Metro Bank has recorded 67% growth in new corporate, commercial and SME lending in 2025, a record for the bank.

In this period, the bank also returned to profit, recovering from a loss of £14m in the 2024 financial year to a profit of £98.1m.

Metro Bank's revenue increased by 16% to £585.1m, while its loan to deposit ratio rose by four percentage points to 66%.

Furthermore, its net interest income jumped by 22% and its return on tangible equity stood at 6.4%, which continues to increase in line with guidance.

Despite these results, Metro Bank recorded a 7% drop in its customers deposits, which totalled £13.4bn, while its fixed-term savings account deposits fell by 40% to £682m. Although its current account deposits increased by 1% to £5.86bn, demand for its savings accounts dropped by 8% to £6.9bn across its range of products.

Metro Bank said that stores remain a "key element" of its service offering and strategy, and has opened three stores in 2025 in Chester, Salford and Gateshead, with new leases signed in Newcastle and Leeds.

In its outlook, the bank stated that it is well placed to continue its strategic delivery in the year ahead and over the medium term. It therefore expects to more than double returns in six months and nearly treble them in 18 months through the ongoing execution of its strategy.

Chief executive officer at Metro Bank, Daniel Frumkin, described the year as one of "strong growth and successful delivery".

He concluded: "Through focused execution of our strategy and pivot to higher margin business, we have boosted underlying profits to £98mn, the highest in our 15-year history, whilst reducing operating costs ahead of target. Metro Bank expects to more than double returns in six months and nearly treble them in 18 months through the ongoing execution of our clear strategy.

"Metro Bank stands out for our focus on relationship banking, our full service-offer to SMEs and store presence. We are capturing market share in our target segments and have a deep pipeline of attractive lending opportunities. We lent a record £2bn to companies up and down the UK, supporting growth and creating jobs.

"Looking forward, we have a clear strategy and resilient business model that will support profitable growth against a changing market backdrop. Our revised guidance shows we expect to more than double RoTE throughout the fourth quarter of this year and nearly treble it to greater than 18% for 2028. This will see us delivering one of the highest returns of any UK high street bank."

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