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MTRO Metro Bank Holdings Plc

34.90
-0.25 (-0.71%)
Last Updated: 11:58:22
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 -0.71% 34.90 388,026 11:58:22
Bid Price Offer Price High Price Low Price Open Price
34.90 35.25 35.20 34.85 35.20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
12:00:19 O 22,000 35.055 GBX

Metro Bank (MTRO) Latest News

Metro Bank (MTRO) Discussions and Chat

Metro Bank Forums and Chat

Date Time Title Posts
27/2/202410:29METROBANK Flea-bitten dog931
27/2/202409:49METRO BANK - Moderated 24,875
07/2/202412:43Metro Bank90,704
07/10/202311:18METRO 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
12:00:1935.0622,0007,712.10O
11:58:2735.23564198.71O
11:51:2635.011,775621.34O
11:42:2034.902,332813.87AT
11:42:2034.904,3891,531.76AT

Metro Bank (MTRO) Top Chat Posts

Top Posts
Posted at 22/2/2024 09:34 by paul planet earth1
Sheedy how's your 0.60p average share price looking on SYME now worth just 0.0032p?
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 16/1/2024 10:57 by vlad the impaler
Great to see Mtro bank in the green today. Unfortunately the global market is exposing the share price as the gaming it really is

"-50% open coming'
Posted at 27/11/2023 17:02 by bones699
90% in favour with current share price already reflecting dilution..I expect the share price to rally back above 100p!
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.
Posted at 26/11/2023 12:29 by paul planet earth1
Agree Bones699 that's also my view Gilinksi if he wanted to have taken Metro Bank private he would have done sooner. His strategy is to grow Metro Bank by acquistion while keeping the bank listed on the main exchange allowing the share price to recover..

Like you I expect the first acquistion next year although Q1 appears too optimistic more like mid year with the share price slowly recovering to around 80p by June..

Gilinksi's involvement will come to be seen in time as a positive move in the long run giving the banks mgt team motivation to grow the bank both organically but also by acquistion. A stronger larger bank sector player in a highly competive market ripe for consolidation.

Equally I see no value in the Bank of Engkand putting Metro Bank into resolution. A self defeating proposal given the banks proclaimed policy to encourage competition, improve customer services while lowering bank costs through providing healthy competition to shake up the big 4 bank stalwarts who dominate the bank sector and have no interest in providing better customer services and lowering costs for both customers and business..

Likewise with a General Election next year it wouldn't be a good sign for a Conservative government on the one hand spurring competition and voters needs for better bank services while on the other supporting the big four bank monopoly and staus quo..
Posted at 08/11/2023 07:11 by paul planet earth1
A very interesting take on likely things to come from the LSE BB.

TwoGood2Die

Posts: 803

Price: 43.00

No Opinion

RE: Buy

Today 06:48

"It's a private placement at 30p with Gilinksi and ii's no retail involvement which makes sense otherwise the share price would tank."

"Now whether Gilinksi holding 52% decides to offload his 360m shares onto retail to recover his £102m if the share price recovers remains to be seen."

"Keeping Metro Bank listed rather than going private makes perfect senses gives him more flexibility to profit if and when the share price rises and why take all the risk by taking the bank private as well as being very costly and time consuming re-listing in future and harder to find a buyer than a listed firm where the share price and hence value is easier to gauge."

"He could of course do the dirty on retail investors wait 12 months and buy the remaining shares at the 12 mth highest price say 40p..."

"That's always a risk but personally I believe he wants to grow Metro Bank to consolidate the UK mid sized retail bank sector through acquistions then sell Metro Bank to a bigger rival in future. He's very ambitious and has done the exact same thing in the past, so he has form so to speak."

"At 674m shares 100p share price market cap £674m that's less than what Shawbrook offered to buy the Co-operative Bank at the c.£1 billion mark...where the Co-operative Bank is a similar size as Metro Bank..revenues £400m but far more profitable c£75m+ and its has an extensive branch network."

"The funding of acquisitions is likely to come from the £3 billion mortgage book sale...His daughter is on Metro's Board so no doubt the Gilinksi's realise that organic growth in the bank sector is unrealistic but the market is ripe for consolidation that's his business strategy."

"As a consequence keeping Metro Bank as a listed business makes perfect sense..His average share price holding is c. 40p despite holding 52% of share capital where 500m was issued at 30p."

"Will the ii's sell up holding 160m extra shares at 30p...I'm thinking they will hold and ride it out thinking the same as me a return of the share price north of 100p in the coming months."
Metro Bank share price data is direct from the London Stock Exchange

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