Subscribe To

Price Alert Latest News Economic Calendar News

MBNKF / 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 £15.6bn at the end of March were down 5% on a year ago and 3% since the last year-end, which the challenger bank said reflected seasonal factors such as tax payments in January, partially offset by net inflows in March. Read More

Demo Live Account See Partner Details

Content Topics

Metro

Bank

Profitable

Second

Quarter

Stock

MBNKF

Posted: May 3 2023, 06:39

Author Name: Proactive Investors

MBNKF News

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.

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

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

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

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

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

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

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

Risk Disclosure:

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
We would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. We and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of us and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. We may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.