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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Metro Bank Holdings Plc | MTRO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 7.50 | 8.00% | 101.20 | 11:50:43 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 94.10 | 93.50 | 101.40 | 93.70 |
| Industry Sector |
|---|
| BANKS |
| Top Posts |
|---|
Posted at 20/11/2024 15:41 by hazl Well done MTRO defying the market. |
Posted at 20/11/2024 05:13 by sniperstocks Fantastic after hours RNS. We are back in the FTSE 250 baby!A few reasons to get on board and excited. 1. MTRO shares used to be £40 per stock unit before before the issues started and enjoyed a multi billion pound market cap. Current MCAP is 600M! 2. MTRO was the first bank the UK adopter in over 150 years in 2010. 3. MTRO is opening stores as opposed to closing down branches like all other major banks. 4. MTRO is crypto friendly and allows purchases of BTC through ET 5. MTRO was destined to die over the last few years but the owners have worked well with the FCA to re establish its trust and its place as a UK bank. By being included BACK in the FTSE250 is absolutely fantastic. 6. All other UK major banks have MCAPs ranging between 30 billion to 70 billion. MTRO also had a multi billion pound MCAP but the issues it suffered years ago took it down to its knees. With the RNSs of late, MTRO is back and has zero issues. With a 600M MCAP, this is a gift and has a 10-40X upside. DYOR but this stock could seriously retire people and do a gamestop style recovery. GLA |
Posted at 20/11/2024 04:30 by juicyjuice MTRO inclusion in FTSE 250 this Friday 22nd Nov !!! |
Posted at 12/11/2024 07:35 by hazl Metro Bank continued to make strong progress during the third quarter, including the announcement of our collaboration with Infosys to create a simpler, more agile and digitally enabled bank for the future.”“The bank returned to profitability in October, in line with guidance, and thanks to our continued emphasis on cost discipline and balance sheet management. NIM improved, driven by our asset rotation into niche and underserved markets, and the successful completion of the mortgage portfolio sale to NatWest.” “We have positive momentum moving forward, with strong cost control and a robust pipeline supporting our pivot towards higher yielding commercial, corporate, SME and specialist mortgages – areas where our established relationship banking model positions us to win and create new FANS.” |
Posted at 02/10/2024 07:55 by hazl Well done MTRO.Good start. |
Posted at 13/9/2024 11:36 by hazl Thanks people I always thought MTRO was worth fighting for.The customer satisfaction alone, was telling people something. |
Posted at 12/9/2024 08:22 by hazl Come on MTRO you show 'em! |
Posted at 01/8/2024 11:29 by chinese investor Bliss !hazl (MTRO) 1 Aug '24 - 12:22 - #25719 Excellent! Climb continues hazl (MTRO) 1 Aug '24 - 12:24 - #25722 The market ignores him, too, Chinese Investor! |
Posted at 27/7/2024 02:07 by danvandan In common with a lot of people here, I'm not sure what to make of this outcome. It's been described as positive by Frumkin, but it looks like natwest has spent three weeks cherry picking the best mortgages (eg highest LTV and lowest risk) and mtro has sold a portfolio at a £100m loss. I get the message about improving the cash and opportunities, but there's conditions attached that we haven't seen for mtro to get the full price from the sale. That said, the market seems to like it - highest share price for a while and 5% rise on the day, so maybe it's all good. |
Posted at 02/7/2023 14:42 by paul planet earth1 Builder2020The publication refers that the new 'Holding Company' hasn't traded since incorporating and doesn't have the distributable reserves to pay a dividend..It does not mean to say that operating companies can't transfer distributable reserves to Metro Bank Holding Company to be used for dividend dustribution in future. Also if Holdings wasn't planning to pay dividends then the dividend tax related disclosures wouldn't have been needed in so much detail as limits and tax rules can and do change. Page 23 Dividends at discretion of Directors..Doesn't mean to say that Directors on 28th July don't announce a dividend policy its at their discretion to do so or otherwise. 'On the Scheme Effective Date, the Company will have no distributable profits or reserves to enable it to pay dividends to Shareholders. Shareholders may therefore not receive a return on their investment or may receive a negative return and lose some or all of their capital The Company’s results of operations and financial condition will be, if the Scheme is implemented, dependent on the trading performance of the members of the New Group. There can be no assurance that the Company will pay dividends in the future. Any decision to declare and pay dividends in the future will be made at the discretion of the Directors and will depend on, among other things, applicable law, regulation, restrictions, the Company’s and the New Group’s financial performance and position (including the availability of distributable profits and reserves and cash available or able to be made available in the hands of the Company for this purpose), regulatory capital requirements, working capital requirements, finance costs, general economic conditions and other factors the Directors deem significant from time to time.' 'Ability to pay dividends dependant on other distributions received from its operating subsidiaries' Page 71 Highlights tax payments related to dividends. 'On the Scheme Effective Date and pending distributable profits or reserves arising or being generated as outlined below or pursuant to the Company Reduction of Capital, the Company will have no distributable profits or reserves to enable it to pay dividends to Shareholders. As a holding company, other than through the implementation of the corporate actions as described below, the Company’s ability to pay dividends will therefore depend on the level of dividends and other distributions received from its operating subsidiaries and companies in which it has an investment. The payment of dividends or return of cash by other means to the Company by its subsidiaries and companies in which it has an investment is, in turn, subject to restrictions, including the existence of sufficient distributable reserves and cash in those subsidiaries and applicable regulatory requirements.' UK Taxation Consequences of the Cancellation of Old MB Shares and the Issue of the New MB Shares For the purposes of UK capital gains tax and corporation tax on chargeable gains, the cancellation of the Old MB Shares and the issue of New MB Shares should be treated as a reorganisation of share capital. UK resident MB Shareholders who do not hold (either alone or together with connected persons) more than five per cent. (5%) of, or of any class of, shares in or debentures of Metro Bank should not be treated as making a disposal, for the purposes of UK tax on chargeable gains, as a result of the cancellation of their Old MB Shares and the issue to them of the New MB Shares. Instead, the New MB Shares issued to an MB Shareholder should be treated as the same asset, and as having been acquired at the same time and for the same consideration, as their Old MB Shares from which they are derived. Taxation of Dividends on New MB Shares The Company will not be required to withhold amounts on account of United Kingdom tax at source when paying a dividend (whether the payment is made to a UK resident or a non-UK resident holder of New MB Shares). Individual Shareholders Dividends received by a United Kingdom resident individual holder of New MB Shares from the Company will generally be subject to tax as dividend income. The first £2,000 (the “Dividend Allowance”) of the total amount of dividend income (including any dividends received from the Company) received by such a holder of New MB Shares in a tax year will be taxed at a nil rate (and so no income tax will be payable in respect of such amounts). If the total dividend income for a tax year of a United Kingdom resident individual holder of New MB Shares exceeds the Dividend Allowance (such excess being referred to as the “Taxable Excess”), then the Taxable Excess will be subject to tax depending on the tax rate band or bands it falls within. The relevant tax rate band is determined by reference to the shareholder’s total income charged to income tax (including the dividend income charged at a nil rate by virtue of the Dividend Allowance) less relevant reliefs and allowances (including the shareholder’s personal allowance). The Taxable Excess is, in effect, treated as the top slice of any resulting taxable income and: * to the extent that the Taxable Excess falls below the basic rate limit, the shareholder will be subject to tax on it at the dividend basic rate of 8.75%; |
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