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25.07.25 - 19:54
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US Metro Bancorp Announces Second Quarter 2025 Results (Business Wire)
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GARDEN GROVE, Calif.--(BUSINESS WIRE)--US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, Bancorp earned $2.5 million in the second quarter of 2025, compared to $2.6 million in the first quarter of 2025 and compared to $2.2 million for the three months ending June 30, 2024. On a year-to-date basis, Bancorp recorded an annualized return on average assets (“ROAA”) of 0.68% and an annualized return on average equity (“ROAE”) of 9.34%. With 16,520,000 shares outstanding, earnings per share (“EPS”) for the second quarter of 2025 was $0.15 compared to $0.16 in the first quarter of 2025 and compared to $0.13 for the three months ending June 30, 2024. On June 30, 2025, Bancorp's book value per share was $6.43 compared to $5.94 a year earlier.
The Bank recorded on a year-to-date basis net interest income of $21.1 million compared to $16.9 million in the same period a year earlier. Ne...
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16.06.25 - 21:30
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Metro Bank sobers up and attracts a suitor | Nils Pratley (The Guardian)
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A lift in share price shows the market expects a deal, but Metro v 2.0 doesn't need to jump at a takeover at any priceSome departures from the shrinking London stock market hurt more than others. It is doubtful that Metro Bank, if it's about to fall to an approach from a London private equity firm, will be mourned by those shareholders on the wrong end of the wild ride for the shares from £20 at listing in 2016, to £40 two years later, to a plunge and painful recapitalisation at just 30p in 2023.In the overhyped early years, Metro said it was going to revolutionise high street banking via the novel strategy of opening expensive branches while the fuddy-duddy old guard were closing them. The party ended in an arduous tale of an accounting blunder, run-ins with regulators and a need for more capital, factors that inevitably weighed more heavily than the bank's gimmicks such as giving free dog biscuits to the customers' canines. Continue reading......
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16.06.25 - 16:48
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The Metro Bank share price soars 14% on takeover rumours! (Fool)
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The Metro Bank share price was the top performer on the FTSE 250 by late morning today (16 June) after reports emerged that it could be a bid target.
The post The Metro Bank share price soars 14% on takeover rumours! appeared first on The Motley Fool UK....
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16.06.25 - 15:00
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Metro Bank shares surge on talk of private equity takeover (The Guardian)
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Potential uncertainty for customers and staff as Shawbrook owner Poll Street Capital sounds out bank's bossesBusiness live – latest updatesMetro Bank shares have surged to a two year-high after news of a takeover approach by a London private equity firm that could create uncertainty for customers and staff.It emerged over the weekend that Pollen Street Capital has sounded out Metro bosses over a potential deal, which could take the listed lender off the London Stock Exchange and back into private hands. Continue reading......
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11.06.25 - 19:06
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US Metro Bancorp Declares Interim Dividend on Common Stock (Business Wire)
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GARDEN GROVE, Calif.--(BUSINESS WIRE)--US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.03 cash dividend payable on June 24, 2025 to shareholders of record at the close of business on June 10, 2025.
About US Metro Bancorp, Inc. and its wholly owned subsidiary US Metro Bank
US Metro Bank is a California chartered, full service commercial bank headquartered in Garden Grove, California. The Bank opened for business on September 15, 2006, and offers deposit and loan products (including commercial real estate, commercial and industrial, mortgage and SBA loans), as well as related banking services to its customers.
This release contains forward-looking statements, including our expectations with respect to future events that are subject to various risks and uncertainties. Factors that could cause actual results to differ materially from management's projections, forecasts, estimates, and expectations include fluctuation in market rates of interest and loan and deposit pricing, ...
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