NatWest Group has become the latest major 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 £1.8 billion in the first three months of the year.
It comes in well ahead of analysts’ expectations at £1.6 billion for the quarter and more than 50% higher than the £1.2 billion recorded this time last year.
