Metro Bank Shares Surge 16% After Retaining Net Interest Margin Guidance
Metro Bank shares rose 16% to 176.60 pence on Wednesday after the bank retained all guidance, including its outlook for net interest margin expansion. The shares led the FTSE 250.
By Michael HennesseyMetro Bank shares jumped after the bank retained all its guidance, including for net interest margin expansion, despite a recent pattern of softer margin guidance from some U.K. banks.Shares surged 16% to 176.60 pence on Wednesday and led the FTSE 250 index, which itself was 0.6…