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An update from Metro Bank ( (GB:MTRO) ) is now available.
Metro Bank Holdings PLC has announced preliminary discussions regarding the potential sale of its performing consumer loan portfolio. This move aligns with the bank’s strategic shift towards more SME, commercial, and corporate lending, aiming to optimize its balance sheet amid strong growth in these sectors. The transaction, if completed, is expected to improve the bank’s regulatory capital ratios, although there is no certainty of a deal.
More about Metro Bank
Metro Bank Holdings PLC operates in the banking industry, focusing on retail and commercial banking services. The company is shifting its strategic focus towards SME, commercial, and corporate lending to optimize its operations and market position.
YTD Price Performance: 3.82%
Average Trading Volume: 1,734,839
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £658.2M
Find detailed analytics on MTRO stock on TipRanks’ Stock Analysis page.
