MTRO:LON
Metro Bank Holdings PLC
GBXÂ 171.60
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-0.12%(-0.20) 1D
Sep 29, 4:35:02 PM GMT+1 · GBX
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| Symbol | Price | Change | % Change |
|---|
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Open
GBXÂ 167.00
High
GBXÂ 175.40
Low
GBXÂ 167.00
Mkt. cap
1.16B
Avg. vol.
773.57K
Volume
403.36K
P/E ratio
16.47
52-wk high
GBXÂ 186.40
52-wk low
GBXÂ 98.30
EPS
GBXÂ 0.10
Shares outstanding
673.63M
No. of employees
3K
Open
GBXÂ 167.00
High
GBXÂ 175.40
Low
GBXÂ 167.00
Mkt. cap
1.16B
Avg. vol.
773.57K
Volume
403.36K
P/E ratio
16.47
52-wk high
GBXÂ 186.40
52-wk low
GBXÂ 98.30
EPS
GBXÂ 0.10
Shares outstanding
673.63M
No. of employees
3K
Profile
Metro Bank PLC is a retail and commercial bank operating in the United Kingdom, founded by Anthony Thomson and Vernon Hill in 2010. At its launch it was the first new high street bank to launch in the United Kingdom in over 150 years. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
After a period of rapid growth, Metro Bank hit difficulties in early 2019 when it announced it had insufficient capital to meet regulatory requirements, following the discovery of an error in the way it categorised its commercial loans for capital adequacy purposes. As a result, it had to raise an additional £350m of capital. Concerns over the announcement and the bank's ability to raise the capital resulted in the bank's share price falling by 75% in less than four months, and large depositors withdrawing cash, because of "adverse sentiment". Wikipedia
About Metro Bank Holdings PLC