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Metro Bank Holdings PLC - London-based high-street bank - Reports that total assets stood at £16.56 billion in the first quarter of 2026, down 3.0% from £17.07 billion a year ago but up 0.5% from £16.48 billion at the end of 2025. Net loan to deposit ratio in the first quarter was 68%, higher than 61% a year ago and 66% at the end of 2025. Net loans and advances to customers fall 3.9% on-year to £13.28 billion from £13.82 billion, and are 1.2% lower than £13.45 billion at 2025-end. Chief Executive Officer Daniel Frumkin says: ‘We have started the year well, building on the positive momentum that we carried into 2026 by delivering continued profit growth and increased lending in our key target areas against a dynamic market backdrop. As we successfully rotate our lending and reshape the balance sheet, we have an established and high-quality pipeline, and the lowest cost of deposits of any UK High Street bank. We are confident in reaffirming all guidance previously provided. ‘Our commitment to relationship banking, our store network and the communities we operate in are positive differentiators, enabling us to win market share and increase lending. We look ahead with confidence and remain focused on delivering for our colleagues, customers, shareholders and supporting UK growth.’ Current stock price: 148.07 pence each, up 6.8% on Thursday afternoon in London 12-month change: up 47% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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