Secure Trust Bank (STB)

Company name:	Secure Trust Bank Plc
EPIC:	STB	Trading Currency:	GBX
Market Sector:	SSC5	ISIN:	GB00B6TKHP66
Market Segment:	SSMM	Share Type:	DE
WWW Address:		Description:	ORD 40P
Industry Sector:	BANKS

Price	Price Change [%]	Bid	Offer	Open	High	Low	Volume
738.00	0.0 [0.00]	730.00	750.00	-	-	-	14,169
Market Cap. [m]	Shares In Issue [m]	Beta	EPS	DPS	PE Ratio	Yield	52-Wks-Range
137.63	18.65	0.70	244.70	61.10	3.02	8.28	1,355.00 - 608.00

Secure Trust Bank Key Figures

(at previous day's close)
Market Cap.	137.63	m
Shares In Issue	18.65	m
Prev. Close	738.00
PE Ratio	3.02
Dividend Yield	8.28	%
EPS - basic	244.70	p
Dividend PS	61.10	p
Dividend Cover	4.00
Cash Flow PS	-481.51	p
Return On Equity (ROE)	15.08	%
Operating Margin	31.11	%
PEG Factor	0.02
EPS Growth Rate	181.26	%
Dividends PS Growth Rate	38.86	%
Net Debt	2,347.80	m
Gross Gearing	89.52	%
Quick Assets	2,822.10	m
Net Working Capital	-	m
Intangibles / Fixed Assets	10.82	%
Turnover PS	965.17	p
Pre-Tax Profit PS	300.28	p
Retained Profit PS	244.51	p
Cash PS	1,263.84	p
Net Cash PS	1,263.84	p
Net Tangible Asset Value PS *	1,584.49	p
Net Asset Value PS	1,621.49	p
Spread	20.00 (2.67%)
* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Secure Trust Bank Balance Sheet

Share Price Performance

Sample Period ^†	High	Low
1 week	750.00	710.00
4 weeks	760.00	706.00
12 weeks	788.00	626.00
1 year	1,355.00	608.00

Share Price Chart (5 years)

Secure Trust Bank Historic Returns

Period ^†	Open	Change	%	Open Avg.	Avg. Daily Vol [m]	Total Vol [m]	VWAP
1 week	720.00	18.00	2.50	710.00	0.01		728.49
4 weeks	740.00	-2.00	-0.27	706.00	0.02		726.12
12 weeks	654.00	84.00	12.84	626.00	0.03		676.96
26 weeks	1,250.00	-512.00	-40.96	608.00	0.02		774.92
1 year	1,335.00	-597.00	-44.72	608.00	0.02		971.05
3 years	1,550.00	-812.00	-52.39	550.00	0.03		1,021.90
5 years	1,760.00	-1,022.00	-58.07	550.00	0.02		1,181.40
† periods calculated are whole weeks rather than calendar months

Secure Trust Bank Key Management Ratios

Secure Trust Bank Investment Ratios

(Market value analysis) at previous day's close
PQ Ratio	-
PE Ratio	3.02
Tobin's Q Ratio	0.05
Tobin's Q Ratio (excl. intangibles)	0.05
Dividend Yield	8.28	%
Market-to-Book Ratio	0.46
Price-to-Pre-Tax Profit PS	2.46
Price-to-Retained Profit PS	3.02
Price-to-Cash Flow PS	-1.53
Price-to-Sales PS	0.76
Price-to-Net Tangible Asset Value PS	0.47
Price-to-Cash PS	0.58
Net Working Capital PS	-
Price Pct to Working Capital PS	-	%
Earnings Yield	33.16	%
Average PE	9.27
Years in average	5
PE to PE average	32.53	%

