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MTRO Metro Bank Holdings Plc

32.95
-0.25 (-0.75%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Metro Bank Holdings Plc LSE:MTRO London Ordinary Share GB00BMX3W479 ORD 0.0001P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.25 -0.75% 32.95 1,668,967 16:35:19
Bid Price Offer Price High Price Low Price Open Price
33.15 33.45 34.25 33.10 33.55
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:19 UT 69,944 32.95 GBX

Metro Bank (MTRO) Latest News

Metro Bank (MTRO) Discussions and Chat

Metro Bank Forums and Chat

Date Time Title Posts
24/4/202407:37METRO BANK - Moderated 25,205
11/4/202419:18Metro Bank90,987
12/3/202411:53METROBANK Flea-bitten dog991
07/10/202312:18METRO new moderated thread335
23/2/202206:41SentimentalRules AKA idoflykathy59

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Metro Bank (MTRO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:35:1932.9569,94423,046.55UT
15:29:4533.402,870958.58AT
15:28:4633.3024581.59AT
15:26:0533.309431.30AT
15:24:4833.12154.97O

Metro Bank (MTRO) Top Chat Posts

Top Posts
Posted at 12/4/2024 12:00 by arborfieldinvestor
There are certainly some level of risk, especially with the smaller banks. MTRO had real risks of going under last year due to regularity requirements, hence the share price being hammered. Whilst that risk has not totally disappeared it has now reduced significantly due to the rescue package. The last results showed at the end of the year deposits were increasing, revenues up significantly on previous years. The current price still reflects the expected failure of the bank which, I personally, and I could be wrong, is unlikely to happen in the near future.
Posted at 10/4/2024 23:53 by arborfieldinvestor
1.79% profit on closing price! I have a normal limit of not more than 5% of my portfolio in one stock and MTRO is currently 22% as I've sold other stocks to buy at lower levels. I will need to reduce this exposure if, as I hope, the share price continues to rise.
Posted at 23/3/2024 23:50 by paul planet earth1
You should really stop trolling Bones698 your not very good at it..

Looks like Gilinksi isn't interested in increasing his stake as the share price has on occasion fallen below 30p..

Possibly the ii's imposed restraints on his share holdings size as part of the refinancing otherwise why not take more shares on the cheap.

Oh Bones698 if Angle Plc need a loan I don't think Metro Bank will give them one having already burnt through £130m of share holder cash, way too risky, going into adninistration and all that, but Im sure they can share a few doggy snacks for you as a little treat!
Posted at 19/3/2024 19:12 by danvandan
What a fall today. As dealy said, there's nothing in the results to justify it. On the plus side, if you felt envious of Bacal and Frumkin's cheap shares, there's no need to be envious any longer!

How to characterise this ever sinking share? It's not a recovery story, because it's never made money. It's not a turnaround. Is it actually a very long start-up? 14 years so far. UK's 10th biggest bank.

I see three likely outcomes:
1. The bank achieves proper profitability. There's every likelihood of that now - they've reduced headcount, and will reduce it further, and are stopping Sunday opening. Who does their banking on a Sunday? No one. Bacal has made banks profitable before. He knows how to do it. Also, don't forget that all the major banks have properties. They might be closing them, but they still have hundreds of branches. So banks with premises do make money.

2. The share price continues to sink and Bacal takes the bank private. That might produce a small premium, but it depends on timing and this option does suggest that profitability rather than shareprice is Bacal's target. These two things do go hand in hand though. There's reason for optimism on this point.

3. A rival bank offers to buyout. Best option for everyone here, because it'll mean a big bounce in the shareprice. But not if the price manages to sink into the teens. All the charts look grim but I'm getting a feeling this could be near the bottom. I'll be keeping an eye on mtro.

Joseph, all your poster names on here are serving no purpose. Just one account from you here is all you need. ppl might even read it. Your current list - I have them all filtered and so does everyone else.
Posted at 08/3/2024 21:00 by fast mover
Housebuilders will be in the spotlight this week with the investigation into whether the big names are colluding and carving up the areas they operate the latest cloud to overhang the sector.Share prices among the builders have started to recover after the mortgage chaos of last year but the backdrop remains fragile.Any change in tone over the current year (2024) following the recent trading updates will be something to check.Challenger banks OSB and Metro are also in the frame and in the spotlight after Nationwide's move for Virgin Money.Could it start a rush to snap up other mid-size operators?Analysts seem sceptical given that likely bidders in the form of the high street giants have seemingly decided handing out cash to their own shareholders is a better use.Macro news will be dominated by US inflation, both consumer prices and at the factory gate... read macro preview.
Posted at 12/2/2024 13:35 by thomas4billing
Title: Anticipating Strong 2023 Results from Metrobank: A Bullish OutlookAs an avid follower of Metrobank, I've been closely analyzing the recent dynamics and trends surrounding the company, and I'm highly optimistic about what's on the horizon. The current share price of Metrobank, in my opinion, doesn't fully reflect the potential upside we're likely to witness, especially considering the significant cost reductions implemented in the last quarter. This strategic move is a strong indicator of a more efficient and leaner operation, which should translate into healthier bottom-line results.I'm particularly excited about the upcoming RNS announcement expected on March 13th, 2023. Given the cost-cutting measures and the overall direction of the company, I anticipate very positive news about the 2023 results. Such announcements often act as catalysts for stock prices, and with the current underappreciation in the market, this could be a pivotal moment for Metrobank.Another factor that reinforces my bullish stance is the leadership change, with the company now under the guidance of Jaime Bacal, an experienced banker with a track record of success. Bacal's expertise in the banking sector provides Metrobank with a strategic advantage, particularly in navigating the complex financial landscape and capitalizing on new growth opportunities. His leadership is likely to usher in a new era of financial discipline, innovation, and market expansion.Investors should also consider the macroeconomic environment, which appears to be stabilizing, and Metrobank's strong position within the industry. The banking sector, historically, has been a strong indicator of economic health, and as such, a well-positioned bank like Metrobank could stand to benefit significantly from any upturn in economic activity.Lastly, the period leading up to the announcement of the annual results is often ripe for accumulation, especially by those in the know. With the share price currently at a point that seems to undervalue the bank's potential, this could be an opportune moment for investors to consider Metrobank as a key addition to their portfolios.In conclusion, considering the strategic cost reductions, the anticipation of positive news on March 13th, the leadership of Jaime Bacal, and the overall market conditions, I am very bullish about Metrobank's prospects in the near future. As always, investors should conduct their own due diligence and consider their investment goals and risk appetite when making investment decisions.
Posted at 21/1/2024 08:39 by paul planet earth1
Jenie20 Jan '24 - 20:36 - 90586 of 90604

