We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now


It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

STB Secure Trust Bank Plc

0.00 (0.0%)
06 Dec 2023 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Secure Trust Bank Plc LSE:STB London Ordinary Share GB00B6TKHP66 ORD 40P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 660.00 7,151 16:26:55
Bid Price Offer Price High Price Low Price Open Price
650.00 662.00 660.00 648.00 648.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 185.1M 33.7M 1.7747 3.72 125.33M
Last Trade Time Trade Type Trade Size Trade Price Currency
17:08:54 O 186 660.00 GBX

Secure Trust Bank (STB) Latest News

Secure Trust Bank (STB) Discussions and Chat

Secure Trust Bank Forums and Chat

Date Time Title Posts
29/11/202315:25Secure Trust719
23/10/201907:34Secure Trust Bank-

Add a New Thread

Secure Trust Bank (STB) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-12-06 17:09:12660.001861,227.60O
2023-12-06 17:01:19660.035593,689.58O
2023-12-06 16:45:08660.0032211.20O
2023-12-06 16:35:05660.008775,788.20UT
2023-12-06 16:26:55660.0016.60AT

Secure Trust Bank (STB) Top Chat Posts

Top Posts
Posted at 06/12/2023 08:20 by Secure Trust Bank Daily Update
Secure Trust Bank Plc is listed in the Commercial Banks, Nec sector of the London Stock Exchange with ticker STB. The last closing price for Secure Trust Bank was 660p.
Secure Trust Bank currently has 18,989,577 shares in issue. The market capitalisation of Secure Trust Bank is £125,331,208.
Secure Trust Bank has a price to earnings ratio (PE ratio) of 3.72.
This morning STB shares opened at 648p
Posted at 13/11/2023 11:54 by kenmitch
Hi Brucie5

I hope you followed up the suggestion to have a good look at Good Energy? News today has sent the share price well up again so far today. If Good is half as good as YU and TEP it will be a big winner.

STB also looking good. Very optimistic that can continue.
Posted at 10/11/2023 13:10 by kenmitch

Fwiw STB looks a stunning bargain. Though I take Broker price targets with a pinch of salt, Shore Capital reckoning the share could triple could prove correct in time. Current PE is 3 so a tripling share price would still mean a lowly 9 PE.

STB gets 98 for value on Stockopedia and the share is down about 75% from peak. It looks way oversold. And scope to increase the 8.7% dividend in time too.

Gets 99 on Stockopedia.

I bought recently at £6 and added more today a bit higher. And today it’s a rare gainer in a sea of red.

BTW….another very cheap looking share is GOOD which like STB is up even today. SCSW hasn’t had many successes for a while but GOOD highlighted at 176p in their October update could well prove an exception. IF earnings forecasts are to be believed upside looks very big! 18.6 eps and 9 PE to 12/24 and 33.2p and 5.2 PE to 12/25 and 69.2p and 2.5 PE to 12/26. I bought higher at a bit over £2 and added today.
Posted at 09/11/2023 17:01 by wallywoo
People are lazy, why don't you check the holding rns statement?Just under 1.8m shares (9.5%). However, 99% of pundits and management seem confused why this is soo cheap. Just look at the presentation to see that.In my experience these low share price scenarios sort themselves out without waiting too long. The share price is looking up, let's see how it trades over the coming weeks.
Posted at 03/11/2023 06:38 by wallywoo
After the disaster at Metro Bank, fear is ruling these smaller cap banking stocks. Fear is the most irrational of emotions, hence the share price here. The poor results from barc, Natwest, Stan, etc just add to the poor sector sentiment.

The event on the 8th November hopefully will provide some balance against that fear as the news and actions from OSB did yesterday. I think and many pundits think stb is unfairly cheap currently. Let's hope we are right!!

In the meantime, stb shareholders will need to hold their nerves, or of course give in to fear. I doubt that there's any real issues with STB but we will have to wait. I bgt in yesterday, risky bottom fishing bet for me!!
Posted at 18/8/2023 11:33 by red ninja
In Shares Magazine this week :-

Secure Trust Bank is cashing in helping consumers get what they want
Despite its strengths this specialist lender remains deeply unloved and undervalued
Thursday 17 Aug 2023 Author: Ian Conway Great Ideas

Investors who are risk-averse and prefer to avoid small-cap stocks may want to stop reading here, but for those with a nose for value and an appetite for contrarianism we think there is a lot to like about specialist lender Secure Trust Bank (STB).

To say the stock is unloved is an understatement, as one look at the share price performance over the last five years demonstrates.

Secure Trust Bank provides retail finance and vehicle finance for consumers as well as property and commercial finance.

Its retail finance arm arranges and administers finance and loans for well-known national brands and retail partners across the UK, helping shoppers buy the things they want.

In the first half of this year, the bank grew its retail loan book by 12% or £614 million and increased its market share to 12.9% from 11.4% six months earlier.

