Secure Trust Bank’s (STB) “House Stock” Rating Reaffirmed at Shore Capital Group

Secure Trust Bank (LON:STB)‘s stock had its “house stock” rating reaffirmed by investment analysts at Shore Capital Group in a report issued on Tuesday,London Stock Exchange reports.

Secure Trust Bank Price Performance

Shares of Secure Trust Bank stock opened at GBX 1,284 on Tuesday. The business’s 50 day simple moving average is GBX 1,293.85 and its two-hundred day simple moving average is GBX 1,281.44. The stock has a market capitalization of £240.43 million, a P/E ratio of 14.43, a price-to-earnings-growth ratio of 0.11 and a beta of 0.97. Secure Trust Bank has a one year low of GBX 680 and a one year high of GBX 1,550.

Secure Trust Bank (LON:STB) last announced its quarterly earnings results on Thursday, March 12th. The company reported GBX 238.90 EPS for the quarter. Secure Trust Bank had a return on equity of 4.70% and a net margin of 7.95%. Sell-side analysts expect that Secure Trust Bank will post 214.2857143 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Rachel Lawrence sold 9,975 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of GBX 1,400, for a total transaction of £139,650. Company insiders own 20.48% of the company’s stock.

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.

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.