Shore Capital Group Reaffirms House Stock Rating for Secure Trust Bank (LON:STB)

Secure Trust Bank (LON:STB)‘s stock had its “house stock” rating reissued by equities research analysts at Shore Capital Group in a research note issued on Thursday,London Stock Exchange reports.

Secure Trust Bank Price Performance

STB stock opened at GBX 1,272 on Thursday. Secure Trust Bank has a 1 year low of GBX 588 and a 1 year high of GBX 1,550. The company has a market cap of £238.18 million, a P/E ratio of 14.29, a PEG ratio of 0.11 and a beta of 1.00. The firm has a 50-day moving average of GBX 1,317.83 and a 200 day moving average of GBX 1,252.86.

Secure Trust Bank (LON:STB) last released its quarterly earnings results on Thursday, March 12th. The company reported GBX 238.90 earnings per share (EPS) for the quarter. Secure Trust Bank had a net margin of 7.95% and a return on equity of 4.70%. On average, equities research analysts expect that Secure Trust Bank will post 214.2857143 earnings per share for the current fiscal year.

Insider Transactions at Secure Trust Bank

In other Secure Trust Bank news, insider Rachel Lawrence sold 9,975 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of GBX 1,400, for a total transaction of £139,650. 20.48% of the stock is currently owned by insiders.

About Secure Trust Bank

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.