Shares of Secure Trust Bank PLC (LON:STB – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 524.35 ($6.79) and traded as high as GBX 604 ($7.82). Secure Trust Bank shares last traded at GBX 596.29 ($7.72), with a volume of 104,993 shares traded.
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a “house stock” rating on shares of Secure Trust Bank in a research report on Thursday, March 13th.
Read Our Latest Stock Report on STB
Secure Trust Bank Stock Down 0.6 %
Secure Trust Bank (LON:STB – Get Free Report) last posted its quarterly earnings data on Thursday, March 13th. The company reported GBX 103.40 ($1.34) earnings per share (EPS) for the quarter. Secure Trust Bank had a return on equity of 7.43% and a net margin of 7.20%. Analysts predict that Secure Trust Bank PLC will post 214.2857143 earnings per share for the current fiscal year.
Secure Trust Bank Increases Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, April 24th will be paid a GBX 22.50 ($0.29) dividend. This is an increase from Secure Trust Bank’s previous dividend of $11.30. This represents a yield of 3.92%. The ex-dividend date is Thursday, April 24th. Secure Trust Bank’s dividend payout ratio is currently 20.71%.
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.
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