- Capital payouts of 40p a share
- Margins will start to moderate
It wasn’t a surprise that NatWest's (NWG) full-year figures delivered most of what it had already promised, having frontloaded the disappointment of its under-pressure net interest margin (NIM) in a prior trading update. However, the results were still impressive in the context of a prolonged period of underperformance and its turbulent corporate history; these were the first results for hurriedly appointed chief executive Paul Thwaite.