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Pin to quick picksMetro Bank Share News (MTRO)

Share Price Information for Metro Bank (MTRO)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 36.75
Bid: 36.45
Ask: 36.80
Change: 0.35 (0.96%)
Spread: 0.35 (0.96%)
Open: 35.50
High: 36.75
Low: 35.50
Prev. Close: 36.40
MTRO Live PriceLast checked at -

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SMALL-CAP WINNERS & LOSERS: Metro Bank shares still suffering

Fri, 19th Nov 2021 10:39

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

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SMALL-CAP - WINNERS

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Wincanton PLC, up 2.1% at 389.00 pence, 12-month range 230p-470p. Revenue for half-year to September 30 rises 19% to GBP690.3 million and pretax profit jumps 31% to GBP25.1 million. Backs full-year outlook as strong activity continues into second half. The logistics firm earlier this week unveiled a five-year contract win with Associated British Foods PLC's fashion retailer Primark.

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Montanaro European Smaller Companies Trust PLC, up 1.6% at 225.95p, 12-month range 144.5-226p. Net asset value per share total return 26% for six months to September, beating benchmark which returns 9.8%. NAV per share at the end of September 198.7p versus 158.9p at March-end.

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SMALL-CAP - LOSERS

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Metro Bank, down 3.2% at 103p, 12-month range 87.95p-163p. Extends losses after 20% slump on Thursday after private equity firm Carlyle Group backed out of a potential takeover of the retail bank. The duo agreed to end talks over a possible takeover offer. Though both parties announced the decision, neither gave a reason. The stock surged 29% in one day alone in early November when the talks were announced.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
24 Jan 2024 12:40

IN BRIEF: "Supportive" majority shareholder joins Metro Bank board

Metro Bank Holdings PLC - London-based retail bank operating from 76 'stores' - Jaime Gilinski Bacal will join the board as a non-executive director, starting "once the necessary formalities are completed". Bacal holds a 52.9% stake in Metro Bank via Spaldy Investments Ltd. Bacal has the right to appoint up to three directors to the Metro Bank board as part of a relationship agreement put in place back in October, when Spaldy contributed GBP102 million to a GBP325 million capital raise by Metro Bank.

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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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