Share Name Share Symbol Market Type Share ISIN Share Description
Metro Bank Plc LSE:MTRO London Ordinary Share GB00BZ6STL67 ORD 0.0001P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 197.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
198.50 199.80 0.00 0.00 0.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Banks 444.40 40.60 29.10 6.8 340
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.00 GBX

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Date Time Title Posts
16/12/201906:58Metro Bank24,431
15/12/201919:40METRO BANK - Moderated 3,472
04/12/201910:58METROBANK Flea-bitten dog91
02/12/201913:20METRO new moderated thread43
22/10/201919:22MTRO Podcast ahead of Q3 Results Tomorrow...-

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DateSubject
15/12/2019
08:20
Metro Bank Daily Update: Metro Bank Plc is listed in the Banks sector of the London Stock Exchange with ticker MTRO. The last closing price for Metro Bank was 197p.
Metro Bank Plc has a 4 week average price of 175p and a 12 week average price of 155.20p.
The 1 year high share price is 2,216p while the 1 year low share price is currently 155.20p.
There are currently 172,420,458 shares in issue and the average daily traded volume is 1,829,496 shares. The market capitalisation of Metro Bank Plc is £339,668,302.26.
15/12/2019
22:52
sentimentrules: Metro Bank (MTRO) Risk Checks Fail Is their share price liquid and stable? Highly volatile share price over past 3 months Section 2.1 Fail Have profit margins improved over the past year? Profit margins (3.1%) are lower than last year (6.7%) Section 5.1 Fail Have shareholders been diluted over the past year? Shareholders have been diluted in the past year Fail High bond debt yield. . Fail ..... On standard risk analysis, the only passes they get are based on own projections. .all facts are a fail
09/12/2019
21:24
sentimentrules: "His stake declaration explains the weird share price action and RNS issued by MTRO last week. He has shown his hand. Perhaps he has put in a £3-3.50 bid for MTRO and the directors have rejected out of hand. Is he going hostile?" ...... The problem he has is liquidity in this stock if he tries to buy and look hostile. Every jack will be chasing it above 200p. He needs to offer whilst share price sub 200p Or buy a much bigger chunk 180-200p
12/11/2019
10:03
cantrememberthis2: The share price behaviour for any new investor should combine it with the bigger picture: * 10.2% of Metro Bank shares have been borrowed to bet the share price down and KEEP it down * Bond Price has been rising post MREL success from 66p to 82p (Institutional Money IMO) * Active Hedge Fund & Retail Short Sellers posting on LSE and ADVFN board - No VESTED Interest in the stock (buying) * No Director Buying since late October post Q3 Results * Credible Articles in Evening Standard of potential bidders LLOYDS/Virgin Money, I say credible as their Editor is George Osborne (Ex Chancellor) and knows his financial world 'stuff' * Share Price is clearly being CAPPED and HELD BACK, any sustained rise above 220p (4x plus occasions) gets knocked * Share Price is 20% of Book Value of 700-1000p * Very high CET1 Cap Ratio * FCA investigation could end up like Co-Op fine - FAR MORE SUPPORTIVE and LENIENT IMO (ft article) Big Players eyeing this with nearly 2m customers ;) GLA - I'm in for the eventual news of something positively big
05/11/2019
10:24
cantrememberthis2: MTRO 400-600p 05 Nov 2019 10:16 Momentum is key on all fronts. No Further RNS from major players adding nor Director Buys. Evening Standard 2x reports seems to have set the hares running... Bond Price 80p = 385p last time share price was met at this level 250p share price = Long way to go, as there are a lot of shorters above and below 0.50% radar. Some Retail Shorters hurting IMO.
05/11/2019
07:52
cantrememberthis2: Share Price vs Bond Price Today 07:44 There is dislocation between the 2028 Metro Bank Bond Price vs. Todays Share Price. The Bond Price hit 80p yesterday, the last time it was here was in July day of H1 Results. Share Price was 385p End of H1 Results Day approx. So we are alot lower... Think the Bidders / Third Parties are VERY GRATEFUL and THANKFUL to hedge funds and Retail Short Sellers (you know who you idiots are) for keeping a lid on the share price. This makes a 400-600p seem AMAZING and VALUE FOR MONEY. All Engineered. Virgin in the Mix with Lloyds now. Jim was concerned about the lack of other parties - now we have more than 1!!!! GAMES - WOW 241p to 213p yesterday - mugged : TOO RIGHT!
