Want to see GB:STB full AI Analyst Report?
Top Page
Secure Trust Bank
(LSE:STB)
Select Model
Select Model
Rating:57Neutral
Price Target:
1,660.00 p
▲(3.49% Upside)
Action:Reiterated
Date:08/06/26
The score is held back primarily by weaker and volatile financial performance, including a shift to a 2025 net loss and inconsistent cash-flow history, despite some balance sheet improvement. Technicals are supportive with a clear uptrend and positive momentum, while valuation is reasonable but not compelling enough to offset the financial volatility.
Positive Factors
Improved Capital Position
Debt reduction alongside higher equity strengthens the capital base and improves resilience versus earlier periods when debt exceeded equity. This gives the bank greater capacity to absorb credit losses and manage earnings volatility.
Negative Factors
Profitability Deterioration
The shift from profit to loss despite stronger reported revenue signals material pressure from costs, credit losses, or other profitability headwinds. Persistent earnings weakness could constrain capital generation and reduce the value of balance-sheet growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Capital Position
Debt reduction alongside higher equity strengthens the capital base and improves resilience versus earlier periods when debt exceeded equity. This gives the bank greater capacity to absorb credit losses and manage earnings volatility.
Read all positive factors
Secure Trust Bank (STB) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£283.57M
Dividend Yield2.29%
Average Volume (3M)133.08K
Price to Earnings (P/E)11.8
Beta (1Y)1.55
Revenue Growth-8.35%
EPS Growth5.35%
CountryUK
Employees650
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)1.31
Shares Outstanding18,795,424
10 Day Avg. Volume263,311
30 Day Avg. Volume133,079
Financial Highlights & Ratios
PEG Ratio-1.91
Price to Book (P/B)0.62
Price to Sales (P/S)0.69
P/FCF Ratio1.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)2.53
Revenue Forecast (FY)£180.93M
Secure Trust Bank Business Overview & Revenue Model
Company Description
Secure Trust Bank PLC is a UK-based financial institution offering a diverse array of banking and financial solutions. Its operations are structured across five key divisions: Real Estate Finance, Commercial Finance, Vehicle Finance, Retail Financ...
How the Company Makes Money
STB makes money primarily through (1) net interest income and (2) non-interest income (fees and commissions). Net interest income is earned from the spread between interest received on its loan portfolios (e.g., consumer/retail finance, vehicle fi...
Secure Trust Bank Financial Statement Overview
Summary
Income Statement
47
Neutral
Balance Sheet
56
Neutral
Cash Flow
41
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 315.30M | 339.10M | 142.10M | 141.80M | 219.70M | 176.50M |
| Gross Profit | 115.70M | 107.70M | 142.10M | 321.30M | 169.30M | 148.80M |
| EBITDA | 39.60M | 29.40M | 42.80M | 37.70M | 42.30M | 59.40M |
| Net Income | 24.60M | -9.40M | 19.70M | 24.30M | 33.70M | 45.60M |
Balance Sheet | ||||||
| Total Assets | 3.95B | 4.32B | 4.12B | 3.78B | 3.38B | 2.89B |
| Cash, Cash Equivalents and Short-Term Investments | 317.50M | 528.10M | 469.00M | 400.30M | 370.10M | 235.70M |
| Total Debt | 280.90M | 302.60M | 459.10M | 495.10M | 451.60M | 54.00M |
| Total Liabilities | 3.56B | 3.94B | 3.76B | 3.43B | 3.05B | 2.58B |
| Stockholders Equity | 389.10M | 374.30M | 360.50M | 344.50M | 326.90M | 302.40M |
Cash Flow | ||||||
| Free Cash Flow | 152.40M | 154.80M | -262.40M | -405.30M | 30.00M | -91.10M |
| Operating Cash Flow | 154.70M | 156.40M | -261.40M | -402.60M | 32.70M | -89.80M |
| Investing Cash Flow | 133.00M | -165.90M | -350.80M | -443.00M | 82.50M | 59.10M |
| Financing Cash Flow | -368.10M | 100.30M | 331.10M | 388.70M | -5.00M | 101.60M |
Secure Trust Bank Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | £132.73M | 6.84 | 6.84% | 6.31% | -6.35% | 16.23% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | £190.87M | 19.93 | 8.74% | 6.46% | -20.90% | -41.22% | |
59 Neutral | £1.15B | 21.33 | 7.00% | ― | 0.76% | -49.33% | |
57 Neutral | £283.57M | 11.85 | 4.70% | 2.23% | -8.35% | 5.35% | |
50 Neutral | £4.22M | 4.42 | 15.97% | ― | -106.88% | -66.67% | |
49 Neutral | £60.73M | 560.71 | 0.09% | 12.08% | -15.66% | -96.05% |
* Financial Sector Average
GB:STB
Secure Trust Bank
1,550.00
402.86
35.12%
GB:ARBB
Arbuthnot Banking
800.00
-157.20
-16.42%
GB:LIO
Liontrust Asset Management
310.50
-38.22
-10.96%
GB:MTRO
Metro Bank
170.20
41.00
31.73%
GB:PMI
Premier Asset Management
39.25
-21.50
-35.39%
GB:PRIM
Primorus Investments
3.40
-0.60
-15.00%
Secure Trust Bank Corporate Events
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
Secure Trust Bank posts strong H1 2026 as strategy drives growth and returns
Positive
Aug 13, 2026
Secure Trust Bank reported a strong first-half performance for 2026, underscoring the progress of its new strategy aimed at targeted growth and higher returns. The UK specialist bank grew net lending balances by 4.9% to £3.5bn, maintained a s...
