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Secure Trust Bank
(LSE:STB)
Secure Trust Bank (STB) vs. iShares MSCI United Kingdom ETF (EWC)
Secure Trust Bank Business Overview & Revenue Model
Secure Trust Bank Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 149.50M | 142.10M | 141.80M | 219.70M | 176.50M | 208.30M |
| Gross Profit | 149.50M | 142.10M | 321.30M | 169.30M | 148.80M | 163.00M |
| EBITDA | 45.70M | 39.40M | -6.50M | 42.30M | 59.40M | 22.20M |
| Net Income | 23.60M | 19.70M | 24.30M | 33.70M | 45.60M | 15.40M |
Balance Sheet | ||||||
| Total Assets | 4.29B | 4.12B | 3.78B | 3.38B | 2.89B | 2.66B |
| Cash, Cash Equivalents and Short-Term Investments | 385.90M | 469.00M | 400.30M | 370.10M | 235.70M | 181.50M |
| Total Debt | 1.64B | 459.10M | 495.10M | 451.60M | 54.00M | 54.70M |
| Total Liabilities | 3.91B | 3.76B | 3.43B | 3.05B | 2.58B | 2.39B |
| Stockholders Equity | 374.10M | 360.50M | 344.50M | 326.90M | 302.40M | 270.50M |
Cash Flow | ||||||
| Free Cash Flow | -387.60M | -262.40M | -405.30M | 30.00M | -91.10M | 93.70M |
| Operating Cash Flow | -386.70M | -261.40M | -402.60M | 32.70M | -89.80M | 95.60M |
| Investing Cash Flow | 1.00M | -350.80M | -443.00M | 82.50M | 59.10M | 23.10M |
| Financing Cash Flow | 364.60M | 331.10M | 388.70M | -5.00M | 101.60M | -31.60M |
Secure Trust Bank Technical Analysis
Secure Trust Bank Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ― | ― | ― | ― | 20.20% | 6.12% | |
71 Outperform | £145.27M | 8.91 | 6.22% | 5.71% | 1.68% | -46.69% | |
71 Outperform | £1.60B | 8.43 | 14.68% | 4.83% | 6.25% | 10.48% | |
68 Neutral | £755.43M | 7.11 | 9.14% | ― | -29.12% | 964.19% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | £378.24M | -9.99 | -76.14% | ― | -35.05% | 74.73% | |
63 Neutral | £170.36M | 7.51 | 6.47% | 3.04% | 9.09% | -9.36% |
Secure Trust Bank Corporate Events
Secure Trust Bank PLC announced that its CEO, Ian Corfield, purchased 28,296 ordinary shares in the company on 21 October 2025. This transaction, conducted on the London Stock Exchange, reflects a significant personal investment by the CEO, potentially signaling confidence in the company’s future performance and stability. The purchase may impact stakeholder perceptions positively, reinforcing trust in the bank’s strategic direction.
The most recent analyst rating on (GB:STB) stock is a Hold with a £1029.00 price target. To see the full list of analyst forecasts on Secure Trust Bank stock, see the GB:STB Stock Forecast page.
Secure Trust Bank PLC (STB) is responding to a Financial Conduct Authority (FCA) consultation paper proposing a redress scheme for motor finance commissions. The bank anticipates increasing its provision for motor finance redress by approximately £16 million, bringing the total to £21 million, due to the potential broadening of the redress scheme’s scope. The FCA’s proposal, which is still under consultation, could significantly impact STB’s financials, reducing its Common Equity Tier 1 ratio by about 50 basis points to 12.8%, though still above the regulatory requirement. STB has expressed concerns that the FCA’s approach to assessing unfairness does not align with a recent Supreme Court judgment and plans to engage with the FCA for further discussions.
The most recent analyst rating on (GB:STB) stock is a Hold with a £1029.00 price target. To see the full list of analyst forecasts on Secure Trust Bank stock, see the GB:STB Stock Forecast page.
Secure Trust Bank PLC announced that Andrew Phillips, a Person Discharging Managerial Responsibilities (PDMR), purchased 10 ordinary shares of the company through an automated Dividend Reinvestment Plan at a price of £9.267 per share. This transaction, conducted on the London Stock Exchange, reflects internal confidence in the company’s financial health and could potentially influence stakeholder perceptions positively.
