Previous Close | 82.32 |
Open | 82.40 |
Bid | 82.16 x 0 |
Ask | 82.20 x 0 |
Day's Range | 82.10 - 82.94 |
52 Week Range | 65.43 - 83.16 |
Volume | |
Avg. Volume | 438,611 |
Market Cap | 18.537B |
Beta (5Y Monthly) | 0.05 |
PE Ratio (TTM) | 19.24 |
EPS (TTM) | 4.27 |
Earnings Date | Aug 14, 2024 |
Forward Dividend & Yield | 1.34 (1.63%) |
Ex-Dividend Date | May 14, 2024 |
1y Target Est | 79.63 |
The sale is expected to reduce Metro's risk-weighted assets by approximately 824 million pounds, leading to an improvement in the British lender's Common Equity Tier 1 (CET1) ratio of about five basis points, its statement said. Metro Bank launched to challenge the dominance of the Britain's big banks in the wake of the global financial crisis, but struck a 925 million pound rescue deal last year and has since implemented cost cuts to heal its balance sheet. The bank said the sale of the mortgage portfolio was in line with its strategy to "reposition its balance sheet and enhance risk-adjusted returns on capital".
METRO Inc. will release its third quarter fiscal 2024 results on August 14, 2024. The release will be followed by a conference call at 9:00 a.m. (EDT).
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