NWG vs. WFC: NatWest vs. Wells Fargo Stock Comparison

Company Profile

NatWest (NWG) and Wells Fargo (WFC) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.

Wells Fargo (WFC) 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 Wells Fargo (WFC) at 12.91% is closer to the peer norm — stronger capital efficiency for NWG.

NatWest (NWG) at 36.93% retains a top-quartile share of revenue as profit, ahead of Wells Fargo (WFC) at 27.64%, which keeps about the industry-typical share.

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

Profitability Metrics

Growth

NatWest (NWG) at 13.35% is around its peer norm for revenue growth, while Wells Fargo (WFC) at 1.70% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Both NatWest (NWG) at 26.93% and Wells Fargo (WFC) at 16.57% 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 Wells Fargo (WFC) 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 Wells Fargo (WFC) 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

Both NatWest (NWG) at 2.19% and Wells Fargo (WFC) at 2.19% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

Wells Fargo (WFC) at 26.09% pays out a band-typical share of earnings, while NatWest (NWG) at 47.43% distributes more than its industry norm — less retained, thinner cover.

Dividend Metrics

Valuation

NatWest (NWG) at 7.84 sits in the cheaper P/E ratio quartile, while Wells Fargo (WFC) at 11.84 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 Wells Fargo (WFC) 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.

NatWest (NWG) at 1.20 is valued about in line with its industry on P/B ratio, while Wells Fargo (WFC) at 1.59 carries an above-peer premium to book — WFC is pricier on assets.

Valuation Metrics