Secure Trust Bank (LON:STB) Posts Earnings Results

Secure Trust Bank (LON:STB) announced its quarterly earnings data on Thursday. The company reported GBX 103.40 ($1.34) EPS for the quarter, Digital Look Earnings reports. Secure Trust Bank had a return on equity of 7.43% and a net margin of 7.20%.

Secure Trust Bank Trading Up 5.9 %

LON:STB opened at GBX 578 ($7.48) on Friday. Secure Trust Bank has a 1 year low of GBX 331 ($4.28) and a 1 year high of GBX 950 ($12.29). The stock has a market cap of £110.08 million, a price-to-earnings ratio of 4.28, a PEG ratio of 0.11 and a beta of 0.87. The stock has a 50-day moving average price of GBX 424.96 and a two-hundred day moving average price of GBX 544.28.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of Secure Trust Bank in a research note on Thursday.

About Secure Trust Bank

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.