UK's Metro Bank surges on ambitious profit-return targets, tops FTSE mid-cap

Metro Bank Holdings

04/03/2026 08:20

** Shares of British lender Metro Bank Holdings MTRO.L up 5.6% at 120.6p

** Stock is top gainer on FTSE mid-cap .FTMC, which is down 0.01%

** Co says it expects return on tangible equity to be 13% or greater in Q4 2026, 15% or greater for 2027, and 18% or greater for 2028

** YTD, till last close, stock down 5.3% vs .FTMC's about 1% gain

(Reporting by Tuhina)

((tuhina@thomsonreuters.com ;))