Virgin Money UK Competitors and Similar CompaniesClear all
NatWest Group's competitors and similar companies include Lloyds Banking Group and Barclays.
 NatWest Group NatWest Group (formerly known as The Royal Bank of Scotland Group, RBSG) is a banking and financial services company. |  Lloyds Banking Group Lloyds Banking Group is a provider of financial services to individual and business customers. | ||
Founding Date | Founding Date 1968 | Founding Date 1865 | Founding Date 1690 |
Type | Type Public | Type Public | Type Public |
Tags | |||
Locations | Locations Edinburgh, GB HQ Paris, FR Frankfurt Am Main, DE Hong Kong, HK Bengaluru, IN Chennai, IN Chennai, IN see more | Locations London, GB HQ Frankfurt Am Main, DE Guernsey, GG Douglas, IM Saint Helier, JE Amsterdam, NL Singapore, SG see more | |
Employees | Employees 59,400 | Employees 61,228 | Employees 93,000 |
Valuation ($) | Valuation ($) 39.9 b | Valuation ($) 44.6 b | Valuation ($) 446 m |
Financial | |||
Revenue (est.) | Revenue (est.) £16.7b (FY, 2022) | Revenue (est.) £31b (FY, 2023) | Revenue (est.) £55.8b (FY, 2024) |
Cost of goods | Cost of goods £3.5b (FY, 2022) | Cost of goods £15.8b (FY, 2023) | Cost of goods £29b (FY, 2024) |
Gross profit | Gross profit £13.2b (FY, 2022) | Gross profit £15.1b (FY, 2023) | Gross profit £26.8b (FY, 2024) |
Net income | Net income £3.6b (FY, 2022) | Net income £5.5b (FY, 2023) | Net income £6.4b (FY, 2024) |
Operating ⚠ | |||
Deposits from Customers | Deposits from Customers £435.9b (Q3, 2023) | Deposits from Customers N/A | Deposits from Customers £525.8b (FY, 2022) |
Mobile Banking Users | Mobile Banking Users 7.7 m (FY, 2020) | Mobile Banking Users 21.5 m (FY, 2023) | Mobile Banking Users 13.4 m (FY, 2024) |
Total Deposits | Total Deposits £460.2b (Q3, 2023) | Total Deposits £477.5b (FY, 2023) | Total Deposits £574.3b (Q1, 2025) |
Total Loans | Total Loans £385.7b (Q3, 2023) | Total Loans £460.5b (FY, 2023) | Total Loans £348b (Q1, 2025) |
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Lloyds Banking Group
HQ
London, GB
Employees
61,228
Lloyds Banking Group is a provider of financial services to individual and business customers.
View company
Barclays
HQ
London, GB
Employees
93,000
Barclays is a company that provides personal banking and financial services.
View company