Metro Bank H1 FY26 underlying profit before tax climbs 34% to £60.6 million; revenue rises 5% to £301 million

• Metro Bank swings to statutory profit after tax of £49 million, up 61% year-on-year; earnings per share edged up to 4.7p.
• Underlying profit before tax rose 34% from a year earlier to £60.6 million; total underlying revenue increased 5% to £301 million.
• Net interest margin widened 0.31 percentage points year-on-year to 3.18%, with exit NIM at 3.25%; cost of deposits fell to 0.98%.
• Net loans climbed 4% year-on-year to £9.07 billion while customer deposits dipped 1% to £13.22 billion, lifting the loan-to-deposit ratio to 69%.
• Metro Bank reaffirmed guidance, targeting RoTE of at least 13% in Q4 2026; it signed three new store leases in Leeds, Newcastle and Nottingham.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metro Bank Holdings plc published the original content used to generate this news brief via EQS News (Ref. ID: UK-Regulatory_2376620_en) on August 04, 2026, and is solely responsible for the information contained therein.