Secure Trust Bank (LON:STB) Announces Earnings Results

Secure Trust Bank (LON:STB) issued its 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 return on equity of 7.43% and a net margin of 7.20%.

Secure Trust Bank Trading Up 22.3 %

STB stock traded up GBX 93.70 ($1.22) during mid-day trading on Thursday, hitting GBX 513.70 ($6.66). 358,262 shares of the company were exchanged, compared to its average volume of 139,614. The company has a market capitalization of £97.83 million, a PE ratio of 3.80, a price-to-earnings-growth ratio of 0.11 and a beta of 0.87. Secure Trust Bank has a twelve month low of GBX 331 ($4.29) and a twelve month high of GBX 950 ($12.32). The firm has a fifty day simple moving average of GBX 416.80 and a 200 day simple moving average 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.