The most recent analyst rating on (GB:STB) stock is a Hold with a £1029.00 price target. To see the full list of analyst forecasts on Secure Trust Bank stock, see the GB:STB Stock Forecast page.
Secure Trust Bank PLC has announced a trading update for the financial year ending December 2025, highlighting a strategic shift away from its Vehicle Finance business, which has been put into run-off. This decision is expected to enhance the bank’s Return on Average Equity over time. Despite a decline in the net lending book by 4.1% in the third quarter, the Core business saw a year-on-year growth of 10.3%, driven by strong performances in Retail Finance and Real Estate Finance. However, the exit from Vehicle Finance has led to higher than expected impairment charges and may necessitate additional provisions for onerous supplier contracts. The bank anticipates that its underlying profit before tax for FY25 will fall short of market expectations by up to £9 million, although it still expects a 30% year-on-year growth in underlying profit before tax.
The most recent analyst rating on (GB:STB) stock is a Buy with a £1199.00 price target. To see the full list of analyst forecasts on Secure Trust Bank stock, see the GB:STB Stock Forecast page.
Secure Trust Bank PLC has announced the granting of options over ordinary shares to its directors and persons discharging managerial responsibilities under the STB 2017 Sharesave Plan. This move, involving key figures such as CEO Ian Corfield and PDMR Andrew Phillips, reflects the company’s commitment to employee investment and retention, with options set to vest in November 2028. The exercise price for these options is set at £9.08 per share, indicating a strategic approach to align the interests of the management with the long-term success of the company.
The most recent analyst rating on (GB:STB) stock is a Buy with a £1199.00 price target. To see the full list of analyst forecasts on Secure Trust Bank stock, see the GB:STB Stock Forecast page.
Secure Trust Bank PLC announced the grant of nil-cost options over ordinary shares under its 2017 Long Term Incentive Plan (LTIP) to key personnel. Ian Corfield was granted options over 66,141 shares, subject to performance conditions, while Luke Jooste received options over 4,724 shares in connection with his recruitment, without performance conditions. These options are part of the bank’s strategy to align executive interests with shareholder value and ensure long-term commitment from its leadership team.
The most recent analyst rating on (GB:STB) stock is a Buy with a £1227.00 price target. To see the full list of analyst forecasts on Secure Trust Bank stock, see the GB:STB Stock Forecast page.
Secure Trust Bank PLC has confirmed the appointment of Ian Corfield as the new CEO, effective 8 September 2025, following the necessary regulatory approvals. This leadership change marks a significant transition for the company as it continues to strengthen its position in the UK retail banking sector, potentially impacting its strategic direction and stakeholder interests.
The most recent analyst rating on (GB:STB) stock is a Buy with a £1227.00 price target. To see the full list of analyst forecasts on Secure Trust Bank stock, see the GB:STB Stock Forecast page.
Secure Trust Bank PLC announced that Kiripaka Capital Limited, closely associated with Jim Brown, Chair of STB, purchased 20,000 ordinary shares at £11.70 each on 19 August 2025. This transaction, conducted on the London Stock Exchange, signifies confidence in the bank’s stability and future prospects, potentially impacting stakeholder perceptions positively.
The most recent analyst rating on (GB:STB) stock is a Buy with a £1227.00 price target. To see the full list of analyst forecasts on Secure Trust Bank stock, see the GB:STB Stock Forecast page.
Secure Trust Bank PLC reported a significant increase in profits for the first half of 2025, with a 36.3% rise in adjusted pre-tax profits to £23.3 million, driven by strong income growth and effective cost management. The bank is undergoing a strategic transformation, including a pivot away from Vehicle Finance, to focus on more profitable areas, and is on track to achieve £8 million in annualized cost savings by the end of 2025. The company also announced a leadership transition with Ian Corfield set to take over as CEO, and plans to unveil a refreshed strategic plan in Q4 2025.
Secure Trust Bank PLC acknowledges the Supreme Court’s recent decisions regarding motor finance commissions, which have provided clarity to the motor finance industry. The company is also monitoring the Financial Conduct Authority’s update on a potential industry-wide compensation scheme to evaluate its impact on their operations. The bank plans to release its interim results for the first half of 2025 on August 14.