Metro Bank Share Discussion Threads

[rumobejo] 24/10/2019 08:24

all hail MidasX, all hail voxi

many are so blindfolded when reading results factual numbers, try again...

1. Underlying loss before tax(1) of GBP2.2 million in Q3 2019 (Q2 2019: GBP6.7 million profit)

2. Metro Bank is further evaluating its future plans to balance growth, profitability and capital efficiency (aka placing regardless whatever porkies they told in conf call)

3. Underlying earnings per share - basic 6.3p down from 32.6p (-81%) ffs

4. September saw net deposit outflows of GBP213 million

5. Commercial customers (excluding SMEs(3) ) GBP 2,829 down from GBP5,194 (-46%) ffs

6. Deposits from commercial customers GBP 5,990 down from GBP8,045 (-26%)

7. Operating costs 20% up to (298.5m) from (249.6m)

8. Statutory (loss)/profit after tax (3.6m) loss from 25.1m profit

9. Cash outflow at 9.5% on the £350m bond issue for yet 6 years to come

10. FCA fine for accounting probe near 1 billion £

[icejelly] 24/10/2019 08:24

And another 180,000 buy

[fxprotrader] 24/10/2019 08:24

250k was a sale you moron

[hazl] 24/10/2019 08:21

Good morning chinese inv!

[pre] 24/10/2019 08:21

250k buy just gone through...£0.5 million:-)

[hazl] 24/10/2019 08:20

RADIO 4 ....THIS MORNING Cantremberthis?

[bigsi2] 24/10/2019 08:19

Waiting for director buys now closed period ending - surely

[midasx] 24/10/2019 08:18

Financial performance for the quarter ended 30 September 2019
Deposits
 Strong customer account growth of 106,000 in Q3 2019 (Q2 2019: 93,000)
bringing the total to 1.9 million, including continued growth in personal current
accounts and business current accounts.
 Deposit growth of £528 million in Q3 2019 supported by the conscious decision
to elevate the price of fixed term retail deposits during Q3. September saw net
deposit outflows of £213 million following the postponed senior non-preferred debt
issuance, but we are returning to business as usual.
 Cost of deposits was 84 bps in Q3 2019 (Q2 2019: 71 bps) and 75 bps in the
first nine months of 2019. Following the deposit pricing actions taken in Q2 and
Q3 2019, cost of deposits normalised to business as usual levels as the quarter
progressed and is expected to be marginally above current base rate of 75 bps for
full year 2019

[rumobejo] 24/10/2019 08:17

1. Underlying loss before tax(1) of GBP2.2 million in Q3 2019 (Q2 2019: GBP6.7 million profit)

2. Metro Bank is further evaluating its future plans to balance growth, profitability and capital efficiency (aka placing regardless whatever porkies they told in conf call)

3. Underlying earnings per share - basic 6.3p down from 32.6p (-81%) ffs

4. September saw net deposit outflows of GBP213 million

5. Commercial customers (excluding SMEs(3) ) GBP 2,829 down from GBP5,194 (-46%) ffs

6. Deposits from commercial customers GBP 5,990 down from GBP8,045 (-26%)

7. Operating costs 20% up to (298.5m) from (249.6m)

8. Statutory (loss)/profit after tax (3.6m) loss from 25.1m profit

9. Cash outflow at 9.5% on the £350m bond issue for yet 6 years to come

10. FCA fine for accounting probe near 1 billion £

[pre] 24/10/2019 08:17

a whopping 250,000 buy just gone through....first of many to come imo.

[rumobejo] 24/10/2019 08:15

message from x chair pleading guilty

[ammu12] 24/10/2019 08:12

As expected spike and then drop

[pre] 24/10/2019 08:11

TR1 on the way or directors buying today...which will it be first? All the negative posts scaremongering...the results speak for themselves...short squeeze on the way imo:-)

[1oughton] 24/10/2019 08:11

Thought u off till 1030Benefits office closed is it u low life

[rumobejo] 24/10/2019 08:10

1. Underlying loss before tax(1) of GBP2.2 million in Q3 2019 (Q2 2019: GBP6.7 million profit)

2. Metro Bank is further evaluating its future plans to balance growth, profitability and capital efficiency (aka placing regardless whatever porkies they told in conf call)

3. Underlying earnings per share - basic 6.3p down from 32.6p (-81%) ffs

4. September saw net deposit outflows of GBP213 million

5. Commercial customers (excluding SMEs(3) ) GBP 2,829 down from GBP5,194 (-46%) ffs

6. Deposits from commercial customers GBP 5,990 down from GBP8,045 (-26%)

7. Operating costs 20% up to (298.5m) from (249.6m)

8. Statutory (loss)/profit after tax (3.6m) loss from 25.1m profit

9. Cash outflow at 9.5% on the £350m bond issue for yet 6 years to come


ffs are you reading the same results?!!!!

"all hail voxi, all hail voxi"

99p

[sentimentrules] 24/10/2019 08:04

Dead duck. Pathetic open..

Shorters. .prepare for glory

[chinese investor] 24/10/2019 08:02

Good Morning !

[leoneobull] 24/10/2019 07:58

US investors Ammu 600p

[cool runnings] 24/10/2019 07:58

It's not open to 8 am you loon..... pre market call from Macquarie is down 5% that's all.

[cantrememberthis2] 24/10/2019 07:54

6am BBC radio 4 Metro Bank regarding Takeover consideration one to watch!

[cantrememberthis2] 24/10/2019 07:53

6am BBC radio 4 Metro Bank regarding Takeover consideration one to watch!

[midasx] 24/10/2019 07:53

Announcement after close as planned and same as last time!

[icejelly] 24/10/2019 07:50

And what's the difference between after hours and 7 am. Both out of business hours.