Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Secure Trust Bank PLC is an established UK retail bank with over 70 years of history, founded in 1952 and headquartered in Solihull. It specializes in deposit-funded lending and savings products, serving over a million customers through approachable teams across seven UK offices, including Cardiff, London, and Manchester. The bank operates in key markets such as retail finance via its V12 division, which underwrites loans for national retail partners; business and commercial finance offering refinance options for growth; and real estate finance for developers and landlords. Notable for its technology integration and efficiency initiatives like Project Fusion, Secure Trust Bank PLC has streamlined operations by exiting non-core areas, including the closure of its Vehicle Finance business, to focus on lower-risk lending and cost reduction. With strong capital resources, including a CET1 ratio of 12.6%, it plays a vital role in the UK specialist lending sector, supporting consumer purchases, business expansion, and property development while upholding values of fairness and customer focus.
£14.88
+£0.18 (+1.22%)
EOD Jul 3, 2026
Net margin is thin at 9.63%. This may reflect rising credit costs, rate compression, or operational inefficiency.
Revenue grew 11.1% YoY. However, net income declined 19%, rising credit provisions or expenses may be eating into the top line.
Net income declined 19% YoY, profitability momentum has weakened.
14.7x earnings. In line with financial-sector norms. The question is whether the current credit environment supports sustained earnings at this level.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
£205M
▲ +11.1% YoY
Net Income (TTM)
£20M
▼ -18.9% YoY
Net Margin
9.63%
P/E
14.7x
Balance Sheet
Total Assets
£4.12B
Equity
£361M
Total Debt
£95M
Cash & Equiv.
£445M
3Y CAGR: +11.2%
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At a P/E of 14.7 and a price-to-free-cash-flow of 2.6, Secure Trust Bank (STB.XLON) trades below a two-stage DCF intrinsic value of about £127.96 per share, so at £14.88 the stock looks undervalued (759.9% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Secure Trust Bank scores 67/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 1.8%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about £127.96 per share for STB.XLON, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around £95.97. At today's £14.88, that puts the stock about 759.9% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Secure Trust Bank scores 67 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Secure Trust Bank pays a regular dividend of about £0.27 per share per year (typically in quarterly installments), a yield of roughly 1.8% at the current price. That is a payout ratio of about 26.4% of earnings, so the dividend is amply covered by earnings. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For STB.XLON's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. STB.XLON currently trades below its estimated intrinsic value and scores 67/100 on quality (solid). It also yields about 1.8%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.