Metro Bank Needs Scale, Capital to Realize Its Potential - News Summed Up

Metro Bank Needs Scale, Capital to Realize Its Potential


Metro Bank Needs Scale, Capital to Realize Its Potential1142 GMT - Metro Bank Holdings' investment case appears uninteresting until the capital constraints it currently operates under are loosened, Peel Hunt writes in a note. "Metro Bank has the potential to build an attractive, fast-growing bank but needs scale and capital to realize this," analysts write. Evans Extends Buyback Program's Budget, Date; Pretax Profit Hurt by Lower PricesM.P. ---Union Jack Oil's Pretax Profit, Revenue Fell on Foreign Exchange MovementsUnion Jack Oil said pretax profit and revenue fell in the first half on foreign exchange movements, but that its cash balance remains solid for the next 12 months. "The company is continuing to add to its production potential, which should improve profits and cashflow," the analysts say.


Source: Wall Street Journal September 11, 2023 12:14 UTC



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