Metro Bank Could Attract Suitor Willing to Pay Big Premium -- Market Talk

Dow Jones
2025/06/16

0936 GMT - Metro Bank is in a much better place, AJ Bell's Russ Mould says in a market comment. Any suitor would need to take a longer-term view of its potential to justify paying a large premium to the current market price, Mould says. Reports of a takeover approach for the U.K. challenger bank sent shares higher. The group has been on a rollercoaster journey. But it has now repositioned itself as a business banking provider after a rocky patch that resulted in an emergency fundraise, Mould adds. Investors are now slowly regaining confidence. The price a suitor such as Pollen Street Capital would pay is unknown and shares aren't cheap against 2025 earnings expectations, he adds. The stock is up 15% at 128.8 pence, and has gained 217% on a 12-month basis. (elena.vardon@wsj.com)

 

(END) Dow Jones Newswires

June 16, 2025 05:36 ET (09:36 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10