Business Operations and StrategyStock BuybackDividendsM&A Transactions
Secure Trust Bank completes first £5m share buyback tranche and plans next phase
Positive
Aug 6, 2026
Secure Trust Bank has completed the first £5 million tranche of its previously announced £10 million share buyback programme, repurchasing 323,406 ordinary shares between 29 June and 5 August at an average price of 1,546.036 pence. The b...
Business Operations and StrategyStock Buyback
Secure Trust Bank Cancels Newly Repurchased Shares Under Buyback
Positive
Aug 6, 2026
Secure Trust Bank has repurchased 42,034 ordinary shares under its ongoing share buyback programme, conducted between 3 and 5 August 2026 on the London Stock Exchange. The transactions, executed through broker Shore Capital, were carried out at pr...
Business Operations and StrategyStock Buyback
Secure Trust Bank Cancels Shares After Further Buybacks
Positive
Aug 3, 2026
Secure Trust Bank has repurchased 73,997 ordinary shares as part of its ongoing share buyback programme, executed between 27 and 31 July on the London Stock Exchange through broker Shore Capital. The bank plans to cancel these shares, reducing the...
Regulatory Filings and Compliance
Secure Trust Bank Updates Market on Total Voting Rights
Neutral
Aug 3, 2026
Secure Trust Bank has confirmed that as of 31 July 2026 its issued share capital comprised 18,882,488 ordinary shares of 40p each, with no shares held in treasury. This sets the company’s total voting rights at 18,882,488, providing the refe...
Business Operations and StrategyStock Buyback
Secure Trust Bank Cancels New Buyback Shares, Tightening Free Float
Positive
Jul 27, 2026
Secure Trust Bank, a specialist UK retail bank headquartered in Solihull, operates across Business Finance and Retail Finance through its V12 brand, supported by a strong deposit base and full regulatory authorisation. With a trading history spann...
Business Operations and StrategyFinancial Disclosures
Secure Trust Bank Schedules Interim Results and Investor Presentations
Neutral
Jul 22, 2026
Secure Trust Bank, an established and well‑capitalised UK retail bank headquartered in Solihull, will publish its interim results for the half‑year to 30 June 2026 on 13 August 2026. The group’s operations span business finance a...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Secure Trust Bank Cancels Shares After July Buyback Transactions
Positive
Jul 20, 2026
Secure Trust Bank has moved to actively manage its capital structure through a share buyback programme, purchasing 53,716 ordinary shares between 13 and 17 July 2026 on the London Stock Exchange. The transactions, executed via Shore Capital Stockb...
Stock BuybackRegulatory Filings and Compliance
Secure Trust Bank Cancels Newly Repurchased Shares Under Ongoing Buyback
Positive
Jul 13, 2026
Secure Trust Bank has continued to execute its recently launched share buyback programme, repurchasing 46,946 ordinary shares between 6 and 10 July on the London Stock Exchange at volume‑weighted average prices around 1,486p to 1,505p. The r...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Secure Trust Bank Cancels Shares After Launching Buyback Programme
Positive
Jul 6, 2026
Secure Trust Bank has initiated a share buyback programme and purchased 41,136 ordinary shares on the London Stock Exchange between 29 June and 3 July 2026. The purchases were executed at prices ranging from 1,427 pence to 1,486 pence per share, w...
Regulatory Filings and Compliance
Secure Trust Bank Confirms Total Voting Rights at Over 19 Million Shares
Positive
Jul 1, 2026
Secure Trust Bank has confirmed that as of 30 June 2026 its issued share capital comprises 19,118,520 ordinary shares of 40 pence each, with no shares held in treasury, giving a total of 19,118,520 voting rights. This disclosure, made in line with...
Business Operations and StrategyStock Buyback
Secure Trust Bank Starts £10m Share Buyback to Return Surplus Capital
Positive
Jun 29, 2026
Secure Trust Bank has launched the first £5 million tranche of a planned £10 million share buyback, using surplus capital released from the sale of its Consumer Vehicle Finance business to enhance shareholder returns alongside its progre...
DividendsRegulatory Filings and Compliance
Secure Trust Bank Reports PDMR Share Purchase Under Dividend Reinvestment Plan
Positive
Jun 12, 2026
Secure Trust Bank PLC has disclosed that Andrew Phillips, a person discharging managerial responsibilities at the bank, acquired 15 ordinary shares via an automated Dividend Reinvestment Plan at a price of £12.68 per share on 11 June 2026. Th...
Executive/Board Changes
Secure Trust Bank CFO Rachel Lawrence to Retire in 2027
Neutral
Jun 2, 2026
Secure Trust Bank has announced that Chief Financial Officer Rachel Lawrence intends to retire from the board and her executive role during the first half of 2027, after a 35-year career and six years with the group. The board has begun a search f...
Regulatory Filings and Compliance
Secure Trust Bank Confirms Total Voting Rights at 19.1 Million Shares
Neutral
Jun 1, 2026
Secure Trust Bank has confirmed that as of 31 May 2026 its issued share capital stands at 19,116,023 ordinary shares, with no shares held in treasury. This means the total number of voting rights is also 19,116,023, providing shareholders with the...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.