NatWest expects income and returns to hit the upper end of guidance this year after loan growth and structural hedges lifted the high-street bank’s earnings above market views.

The British lender said Friday that it now forecasts total income excluding notable items for 2025 to be closer to 15.7 billion pounds ($20.85 billion) than to 15.2 billion pounds as loan growth and structural hedges continue to mitigate the impact of interest-rate cuts by the Bank of England.