London · Delayed Price · Currency is GBP · Price in GBX Metro Bank Holdings Earnings Call Transcripts
Fiscal Year 2025
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Record profit, revenue, and NIM achieved, with strong cost reduction and commercial lending growth. RoTE is set to more than double by Q4 2026, with a clear path to >18% by 2028, supported by asset rotation, cost discipline, and capital strength.
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Revenue grew 22% year-on-year with a 2.95% NIM, while costs fell 8% and underlying PBT tripled to GBP 45 million. Strategic asset rotation, capital actions, and a relationship-led model position the bank to deliver strong returns and meet 2027 guidance.
Fiscal Year 2024
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Delivered strong 2024 results, beating all guidance with a return to profitability, robust NIM growth, and significant cost reductions. Strategic asset rotation and deposit optimization set up further margin and ROTE improvements, with guidance reaffirmed for 2025 and beyond.
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Profitability is expected in Q4 2024, with upgraded guidance for NIM and ROTI through 2027. Strategic asset rotation, cost discipline, and a shift toward commercial and SME lending underpin improved outlook and capital efficiency.