Trade Metro Bank PLC - MTRO CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.0132
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment£1,000.00Overnight funding adjustmentCharges from full value of position-0.02128 %(-£1.06)Trade size with leverage ~ £5,000.00Money from leverage ~ $£4,000.00Go to platform: -0.02128%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment£1,000.00Overnight funding adjustmentCharges from full value of position-0.00064 %(-£0.03)Trade size with leverage ~ £5,000.00Money from leverage ~ $£4,000.00Go to platform: -0.00064%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: GBP
• Min traded quantity: 10
• Margin: 20.00%
• Stock exchange: Great Britain
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: £1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.02128 %
  (-£1.06)

• Margin. Your investment: £1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.00064 %
  (-£0.03)

Key Stats

• Prev. Close: 1.63835
• Open: 1.61436
• 1-Year Change: 48.79%
• Day's Range: 1.5904 - 1.61438

Trade Metro Bank PLC - MTRO

About Metro Bank PLC

Metro Bank PLC is a United Kingdom-based company, which provides retail and commercial banking services in the United Kingdom. The Company is a deposit-taking and lending institution with a focus on retail and small and medium size commercial customers. It offers personal and business banking services. Its personal banking services include bank accounts, savings, borrowing, mortgages, insurance, safe deposit boxes and private banking, among others. Its business banking services include business accounts, deposit accounts, borrowing options and insurance, among others. Its subsidiaries include SME Invoice Finance Limited, SME Asset Finance Limited, Retail Money Market LTD, RateSetter Trustee Services Limited, RateSetter Motor Limited, Security Trustee Services Limited and Vehicle Stocking Limited, among others.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Metro Bank PLC interest income decreased 5% to £405.7M. Net interest income after loan loss provision increased 22% to £272.9M. Net loss decreased 18% to £248.2M. Net interest income after loan loss provision reflects Net Interest Margin - Total - % increase of 15% to 1.4%. Lower net loss reflects Customer Interest decrease of 60% to £40.1M (expense).