UK's Metro Bank targets tripling of return on tangible equity in 18 months

Core Viewpoint - Metro Bank forecasts a significant increase in return on tangible equity, expecting it to more than double in the next 6 months and nearly triple in 18 months, driven by its turnaround strategy and cost-control measures [1] Financial Performance - The bank anticipates achieving a return on tangible equity of 18% or greater by 2028 [1]