Metro Bank PLC (MTRO) - Net Assets
Based on the latest financial reports, Metro Bank PLC (MTRO) has net assets worth GBX1.25 Billion GBX (≈ $152.33K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX16.48 Billion ≈ $2.00 Million USD) and total liabilities (GBX15.22 Billion ≈ $1.85 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Metro Bank PLC tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX1.25 Billion |
| % of Total Assets | 7.6% |
| Annual Growth Rate | N/A |
| 5-Year Change | 20.97% |
| 10-Year Change | 55.62% |
| Growth Volatility | 24631.71 |
Metro Bank PLC - Net Assets Trend (2008–2025)
This chart illustrates how Metro Bank PLC's net assets have evolved over time, based on quarterly financial data. See Metro Bank PLC defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Metro Bank PLC (2008–2025)
The table below shows the annual net assets of Metro Bank PLC from 2008 to 2025. For live valuation and market cap data, see Metro Bank PLC market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX1.25 Billion ≈ $152.33K |
+5.83% |
| 2024-12-31 | GBX1.18 Billion ≈ $143.94K |
+4.32% |
| 2023-12-31 | GBX1.13 Billion ≈ $137.98K |
+18.62% |
| 2022-12-31 | GBX956.00 Million ≈ $116.32K |
-7.63% |
| 2021-12-31 | GBX1.03 Billion ≈ $125.93K |
-19.71% |
| 2020-12-31 | GBX1.29 Billion ≈ $156.83K |
-18.57% |
| 2019-12-31 | GBX1.58 Billion ≈ $192.61K |
+12.83% |
| 2018-12-31 | GBX1.40 Billion ≈ $170.70K |
+27.89% |
| 2017-12-31 | GBX1.10 Billion ≈ $133.47K |
+36.35% |
| 2016-12-31 | GBX804.53 Million ≈ $97.89K |
+97.59% |
| 2015-12-31 | GBX407.18 Million ≈ $49.54K |
-11.94% |
| 2014-12-31 | GBX462.40 Million ≈ $56.26K |
+15.44% |
| 2013-12-31 | GBX400.57 Million ≈ $48.74K |
+124.78% |
| 2012-12-31 | GBX178.20 Million ≈ $21.68K |
+128.60% |
| 2011-12-31 | GBX77.95 Million ≈ $9.48K |
-19.46% |
| 2010-12-31 | GBX96.79 Million ≈ $11.78K |
+101784.21% |
| 2009-09-30 | GBX95.00K ≈ $11.56 |
+109.53% |
| 2008-11-30 | GBX-997.00K ≈ $-121.31 |
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Equity Component Analysis
This analysis shows how different components contribute to Metro Bank PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2388788.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX1.07 Billion | 86.55% |
| Common Stock | GBX146.00 Million | 11.76% |
| Other Comprehensive Income | GBX21.00 Million | 1.69% |
| Total Equity | GBX1.24 Billion | 100.00% |
Metro Bank PLC Competitors by Market Cap
The table below lists competitors of Metro Bank PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gigasun AB
ST:GIGA
|
$13.85 Million |
|
Rcm Beteiligungs AG
F:RCMN
|
$13.87 Million |
|
Obiz Concept SAS
PA:ALBIZ
|
$13.87 Million |
|
Mayfield Childcare Ltd
AU:MFD
|
$13.88 Million |
|
Asia Seed Co.Ltd
KQ:154030
|
$13.85 Million |
|
Airthings ASA
OL:AIRX
|
$13.83 Million |
|
Pintec Technology Holdings Ltd
NASDAQ:PT
|
$13.82 Million |
|
B.V. Delftsch Aardewerkfabriek "De Porceleyne Fles Anno 1653"
AS:PORF
|
$13.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metro Bank PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,183,000,000 to 1,242,000,000, a change of 59,000,000 (5.0%).
- Net income of 69,700,000 contributed positively to equity growth.
- Dividend payments of 17,000,000 reduced retained earnings.
- New share issuances of 242,000,000 increased equity.
- Other comprehensive income increased equity by 4,000,000.
