NatWest is closing 53 branches across the UK this year, 25 of which will close in June 2025. This move follows a significant shift in customer behaviour, with more people choosing online and mobile banking over traditional in-person services. The closures will affect communities in both urban and rural areas. Customers are encouraged to check if their local branch is on the list and explore alternative banking options.
The bank has provided detailed closure guides for each affected branch. These guides include information on local alternatives and support for customers who may find the transition challenging. NatWest also offers community pop-up sites in selected locations for up to twelve weeks after a branch closure. Advisors at these sites help customers connect to local and digital banking services.
Reasons Behind NatWest’s Decision
The main reason for these closures is the rapid adoption of digital banking. NatWest has seen a dramatic change in how customers interact with the bank. Most transactions now occur online or through mobile apps, reducing the need for physical branches. This industry-wide trend has led other major banks, such as Lloyds and Barclays, to announce similar closures.
Experts warn that moving to online banking without adequate support can leave some customers, especially older people, vulnerable to scams and cybercrime. NatWest says it remains committed to supporting all customers during this transition. The bank guides using digital services and ensures access to essential banking through mobile branches, sister bank locations, and the Post Office network.
Impact on Customers and Communities
The closure of 25 branches in June will impact many communities. Customers who rely on face-to-face banking may need to adapt quickly. NatWest has set up several alternatives:
- Mobile banking through the NatWest app
- Online banking from home
- Video banking for face-to-face support
- Community pop-up sites for temporary local service
- Access to cash deposit machines through Cash Access UK
- Banking at the Post Office and sister branches
Customers are advised to review the full list of branch closures and consider alternative financial management methods.
NWG Share Price Performance
The nwg share price has shown strong performance in 2025. On May 7, 2025, NatWest Group Plc’s share price stood at $12.86, with a recent high of $13.21 and a low of $7.80 over the past 52 weeks. The stock has delivered a 65 percent return over the past year and a 138 percent return over three years, outperforming many market benchmarks.
The nwg share price reached a new 52-week high after NatWest reported better-than-expected earnings. The company posted earnings per share of $0.39, beating analyst expectations. Revenue for the quarter was $5.3 billion, well above the $3.8 billion forecast. This positive performance increased the semi-annual dividend to $0.3899 per share, representing a 3.8 percent yield.
Analyst Ratings and Investor Sentiment
Several analysts have updated their outlook on the nwg share price. BNP Paribas downgraded the stock from “outperform” to “neutral,” while Peel Hunt moved it from “strong-buy” to “moderate-buy.” Citigroup continues to rate NatWest as a “buy.” Overall, the stock has an average rating of “buy” among analysts.
Indian investors and others can track the nwg share price in US dollars and Indian rupees. Investment platforms make buying or setting up systematic investment plans in NatWest Group Plc shares easy.
What the Future Holds for NatWest
NatWest’s decision to close branches reflects broader changes in the banking sector. The bank’s focus on digital transformation has helped boost efficiency and profitability, which is reflected in the nwg share price. However, the closures also highlight the importance of supporting all customers, especially those less comfortable with technology.
NatWest continues investing in digital services while supporting customers who need in-person assistance. The bank’s strong financial results and rising share price suggest that investors remain confident in its strategy and future growth.