Secure Trust Bank PLC (GB:STB)
LSE:STB
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Secure Trust Bank
(LSE:STB)
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Rating:54Neutral
Price Target:
1,423.00 p
▲(10.31% Upside)
Action:ReiteratedDate:03/13/26
The score is held back primarily by weakened financial performance (2025 net loss and historically volatile cash flow quality) and bearish technical momentum (below key moving averages with negative MACD). These are partially offset by a very low P/E and a modest dividend yield, which make the valuation attractive if profitability stabilizes.
Positive Factors
Strong recent revenue growth
A large revenue increase in 2025 signals expanding lending volumes or pricing power in core specialist lending lines. Sustained top-line growth materially boosts net interest income potential and scale economics, improving the bank's ability to absorb credit shocks and reinvest in origination capacity.
Negative Factors
Profitability volatility
A swing to a net loss after recent profitability highlights earnings instability, which weakens internal capital generation and constrains strategic investment. Persistent volatility undermines confidence in sustainable returns and may force conservative lending or provisioning that limits medium-term growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong recent revenue growth
A large revenue increase in 2025 signals expanding lending volumes or pricing power in core specialist lending lines. Sustained top-line growth materially boosts net interest income potential and scale economics, improving the bank's ability to absorb credit shocks and reinvest in origination capacity.
Read all positive factors
Secure Trust Bank (STB) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£228.71M
Dividend Yield2.66%
Average Volume (3M)133.08K
Price to Earnings (P/E)―
Beta (1Y)1.28
Revenue Growth9.09%
EPS Growth-9.36%
CountryUK
Employees915
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)0.05
Shares Outstanding19,104,956
10 Day Avg. Volume263,311
30 Day Avg. Volume133,079
Financial Highlights & Ratios
PEG Ratio2.83
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)2.46
Revenue Forecast (FY)£188.00M
Secure Trust Bank Business Overview & Revenue Model
Company Description
Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. It operates through Real Estate Finance, Commercial Finance, Vehicle Finance, Retail Finance, and Debt Management segments. The Real Estate Finance s...
How the Company Makes Money
STB primarily makes money through net interest income: it earns interest on loans and other interest-earning assets and pays interest on customer deposits and other funding, with the spread (net interest margin) forming a core revenue stream. On t...
Secure Trust Bank Financial Statement Overview
Summary
Income Statement
47
Neutral
Balance Sheet
56
Neutral
Cash Flow
41
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 339.10M | 142.10M | 141.80M | 219.70M | 176.50M |
| Gross Profit | 107.70M | 142.10M | 321.30M | 169.30M | 148.80M |
| EBITDA | 29.40M | 39.40M | -6.50M | 42.30M | 59.40M |
| Net Income | -9.40M | 19.70M | 24.30M | 33.70M | 45.60M |
Balance Sheet | |||||
| Total Assets | 4.32B | 4.12B | 3.78B | 3.38B | 2.89B |
| Cash, Cash Equivalents and Short-Term Investments | 528.10M | 469.00M | 400.30M | 370.10M | 235.70M |
| Total Debt | 302.60M | 459.10M | 495.10M | 451.60M | 54.00M |
| Total Liabilities | 3.94B | 3.76B | 3.43B | 3.05B | 2.58B |
| Stockholders Equity | 374.30M | 360.50M | 344.50M | 326.90M | 302.40M |
Cash Flow | |||||
| Free Cash Flow | 154.80M | -262.40M | -405.30M | 30.00M | -91.10M |
| Operating Cash Flow | 156.40M | -261.40M | -402.60M | 32.70M | -89.80M |
| Investing Cash Flow | -165.90M | -350.80M | -443.00M | 82.50M | 59.10M |
| Financing Cash Flow | 100.30M | 331.10M | 388.70M | -5.00M | 101.60M |
Secure Trust Bank Technical Analysis
Negative
1290.00
Price Trends
1421.40
Negative
1259.61
Negative
1129.20
Positive
Market Momentum
-59.61
Positive
28.84
Positive
24.13
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:STB, the sentiment is Negative. The current price of 1290 is below the 20-day moving average (MA) of 1341.25, below the 50-day MA of 1421.40, and above the 200-day MA of 1129.20, indicating a neutral trend. The MACD of -59.61 indicates Positive momentum. The RSI at 28.84 is Positive, neither overbought nor oversold. The STOCH value of 24.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:STB.
