Progressive publishes new research
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your STB notes
Tech-enabled growth and efficiency drive operational leverage We initiate coverage on Secure Trust Bank (STB), a leading retail deposit-funded specialist bank operating in four core markets with substantial growth opportunities. STB's ambitious and achievable medium-term targets aim to deliver significantly higher profitability combined with a lower-risk earnings stream. The key to much of this is STB's grip on technology and the extent to which it has been embedded across all businesses and integrated with its business partners. STB has a 31 December financial year-end, and will announce 2024 interim results on 14 August.
Click here for full analysis
About Progressive:
| Broad coverage | Analyst calibre | |||
| across 12 sectors | ||||
| Business Services | Oil & Gas | 15 analysts | with average | 20 years |
| Financials | Property | experience of | ||
| Healthcare | Retail | |||
| Industrials | Technology | 30+ | techMARK | |
| Investment Trusts | Telecoms | industry based | Extel | |
| Mining | Utilities | awards | StarMine | |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.