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Metro Bank: Headlines Look Weak

FINANCIALS

Metro Bank 4Q23 headlines look marginally weak (MTRO LN):


  • METRO BANK FY REV. GBP546.5M, EST. GBP568M
  • METRO BANK FY NET INTEREST MARGIN 1.98%, EST. 2.1%
  • METRO BANK SEES LOW-SINGLE DIGIT ROTE IN 2025 - consensus has high single digit
  • METRO BANK FY ADJ PRETAX GBP16.9M, EST. PROFIT GBP7.6M (2 EST.)

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