RBSPF (NatWest Group) Tax Provision: $-2,594 Mil (TTM As of Mar. 2026)


RBSPF NatWest Group PLC RBSPF
76 GF Score
Price $9.02
GF Value $6.64
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is NatWest Group Tax Provision?

NatWest Group RBSPF -0.50% 76 Tax Provision is $-2,594 Mil as of Mar. 2026. GuruFocus rates RBSPF with a GF Score™ of 76/100 and a GF Value™ of $6.64 (Significantly Overvalued). The stock has 4 warning signs investors should review.

NatWest Group's tax provision for the three months ended in Mar. 2026 was $-701 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was $-2,594 Mil.

NatWest Group Tax Provision Historical Data

* Premium members only.

The historical data trend for NatWest Group's Tax Provision 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 Tax Provision Chart

NatWest Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,324.47 -1,552.98 -1,815.19 -1,852.09 -2,508.70

NatWest Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision 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 -608.53 -595.66 -678.38 -618.47 -701.33
RBSPF
76GF Score
NatWest Group PLC RBSPF
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NatWest Group Tax Provision Calculation

Tax to be paid.

Tax Provision 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 $-2,594 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $-2,594 Mil mean?
NatWest Group (RBSPF) has a Tax Provision of $-2,594 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on NatWest Group and its competitors.
Is NatWest Group's Tax Provision too high?
NatWest Group's current Tax Provision is $-2,594 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 Tax Provision compare to competitors?
NatWest Group's Tax Provision of $-2,594 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 Tax Provision for a Banks company?
A good Tax Provision depends on the Banks industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on NatWest Group and its competitors. NatWest Group's current Tax Provision is $-2,594 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 $6.64, compared to a current price of $9.02 — trading 35.8% above its estimated fair value. The current Tax Provision is $-2,594 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 Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For NatWest Group (RBSPF), the current Tax Provision is $-2,594 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 $9.02 is trading 35.8% above its estimated GF Value™ of $6.64. GuruFocus considers NatWest Group to be Significantly Overvalued.

Key valuation signals for RBSPF:

  • Tax Provision: $-2,594 Mil
  • GF Value™: $6.64 vs. price of $9.02 (35.8% 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

Get the complete analysis for RBSPF

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

$9.02
Price
$6.64
GF Value