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The deep yawn continues for me at Metro Bank

By Chris Bailey | Monday 22 May 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


I hate to break the news to Metro Bank (MTRO), but I am never going to be one of its customers. A few years back, when the company had a share price of thirty, then twenty and then below ten quid, it used to make quite a few appearances on these pages as a number of us thought (correctly) that it was a dog stock. There have been a bunch of more interesting stocks to think about for the last few years, but I was reminded again about the apparently “highest rated high street bank for overall service quality for personal customers and the best bank for service in-store for personal and business customers, in the Competition and Markets Authority’s Service Quality Survey in February 2023” when I read about an “Admission and Listing of new ordinary shares” this morning.
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