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NatWest Group saw a 36% jump in first-quarter profits to £1.8 billion, beating forecasts.
NatWest Group reported a 36% rise in operating pre-tax profit to £1.8 billion for the first quarter of 2025, exceeding analyst expectations.
The increase is attributed to higher customer deposits, increased lending, and trading activity amid economic uncertainty.
The bank's CEO, Paul Thwaite, expects full-year income to be at the upper end of its guidance.
The UK government's stake in NatWest is nearing full privatization, down to less than 2% from nearly 40% in December 2023.
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El Grupo NatWest registró un aumento del 36% en las ganancias del primer trimestre a £1.800 millones, superando las previsiones.