NWG vs. TFC: NatWest vs. Truist Financial Stock Comparison

Company Profile

NatWest (NWG) and Truist Financial (TFC) both belong to the Banks industry, though NWG is classified under Diversified Banks while TFC falls under Regional Banks.

Truist Financial (TFC) trades as ordinary local shares, while NatWest (NWG) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

NatWest (NWG) at 14.58% sits in the top ROE quartile, while Truist Financial (TFC) at 8.16% is in the bottom quartile, showing a clear gap in returns on equity.

NatWest (NWG) at 36.93% retains a top-quartile share of revenue as profit, ahead of Truist Financial (TFC) at 28.38%, which keeps about the industry-typical share.

Neither side reports a meaningful operating margin: for NatWest (NWG) in Banks and Truist Financial (TFC) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Truist Financial (TFC) at 53.03% clears its industry range for revenue growth, far stronger top-line momentum than NatWest (NWG) at 13.35%, which is closer to a typical peer reading.

Both NatWest (NWG) at 26.93% and Truist Financial (TFC) at 13.69% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: NatWest (NWG) in Banks and Truist Financial (TFC) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: NatWest (NWG) in Banks and Truist Financial (TFC) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

Truist Financial (TFC) at 4.17% delivers top-quartile income for its industry, while NatWest (NWG) at 2.19% pays a more typical yield — both are credible income propositions, TFC the richer one.

Both NatWest (NWG) at 47.43% and Truist Financial (TFC) at 53.61% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

Dividend Metrics

Valuation

NatWest (NWG) at 7.84 sits in the cheaper P/E ratio quartile, while Truist Financial (TFC) at 12.73 is closer to its industry’s usual earnings multiple — a discount for NWG, though growth and earnings durability still matter.

P/S ratio is set aside for both NatWest (NWG) in Banks and Truist Financial (TFC) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.

Truist Financial (TFC) at 1.06 sits in the lower P/B ratio quartile against book while NatWest (NWG) at 1.20 is valued near its industry’s middle — TFC is cheaper on assets, though weigh it against ROE and asset quality.

Valuation Metrics