Secure Trust Bank (LON:STB) Releases Earnings Results

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

Secure Trust Bank Price Performance

Shares of STB stock opened at GBX 572 ($7.41) on Friday. The business has a 50-day moving average of GBX 420.50 and a 200 day moving average of GBX 546.39. The stock has a market capitalization of £108.94 million, a PE ratio of 4.23, a P/E/G ratio of 0.11 and a beta of 0.87. Secure Trust Bank has a 1-year low of GBX 331 ($4.29) and a 1-year high of GBX 950 ($12.31).

Analysts Set New Price Targets

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

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.