NatWest, which bought London-based wealth manager and Financial Planner Evelyn Partners for £2.7bn last month, has today reported a first-half operating profit before tax of £4.3bn.
NatWest Group completed its £2.7bn acquisition of Evelyn Partners on 30 June.
It said its attributable profit climbed from £2.5bn in 2025 to £3bn in the first half of this year.
In a stock market update the company said: “Strength of our first-half performance and completion of Evelyn Partners give us confidence to strengthen our 2026 guidance.”
It said its customer assets and liabilities (CAL) stood at £986.9bn after climbing 9.6% or £86.8bn in the first half of 2026 boosted by the acquisition of Evelyn Partners.
Assets under management and administration (AUMA) were £130.6bn, up £72.1bn, primarily driven by the acquisition of Evelyn Partners. It said Evelyn Partners added £71.7bn of AUMA.
The bank said its private banking and wealth management business made “strong organic growth”, with record AUM net inflows of £2bn and 45,000 new-to-investment clients.
The firm said: “Completion of Evelyn Partners acquisition is transformational for this business, in a market with considerable growth potential.”
Paul Thwaite, chief executive at NatWest, said: “The consistency of our performance, coupled with the completion of our Evelyn Partners acquisition, has given us the confidence to strengthen our guidance for 2026, while our continued capital generation means we have today announced an interim dividend of 12.0p per share and that we will consider share-buybacks from full year 2026, six months earlier than previously planned.”