Metro Bank Holdings PLC (LSE:MTRO)
£ 0.958 -0.07 (-7.01%) Market Cap: 644.69 Mil Enterprise Value: 1.32 Bil PE Ratio: 0 PB Ratio: 0.57 GF Score: 37/100

Half Year 2024 Metro Bank Holdings PLC Earnings Call Transcript

Jul 31, 2024 / 08:00AM GMT
Release Date Price: £0.523 (+30.10%)
Daniel Frumkin
Metro Bank Holdings PLC - Chief Executive Officer, Executive Director

Morning, everyone. Welcome to Metro bank's half year results presentation. I'm Daniel Frumkin, the CEO. And with me today is Cristina, our CFO, who's been filling in admirably while we wait for Marc Page to join us in September.

Today, we're going to go through a bit of an overview. I'm not going to talk about the existing financial results for the first half, I'll let Cristina do that. I would just say they're exactly as we expected and in line with the transitional year we discussed our year-end results.

But I'm going to spend a lot of time on is talking about the future, the future we see for Metro and the future we see for all stakeholders. Then Cristina will come up and talk a bit about financial performance, and I'll come back and talk a little bit about the path forward.

So let's talk about what we see in the future. So let's start with the biggest thing. We will be profitable during quarter four. The turnaround, the transitional year, whatever phrase you like to use is coming to a

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