In This Article:
Secure Trust Bank (LON:STB) First Half 2024 Results
Key Financial Results
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Revenue: UK£68.0m (up 2.6% from 1H 2023).
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Net income: UK£12.8m (up 4.1% from 1H 2023).
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Profit margin: 19% (in line with 1H 2023).
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EPS: UK£0.67 (up from UK£0.66 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Secure Trust Bank Earnings Insights
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in the United Kingdom.
Performance of the British Banks industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that Secure Trust Bank is showing 1 warning sign in our investment analysis that you should know about...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.