- Other factors decreased equity by 239,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX69.70 Million | +5.61% |
| Dividends Paid | GBX17.00 Million | -1.37% |
| Share Issuances | GBX242.00 Million | +19.48% |
| Other Comprehensive Income | GBX4.00 Million | +0.32% |
| Other Changes | GBX-239.70 Million | -19.3% |
| Total Change | GBX- | 4.99% |
Book Value vs Market Value Analysis
This analysis compares Metro Bank PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 92.68x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 49.80x to 92.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | GBX3.39 | GBX169.00 | x |
| 2013-12-31 | GBX7.63 | GBX169.00 | x |
| 2014-12-31 | GBX7.68 | GBX169.00 | x |
| 2015-12-31 | GBX6.88 | GBX169.00 | x |
| 2016-12-31 | GBX10.48 | GBX169.00 | x |
| 2017-12-31 | GBX12.77 | GBX169.00 | x |
| 2018-12-31 | GBX14.64 | GBX169.00 | x |
| 2019-12-31 | GBX10.74 | GBX169.00 | x |
| 2020-12-31 | GBX7.48 | GBX169.00 | x |
| 2021-12-31 | GBX6.00 | GBX169.00 | x |
| 2022-12-31 | GBX5.54 | GBX169.00 | x |
| 2023-12-31 | GBX5.14 | GBX169.00 | x |
| 2024-12-31 | GBX1.75 | GBX169.00 | x |
| 2025-12-31 | GBX1.82 | GBX169.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metro Bank PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.08%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 13.26x
- Recent ROE (5.61%) is above the historical average (-7.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -19.39% | -318.97% | 0.01x | 4.33x | GBX-52.37 Million |
| 2013 | -11.59% | -152.21% | 0.02x | 4.72x | GBX-86.49 Million |
| 2014 | -8.89% | -56.09% | 0.02x | 7.92x | GBX-87.35 Million |
| 2015 | -12.08% | -43.47% | 0.02x | 15.10x | GBX-89.91 Million |
| 2016 | -2.08% | -8.80% | 0.02x | 12.50x | GBX-97.21 Million |
| 2017 | 0.98% | 3.78% | 0.02x | 14.91x | GBX-98.91 Million |
| 2018 | 1.93% | 6.84% | 0.02x | 15.43x | GBX-113.20 Million |
| 2019 | -11.54% | -45.21% | 0.02x | 13.52x | GBX-340.90 Million |
| 2020 | -23.41% | -100.37% | 0.01x | 17.52x | GBX-430.60 Million |
| 2021 | -23.98% | -63.19% | 0.02x | 21.82x | GBX-351.70 Million |
| 2022 | -7.60% | -15.03% | 0.02x | 23.14x | GBX-168.30 Million |
| 2023 | 2.60% | 4.79% | 0.03x | 19.62x | GBX-83.90 Million |
| 2024 | 3.59% | 4.41% | 0.05x | 14.86x | GBX-75.80 Million |
| 2025 | 5.61% | 8.08% | 0.05x | 13.26x | GBX-54.50 Million |
Industry Comparison
This section compares Metro Bank PLC's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $428,462,729,889
- Average return on equity (ROE) among peers: 12.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metro Bank PLC (MTRO) | GBX1.25 Billion | -19.39% | 12.16x | $13.85 Million |
| Arbuthnot Banking Group Plc (ARBB) | $200.88 Million | 3.38% | 15.72x | $1.64 Million |
| Axis Bank Ltd GDR (AXB) | $1.88 Trillion | 14.93% | 7.82x | $440.80 Million |
| Lion Finance Group PLC (BGEO) | $2.73 Billion | 16.02% | 4.55x | $61.17 Million |
| Close Brothers Group plc (CBG) | $114.42 Million | 18.43% | 7.07x | $8.39 Million |
| Halyk Bank of Kazakhstan Joint Stock Company (HSBK) | $1.91 Trillion | 28.97% | 6.49x | $6.48 Billion |
| Lloyds Banking Group PLC (LLOY) | $4.84 Billion | 23.33% | 29.56x | $759.21 Million |
| Manx Financial Group Plc (MFX) | $8.60 Million | 0.00% | 4.73x | $344.07K |
| Nationwide Building Society (NBS) | $4.19 Billion | 6.28% | 19.41x | $1.19 Billion |
| NatWest Group PLC (NWG) | $54.15 Billion | -2.94% | 14.06x | $620.70 Million |
About Metro Bank PLC
Metro Bank Holdings PLC operates as the bank holding company for Metro Bank PLC that provides business, commercial, retail and private banking products and services in the United Kingdom. It offers personal banking products and services, including current, cash, and foreign currency accounts; savings; residential and buy-to-let mortgages; overdrafts; credit cards; and safe deposit box services. T… Read more