United States

Secure Trust Bank PLC (STBS.L)

STBS.L on London Stock Exchange

10:18am EDT
Change (% chg)

-8.00 (-0.44%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

Secure Trust Bank posts FY pre-tax profit of 25.0 mln pounds
Thursday, 23 Mar 2017 03:13am EDT 

Secure Trust Bank Plc : FY profit before tax of 25.0 million pounds versus 24.8 million pounds year ago . FY net interest income from continuing operations 103.7 million pounds versus 78.9 million pounds year ago . Says FY customer deposits increased to £1,151.8 million up 11% . Says FY overall loan book increased to 1,321.0 million pounds up 38 percent . Proposed final dividend of 58p per share payable in May 2017 . Says there has been no material change to underlying performance of business in early months of 2017 .Says continue to see potential to grow its lending portfolio.  Full Article

Secure Trust H1 underlying pretax profit rises
Tuesday, 19 Jul 2016 02:00am EDT 

Secure Trust Bank Plc : Interim results for the six months to 30 June 2016 . Total profit after tax £129.1m (H1 2015 : £12.9m) . Underlying profit before tax. £17.4m (H1 2015 : £11.3m) up 54.0% . Operating income. £57.3m (H1 2015: £42.8m) up 33.9% .Interim dividend per share of 17p in addition to special interim dividend of 165p per share already declared, (H1 2015: 17p).  Full Article

Retail bank Secure Trust says has "virtually no exposure" to commercial property market
Wednesday, 6 Jul 2016 02:00am EDT 

Secure Trust Bank Plc : Does not provide regulated mortgages to either owner occupiers or buy to let landlords . Confirms that it has virtually no exposure to commercial property market . Total lending balances outstanding amounting to a mere 31m stg as at 24 June 2016 . STB therefore has zero lending balances in respect of regulated buy to let lending .Remains well positioned to navigate uncertainties arising following EU referendum and to pursue its strategic priorities.  Full Article

Arbuthnot Banking to sell 33 pct Secure Trust's share capital
Friday, 27 May 2016 11:30am EDT 

Arbuthnot Banking Group Plc : Conditional sale of 6 million shares of Secure Trust, representing 33.0 per cent. of Secure Trust's existing issued share capital .Sale was priced at £25 per sale share.  Full Article

Arbuthnot says to sell about 5.8 mln shares in Secure Trust
Friday, 27 May 2016 02:32am EDT 

Arbuthnot Banking Group Plc : Intention to sell approximately 5.8 million ordinary shares of 40 pence each in secure trust . Representing approximately 31.9 per cent. Of secure trust's existing issued share capital, by way of a secondary placing to institutional investors only. Sale is expected to be priced at £25 .Assuming completion of sale, company's interest in secure trust will reduce from 51.9 per cent To approximately 20.0 per cent.  Full Article