Secure Trust Bank (LON:STB) Releases Earnings Results

Secure Trust Bank (LON:STB) released its quarterly earnings data on Thursday. The company reported GBX 238.90 earnings per share for the quarter, Digital Look Earnings reports. Secure Trust Bank had a net margin of 15.79% and a return on equity of 6.43%.

Here are the key takeaways from Secure Trust Bank’s conference call:

• Medium-term targets: management targets > 16% ROAE delivered via circa 10% annual net lending growth, driven by product expansion, digital solutions and disciplined capital allocation.
• Exit of Vehicle Finance completed (consideration £458.6m) lifts pro‑forma CET1 to 14.7%, freeing capital for strategic use and enabling a planned £10m share buyback over the next 12 months.
• 2025 operating performance was mixed: ROAE 14.3% and PBT ~£59.3m with stable NIM (4.7%) and loan growth (+8.1%), but cost‑to‑income remained 45.2% and cost of risk rose to 1%.
• Cost programme aims to remove >£25m of run‑rate costs by 2028 (≈90% by end‑2027) but requires ~£12m additional one‑off “cost to achieve” (total ~£17m booked), and management guides 2026 C/I around 47%, pressuring near‑term profitability.
• Growth opportunities highlighted: V12 Retail pushing into home improvements and healthcare, Business Finance adding bridging and specialty lending, and digital engagement (≈500k app users) to deepen relationships and expand addressable markets.

Secure Trust Bank Trading Down 1.1%

Shares of STB stock opened at GBX 1,380 on Friday. The firm has a market capitalization of £257.58 million, a P/E ratio of 13.61, a PEG ratio of 0.11 and a beta of 0.94. The firm’s fifty day moving average price is GBX 1,437.08 and its two-hundred day moving average price is GBX 1,178.18. Secure Trust Bank has a 1 year low of GBX 494 and a 1 year high of GBX 1,550.

Insider Activity at Secure Trust Bank

In related news, insider Ian Corfield acquired 19,419 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The stock was purchased at an average price of GBX 1,281 per share, for a total transaction of £248,757.39. 20.66% of the stock is owned by company insiders.

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.

The Group’s diversified lending portfolio currently focuses on two sectors:

• Business finance through its Real Estate Finance and Commercial Finance divisions, and
• Consumer finance through its Vehicle Finance and Retail Finance divisions.

Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Secure Trust Bank PLC, Yorke House, Arleston Way, Solihull, B90 4LH.