"What's currently underpinning Metro share price?"

Metro Bank is profitable and cash generative so despite the recent recapitalisation to cover historic losses the banks profits have been growing on the back of a rising interest rate environment. Banks make most of their profits on the back of the spread or NIM 'Net Interest Rate' margin between interest earned on lending less that paid on deposits. The higher the interest rates rise the bigger the spread and hence NIM.

Most of the fixed cost base that is 70% of lease costs of the branch structure are covered by security lock box revenues with Metro Bank Number 2 market player in the industry.

Labour costs are dramatically being cut by 20% or 800 staff and opening times reduced from 7 days to 5.5 days which is a very sensible move aligning Metro Bank's cost base with the industry average.

Market cap is a mere £250m for a bank handling £20 billion of assets. Similar sized banks market cap would be closer to £800m.

Metro Bank has drawn the interest of several other banks looking to acquire it but no doubt any offer was deemed too low.

Gilinksi owns 53% of Metro Bank having invested £103m and saw the opportunity to step in..The issue here is that on the one hand he is a seasoned financial services investor having entered and disrupted other bank markets through acquistions, mergers, and aggressive cost cutting and growth..

On the other we as investors don't know his long term plans be it take the bank private on the cheap in a year or so although institutional investors nursing large historic legacy losses may resist, dump his shares over time on retail as the share price recovers, or grow the bank through a combination of aggressive cost cutting and acquiring similar sized mid tier banks given the already highly competitive nature of the bank market with a view to sell on Metro Bank to a much larger bank rival in future at many times his current average holding price of 40p.

My view is the later he wants to keep Metro Bank listed, grow the bank as stated with a big acquisition, and sell on in 2 to 3 years time to a much bigger rival.

This appears to his modem operandi that he has used on several occasions in both other bank markets and other non bank markets.
Posted at 20/1/2024 21:54 by kreature
Selling causing the share price to rise ? Generally speaking, isn’t the maker free to move the share price wherever he or she wants to in order to gain by wrong footting as many traders as possible? Or as directed by a broker to say distribute cheap shares at an artificially high price (inadvertently of course) ?
Posted at 20/1/2024 20:36 by jenie
What's currently underpinning Metro share price?

Been observing the daily trades of Metro bank over recent weeks since the fund rise and I'm finding it difficult to understand that when on days when sells outnumbered buys by 2 -1 or higher like last Friday the share price actually rises. Grateful if someone can explain what's happening and when this relentless selling will come to an end and what is likely to happen then to the share price ? Appreciate constructive replies.
Posted at 26/11/2023 12:51 by paul planet earth1
Shorters place bets, but at the end of the day, it is what it is just a bet and plenty 'spectacularly' fail by not seeing the bigger picture in what the key players strategies are!

The Bank of England won't want the adverse bad publicity that through in its own decisions failed a major bank and directly caused a bank run as a result of the Bank of Englands own actions triggering another tax payer funded bail out..Politically with a General Election looming next year it would look terrible!

Gilinksi's as ever ambitious with the Metro Bank management team keen to grow the bank both organically but more importantly through bank acquistions. Note that he already owns 15% so was a major share holder to start with.

Institutional investors realising the alternative is far worse and will see that long term this is the best option. 673m at 30p represents a market cap of just £200m leaving plenty of head room for the share price to eventually recover for a bank with over £20 billion of assets under management!

Retail investors seeing that although it looks painfull a stronger more robust Metro Bank will emerge and embark on the acquistions trail is a far better long term bet with the bank remaining listed and the share price likely to recover over the coming months..

Metro Bank is operationally profitable, growing, and expanding that will be the key message the Board will communicate and having Gilinski support will see the turn around strategy blossoming in the New Year.
Metro Bank share price data is direct from the London Stock Exchange

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