By Frank Prenesti
Date: Wednesday 06 Aug 2025
LONDON (ShareCast) - (Sharecast News) - Metro Bank more than trebled first half profits as its pivot towards commercial lending paid off.
The bank reported an underlying pre-tax profit of £45.1m in the six months to June, compared with £12.8m a year ago.
Metro has shifted its focus from retail banking towards specialist lending to small and medium-sized firms.
Net interest margin - the difference between what a bank charges on loans and pays out on savings - rose to 2.87% from 1.64% in 2024.
Reporting by Frank Prenesti for Sharecast.com
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Currency | UK Pounds |
Share Price | 118.00p |
Change Today | -9.80p |
% Change | -7.67 % |
52 Week High | 133.60p |
52 Week Low | 61.00p |
Volume | 1,831,959 |
Shares Issued | 673.23m |
Market Cap | £794.42m |
RiskGrade | 336 |
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No dividends found |
Time | Volume / Share Price |
15:29 | 8 @ 120.00p |
15:15 | 51 @ 117.60p |
16:35 | 221,806 @ 118.00p |
16:35 | 885 @ 118.00p |
16:35 | 1,095 @ 118.00p |
CEO | Daniel Frumkin |
Chair | Robert Sharpe |
CFO | Marc Page |
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