NatWest: Banking giant's profits surged by 18% in first half of 2025

Yorkshire Post

NatWest has revealed its profits surged by 18% in the first half of 2025 as the banking group’s income was boosted by higher customer deposits following the acquisition of Sainsbury’s Bank.

Transcript

00:00Hello, I'm Greg Wright of the Yorkshire Post and here are your business headlines for this morning.

00:06NatWest has revealed its profits surged by 18% in the first half of 2025

00:13as a banking group's income was boosted by higher customer deposits

00:18following the acquisition of Sainsbury's Bank.

00:22The group reported a pre-tax operating profit of £3.6 billion the first six months of the year.

00:29This was 18% higher than the same period a year ago

00:33and ahead of the £3.5 billion that some analysts were expecting.

00:39NatWest said it gained 1.1 million new customers in the first half of 2025

00:44both organically and from acquiring Sainsbury's Bank.

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