NatWest group operating expenses 2012-2023
The operating costs of the NatWest group rose briefly in 2013, achieving the highest value of this period, with approximately 17.4 billion British pounds. Since 2016, the total operating expenditure has decreased steadily, reaching its lowest value in 2022, with a total of roughly 7.68 billion British pounds. In 2023, the operating expenses stood at nearly eight billion British pounds. The NatWest group was named Royal Bank of Scotland until 2020, when it was renamed after the brand under which the majority of its business was delivered.