Secure Trust Bank

STB · Main Market · Banks · mcap £277m · 1476.0p

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Financials · LTM to 30 Jun 26

Source: results 13 Aug 26 ↗

Revenue: £176m
Operating profit: –
Net income: £24.6m
Free cash flow: –
Net cash: –
Market cap: £276m
EV / EBIT: –
FCF yield: –
Price / book: 0.7×

Latest half-year · H1 26 vs H1 25 results 13 Aug 26 ↗

Net income: £23.7m
Cash from operations: −£418m

Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Income statement Cash flow Balance sheet

Annual Half-yearly

Latest report: H1 26 (six months to 30 Jun 26), published 13 Aug 26 · read the results ↗

£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source

	LTM Jun 26	FY 25
Net interest income	176.2	198.6
Credit impairment	(41.8)	(58.0)
Depreciation (owned assets)	1.0	0.8
Depreciation (right-of-use)	1.1	1.1
Amortisation	1.3	1.2
Share-based payments	1.8	2.0
Fair value gains / losses	0.6	0.1
Profit before tax	36.6	27.5
Tax	(12.0)	(9.9)
Net income (owners)	24.6	17.6
Discontinued operations	(21.8)	(27.0)
EPS basic	133.0p	94.2p
EPS diluted	124.6p	89.0p

	H1 26	vs H1 25	H2 25	H1 25
Net interest income	76.6	−23%	99.6	99.0
Net interest margin	4.7%	–	–	4.7%
Credit impairment	(14.7)	−52%	(27.1)	(30.9)
Depreciation (owned assets)	0.6	+50%	0.4	0.4
Depreciation (right-of-use)	0.5	0%	0.6	0.5
Amortisation	0.7	+17%	0.6	0.6
Share-based payments	1.0	−17%	0.8	1.2
Fair value gains / losses	0.6	+500%	0.0	0.1
Profit before tax	31.4	+41%	5.2	22.3
Tax	(7.7)	+38%	(4.3)	(5.6)
Net income (owners)	23.7	+42%	0.9	16.7
Discontinued operations	1.1	n/m	(22.9)	(4.1)
EPS basic	126.4p	–	6.6p	87.6p
EPS diluted	119.9p	–	4.7p	84.3p
Dividend per share	12.4p	–	–	11.8p

	LTM Jun 26	FY 25
Cash from operations	(211.5)	257.0
Interest paid	58.7	65.2
Tax paid	(12.4)	(12.0)
Capex (PP&E)	(2.3)	(1.6)
Lease principal paid	(1.3)	(1.3)
Dividends paid	(6.7)	(6.4)
Share buybacks	(6.2)	(0.2)
Shares issued	–	0.2

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	(418.5)	n/m	207.0	50.0
Interest paid	35.7	−15%	23.0	42.2
Tax paid	(7.5)	+6%	(4.9)	(7.1)
Capex (PP&E)	(1.1)	+175%	(1.2)	(0.4)
Lease principal paid	(0.6)	0%	(0.7)	(0.6)
Dividends paid	(4.5)	+7%	(2.2)	(4.2)
Share buybacks	(6.2)	n/m	0.0	(0.2)
Shares issued	0.1	–	–	–

	Latest Jun 26	FY 25
CET1 ratio	14.3%	12.9%
Loans to customers	3,456.6	3,295.8
Customer deposits	3,231.2	3,509.6
Other intangibles	5.1	5.1
Property, plant & equipment	7.4	7.4
Investment property	23.9	24.1
Cash	332.4	559.8
Total assets	3,953.8	4,316.0
Borrowings, non-current	93.5	93.5
Lease liabilities, non-current	4.0	4.4
Total liabilities	3,564.7	3,941.7
Total equity	389.1	374.3

	H1 26	H2 25	H1 25
CET1 ratio	14.3%	12.9%	–
Loans to customers	3,456.6	3,295.8	3,828.8
Customer deposits	3,231.2	3,509.6	3,510.1
Other intangibles	5.1	5.1	4.7
Property, plant & equipment	7.4	7.4	7.6
Investment property	23.9	24.1	–
Cash	332.4	559.8	412.8
Total assets	3,953.8	4,316.0	4,287.9
Borrowings, non-current	93.5	93.5	93.3
Lease liabilities, non-current	4.0	4.4	1.8
Total liabilities	3,564.7	3,941.7	3,913.8
Total equity	389.1	374.3	374.1

Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.

Company filings. Not investment advice.