NatWest Group (NWG) AGM 2026 summary

Opening remarks and agenda

• Welcomed shareholders to the AGM at Gogarburn, Scotland, highlighting Scotland's ongoing importance and recent shareholder engagement, including a virtual event for broader participation.

• Introduced the board and noted the return to full private ownership in May 2025 after the UK government sold its final shares.

Financial performance review

• Reported income of £16.4bn, operating profits of £7.7bn, and a 19.2% return on tangible equity, all significantly higher year-on-year.

• Grew customer base, strengthened core franchises, and invested in future capabilities.

• Announced total dividends per share of £0.325, a 51% increase, and two £750m share buybacks.

• Integrated over 1 million Sainsbury's Bank customers and a £2.3bn mortgage portfolio from Metro Bank.

Board and executive committee updates

• Welcomed new board members Josh Critchley and Albert Hitchcock; noted the retirement of Yasmin Jetha and the passing of Frank Dangeard.