Natwest Historical Income Statement

NWG Stock  USD 9.99  0.09  0.91%   
Historical analysis of Natwest Group income statement accounts such as Operating Income of 6.1 B can show how well Natwest Group PLC performed in making a profits. Evaluating Natwest Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Natwest Group's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Natwest Group PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Natwest Group PLC is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natwest Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

About Natwest Income Statement Analysis

Natwest Group PLC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Natwest Group shareholders. The income statement also shows Natwest investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Natwest Group Income Statement Chart

At this time, Natwest Group's Total Operating Expenses is most likely to decrease significantly in the upcoming years. The Natwest Group's current Net Income is estimated to increase to about 4.9 B, while Operating Income is projected to decrease to roughly 6.1 B.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Natwest Group PLC. It is also known as Natwest Group overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Natwest Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Natwest Group PLC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natwest Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, Natwest Group's Total Operating Expenses is most likely to decrease significantly in the upcoming years. The Natwest Group's current Net Income is estimated to increase to about 4.9 B, while Operating Income is projected to decrease to roughly 6.1 B.
 2021 2022 2023 2024 (projected)
Other Operating Expenses7.8B7.3B8.0B9.5B
Income Tax Expense996M1.3B1.4B855.7M

Natwest Group income statement Correlations

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-0.50.131.00.070.110.23-0.560.92-0.850.350.540.780.6-0.330.010.42-0.05-0.360.31-0.170.150.05-0.08
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-0.060.280.60.340.040.110.6-0.10.53-0.50.870.130.8-0.080.550.240.6-0.120.13-0.05-0.23-0.280.51
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-0.66-0.020.3-0.36-0.04-0.010.31-0.710.11-0.640.10.560.390.13-0.46-0.120.72-0.31-0.81-0.60.650.44-0.44
0.39-0.19-0.170.14-0.02-0.01-0.170.430.10.4-0.03-0.2-0.11-0.050.04-0.14-0.330.110.49-0.6-0.13-0.240.18
-0.58-0.270.15-0.490.040.060.15-0.560.07-0.41-0.290.360.11-0.23-0.56-0.770.62-0.7-0.630.65-0.130.7-0.72
-0.48-0.150.03-0.340.320.320.05-0.46-0.06-0.29-0.420.16-0.03-0.28-0.36-0.580.43-0.58-0.50.44-0.240.7-0.8
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Natwest Group Account Relationship Matchups

Natwest Group income statement Accounts

201920202021202220232024 (projected)
Income Before Tax4.2B(351M)4.0B5.1B6.2B6.5B
Income Tax Expense432M83M996M1.3B1.4B855.7M
Other Operating Expenses7.0B6.8B7.8B7.3B8.0B9.5B
Operating Income4.0B(289M)4.3B7.7B6.2B6.1B
Ebit4.0B(411M)4.3B7.7B(359M)(341.1M)
Ebitda5.1B502M5.2B8.5B575M546.3M
Total Operating Expenses7.0B6.8B7.8B7.3B8.0B9.2B
Net Income3.5B(434M)3.3B3.6B4.6B4.9B
Depreciation And Amortization1.2B913M838M833M934M1.2B
Total Other Income Expense Net261M(382M)(42M)(161M)3M3.2M
Interest Expense3.3B2.3B1.7B2.8B10.0B6.4B
Selling General Administrative2.8B1.5B2.0B1.6B2.0B3.1B
Total Revenue14.3B10.8B10.5B13.2B14.2B15.7B
Gross Profit14.3B10.8B10.5B13.2B25.5B16.0B
Tax Provision432M83M996M1.3B1.4B898.1M
Net Interest Income8.0B7.7B7.6B9.8B11.0B9.7B
Net Income Applicable To Common Shares3.1B(753M)3.0B3.3B3.8B4.0B
Interest Income11.4B10.1B9.3B12.6B21.0B13.4B
Net Income From Continuing Ops3.8B(434M)3.0B3.9B4.7B5.0B
Minority Interest9M(36M)(44M)(6M)4M3.8M
Reconciled Depreciation1.5B914M923M833M934M1.0B

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When determining whether Natwest Group PLC is a strong investment it is important to analyze Natwest Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Natwest Group's future performance. For an informed investment choice regarding Natwest Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natwest Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Natwest Group. If investors know Natwest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Natwest Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.429
Dividend Share
0.235
Earnings Share
1.17
Revenue Per Share
3.252
Quarterly Revenue Growth
0.074
The market value of Natwest Group PLC is measured differently than its book value, which is the value of Natwest that is recorded on the company's balance sheet. Investors also form their own opinion of Natwest Group's value that differs from its market value or its book value, called intrinsic value, which is Natwest Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Natwest Group's market value can be influenced by many factors that don't directly affect Natwest Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Natwest Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Natwest Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natwest Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.