Secure Trust Bank (LON:STB) Receives "House Stock" Rating from Shore Capital Group

Key Points

• Shore Capital Group reissued its "house stock" rating on Secure Trust Bank (LON:STB) in a research note published Monday.
• Shares opened at GBX 1,318, trading within a one‑year range of GBX 538–1,550, with a market cap of £246.8m and valuation metrics of P/E 14.81 and PEG 0.11.
• Secure Trust Bank reported quarterly EPS of GBX 238.90, with a return on equity of 4.70% and net margin of 7.95%, and analysts forecast about 214.29 EPS for the current year.

Secure Trust Bank (LON:STB - Get Free Report)'s stock had its "house stock" rating reissued by stock analysts at Shore Capital Group in a research note issued to investors on Monday,London Stock Exchange reports.

Secure Trust Bank Stock Performance

LON:STB opened at GBX 1,318 on Monday. Secure Trust Bank has a 1 year low of GBX 538 and a 1 year high of GBX 1,550. The stock has a market cap of £246.80 million, a price-to-earnings ratio of 14.81, a PEG ratio of 0.11 and a beta of 0.94. The business has a fifty day moving average of GBX 1,400.03 and a 200-day moving average of GBX 1,211.49.

Secure Trust Bank (LON:STB - Get Free Report) 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 return on equity of 4.70% and a net margin of 7.95%. On average, equities research analysts predict that Secure Trust Bank will post 214.2857143 EPS for the current year.

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.

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