RBSPF (NatWest Group) Total Noninterest Expense: $11,928 Mil (As of Mar. 2026)


RBSPF NatWest Group PLC RBSPF
76 GF Score
Price $8.92
GF Value $6.52
Valuation Significantly Overvalued
! 4 Warning Signs
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What is NatWest Group Total Noninterest Expense?

NatWest Group RBSPF +0.28% 76 Total Noninterest Expense is $11,928 Mil as of Mar. 2026. GuruFocus rates RBSPF with a GF Score™ of 76/100 and a GF Value™ of $6.52 (Significantly Overvalued). The stock has 4 warning signs investors should review.

NatWest Group's Total Noninterest Expense for the three months ended in Mar. 2026 was $3,080 Mil. NatWest Group's Total Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $11,928 Mil.


NatWest Group Total Noninterest Expense Related Terms


NatWest Group Total Noninterest Expense Historical Data

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The historical data trend for NatWest Group's Total Noninterest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NatWest Group Total Noninterest Expense Chart

NatWest Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Noninterest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,736.70 9,341.05 10,415.19 10,359.04 11,643.91

NatWest Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Noninterest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,744.19 2,909.09 2,887.84 3,050.87 3,080.00
RBSPF
76GF Score
NatWest Group PLC RBSPF
Total Noninterest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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NatWest Group Total Noninterest Expense Calculation

Total Noninterest Expense is any expenses incurred that not related to interest. It includes:
Selling, General, & Admin. Expense
Occupancy
Equipment
Professional fees
Amortization of intangibles
Any other special income/charges (too numerous to list)
Some banks can do choose to report each of these items separately. Yet, there are a variety of noninterest expense which are simply too numerous to list.

Total Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,928 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Noninterest Expense of $11,928 Mil mean?
NatWest Group (RBSPF) has a Total Noninterest Expense of $11,928 Mil as of Mar. 2026. Total noninterest expense is any expenses incurred that not related to interest. View historical data on NatWest Group and its competitors.
Is NatWest Group's Total Noninterest Expense too high?
NatWest Group's current Total Noninterest Expense is $11,928 Mil. Overall, NatWest Group has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NatWest Group's Total Noninterest Expense compare to competitors?
NatWest Group's Total Noninterest Expense of $11,928 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Noninterest Expense for a Banks company?
A good Total Noninterest Expense depends on the Banks industry context. However, Total Noninterest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Noninterest Expense mean?
A high Total Noninterest Expense can signal that a stock is expensive relative to its fundamentals. Total noninterest expense is any expenses incurred that not related to interest. View historical data on NatWest Group and its competitors. NatWest Group's current Total Noninterest Expense is $11,928 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NatWest Group stock overvalued right now?
Based on GuruFocus' analysis, NatWest Group (RBSPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.52, compared to a current price of $8.92 — trading 36.7% above its estimated fair value. The current Total Noninterest Expense is $11,928 Mil. NatWest Group's overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Noninterest Expense calculated?
Total Noninterest Expense is calculated from a company's financial statements. For NatWest Group (RBSPF), the current Total Noninterest Expense is $11,928 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NatWest Group (RBSPF) Overvalued in 2026?

Based on GuruFocus' analysis, NatWest Group stock appears to be overvalued. The current stock price of $8.92 is trading 36.7% above its estimated GF Value™ of $6.52. GuruFocus considers NatWest Group to be Significantly Overvalued.

Key valuation signals for RBSPF:

  • Total Noninterest Expense: $11,928 Mil
  • GF Value™: $6.52 vs. price of $8.92 (36.7% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the RBSPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NatWest Group Business Description

Address Gogarburn, PO Box 1000, Edinburgh, GBR, EH12 1HQ
NatWest Group derives around 90% of its total income from the United Kingdom. The bank operates a retail, commercial, and private bank in the UK, offering clients lending and payment services as well as asset management services.
76GF Score

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Total Noninterest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.92
Price
$6.52
GF Value