Shares of Secure Trust Bank PLC (LON:STB - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 535.95 ($6.92) and traded as high as GBX 619 ($7.99). Secure Trust Bank shares last traded at GBX 600 ($7.75), with a volume of 217,681 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Shore Capital reiterated a "house stock" rating on shares of Secure Trust Bank in a report on Thursday, March 13th.
Check Out Our Latest Report on Secure Trust Bank
Secure Trust Bank Price Performance
The company's fifty day simple moving average is GBX 447.92 and its 200-day simple moving average is GBX 531.57. The firm has a market capitalization of £108.94 million, a PE ratio of 4.23, 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 ($1.34) earnings per share (EPS) for the quarter. Secure Trust Bank had a return on equity of 7.43% and a net margin of 7.20%. As a group, equities research analysts anticipate that Secure Trust Bank PLC will post 214.2857143 earnings per share for the current fiscal year.
Secure Trust Bank Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, April 24th will be paid a dividend of GBX 22.50 ($0.29) per share. This is a positive change from Secure Trust Bank's previous dividend of $11.30. The ex-dividend date is Thursday, April 24th. This represents a yield of 3.92%. Secure Trust Bank's dividend payout ratio is presently 20.71%.
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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