28/10/2019
08:00
leoneobull: Far from being disastrous, last Wednesday's Q3 results weren't great but far from awful. READ MORE - METRO BANK (MTRO) Q3 2019 RESULTS BEATS ANALYST EXPECTATIONS DESPITE GLOOM ABOUT THE BANK?Vernon Hill, the Chaiman, has left the bank early. Now is it to formulate a strategy to take the bank private or see it taken over or it is to cultivate a tan in the Bahamas? The Book Value of MTRO is around £10, tangible book value of £8 versus £2 share price. The Bank of England have screwed challenger banks with capital requirements as a result of MREL but MTRO now has tier 1 capital ratio of 16% so it is well capitalised and customers, deposits and loans are increasing. Clearly there is a value gap and even if MTRO isn't taken over, it can do plenty to fix itself from these bombed out levels (it has come down from £40 in 2018). Announcement of a decent new chairman, continued customer growth (as bad news stories start to disappear), changes to MREL requirements if UK actually does Brexit, reduced Brexit uncertainty if a deal is done, control of operational expenditure and costs, further reduction in loan book.It was confirmed on last week's conference call that there would be no more equity raises.The Financial Conduct Authority first began investigating Metro Bank in February 2019, a month after the bank revealed that it had miscategorised the risk-weightings for several of its loans. The mistake meant it did not have enough capital to protect against potential losses.In August, the FCA said it had extended its investigation to include "certain senior members of management", and to cover the period from 1 June 2017 until February 26 this year, when it reported its full-year results and announced plans for the share issue.Metro is separately being investigated by the Bank of England's Prudential Regulation Authority. The prospectus provided further details on the areas under investigation by the two regulators.If the PRA and FCA investigations are not as bad as feared e.g. censure of management, fines etc. then this will be positive. At the moment, market expectations are for terrible news.Metro isn't going bust and at £2 the risk/reward looks very good from the Contrarian Investor point of view. The shorts should continue to reduce
16/10/2019
05:57
leoneobull: WOW - hxxps://contrarianinvestor.net/posts/2019/10/15/contrarian-investor-portfolio-review-october-16th-2019 Metro Bank (MTRO) Average purchase price 210p Current share price 204p Even with the Brexit banking bounce Metro Bank hasn’t benefitted, compare with Lloyds bank for example. At 204p, the bank looks very undervalued, even with all the bad news over the last few months. The bank won’t go bust after a succesful bond issue (albeit at 9.5% coupon) and it looks very cheap versus book value. It has come down from 3000p in 2018 and the last placing in May was at 500p. Vernon HIll has been forced to leave to get the MREL related bond issue away and there are rumours that he is trying to take MTRO private. Hedge funds are shorting but upside on any good news looks strong. See full SWOT analysis on Metro Bank at hxxps://contrarianinvestor.net/posts/2019/10/9/swot-analysis-for-metro-bank-good-punt-or-too-risky It has been a challenging year for Metro Bank, with the lender facing intense speculation over the health of its balance sheet earlier this year due to a £900 million accounting error. However, concerns have been redcued after the bank successfully raised £375 million via a share placing in mid-May which was over subscribed. In September MTRO raised $350 million in a bond issue. The bank is likely looking to put the first half of 2019 far behind it and instead focus on delivering costs efficiencies and continued growth in capital-light fee income. The bank is also busily expanding its presence in the North of England in the hopes of empowering growth for SMEs in cities like Manchester, Liverpool and Birmingham. Metro Bank plans to open around 10 new branches in 2019. Highly capitalised - after ¢350 million bonds fundraise in September and $375 million equity raise in May to meet MREL (Minimum Requirement for Own Funds and Eligible Liabilities) requirements, oversubscribed. See more on MREL, SRB, and BRRD in link: Is the Bank of England behind the Metro Bank Chaos? Deposits of £13,7 billion, net outflows of £2 billion in H1 2019 caused by bad publicity (buy July has seen £700 million in net in-flows) Year on year loan growth of £3 billion to £15 billion Number one bank in UK for quality of service according to latest Competition and Market Authorities Survey. Watchdog BBC calls them the No.1 UK bank for customer service. Customer account growth of 190,000 to over 1.8 million, though rate of growth down from 201,000 in H1 2018. Net book value over £10 per share, compared with £2.10 share price Full banking licence in the UK Increasing number of UK branches Good initiatives with Fin Tech companies to improve service and customer analytics. The shares have lost more than 85% of their value since the beginning of January, with the Metro Bank’s share price closing at 204p on Tuesday’s session, down from the £17 levels it saw at the start of the year. The management says 2019 is a ‘year of transition’, with the lender focused on upgrading its cost savings guidance to the upper end of its original range and rebalancing its lending mix. Q3 earnings are key on October 23rd and watch this space for a replacement for Vernon hill.