In vehicle finance its V12 ‘product hub’ allows dealers to buy, sell and finance used vehicles, while its Moneyway finance arm has hundreds of thousands of happy customers across the UK.

Lending increased by 18% or £250 million in the first half as the used car market soared and the bank grew its dealer and broker relationships.

The real estate finance business offers loans to experienced developers of residential and commercial schemes as well as professional landlords, and grew its loan book by 10% or £250 million in the first half, while commercial lending was flat as the bank made a strategic shift towards lower-yielding but lower-risk financing.

On the whole, therefore, the bank increased its loan book in three of four of its large addressable markets while staying disciplined in terms of risk, and reported a net interest margin of 5.4%, which the high-street giants would kill for given they are expecting to report an average margin of just over 3% this year.

Even though it took an impairment charge of £7.2 million for non-recoverable loans in the first half, which management says is unique and relates to a long-standing commercial debt, pre-tax profit of £16.5 million was almost flat implying underlying earnings grew by 15%.

With no write-offs in the second half, profits are expected to increase ‘significantly’ thanks to loan book growth and a low cost-to-income ratio.

So why does STB trade on 0.4 times 2023 book value, 3.6 times earnings and a dividend yield of 7.5% with the dividend four times covered?

‘The market is valuing the shares as though the company has serious balance sheet issues, which we do not agree with’, says Shore Capital. We can only concur.
Posted at 09/8/2023 07:51 by riverman77
A bit of an exaggeration to call it a MASSIVE hit - certainly nothing like as bad as what the share price is reflecting. Put it in perspective - it's effectively a couple of % hit to NAV while share price is on a more than 60% discount to NAV.
Posted at 09/8/2023 07:18 by retsius
Not an accountant, so superficial views of results.

Very good figures except for that one MASSIVE hit taken in Consumer Finance.
Lessons learned: but taken out on previous CEO`s watch(?)
I have a feeling this has been in the background, been known for a while, and has been suppressing the share price

Muted share price response this AM but we shall see how it performs during the day.

Posted at 09/7/2023 13:51 by 1tx
Unfortunately there is a "problem" with STB which I have mentioned before which means that the share price is likely to continue in an ever downward trend.It is quite simple almost nobody is interested in buying the shares.

When STB was split out of Arbuthnot Latham (ARBB) the very canny Sir Henry Angest the controlling shareholder in ARBB managed to sell its shares to institutional investors at prices up to around £19 sadly perhaps the company did not live up to expectations & in addition interest in investing in smaller newcomer banks also declined.The net result is that the original investors have taken a cold bath.

Whilst STB is a very well managed business & is profitable and has a credible business plan.It has failed to build any rapport with its shareholder base & realise that it now has one third the market value it original had;to maintain its value it has to attract private investors to replace original institutions.The management seems quite happy to manage this business to benefit themselves & its employees forgetting that shareholders who put up the original capital now have an investment worth about a third of the money originally invested....
Posted at 26/4/2023 11:03 by 1tx
As far as I can see STB is turning itself into a mini Close Bros concentrating on Car & Vehicle finance,private & business & larger item consumer credit eg ebikes & furniture via its V12 Finance Company and secured business lending.The businesses being sold or run off are the mortgage and loan books which if memory is correct were acquired cheaply post the banking crisis when STB was owned by Arbuthnot Banking ARBB.

On reflection I suspect STB had little alternative but to increase dividend cover due to the requirement to have additional capital cover.I note that its former owner Arbuthnot raised additional capital the other day unlike STB it has a controlling shareholder,Sir Henry Angest,who was able to put in nearly 60% of the new capital.

The problem for STB is that when it was spun out of what is now Arbuthnot & in subsequent share sales by them the shares were all bought by institutional buyers mainly at prices between £15 & £20+.All these buyers are out of pocket and it has not attracted private investors to any degree partly because the sector is out of favour but partly also because STB has a management who don't really have a major shareholding in the business & perhaps do not consider the interests of shareholders.But presently at around £120m or so market value it is too small to attract further institutional interest & does not attract private investors either.Hence its ever falling share price....
Posted at 29/3/2023 11:03 by 1tx
Whilst recent market sentiment to banks & consumer lenders has not helped matters.The major reason for the fall in STB share price was the dismal results for the first half of the 22 financial year announced in early August.The decision to have a four times covered dividend did not help matters either.

Virtually everybody who has held STB for any period longer than a few months has lost money and those institutions who bought shares when it was floated out of Arbuthnot ARBB & in subsequent placings of ARBB's remaining holdings have made a massive loss.Most still hold the stock they bought,it is not easy to sell in large amounts unless there is a willing buyer.STB may be a bit undervalued but there is in my opinion a problem with the company.STB is not "connected" to its shareholders with smallcap companies you need directors who have a meaningful interest in the company & are interested in maintaining & improving value for shareholders.STB is run by managers for managers.
Secure Trust Bank share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 |