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Insider UK
Insider UK
Business
Anna Wise & Peter A Walker

NatWest profit surge beats expectations

NatWest Group has become the latest British bank to beat profit expectations, despite seeing a jump in customers withdrawing money at the start of the year.

The group reported an operating profit before tax of £1.8bn in the first three months of the year.

It comes in well ahead of analysts’ expectations at £1.6bn for the quarter and more than 50% higher than the £1.2bn recorded this time last year.

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