NWG Reports H1 Adj Total Income GBP 8.672B

NWG Natwest Group Plc Earnings Notes: - Natwest h1 ADJ total Income GBP 8.672B - In 2028 continue to expect customer assets and liabilities to grow at compound annual rate of greater than 4% from end of 2025 - In 2028 we continue to expect cost:income ratio, excluding litigation and conduct costs, below 45% - In 2028 we continue to expect return on tangible equity greater than 18% - In 2026 we expect total Income excluding notable items to be around £17.9B, including around £275M relating to Evelyn Partners - In 2026 we expect return on tangible equity greater than 19% - Outlook 2026 return on tangible equity greater than 19% - In 2028 we continue to expect capital Generation pre-distributions of greater than 200 basis points - Continue to expect to pay ordinary dividends of around 50% of attributable profit - Expect to pay ordinary dividends of around 50% of attributable profit, next share buyback announcement to be with our FY 2026 - Continue to target a cet1 ratio of around 13.0% - Expect Basel 3.1 to increase rwas by around £10B on 1 January 2027 - H1 impairment charge of £280M, compared with a £226M charge in h1 2025