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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: UDG Healthcare climbs, PZ Cussons washed away

Tue, 29th Jan 2019 14:47

(Sharecast News) - London's FTSE 250 was down 1.02% at 18,723.48 in afternoon trade on Tuesday, with PZ Cussons and Royal Mail leading the way down. Imperial Leather brand owner PZ Cussons tanked after saying that adjusted pre-tax profit for the year will be towards £70m, down from £80.1m the year before, as a "weak consumer environment" in Africa more than offset "good" trading in both Europe and Asia.Broker Shore Capital Markets said: "Looking into the remainder of FY2019, visibility remains modest given political uncertainty in Nigeria and Indonesia (both have upcoming general elections). In particular Nigeria remains challenging, with port disruption remaining a significant issue."Royal Mail tumbled to a record low as it warned "business uncertainty" is hitting letter volumes and said parcels volumes would take a hit as it defended profit margins. Management now expects to deliver adjusted group operating profit before transformation costs of £500-530m, from the £500-550m previously indicated.Domino's Pizza was looking a bit stale after it said full-year underlying pre-tax profit was expected to be at the lower end of the consensus range of £93.9m to £98.2m.Having taken rather a tumble last week, Metro Bank slipped again after Goldman Sachs slashed its target price from 2,800p to 1,700p.Top of the mid-caps was UDG Healthcare, the industry service provider, which said that its first-quarter pretax profit was "well ahead" year on year, driven by acquisitions and growth across its businesses.Housebuilder Crest Nicholson followed closely behind despite posting a 15% drop in full-year profit amid Brexit uncertainty as it also highlighted strong forward sales and lower costs.Specialist asset manager Intermediate Capital Group rallied after it posted a 5% rise in assets under management for the third quarter amid steady demand.Automotive fluid technology specialist TI Fluid Systems continued to advance after having asserted confidence in its ability "to outperform global light vehicle production volume growth on a constant currency basis", while iron miner Ferrexpo also continued its rise as iron prices increased following the Vale mine tragedy in Brazil.Market MoversFTSE 250 (MCX) 18,723.48 1.02%FTSE 250 - RisersUDG Healthcare (UDG) 601.00p 7.61%Crest Nicholson Holdings (CRST) 362.52p 6.12%Vivo Energy (VVO) 133.00p 5.98%Intermediate Capital Group (ICP) 1,029.00p 5.92%TI Fluid Systems (TIFS) 179.60p 5.83%Kaz Minerals (KAZ) 588.40p 4.88%Hochschild Mining (HOC) 175.75p 4.61%Ferrexpo (FXPO) 217.70p 4.06%Indivior (INDV) 115.45p 3.96%Games Workshop Group (GAW) 3,020.00p 3.60%FTSE 250 - FallersPZ Cussons (PZC) 183.20p -12.60%Royal Mail (RMG) 266.60p -11.34%Domino's Pizza Group (DOM) 255.50p -6.72%Metro Bank (MTRO) 1,352.00p -6.05%Edinburgh Dragon Trust (EFM) 358.67p -3.06%Wizz Air Holdings (WIZZ) 3,053.00p -2.05%TBC Bank Group (TBCG) 1,454.00p -1.76%Stobart Group Ltd. (STOB) 157.20p -1.26%Mediclinic International (MDC) 303.10p -1.01%Funding Circle Holdings (FCH) 326.75p -0.98%
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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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