Added to YB: 2026-05-26
Pitch date: 2026-03-18
MTRO.L [bullish]
Metro Bank Holdings PLC
+41.25%
current return
Author Info
No bio for this author
Company Info
Metro Bank Holdings PLC operates as the bank holding company for Metro Bank PLC that provides business, commercial, retail and private banking products and services in the United Kingdom.
Market Cap
GBP 1.0B
Pitch Price
GBP 1.09
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
19.92
EV/Sales
N/A
Sector
Banks
Category
value
Metro Bank Holdings PLC - $MTRO.L
MTRO.L: Trades 70% TNAV (£1.63 vs 115p), targeting 18%+ ROE by 2028 from 6.4% in 2025. £63M annual interest saved calling MREL debt Apr'28. £360-460M excess capital (£0.60-0.80/share) for returns. Commercial loans +34% to £3.6B, specialist mortgages +137% to £1.7B, £800M pipeline. Lowest UK deposit cost 0.94%. Stress tests show profit at 0.9%-1.5% CoR. CEO £60M comp at £4.37. Spaldy bought 1M shares Dec'25-Mar'26. 3.5-4x P/E vs mid-teens ROE potential. Risk: rate cuts <2%, severe recession.
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