Secure Trust Bank PLC (LON:STB) Insider Rachel Lawrence Sells 6,167 Shares

Secure Trust Bank PLC (LON:STB) insider Rachel Lawrence sold 6,167 shares of the company’s stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of GBX 534 ($6.80), for a total value of £32,931.78 ($41,919.27).

Secure Trust Bank Stock Performance

Shares of STB remained flat at GBX 532 ($6.77) during midday trading on Tuesday. The stock had a trading volume of 47,326 shares, compared to its average volume of 140,916. The firm has a fifty day moving average of GBX 487.63 and a 200 day moving average of GBX 513.62. Secure Trust Bank PLC has a 12 month low of GBX 331 ($4.21) and a 12 month high of GBX 950 ($12.09). The stock has a market capitalization of £101.32 million, a P/E ratio of 3.94, a P/E/G ratio of 0.11 and a beta of 0.87.

Secure Trust Bank (LON:STB) last posted its quarterly earnings data on Thursday, March 13th. The company reported GBX 103.40 ($1.32) earnings per share (EPS) for the quarter. Secure Trust Bank had a net margin of 7.20% and a return on equity of 7.43%. Research analysts expect that Secure Trust Bank PLC will post 214.2857143 EPS for the current year.

Secure Trust Bank Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, April 24th will be given a dividend of GBX 22.50 ($0.29) per share. This represents a dividend yield of 3.92%. This is an increase from Secure Trust Bank’s previous dividend of $11.30. The ex-dividend date of this dividend is Thursday, April 24th. Secure Trust Bank’s dividend payout ratio is presently 20.71%.

Analyst Ratings Changes

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

Secure Trust Bank Company Profile

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.