Insider Selling: Secure Trust Bank PLC (LON:STB) Insider Sells 6,167 Shares of Stock

Secure Trust Bank PLC (LON:STB - Get Free Report) insider Rachel Lawrence sold 6,167 shares of Secure Trust Bank stock in a transaction dated Monday, April 7th. The stock was sold at an average price of GBX 534 ($6.82), for a total transaction of £32,931.78 ($42,079.96).

Secure Trust Bank Price Performance

LON STB opened at GBX 532 ($6.80) on Wednesday. Secure Trust Bank PLC has a fifty-two week low of GBX 331 ($4.23) and a fifty-two week high of GBX 950 ($12.14). The business has a fifty day moving average of GBX 491.19 and a 200-day moving average of GBX 509.56. The stock has a market cap of £101.32 million, a price-to-earnings ratio of 3.94, a price-to-earnings-growth ratio of 0.11 and a beta of 0.87.

Secure Trust Bank (LON:STB - Get Free Report) last announced its earnings results on Thursday, March 13th. The company reported GBX 103.40 ($1.32) earnings per share for the quarter. Secure Trust Bank had a net margin of 7.20% and a return on equity of 7.43%. As a group, analysts anticipate that Secure Trust Bank PLC will post 214.2857143 EPS for the current year.

Secure Trust Bank Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, April 24th will be given a GBX 22.50 ($0.29) dividend. This represents a dividend yield of 3.92%. The ex-dividend date is Thursday, April 24th. This is a positive change from Secure Trust Bank's previous dividend of $11.30. Secure Trust Bank's payout ratio is currently 20.71%.

Analysts Set New Price Targets




Separately, Shore Capital reissued a "house stock" rating on shares of Secure Trust Bank in a research note on Thursday, March 13th.

Check Out Our Latest Stock Report on STB

Secure Trust Bank Company Profile

(Get Free Report)

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, and has 920 employees (full‐time equivalent) as at August 2024. The Group's diversified lending portfolio currently focuses on two sectors: (i) Business finance through its Real Estate Finance and Commercial Finance divisions, and (ii) Consumer finance through its Vehicle Finance and Retail Finance divisions.

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