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Metro Bank Holdings PLC
Previous close
$1.01
Year range
$0.36 - $1.43
Market cap
584.15M GBP
Avg Volume
556.00
P/E ratio
-
Dividend yield
-
Primary exchange
LON
In the news
Financials
Income Statement
Revenue
Net income
(GBP) | Dec 2024info | Y/Y change |
---|---|---|
Revenue | 84.15M | -50.59% |
Operating expense | 153.85M | 2.33% |
Net income | 37.80M | 350.00% |
Net profit margin | 44.92 | 811.16% |
Earnings per share | — | — |
EBITDA | — | — |
Effective tax rate | 142.33% | — |
Balance Sheet
Total assets
Total liabilities
(GBP) | Dec 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 2.83B | -28.01% |
Total assets | 17.58B | -20.96% |
Total liabilities | 16.40B | -22.32% |
Total equity | 1.18B | — |
Shares outstanding | 672.70M | — |
Price to book | 0.57 | — |
Return on assets | 0.86% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(GBP) | Dec 2024info | Y/Y change |
---|---|---|
Net income | 37.80M | 350.00% |
Cash from operations | -726.50M | -425.78% |
Cash from investing | 72.50M | -66.59% |
Cash from financing | -6.00M | -103.96% |
Net change in cash | -660.00M | -211.58% |
Free cash flow | — | — |
About
Metro Bank PLC is a retail and commercial bank operating in the United Kingdom, founded by Anthony Thomson and Vernon Hill in 2010. At its launch it was the first new high street bank to launch in the United Kingdom in over 150 years. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
After a period of rapid growth, Metro Bank hit difficulties in early 2019 when it announced it had insufficient capital to meet regulatory requirements, following the discovery of an error in the way it categorised its commercial loans for capital adequacy purposes. As a result, it had to raise an additional £350m of capital. Concerns over the announcement and the bank's ability to raise the capital resulted in the bank's share price falling by 75% in less than four months, and large depositors withdrawing cash, because of "adverse sentiment". Wikipedia
CEO
Founded
Jul 29, 2010
Website
Employees
4,286