Metro Bank PLC (LON: MTRO)

London flag London · Delayed Price · Currency is GBP · Price in GBX
35.30
+0.20 (0.57%)
May 17, 2024, 4:35 PM GMT+1
-60.78%
Market Cap 236.13M
Revenue (ttm) 1.41B
Net Income (ttm) 44.25M
Shares Out 672.73M
EPS (ttm) 0.20
PE Ratio 2.72
Forward PE 8.20
Dividend n/a
Ex-Dividend Date n/a
Volume 420,511
Open 35.70
Previous Close 35.10
Day's Range 34.75 - 36.45
52-Week Range 28.30 - 128.00
Beta 2.13
Analysts n/a
Price Target 147.00 (+316.43%)
Earnings Date Feb 29, 2024

About Metro Bank

Metro Bank Holdings PLC operates as the bank holding company for Metro Bank PLC that provides various banking products and services in the United Kingdom. It offers personal banking products and services, including current, cash, and foreign currency accounts; savings; residential and buy-to-let mortgages; overdrafts; credit cards; pet insurance; and safe deposit box services. The company also provides business banking products and services comprising business bank, commercial and community current, foreign currency, and insolvency practitioner... [Read more]

Sector Financials
Founded 2010
Country United Kingdom
Stock Exchange London Stock Exchange
Ticker Symbol MTRO
Full Company Profile

Financial Performance

Financial Statements

News

Metro Bank to slash savings rates below 4% is now a good time to move your cash?

Metro Bank savings rates are set to plummet below 4%. But, theres still time for savers to move their money should you shop around now and which accounts are affected?

9 days ago - MoneyWeek

The CEO Who Hired His Wife, Gave His Dog a Title, and Brought Down a Bank

Vernon Hill, the builder of Commerce Bank and Metro Bank, was also behind toppled Republic First.

16 days ago - The Wall Street Journal

Metro Bank turnaround sees it win back savings customers

Total deposits rose 4% to £16.2 billion after the bank launched a campaign to attract savers after last year’s funding crisis.

19 days ago - Evening Standard

Bank of England investigating claim Metro Bank put customers’ data at risk

Exclusive: Whistleblower raised concerns about security of in-branch coin-counter software The Bank of England is examining claims that the high street lender Metro Bank allegedly put customers’ data ...

7 weeks ago - The Guardian

Struggling lender Metro Bank to cut 1000 employees in hopes of finding $38.4 million in savings

Underlying loss for the year fell by two-thirds to £16.9 million, according to a statement.

2 months ago - Fortune

Metro Bank to cut 1,000 jobs and end seven-day branch model

Lender nearly triples size of cost-cutting plan to find savings of £80m after autumn rescue deal Business live – latest updates Metro Bank is cutting 1,000 jobs and putting an end to its trademark sev...

2 months ago - The Guardian

Metro Bank warns over more job cuts and will end seven-day trading in branches

The troubled lender is already axing 22% of its workforce and expects more jobs to go, while the bulk of its branches will only open Monday to Friday.

2 months ago - Evening Standard

Metro Bank Appoints Barclays Veteran Marc Page as CFO

Metro Bank has announced the appointment of Marc Page, a Barclays veteran, as its Chief Financial Officer. Page is set to join the U.K. bank and its board on September 2, pending regulatory approval, ...

2 months ago - CEOWORLD magazine

Metro Bank to slash 5.22% savings rate for current customers- whats the next best alternative?

Metro Bank is set to cut the rate on its best buy instant access saver for existing customers. Is there an alternative on the market and should you switch now?

3 months ago - MoneyWeek

‘I’m still proud of what we created’: Metro Bank’s 14-year rollercoaster ride

From its lavish launch parties to a 2019 accounting scandal, the UK challenger bank has been beset by controversy In early 2008, inside the Seashell fish and chip shop in Marylebone, west London, Anth...

3 months ago - The Guardian

Colombian billionaire Jaime Gilinski Bacal joins Metro Bank board after leading rescue deal

Mr Gilinski Bacal (pictured) will join the board of the struggling UK lender as a non-executive director and will help oversee how the business is run.

4 months ago - This is Money

Colombian billionaire joins Metro Bank board after leading rescue deal

Jaime Gilinski Bacal has appointed himself as a non-executive director and will help oversee how the business is run.

4 months ago - Evening Standard

Top shareholder Jaime Gilinski Bacal appointed to Metro Bank board

In October, Colombian Gilinski become Metro Bank's controlling shareholder, taking a 52.88% in the lender, up from 9% previously.

4 months ago - This is Money

Nationwide 'out in the cold', brokers say, as it stays out of mortgage rate price war for now

Metro Bank and TSB were among the latest lenders to cut rates

4 months ago - Evening Standard

Finance boss quits Metro Bank after turbulent year for lender

James Hopkinson will step down from the British lender just months after it was bailed out following concerns over its balance sheet.

4 months ago - This is Money

Metro Bank subsides as mortgage accreditation pushed back further

Metro Bank Holdings PLC (LSE:MTRO) shares fell 7% to 94.3p after the UK regulator said its application for improved residential mortgage accreditation needs more work. The challenger bank no longer ex...

8 months ago - Proactive Investors

Metro Bank share price forms death cross as woes mount

Metro Bank (LON: MTRO) share price sell-off gained steam on Tuesday as the company continued facing rising headwinds. The stock dropped to 94.7p, the lowest level since May 19th.

8 months ago - Invezz

Metro Bank shares dip as mortgage risk model change drags

Britain's Metro Bank said on Tuesday that the Bank of England's Prudential Regulation Authority (PRA) would likely not approve its application to use internal credit risk models in its residential mor...

8 months ago - Reuters

UK's Metro Bank posts first-half profit on tight cost controls, rate hikes

Metro Bank Holdings on Tuesday reported a first-half profit compared with a year-ago loss, helped by the British mid-sized lender keeping a tight rein on costs and benefiting from interest rate hikes.

10 months ago - Reuters

Metro Bank profitable for second quarter in a row

Metro Bank PLC (LSE:MTRO) shares rose after it reported its second consecutive quarter of profitability on a statutory basis, with a strong period for current account openings. Total deposits of £15.6...

1 year ago - Proactive Investors

Metro Bank posts second quarter of profitability on mortgage loans demand

Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net inflows picked up pace in March on a revival in demand for mortgage loans.

1 year ago - Reuters

Metro Bank 2022 pretax loss narrowed on higher interest rates

By Christian Moess Laursen

1 year ago - Market Watch

Metro Bank annual losses narrow, posts profit in fourth quarter

Metro Bank PLC (LSE:MTRO) said on Thursday it returned to profit in the fourth quarter of 2022 despite posting a loss for the full-year. The UK bank said underlying revenue increased by 31% to £522.1m...

1 year ago - Proactive Investors

Metro Bank fined £10mln for publishing incorrect information

Metro Bank has been fined £10mln by the Financial Conduct Authority for publishing incorrect information to investors and breaching listing rules. In a third-quarter trading update in October 2018 the...

1 year ago - Proactive Investors