10/10/2019
14:12
liberace pickles: Where the combined value of the above share price before actual assimilation remains greater than the combined value of the share prices after assimilation, the former level of share price will be protected. These protection arrangements apply to the combined share prices before and after assimilation, not to individual share price components, excepting the provision relating to retention of existing shorting arrangements. So 220p.
05/10/2019
07:02
chinese investor: An exceptionally volatile day yesterday, October 4 2019, as the price for MTRO shares dropped at the open to 181p. Following a volatile morning, the shares began to rise after 2pm on news that Boris Johnson, through the Scottish Parliament prorogation of parliament legal action, has notified the court that he will seek an extension of the Brexit deadline of October 31st if a deal with the EU has not been agreed by October 19. As a hard Brexit is expected to have a large effect on sentiment and the banking sector in the UK, this was good news for MTRO as a deal now looks more likely and the risk of a hard exit appears to be dissipating. The shares then rose sharply in the last couple of hours of trading, finally moving into positive territory by 4pm and closing at 202p, compared with 193p, the day before. up over 4.4% and nearly 10% versus the morning lows. The reason appears to be hopes that Vernon Hill, Chairman, may be making plans to take the bank private as reported in the Telegraph. At 202p, market cap is £348 million, almost the same as the £350 million raised in the bond offer this week. At these levels, the market is pricing MTRO purely at this cash levels and ignores it substantial assets. As far as I can see from the bond prospectus, as long as there is not a disorderly Brexit, the bank looks well placed with very strong customer satisfaction levels. Something that could be appealing for someone wanting to buy a challenger bank. I have been buying MTRO, with a 190p average, and look forward to news flow ahead. The departure of Vernon Hill this year means any news on the replacement interesting. MTRO is bombed out, but maybe too much so. It doesn’t appear to be going bust as the new money means the bank comfortably meets its capital requirements for MREL (minimum requirement for own funds and eligible liabilities). This is a volatile share, but the fundamentals look good enough at these share price levels to make a substantial speculative buy for my portfolio. Please DYOR. Given the IPO was at £20, placing in 2018 at £34 and 2018 at £5 in May 2019, a private buy out would need to be a lot more than £2 for existing investors to go for it, should the rumours be accurate. Q3 2019 results are due October 23rd. Vernon Hill replacement in next few weeks?
05/10/2019
06:10
leoneobull: Metro Bank Share price action October 4th An exceptionally volatile day yesterday, October 4 2019, as the price for MTRO shares dropped at the open to 181p. Following a volatile morning, the shares began to rise after 2pm on news that Boris Johnson, through the Scottish Parliament prorogation of parliament legal action, has notified the court that he will seek an extension of the Brexit deadline of October 31st if a deal with the EU has not been agreed by October 19. As a hard Brexit is expected to have a large effect on sentiment and the banking sector in the UK, this was good news for MTRO as a deal now looks more likely and the risk of a hard exit appears to be dissipating.The shares then rose sharply in the last couple of hours of trading, finally moving into positive territory by 4pm and closing at 202p, compared with 193p, the day before. up over 4.4% and nearly 10% versus the morning lows. The reason appears to be hopes that Vernon Hill, Chairman, may be making plans to take the bank private as reported in the Telegraph. see further reading below. At 202p, market cap is £348 million, almost the same as the £350 million raised in the bond offer this week. At these levels, the market is pricing MTRO purely at this cash levels and ignores it substantial assets. As far as I can see from the bond prospectus, as long as there is not a disorderly Brexit, the bank looks well placed with very strong customer satisfaction levels. Something that could be appealing for someone wanting to buy a challenger bank. I have been buying MTRO, with a 190p average, and look forward to news flow ahead. The departure of Vernon Hill this year means any news on the replacement interesting. MTRO is bombed out, but maybe too much so. It doesn't appear to be going bust as the new money means the bank comfortably meets its capital requirements for MREL (minimum requirement for own funds and eligible liabilities). This is a volatile share, but the fundamentals look good enough at these share price levels to make a substantial speculative buy for my portfolio. Please DYOR.Given the IPO was at £20, placing in 2018 at £34 and 2018 at £5 in May 2019, a private buy out would need to be a lot more than £2 for existing investors to go for it, should the rumours be accurate.Q3 2019 results are due October 23rd. Vernon Hill replacement in next few weeks?
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P: V: D:20191216 07:17:53