Metro Bank shares rise as RBC upgrades to 'outperform'

Metro Bank Holdings

19/08/2025 09:17

** Shares of British lender Metro Bank Holdings MTRO.L rise 4% to 124.8p

** RBC Capital Markets upgrades stock to "outperform" from "sector perform"

** Expects bank to deliver strong return on tangible equity by 2028, calling it progressive and attractive, even though their forecast is more cautious than management's guidance

** Earlier this month, Metro Bank posted a more than three-fold rise in underlying pre-tax profit for H1 2025, driven by cost controls and a renewed focus on corporate and commercial lending

** Average rating from three analysts is "hold"; median PT is 150p - data compiled by LSEG

** As of last close, MTRO stock up nearly 33% YTD

 (Reporting by Akriti Shah in Bengaluru)

 ((akriti.shah@thomsonreuters.com))