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 guidance with higher NIM, profitability, and cost reductions. Asset rotation and deposit optimization drove growth in commercial and specialist mortgage segments, with robust pipelines for 2025 and ambitious ROTE targets.
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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.