Edition:
United Kingdom

Metro Bank PLC (MTRO.L)

MTRO.L on London Stock Exchange

2,242.00GBp
14 Nov 2018
Change (% chg)

-28.00 (-1.23%)
Prev Close
2,270.00
Open
2,256.00
Day's High
2,312.00
Day's Low
2,224.00
Volume
213,545
Avg. Vol
210,945
52-wk High
4,056.00
52-wk Low
2,048.00

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Wed, Oct 24 2018

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Metro Bank shares slide after warning on mortgage market competition

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.

UPDATE 2-Metro Bank shares slide after warning on mortgage market competition

* Graphic: https://tmsnrt.rs/2PhGXmp (Recasts with shares, CEO comments, graphic)

Metro Bank Q3 underlying earnings more than double

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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