Metro Bank PLC (MTRO.L)
14 Nov 2018
Wed, Oct 24 2018
Shares of British lender Metro Bank fell over 13 percent on Wednesday as a squeeze on margins and competitive pressures in the mortgage market took the shine off a doubling of profit in the third quarter.
* Graphic: https://tmsnrt.rs/2PhGXmp (Recasts with shares, CEO comments, graphic)
Oct 24 Britain's Metro Bank Plc reported a doubling of underlying pretax profit in the third quarter thanks to a strong loan book, while issuing a warning about the continuing competitive nature of the mortgage market.
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