Secure Trust Bank
STB · Main Market · Banks · mcap £267m · 1370.0p 1 open situation →
Timeline · every situation
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Disposal of a part (break-up)
Consumer Vehicle Finance sale
Provision £21.5m held at 31 Dec 2025
Led to Share buyback programme – Completed: both £5m tranches done, closed 22 Oct 2026
STB keeps liability for motor finance commission redress. In October 2025 it raised the provision by £16.4m after the FCA's proposed approach. The 2025 results show £21.5m held at 31 December 2025 (2024: £6.4m), with no further change.
- Provision
- £21.5m at 31 December 2025 (2024: £6.4m)
- October increase
- £16.4m, in response to the proposed FCA approach
- Regulator
- Financial Conduct Authority (FCA)
Next: final FCA redress scheme rules
- 12 Mar 2026 Provision £21.5m held at 31 Dec 2025
- 25 Feb 2026 Completed 25 February 2026
- 5 Feb 2026 Agreed; completion expected Q1 2026, no material conditions
- 24 Dec 2025 Sale agreed; completion expected Q1 2026
Closed · 3
Company filings. Not investment advice.