tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Secure Trust Bank CEO Increases Stake with £0.5m Share Purchase

Story Highlights
Secure Trust Bank CEO Increases Stake with £0.5m Share Purchase

Claim 50% Off TipRanks Premium

An announcement from Secure Trust Bank ( (GB:STB) ) is now available.

Secure Trust Bank PLC has disclosed that its CEO, Ian Corfield, has purchased a total of 38,617 ordinary shares in the bank over two consecutive days in early January, with 19,419 shares acquired on 5 January 2026 at an average price of £12.808 and a further 19,198 shares bought on 6 January 2026 at an average price of £12.956, all on the London Stock Exchange. The purchases, formally notified as dealings by a person discharging managerial responsibilities, increase the chief executive’s personal stake in the business and may be read by investors as a vote of confidence in the bank’s current valuation and strategic direction amid its ongoing focus on diversified business and consumer finance lending.

The most recent analyst rating on (GB:STB) stock is a Buy with a £1138.00 price target. To see the full list of analyst forecasts on Secure Trust Bank stock, see the GB:STB Stock Forecast page.

Spark’s Take on GB:STB Stock

According to Spark, TipRanks’ AI Analyst, GB:STB is a Outperform.

Secure Trust Bank’s overall score is driven by its attractive valuation and positive technical indicators, suggesting potential for price appreciation. However, financial performance is constrained by profitability and cash flow challenges. Corporate events highlight insider confidence but also regulatory risks.

To see Spark’s full report on GB:STB stock, click here.

More about Secure Trust Bank

Secure Trust Bank PLC is an established, well‑capitalised UK retail bank with a 72‑year trading history, operating primarily from Solihull in the West Midlands. The group maintains a diversified lending portfolio focused on Business Finance, through its Real Estate Finance and Commercial Finance divisions, and Consumer Finance via its V12 Retail Finance division, and is authorised and regulated by UK prudential and conduct regulators.

Average Trading Volume: 96,209

Technical Sentiment Signal: Buy

Current Market Cap: £240.7M

See more insights into STB stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1