Metro Bank

Metro Bank

A customer-centric community bank with convenient store hours, quick account opening, and unique services like drive-thru banking. Learn more

Launch date
Employees
Market cap
€531m
Enterprise valuation
€531m (Public information from Sep 2024)
Company register number 06419578
London England (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
GBP2020202120222023202420252026
Revenues433m419m524m549m514m615m691m
% growth4 %(3 %)25 %5 %(6 %)20 %12 %
EBITDA210m------
% EBITDA margin49 %------
Profit(302m)(248m)(72.7m)29.5m(104m)52.1m93.1m
% profit margin(70 %)(59 %)(14 %)5 %(20 %)8 %13 %
EV / revenue0.6x0.4x0.4x0.5x0.8x0.7x0.6x
EV / EBITDA1.1x------
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DateInvestorsAmountRound
*

£400m

Valuation: £1.6b

Growth Equity VC
N/A

N/A

Valuation: £1.6b

IPO

£120m

Grant
N/A

N/A

-
*

£11.0m

Post IPO Equity
*

£325m

Post IPO Equity
*
N/A

£600m

Post IPO Debt
Total Funding€624m

Recent News about Metro Bank

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Metro Bank operates in the financial services sector, providing a range of banking solutions to both personal and business clients. The company is known for its customer-centric approach, offering services through physical branches, online platforms, and mobile applications. Metro Bank's business model focuses on delivering a seamless banking experience, which is reflected in their extended store hours and high ratings in customer service surveys. The bank generates revenue through traditional banking activities such as loans, mortgages, and credit cards, as well as fees from various financial services. Metro Bank serves a diverse clientele, including individuals, small businesses, and larger enterprises, primarily within the UK market. The company differentiates itself by emphasizing convenience, accessibility, and innovative features like Apple Pay integration and real-time spending insights.

Keywords: customer-centric, financial services, banking solutions, digital banking, personal banking, business banking, UK market, innovative features, seamless experience, revenue generation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Metro Bank

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