The penalty relates to figures it revealed to the City in 2018 which, the FCA said, the bank knew were wrong.
Metro Bank has been fined just over £10m by the City watchdog for breaching rules by"publishing incorrect information to investors".
The challenger bank later said in January 2019 it had corrected risk weightings of some of its commercial loan portfolios. The FCA said on Monday it had also decided to fine Metro former chief executive Craig Donaldson and former chief financial officer David Arden £223,100 and £134,600 respectively for being"knowingly concerned" in the bank's rule breach.
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