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| 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
|
|
|---|---|---|---|---|---|
| 0.70 | 1.03% | 68.50 | 587,785 | 16:29:59 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 68.00 | 68.50 | 69.00 | 66.30 | 69.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:49 | AT | 3,897 | 68.50 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 11/10/2024 | 15:00 | EQS | Board Update |
| 01/10/2024 | 15:01 | EQS | Total Voting Rights |
| 30/9/2024 | 16:30 | EQS | Metro Bank Completes Sale of £2.5 billion Residential Mortgage Portfolio to.. |
| 06/9/2024 | 15:01 | EQS | Holding(s) in Company |
| 02/9/2024 | 15:00 | EQS | Total Voting Rights |
| 15/8/2024 | 15:59 | EQS | Board Appointment Update |
| 01/8/2024 | 15:00 | EQS | Total Voting Rights |
| 31/7/2024 | 12:02 | ALNC |  Shares in Metro Bank soar as expects to return to profit this year |
| 31/7/2024 | 07:00 | EQS | Metro Bank Holdings PLC: Interim results for half year ended 30 June 2024 |
| 26/7/2024 | 09:19 | ALNC | TOP NEWS: Upbeat NatWest raises guidance and bolsters UK mortgage book |
Metro Bank (MTRO) Share Charts1 Year Metro Bank Chart |
|
1 Month Metro Bank Chart |
Intraday Metro Bank Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 02/10/2024 | 09:36 | METRO BANK - Moderated | 26,334 |
| 04/8/2024 | 13:22 | Metro Bank | 91,138 |
| 12/3/2024 | 11:53 | METROBANK Flea-bitten dog | 991 |
| 07/10/2023 | 12:18 | METRO new moderated thread | 335 |
| 23/2/2022 | 06:41 | SentimentalRules AKA idoflykathy | 59 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-10-15 15:35:49 | 68.50 | 3,897 | 2,669.45 | AT |
| 2024-10-15 15:35:23 | 68.50 | 70,659 | 48,401.42 | UT |
| 2024-10-15 15:29:51 | 68.28 | 5,000 | 3,413.98 | O |
| 2024-10-15 15:28:04 | 68.50 | 668 | 457.58 | AT |
| 2024-10-15 15:24:02 | 68.50 | 590 | 404.15 | AT |
| Top Posts |
|---|
Posted at 02/10/2024 08:55 by hazl Well done MTRO.Good start. |
Posted at 03/9/2024 11:56 by hazl It is strong enough on it's own merits Aborfieldinvestor, in my opinion.But rumours like that don't do the share price any harm. However a takeover too cheap would be annoying of course. |
Posted at 07/8/2024 07:56 by amelia airhead From what I can see, Cauis were all out on the 31st July.Just to confirm, Cauis were the holders of Metro T2 debt who led the shorting of the stock in Sep/Oct which enabled Galinski to dilute us all out at 33p. They sold down most, but not all in Nov. Decided to sell out of the last of their position on the 31st July despite shocking half year results. But strangely there was an inexplicable uplift in the share price. There is no point talking fundamentals for this one. People quoting P/E ratios on a loss making stock and TBV of £1.37 (a quarter of what it was in September) clearly don't understand fundamentals. But that doesn't really matter with this one. Its a closely held stock and one for those with the inside track, but you need to be careful. This bank is running very light on capital, and there will come a time when it is much harder to push the share price uphill. |
Posted at 01/8/2024 16:08 by pre Filtering is the best option - agree with Babbler, II's will be wanting to be firmly back in here, underlying asset value way above the current share price, returning to profitability in a few weeks from now, shorts caught and now reducing rapidly, longs strenthening their hold here, great set up for strong recovery now. |
Posted at 01/8/2024 12:29 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 03:07 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 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 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 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. |
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