Metro Bank Delivers Profitable Q1 2025 Performance
The bank reports profitable Q1 2025 performance, driven by higher net interest margin and continued strategic repositioning of its business.
The bank reports profitable Q1 2025 performance, driven by higher net interest margin and continued strategic repositioning of its business.
The financial services company has published its 2024 annual report and notice of the 2025 annual general meeting.
The retailer has announced a non-executive director has purchased 100,000 ordinary shares in the company.
The bank has completed the sale of a £584 million unsecured personal loan portfolio, which it says will enhance risk-adjusted returns on capital.
The prominent retail bank has successfully priced its inaugural £250m Additional Tier 1 capital securities issuance, strengthening its capital position and providing flexibility for future growth.
The retailer has announced a director has purchased a number of shares in the company.
The bank's directors have purchased a total of 649,000 ordinary shares, increasing their personal stakes in the company.
The bank is seeking shareholder approval for a potential future capital raise, but no specifics on the size, timing or purpose of the raise are provided.
The lender has returned to profitability, exceeding guidance with improved margins and strong growth in corporate lending. Despite revenue decline, its strategic shift shows promising results.
The major bank has sold a £584 million portfolio of unsecured personal loans, a move that will improve its capital position and allow it to focus on higher-yielding lending areas.