NatWest Group (NWG) vs U.S. Bancorp (USB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
NatWest Group (NWG) has outperformed U.S. Bancorp (USB) over the past year, gaining 19.1% versus a gain of 18.3%. Over five years, NWG leads with a +147.4% price change compared with -6.7% for USB. U.S. Bancorp is the larger company by market cap ($87.52 billion vs $68.34 billion), about 1.3 times the size.
On valuation, NatWest Group trades at a lower forward P/E (8.0x vs 9.7x for U.S. Bancorp). U.S. Bancorp offers the higher dividend yield (3.70% vs 2.03%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NWG | USB |
|---|---|---|
| Share price | $17.25 | $56.17 |
| Market cap | $68.34B | $87.52B |
| 1-day change | -2.38% | -1.95% |
| YTD return | -1.43% | +5.27% |
| 1-year return | +19.13% | +18.25% |
| 5-year return | +147.42% | -6.74% |
| P/E ratio (TTM) | 8.63 | 11.44 |
| Forward P/E | 8.00 | 9.67 |
| EPS (TTM) | $2.00 | $4.91 |
| Dividend yield | 2.03% | 3.70% |
| Annual dividend | $0.35 | $2.08 |
| Revenue (latest FY) | — | $28.66B |
| Revenue growth (YoY) | — | +4.37% |
| Net income (latest FY) | — | $7.57B |
| Net margin | — | 26.42% |
| 52-week high | $19.42 | $66.08 |
| 52-week low | $13.76 | $45.02 |
| Distance from 52-week high | -11.17% | -15.00% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +27.01% | +22.84% |
| Average volume | 3.47M | 7.45M |
| Shares outstanding | 3.96B | 1.56B |
| Employees | 59,000 | 70,000 |
| Sector | Finance | Finance |
| Industry | Commercial Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- U.S. Bancorp trades at a higher earnings multiple (11.4x vs 8.6x trailing P/E).
- U.S. Bancorp offers a meaningfully higher dividend yield (3.70% vs 2.03%).
About NatWest Group
NWG stock →NatWest Group plc, together with its subsidiaries, provides banking and financial products and services in the United Kingdom and internationally. It operates through the Retail Banking, Private Banking, and Commercial & Institutional segments.
Finance · Commercial Banks · 59,000 employees
About U.S. Bancorp
USB stock →U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States.
Finance · Major Banks · 70,000 employees
NWG vs USB FAQ
Which is bigger, NatWest Group or U.S. Bancorp?
U.S. Bancorp (USB) is larger, with a market capitalization of $87.52B compared with $68.34B for NatWest Group (NWG).
Which stock has performed better over the past year, NWG or USB?
NWG returned +19.13% over the past 12 months, compared with +18.25% for USB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NWG or USB?
NWG has the lower trailing P/E at 8.6, versus 11.4 for USB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, NatWest Group or U.S. Bancorp?
U.S. Bancorp has the higher yield at 3.70%, compared with 2.03% for NatWest Group.
Are NatWest Group and U.S. Bancorp in the same industry?
Both are in the Finance sector, but in different industries: Commercial Banks for NatWest Group and Major Banks for U.S. Bancorp.