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Pin to quick picksMetro Bank Share News (MTRO)

Share Price Information for Metro Bank (MTRO)

London Stock Exchange
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Share Price: 34.50
Bid: 34.15
Ask: 34.20
Change: 0.00 (0.00%)
Spread: 0.05 (0.146%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 34.50
MTRO Live PriceLast checked at -

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FTSE 250 movers: Royal Mail rises, Senior slips

Thu, 27th Jun 2019 15:10

(Sharecast News) - London's FTSE 250 climbed 0.12% higher to 19,284.44 in afternoon trade on Thursday, with shares of Royal Mail leading the way higher.Stock in Greene King fizzed higher as the pub operator's full-year profits came in ahead of expectations, although revenue was a small miss and the current year has started slowly amid poor weather.Richard Hunter, head of markets at Interactive Investor, said: "Greene King is clearly being well-managed, with an aspirational strategy to be Britain's best beer and pub company underpinned by careful financial management. The 14% hike in the share price over the last six months is a sign of progress, although over the last year the shares have given up 12%, as compared to a drop of 8% for the wider FTSE250 index."Outsourcer Serco followed close behind after reporting that 2019 revenue is expected to be at the top end of its guidance range, thanks in part to strong order intake.Metro Bank climbed after Investec raised the stock to 'buy', while B&M European Value Retail made gains after analysts at JPMorgan raised their recommendation for the stock from 'neutral' to 'overweight'.At the other end of the index, Senior was the standout loser after a downgrade to 'equalweight' at Barlcays, with analysts stating that the aerospace engineer has the highest exposure to a "widespread supplier reset" that is set to be the grounding of Boeing's 737 Max jet."We also see continued industrial end-market weakness into 2020 from the China/US trade war, tariffs and supplier cost uncertainty," said the note from Barclays.Oilfield services provider Petrofac slipped as analysts at Berenberg lowered earnings per share estimates for the next three years, cutting the 2021 and 2022 financial years by 6.0% and 13.2% respectively.Finally, Syncona dropped lower after it agreed to sell its portfolio company Blue Earth Diagnostics to Bracco Imaging for $450m.Market MoversFTSE 250 (MCX) 19,284.44 0.12%FTSE 250 - RisersRoyal Mail (RMG) 210.40p 5.04%Greene King (GNK) 608.60p 4.93%Serco Group (SRP) 142.20p 4.71%Metro Bank (MTRO) 517.00p 4.15%Stagecoach Group (SGC) 126.00p 4.13%Vivo Energy (VVO) 132.40p 3.44%B&M European Value Retail S.A. (DI) (BME) 329.00p 3.36%Sirius Minerals (SXX) 14.50p 3.20%National Express Group (NEX) 402.80p 2.81%Capita (CPI) 103.35p 2.78%FTSE 250 - FallersSenior (SNR) 210.67p -8.72%Plus500 Ltd (DI) (PLUS) 529.80p -7.51%Dunelm Group (DNLM) 921.50p -3.81%Petrofac Ltd. (PFC) 448.73p -3.54%Synthomer (SYNT) 363.60p -3.19%Syncona Limited NPV (SYNC) 216.50p -2.91%Future (FUTR) 940.00p -2.79%Drax Group (DRX) 263.00p -2.08%Provident Financial (PFG) 409.75p -2.07%Acacia Mining (ACA) 175.70p -2.06%
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24 Jan 2024 12:33

Billionaire banker Jaime Gilinski Bacal joins Metro Bank's board

(Sharecast News) - Metro Bank has appointed Colombian billionaire banker and real estate developer Jaime Gilinski Bacal to its board after his firm became a controlling shareholder in the bank last year.

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12 Jan 2024 08:27

IN BRIEF: Metro Bank CFO to leave firm after just over one year

Metro Bank Holdings PLC - London-based lender - Chief Financial Officer James Hopkinson agrees to step down as executive director, effective immediately. He will leave during the first quarter after a handover period. Board appoints Cristina Alba Ochoa as interim CFO, effective from Monday. Company has commenced search for permanent successor.

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12 Jan 2024 07:39

Metro Bank CFO James Hopkinson to step down

(Sharecast News) - Metro Bank said on Friday that chief financial officer that James Hopkinson has agreed to step down with immediate effect.

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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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15 Dec 2023 21:48

IN BRIEF: Metro Bank to retain GBP3 billion mortgage loan book

Metro Bank Holdings PLC - London-based lender - Says it will retain its GBP3 billion residential mortgage portfolio, as it is "in the best interests of shareholders". More recently, Metro Bank in September of this year announced it had not received permission from regulators to change the way it calculated the capital requirements on its mortgage book. Metro Bank was demoted from the FTSE 250 index in September of 2019. It has not returned since. The company had listed in 2016.

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15 Dec 2023 18:12

Britain's Metro Bank decides not to sell mortgage book

LONDON, Dec 15 (Reuters) - Britain's Metro Bank said on Friday it had abandoned its planned sale of a 3 billion pound ($3.8 billion) mortgage portfolio, citing market conditions.

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30 Nov 2023 17:06

LONDON MARKET CLOSE: Stocks react mixed to cooling euro, US inflation

(Alliance News) - The FTSE 100 in London closed up on Thursday, but share prices were firmly down in the FTSE 250, while European equities were buoyed by cooling inflation in the eurozone.

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30 Nov 2023 15:16

London close: Stocks mixed after US, Europe inflation data

(Sharecast News) - London's markets finished with a mixed performance on Thursday, with the top-flight index lifted by the likes of BP and Shell.

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30 Nov 2023 10:46

SMALL-CAP WINNERS & LOSERS: Carclo warns of tricky trading conditions

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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30 Nov 2023 09:37

TOP NEWS: Metro Bank says 20% of workforce to go on cost-cutting drive

(Alliance News) - Metro Bank Holdings PLC on Thursday said it expects to cut a fifth of its workforce and the lender is reviewing its policy of keeping branches open seven days a week as it looks to "simplify its operations".

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30 Nov 2023 08:55

LONDON MARKET OPEN: Cooler CPI data brings ECB cut closer into view

(Alliance News) - London's FTSE 100 made a tepid start to the day on Thursday, though large-cap peers in Paris and Frankfurt rose, as another inflation reading from the euro area took some sting out of European Central Bank interest rate expectations.

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30 Nov 2023 07:52

Metro Bank to cut 20% of staff as it looks to save £50m a year

(Sharecast News) - Metro Bank said on Thursday that it plans to axe around 20% of its staff and is reviewing its policy of keeping branches open seven days a week as it looks to save around £50m a year.

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30 Nov 2023 07:42

LONDON BRIEFING: Dr Martens warns on US recovery; Metro Bank cuts jobs

(Alliance News) - The FTSE 100 is called to open higher, with focus on Thursday on inflation readings from the eurozone and US.

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27 Nov 2023 17:16

UPDATE: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 13:44

Barclays in talks to acquire mortgage portfolio from Metro Bank

(Sharecast News) - Banking giant Barclays has entered exclusive talks to acquire a large portfolio of residential mortgages from high street lender Metro Bank as it seeks approval for a wider refinancing aimed at saving it from collapse.

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