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)
Comments