Edison Issues Report on Metro Bank (MTRO)
London, United Kingdom--(Newsfile Corp. - October 31, 2024) - Edison issues report on Metro Bank (LSE: MTRO).Having successfully refinanced in late 2023, Metro Bank is making good progress with repositioning its business model towards higher-return commercial and specialist mortgage lending, reducing its cost of funding and shrinking its cost base. It confidently expects to be profitable before year-end and has guided to strong progress thereafter, reaching a mid- to upper-teens percentage retur