Metro Bank's Hill Says He's Chasing 100% of the Market

The transcript discusses the bank's performance, highlighting customer satisfaction and profit growth. It covers market strategies, competition, and the impact of Brexit on consumer lending. The regulatory environment, interest rates, and political influences, including Donald Trump's policies, are examined. The bank's plans for branch expansion and diverse customer demographics are also discussed.

What was the bank's financial result in the first quarter?

• A pre-tax loss

• A pre-tax profit of 1.5 million

• A break-even result

• A net loss

What is the bank's approach to gaining market share?

• Avoiding competition with the Big 5 banks

• Targeting 100% of the market in every area

• Focusing only on consumer banking

• Limiting expansion to existing customers

How does the bank view the potential impact of Trump's regulatory changes?

• It will not affect the UK market at all

• It will lead to increased regulations in the UK

• It will have a minor effect in Britain

• It will have a major effect on the UK market

What is the bank's stance on the interest rate environment?

• They wish for a steeper yield curve

• They prefer a flat yield curve

• They are indifferent to interest rates

• They expect immediate rate hikes

How many new branches does the bank plan to open by 2020?

• 110

• 48

• 150

• 200

What is the demographic profile of the bank's new customers?

• Only old and not wealthy

• Only middle-aged and middle-income

• A mix of young, old, wealthy, and not wealthy

• Only young and wealthy

What is the bank's main competitive advantage according to the transcript?

• Limited branch network

• Exclusive partnerships with big banks

• High customer satisfaction and choice

• Low interest rates