Secure Trust Bank (LON:STB) Issues Earnings Results

Secure Trust Bank (LON:STB) released its earnings results on Thursday. The company reported GBX 103.40 ($1.34) earnings per share 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 Stock Up 18.3 %

Shares of STB opened at GBX 497 ($6.45) on Thursday. The stock has a market cap of £94.65 million, a price-to-earnings ratio of 3.68, a P/E/G ratio of 0.11 and a beta of 0.87. Secure Trust Bank has a 12 month low of GBX 331 ($4.29) and a 12 month high of GBX 950 ($12.32). The company has a 50-day moving average price of GBX 416.80 and a two-hundred day moving average price of GBX 548.73.

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.