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Insider UK
Insider UK
Business
August Graham & Peter A Walker

NatWest third quarter results exceed expectations

NatWest has upgraded expectations for the year as the bank's mortgage book grew and the chief executive said it is not yet seeing signs of families in added financial distress.

The group's third quarter results statement noted that it expects to make £12.8bn in total income in 2022, up from its previous guidance of £12.5bn. The company made £10.4bn last year.

Total income was £3.23bn in the three months to the end of September. Analysts had expected total income to reach £3.22bn.

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