Secure Trust Bank Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | £142.44M | 3.30 | 6.10% | 5.68% | 1.68% | -46.69% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | £144.64M | 11.47 | 9.72% | 21.31% | -15.65% | -12.27% | |
54 Neutral | £228.71M | -24.74 | 4.70% | 2.66% | 9.09% | -9.36% | |
52 Neutral | £67.73M | 34.94 | 1.07% | 11.43% | -3.99% | -36.07% | |
48 Neutral | £4.38M | -1.85 | -12.33% | ― | ― | ― | |
47 Neutral | £764.94M | 11.65 | 5.16% | ― | -29.12% | 964.19% |
* Financial Sector Average
GB:STB
Secure Trust Bank
1,225.00
658.92
116.40%
GB:ARBB
Arbuthnot Banking
880.00
61.04
7.45%
GB:LIO
Liontrust Asset Management
238.00
-78.49
-24.80%
GB:MTRO
Metro Bank
113.60
24.50
27.50%
GB:PMI
Premier Asset Management
43.50
-1.90
-4.19%
GB:PRIM
Primorus Investments
3.50
-0.15
-4.11%
Secure Trust Bank Corporate Events
Business Operations and StrategyStock BuybackDividendsFinancial DisclosuresM&A Transactions
Secure Trust Bank sets higher-return growth targets after simplifying business and strengthening capital
Positive
Mar 12, 2026
Secure Trust Bank reported resilient 2025 results, with continuing profit before tax broadly flat at £59.3m, net lending up 8.1% to £3.3bn and customer deposits up 8.2% to £3.5bn. The bank improved its cost-income ratio to 45.2%, ke...
Regulatory Filings and Compliance
Secure Trust Bank Updates Market on Share Capital and Voting Rights
Neutral
Mar 2, 2026
Secure Trust Bank has confirmed that as of 28 February 2026 its issued share capital comprises 19,104,955 ordinary shares, with no shares held in treasury, giving a total of 19,104,955 voting rights. This updated share capital and voting rights fi...
Business Operations and StrategyM&A Transactions
Secure Trust Bank completes sale of Consumer Vehicle Finance arm
Positive
Feb 25, 2026
Secure Trust Bank has completed the sale of its Consumer Vehicle Finance business to funds managed by LCM Partners, following previously announced plans to exit this segment. The disposal streamlines the group’s consumer finance activities a...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Secure Trust Bank lifts profits and capital as vehicle finance sale boosts firepower
Positive
Feb 5, 2026
Secure Trust Bank reported that adjusted profit before tax for 2025 was in line with consensus at £51.1m, more than 30% higher year-on-year, as total net lending rose to £3.7bn and continuing operations grew their loan book by 8.1%. Reta...
Regulatory Filings and Compliance
Secure Trust Bank Confirms Total Voting Rights and Share Capital
Neutral
Feb 2, 2026
Secure Trust Bank PLC has confirmed that, as at 31 January 2026, its issued share capital comprises 19,099,513 ordinary shares of 40p each, with no shares held in treasury, giving a total of 19,099,513 voting rights. This disclosure clarifies the ...
Other
Secure Trust Bank CEO Increases Stake with £0.5m Share Purchase
Positive
Jan 7, 2026
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 £12.8...
Regulatory Filings and Compliance
Secure Trust Bank Confirms Total Voting Rights Ahead of Year-End
Neutral
Dec 31, 2025
Secure Trust Bank has confirmed that, as of 31 December 2025, its issued share capital stands at 19,097,256 ordinary shares of 40p each, with no shares held in treasury. This establishes the total number of voting rights at 19,097,256, a key refer...
Business Operations and StrategyM&A Transactions
Secure Trust Bank Sells Consumer Vehicle Finance Arm to Boost Capital and Refocus Strategy
Positive
Dec 24, 2025
Secure Trust Bank has agreed to sell its Consumer Vehicle Finance business, including its portfolio of hire purchase and personal contract purchase loans and the Moneyway brand, to funds managed by LCM Partners for an estimated £458.6 million...
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.