Secure Trust Bank (LON:STB) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Secure Trust Bank PLC (LON:STB) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 524.35 ($6.79) and traded as high as GBX 604 ($7.82). Secure Trust Bank shares last traded at GBX 596.29 ($7.72), with a volume of 104,993 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Secure Trust Bank in a research report on Thursday, March 13th.

Secure Trust Bank Stock Performance

The stock has a market cap of £113.56 million, a price-to-earnings ratio of 4.41, a PEG ratio of 0.11 and a beta of 0.87. The firm’s 50-day moving average price is GBX 471.21 and its two-hundred day moving average price is GBX 522.15.

Secure Trust Bank (LON:STB) last issued its quarterly earnings data on Thursday, March 13th. The company reported GBX 103.40 ($1.34) earnings per share for the quarter. Secure Trust Bank had a return on equity of 7.43% and a net margin of 7.20%. As a group, sell-side analysts expect that Secure Trust Bank PLC will post 214.2857143 earnings per share for the current fiscal year.

Secure Trust Bank Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, April 24th will be given a GBX 22.50 ($0.29) dividend. This is a positive change from Secure Trust Bank’s previous dividend of $11.30. The ex-dividend date of this dividend is Thursday, April 24th. This represents a yield of 3.92%. Secure Trust Bank’s payout ratio is presently 20.71%.

Secure Trust Bank Company Profile

Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with over 70‐years of trading history. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and has 920 employees (full‐time equivalent) as at August 2024. The Group’s diversified lending portfolio currently focuses on two sectors:

(i) Business finance through its Real Estate Finance and Commercial Finance divisions, and
(ii) Consumer finance through its Vehicle Finance and Retail Finance divisions.