Metro Bank profit soars but growth guidance cut

27th Feb 2019 08:35

(Sharecast News) - Metro Bank reported a solid set of full year results and tweaked its strategic targets overnight, after announcing an emergency fundraising and saying that financial regulators were to investigate its accounting error last month.

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Metro Bank drops on announcement of £350m share sale

26th Feb 2019 16:17

(Sharecast News) - Metro Bank's shares dived late on Tuesday after the challenger bank announced plans to raise £350m through a new share sale to fix the shortfall on its balance sheet.

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Metro Bank among SME grant winners, CYBG misses out

22nd Feb 2019 07:16

(Sharecast News) - Metro Bank has been awarded £120m from the fund set up with cash from Royal Bank of Scotland designed to boost competition in the SME portion of the banking sector, with Starling Bank getting £100m and ClearBank £60m.

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FTSE 250 movers: Contour charged up, TalkTalk dips lower

11th Feb 2019 14:35

(Sharecast News) - London's FTSE 250 was up 0.81% at 18,804.87 in afternoon trading on Monday, as power generation business Contour Global arced higher on a subdued day of trading for the index.

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Monday broker round-up

11th Feb 2019 13:38

(Sharecast News) - Metro Bank: Berenberg upgrades to hold with a target price of 1,200p.

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Berenberg slashes target for Metro Bank, but upgrades to 'hold'

11th Feb 2019 10:06

(Sharecast News) - Analysts at Berenberg upgraded shares of British challenger bank Metro Bank to 'hold' from their previous 'sell' rating on Monday, explaining that while near-term pressure might continue, the stock was now "fairly valued".

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FTSE 250 movers: Greencore stays fresh, Indivior takes a tumble

5th Feb 2019 14:42

(Sharecast News) - London's FTSE 250 was up 0.25% at 18,896.63 in afternoon trading on Tuesday, with supermarket supplier Greencore leading the risers on the back of a broker recommendation.

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FTSE 250 movers: Metro Bank tumbles, Ferrexpo rocks higher

31st Jan 2019 14:45

(Sharecast News) - London's FTSE 250 was down 0.38% at almost 18,756.90 in afternoon trading on Thursday, with Metro Bank continuing to lead the fallers on the index.

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FTSE 250 movers: UDG Healthcare climbs, PZ Cussons washed away

29th Jan 2019 14:47

(Sharecast News) - London's FTSE 250 was down 1.02% at 18,723.48 in afternoon trade on Tuesday, with PZ Cussons and Royal Mail leading the way down.

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Metro Bank 'likely' to need new fundraising, analysts say

23rd Jan 2019 13:25

(Sharecast News) - Metro Bank is now "increasingly likely" to go back to the City with its begging bowl, some analysts suggested after the lender's surprise trading update on Wednesday.

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Wednesday broker round-up

23rd Jan 2019 12:59

(Sharecast News) - Centrica: Credit Suisse downgrades to neutral with a target price of 155p.

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FCA to ban excessive overdraft fees in 'once-in-a-generation' shake up

18th Dec 2018 09:25

(Sharecast News) - The Financial Conduct Authority is cracking down on the UK's "dysfunctional" £2.4bn overdraft market, including banning banks from charging higher fees for unauthorised borrowing.

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FTSE 250 movers: Metro chugs upward while Indivior continues to plummet

21st Nov 2018 14:45

(Sharecast News) - London's FTSE 250 was up 0.65% at 18,485.47 in afternoon trade on Wednesday, as Metro Bank made gains off positive broker feedback.

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Director dealings: Metro Bank CEO ups stake

31st Oct 2018 16:29

(Sharecast News) - Metro Bank chief executive Craig Donaldson purchased 10,000 ordinary shares in the FTSE 250-listed challenger bank.

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Citi ups Metro Bank to 'buy' on more balanced risk/reward

29th Oct 2018 13:15

(Sharecast News) - Metro Bank got a boost on Monday as Citi upgraded the stock to 'buy' from 'neutral', saying the risk/reward now looks more balanced.

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