Metro Bank has returned to profit for 2025 after cutting costs and doing more corporate lending.
The bank made a pre-tax profit of £87.2 million in 2025, compared to a loss of £212.1 million in 2024.
The 2025 profits were the result of cutting costs by 7% over 2025, the bank said.
These included renegotiating deals with larger clients and paring back some operations, according to Metro Bank chief executive Dan Frumkin.
Since 2023 the lender has cut more than 1,000 roles and ended its famous seven-day opening hours.
Metro Bank said total underlying revenues rose by 16% to £585.1 million.
Loans and advances across corporate, specialist and SME business rose by 56% to £5.23 billion in 2025.
Metro Bank has 78 high street branches, which it hopes could increase to 120 in time.
Frumkin said: “2025 was a year of strong growth and successful delivery for Metro Bank.
“Looking forward, we have a clear strategy and resilient business model that will support profitable growth against a changing market backdrop.”
