UK's metro bank targets tripling of return on tangible equity in 18 months
Published by Global Banking & Finance Review®
Posted on March 4, 2026
1 min readLast updated: March 4, 2026
Published by Global Banking & Finance Review®
Posted on March 4, 2026
1 min readLast updated: March 4, 2026
Metro Bank projects its return on tangible equity (RoTE) to more than double within 6 months and nearly triple over 18 months, targeting 18%+ by 2028, driven by asset rotation, cost discipline, NIM expansion and benefits from changes to MREL regime.
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)
The improvement is driven by Metro Bank's turnaround strategy and ongoing cost-control measures.
Metro Bank expects to deliver a return on tangible equity of 18% or greater by 2028.
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