UK's Metro Bank targets tripling of return on tangible equity in 18 months

Metro Bank Holdings

04/03/2026 07:19

March 4 (Reuters) - Metro Bank MTRO.L forecast on Wednesday that its return on tangible equity will more than double from current levels over the next 6 months and nearly triple over 18 months, driven by its turnaround strategy and ongoing cost-control steps.

The British lender expects to deliver a return on tangible equity of 18% or greater for 2028.

(Reporting by Rishab Shaju and Sri Hari N S in Bengaluru; Editing by Rashmi Aich)

((SriHari.NS@thomsonreuters.com;))