Secure Trust Bank (LON:STB) Announces Quarterly Earnings Results

Secure Trust Bank (LON:STB) released its earnings results on Thursday. The company reported GBX 238.90 EPS 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%.

Secure Trust Bank Stock Performance

Shares of STB opened at GBX 1,400 on Thursday. The company has a 50-day simple moving average of GBX 1,434.08 and a 200-day simple moving average of GBX 1,176.66. The firm has a market capitalization of £261.31 million, a P/E ratio of 13.81, a P/E/G ratio of 0.11 and a beta of 0.94. Secure Trust Bank has a 52 week low of GBX 430 and a 52 week high of GBX 1,550.

Insider Buying and Selling at Secure Trust Bank

In other news, insider Ian Corfield bought 19,419 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were acquired at an average cost of GBX 1,281 per share, with a total value of £248,757.39. Insiders own 20.66% of the company’s stock.

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.