Secure Trust Bank Financial Ratios

(Leverage Ratios)
Debt Ratio	89.52	%
Debt-to-Equity Ratio	8.54
Debt-to-Equity Ratio (excl. Intgbl)	8.74
Debt-to-Equity Market Value	18.77
Net Gearing	81.35	%
Net Gearing (excl. Intangibles)	81.55	%
Gross Gearing	89.52	%
Gross Gearing (excl. Intangibles)	89.74	%
Gearing Under 1 Year	-	%
Gearing Under 1 Year (excl. Intgbl)	-	%
Assets/Equity	9.54
Cash/Equity	77.94
(Liquidity Ratios)
Net Working Capital to Total Assets	97.79	%
Current Ratio	-
Quick Ratio (Acid Test)	-
Liquidity Ratio	-
Cash & Equiv/Current Assets	8.35	%
(Solvency Ratios)
Enterprise Value	2,485.43	m
CFO/Sales	-0.50
CFO/Attributable Profit	-
CFO/Assets	-0.03
CFO/Debt	-0.03
Total Debt/Equity Market Value	18.77
Total Debt/Sales	14.35
Total Debt/Pre-Tax Profit	46.13
Total Debt	2,583.50	m
Total Debt/Net Current Assets	0.92	%
(Dodds - Graham Ratios)
3 yr Compound Earnings Growth	13.29	%
5 yr Compound Earnings Growth	13.70	%
10 yr Compound Earnings Growth	8.43	%
Earn drops > 5% in 10yrs	3

Beta (60-Mnth)	Beta (36-Mnth)
0.6973	0.4345

Secure Trust Bank Operating Ratios

(Profitability Ratios)
Return On Capital Employed (ROCE)	1.94	%
Return On Assets (ROA)	1.64	%
Net Profit Margin	25.33	%
Assets Turnover	0.06
Return On Equity (ROE)	15.08	%
Return On Investment (ROI)	1.64	%
Dividend Payout Ratio	24.97	%
Plowback Ratio	75.03	%
Growth from Plowback Ratio	11.94	%
Net Income Of Revenues	25.33	%
(Asset Utilisation Multiples)
Shareholders Equity Turnover	0.63
Fixed Assets Turnover	3.04
Current Assets Turnover	0.07
Net Working Capital Turnover
Inventory Turnover	-
(Other Operating Ratios)
Total Assets-to-Sales	15.42
Debtors-to-Sales	1,392.56	%
Debt Collection Period	5,082.83	Days

Secure Trust Bank Dividends

Announcement Date	Type	Curr.	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
04 Aug 2022	Interim	GBX	16.00	31/12/2021	31/12/2022	25/08/2022	26/08/2022	26/09/2022	-
24 Mar 2022	Final	GBX	41.10	31/12/2020	31/12/2021	21/04/2022	22/04/2022	19/05/2022	61.10
05 Aug 2021	Interim	GBX	20.00	31/12/2020	31/12/2021	26/08/2021	27/08/2021	27/09/2021	-
25 Mar 2021	Final	GBX	44.00	31/12/2019	31/12/2020	22/04/2021	23/04/2021	21/05/2021	44.00
07 Aug 2019	Interim	GBX	20.00	31/12/2018	31/12/2019	29/08/2019	30/08/2019	27/09/2019	20.00
28 Mar 2019	Final	GBX	64.00	31/12/2017	31/12/2018	25/04/2019	26/04/2019	24/05/2019	83.00
08 Aug 2018	Interim	GBX	19.00	31/12/2017	31/12/2018	31/08/2018	01/09/2018	28/09/2018	-
22 Mar 2018	Final	GBX	61.00	31/12/2016	31/12/2017	26/04/2018	27/04/2018	25/05/2018	79.00
22 Aug 2017	Interim	GBX	18.00	31/12/2016	31/12/2017	31/08/2017	01/09/2017	29/09/2017	-
23 Mar 2017	Final	GBX	57.00	31/12/2015	31/12/2016	17/04/2017	18/04/2017	12/05/2017	75.00
19 Jul 2016	Interim	GBX	17.00	31/12/2015	31/12/2016	25/08/2016	26/08/2016	23/09/2016	-
17 Mar 2016	Special	GBX	165.00	31/12/2014	31/12/2015	07/04/2016	08/04/2016	27/07/2016	-
17 Mar 2016	Final	GBX	55.00	31/12/2014	31/12/2015	07/04/2016	08/04/2016	06/05/2016	72.00
24 Jul 2015	Interim	GBX	17.00	31/12/2014	31/12/2015	20/08/2015	21/08/2015	18/09/2015	-
19 Mar 2015	Final	GBX	52.00	31/12/2013	31/12/2014	16/04/2015	17/04/2015	15/05/2015	68.00
22 Jul 2014	Interim	GBX	16.00	31/12/2013	31/12/2014	20/08/2014	22/08/2014	19/09/2014	-
20 Mar 2014	Final	GBX	47.00	31/12/2012	31/12/2013	09/04/2014	11/04/2014	09/05/2014	62.00
18 Jul 2013	Interim	GBX	15.00	31/12/2012	31/12/2013	21/08/2013	23/08/2013	20/09/2013	-
21 Mar 2013	Final	GBX	43.00	31/12/2011	31/12/2012	10/04/2013	12/04/2013	10/05/2013	57.00
26 Jul 2012	Interim	GBX	14.00	31/12/2011	31/12/2012	22/08/2012	24/08/2012	21/09/2012	-
15 Mar 2012	Final	GBX	4.20	31/12/2010	31/12/2011	18/04/2012	20/04/2012	18/05/2012	4.20

