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

Shore Capital reaffirmed their house stock rating on shares of Secure Trust Bank (LON:STB) in a report published on Thursday,Digital Look reports.

Secure Trust Bank Price Performance

Shares of STB stock opened at GBX 578 ($7.48) on Thursday. The firm’s 50-day moving average is GBX 424.96 and its two-hundred day moving average is GBX 541.89. Secure Trust Bank has a 12 month low of GBX 331 ($4.28) and a 12 month high of GBX 950 ($12.29). The company has a market capitalization of £110.08 million, a PE ratio of 4.28, a price-to-earnings-growth ratio of 0.11 and a beta of 0.87.

Secure Trust Bank (LON:STB) last issued its earnings results on Thursday, March 13th. The company reported GBX 103.40 ($1.34) EPS for the quarter. Secure Trust Bank had a net margin of 7.20% and a return on equity of 7.43%. Sell-side analysts forecast that Secure Trust Bank will post 214.2857143 EPS for the current year.

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.