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MBNKF / Metro Bank trims losses as turnaround plans pick up pace

Metro Bank trims losses as turnaround plans pick up pace
Metro Bank (LSE:MTRO) shares rose in early morning trade as the bank trimmed losses and continued to make progress toward turnaround goals. The bank recorded underlying losses of £179.3mln in 2021, a 37% reduction on 2020 losses, with momentum made in the second half of last year. Read More
Posted: Feb 23 2022, 07:24
Author Name: Proactive Investors
Views: 110891

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Shares in this UK bank just plunged over 30%

By CNN Business
October 5, 2023

Shares in this UK bank just plunged over 30%

Shares in UK lender Metro Bank sank as much as 31% Thursday following a report that it was urgently seeking to raise funds to shore up its finances. more_horizontal

Metro Bank responds to media speculation of emergency fundraise

By Proactive Investors
October 5, 2023

Metro Bank responds to media speculation of emergency fundraise

Metro Bank Holdings PLC (LSE:MTRO), the challenger lender established in 2010, has responded to media speculation pertaining to a £600 million emerge more_horizontal

UK's Metro Bank shares suspended multiple times after plunging more than 25%

By CNBC
October 5, 2023

UK's Metro Bank shares suspended multiple times after plunging more than 25%

Shares of Britain's Metro Bank suspended trading Thursday after tanking more than 29% amid reports that it was trying to raise £600 million ($727 mil more_horizontal

Metro Bank plunges on talk of big fundraising to fix finances

By Reuters
October 5, 2023

Metro Bank plunges on talk of big fundraising to fix finances

Metro Bank shares plunged more than 25% on Thursday following reports the British lender was exploring options to raise as much 600 million pounds ($7 more_horizontal

Metro Bank shares tank even further on news emergency fundraise

By Proactive Investors
October 5, 2023

Metro Bank shares tank even further on news emergency fundraise

Metro Bank Holdings PLC (LSE:MTRO) is seeking to raise £600 million from investors to fortify its beleaguered balance sheet following a series of fi more_horizontal

Metro Bank explores raising as much as 600 million pounds -sources

By Reuters
October 4, 2023

Metro Bank explores raising as much as 600 million pounds -sources

Britain's Metro Bank is exploring options to raise as much 600 million pounds ($729 million) in debt and equity financing, people familiar with the si more_horizontal

Metro Bank subsides as mortgage accreditation pushed back further

By Proactive Investors
September 12, 2023

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 accreditati more_horizontal

Metro Bank shares dip as mortgage risk model change drags

By Reuters
September 12, 2023

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 more_horizontal


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