Metro Bank (MTRO)

Sector:

Banking

Index:

FTSE Small Cap

103.60p
   
  • Change Today:
      0.60p
  • 52 Week High: 149.90
  • 52 Week Low: 83.00
  • Currency: UK Pounds
  • Shares Issued: 172.42m
  • Volume: 421,578
  • Market Cap: £178.63m
  • RiskGrade: 336
  • Beta: 0.01

Metro Bank confirms takeover approach from Carlyle Group, share surge

By Michele Maatouk

Date: Thursday 04 Nov 2021

LONDON (ShareCast) - (Sharecast News) - Metro Bank surged on Thursday after confirming it has received a takeover approach from funds affiliated with US private equity firm the Carlyle Group.
Responding to recent press speculation, the bank said it has engaged with Carlyle in relation to its possible offer and a further announcement will be made as and when appropriate.

"In the meantime, shareholders are advised to take no action," it said.

At 1125 GMT, the shares were up 30% at 133.98p.

Carlyle now has until 2 December to either announce a firm intention to make an offer or walk away.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Metro Bank Market Data

Currency UK Pounds
Share Price 103.60p
Change Today 0.60p
% Change 0.58 %
52 Week High 149.90
52 Week Low 83.00
Volume 421,578
Shares Issued 172.42m
Market Cap £178.63m
Beta 0.01
RiskGrade 336

Metro Bank Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.94% above the market average73.94% above the market average73.94% above the market average73.94% above the market average73.94% above the market average
41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average
Price Trend
60.5% below the market average60.5% below the market average60.5% below the market average60.5% below the market average60.5% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
51.31% above the market average51.31% above the market average51.31% above the market average51.31% above the market average51.31% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 3
Sell 0
Strong Sell 3
Total 7
sell
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Metro Bank Dividends

No dividends found

Trades for 18-Jan-2022

Time Volume / Share Price
16:35 14,520 @ 103.60p
16:28 1,154 @ 104.40p
16:17 5,040 @ 104.30p
16:14 94 @ 105.20p
16:10 2,000 @ 104.38p

Metro Bank Key Personnel

CFO David Arden
CEO Daniel Frumkin
Chair Robert Sharpe

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