Secure Trust Bank (LON:STB) Earns House Stock Rating from Shore Capital

Secure Trust Bank (LON:STB)‘s stock had its “house stock” rating reiterated by analysts at Shore Capital in a note issued to investors on Thursday,Digital Look reports.

Secure Trust Bank Stock Up 5.9 %

Secure Trust Bank stock opened at GBX 578 ($7.48) on Thursday. The business has a 50 day moving average price of GBX 424.96 and a two-hundred day moving average price of GBX 544.28. The stock has a market cap of £110.08 million, a price-to-earnings ratio of 4.28, a price-to-earnings-growth ratio of 0.11 and a beta of 0.87. Secure Trust Bank has a 12 month low of GBX 331 ($4.28) and a 12 month high of GBX 950 ($12.29).

Secure Trust Bank (LON:STB) last posted its quarterly earnings results on Thursday, March 13th. The company reported GBX 103.40 ($1.34) EPS for the quarter. Secure Trust Bank had a return on equity of 7.43% and a net margin of 7.20%. On average, analysts expect that Secure Trust Bank will post 214.2857143 earnings per share for the current fiscal 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.