UK’s Metro Bank targets tripling of return on tangible equity in 18 months

Wednesday, March 4, 2026 at 2:33 AM

March 4 (Reuters) – Metro Bank forecast on Wednesday that its return on tangible equity will more than double from current levels over the next 6 months and nearly triple over 18 months, driven by its turnaround strategy and ongoing cost-control steps. 

The British lender expects to deliver a return on tangible equity of 18% or greater for 2028.

(Reporting by Rishab Shaju and Sri Hari N S in Bengaluru; Editing by Rashmi Aich)


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