Secure Trust Bank Fundamentals

	31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)		31 Dec 2021 (GBP)
turnover	169.20	100.00%	191.40	100.00%	192.50	100.00%	180.00	100.00%	m
pre tax profit	34.70	20.51%	38.70	20.22%	20.10	10.44%	56.00	31.11%	m
attributable profit	28.30	16.73%	31.10	16.25%	16.20	8.42%	45.60	25.33%	m
retained profit	13.50	7.98%	15.60	8.15%	16.20	8.42%	45.60	25.33%	m
eps - basic (p)	153.20		168.30		87.00		244.70
eps - diluted (p)	150.90		166.40		85.20		239.40
dividends per share	83.00		20.00		44.00		61.10

Secure Trust Bank Balance Sheet

	31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)		31 Dec 2021 (GBP)


	31 Dec 2018 (GBP)		31 Dec 2019 (GBP)		31 Dec 2020 (GBP)		31 Dec 2021 (GBP)
ASSETS
fixed assets	11.00	0.45%	11.30	0.42%	9.90	0.37%	11.50	0.40%	m
intangibles	9.90	0.41%	12.60	0.47%	10.60	0.40%	6.90	0.24%	m
fixed investments	172.10	7.04%	47.10	1.76%	34.00	1.28%	45.40	1.57%	m
current assets - other	-	-%	-	-%	-	-%	1.30	0.05%	m
stocks	-	-%	-	-%	-	-%	-	-%	m
debtors	2,081.60	85.16%	2,506.00	93.41%	2,428.10	91.14%	2,585.10	89.58%	m
cash & securities	169.70	6.94%	105.80	3.94%	181.50	6.81%	235.70	8.17%	m

TOTAL	2,444.30	100%	2,682.80	100%	2,664.10	100%	2,885.90	100%	m

LIABILITIES
creditors - short	-	-%	-	-%	-	-%	-	-%	m
creditors - long	-	-%	-	-%	-	-%	-	-%	m
creditors - other	2,156.80	88.24%	2,378.10	88.64%	2,342.80	87.94%	2,532.60	87.76%	m
subordinated loans	50.40	2.06%	50.60	1.89%	50.80	1.91%	50.90	1.76%	m
insurance funds	-	-%	-	-%	-	-%	-	-%	m

TOTAL	2,207.20	90.30%	2,428.70	90.53%	2,393.60	89.85%	2,583.50	89.52%	m

EQUITY
ord cap, reserves	237.10	9.70%	254.10	9.47%	270.50	10.15%	302.40	10.48%	m
prefs, minorities	-	-%	-	-%	-	-%	-	-%	m

TOTAL	237.10	9.70%	254.10	9.47%	270.50	10.15%	302.40	10.48%	m

OTHER
NAV Basic	-		-		-		-
NAV Diluted	-		-		-		-

Secure Trust Bank Cash Flow Statement

	31 Dec 2018 (GBP)	31 Dec 2019 (GBP)	31 Dec 2020 (GBP)	31 Dec 2021 (GBP)
Operating CF	-227.80	-205.20	95.60	-89.80	m
Pre-Financing CF	-230.30	-88.70	118.70	-30.70	m
Retained CF	-45.90	-60.30	87.10	70.90	m

Secure Trust Bank Brokers

Name	Activity	Type	Mnemonic	Code
Winterflood Securities Ltd	Market Maker(MMF)	Broker/Dealer	WINS	WNTSGB2LBIC