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NatWest profits up after buying Sainsbury's Bank

Western Mail

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July 28, 2025

NATWEST Group has revealed its profits surged by 18% in the first half of 2025 as the banking group gained customers after buying Sainsbury's Bank and bringing down business costs.

The group reported a pretax operating profit of £3.6bn for the first six months of the year.

This was 18% higher than the same period a year ago, and ahead of the £3.5bn that some analysts were expecting. Total income jumped by about 12% year on year, with its retail banking division boosted by higher customer deposits.

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