Announcement • Jun 02
Secure Trust Bank plc Announces Retirement of Rachel Lawrence as Director Secure Trust Bank PLC announced that, after six years with the Group, Rachel Lawrence had informed the Board of her intention to retire as a Director of Secure Trust Bank PLC during the first half of 2027. Rachel Lawrence was appointed as Chief Financial Officer in September 2020. After a career spanning over 35 years, Rachel has decided that then will be the right time for her to retire. Board Change • May 21
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CEO & Director Ian Corfield was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • May 16
Secure Trust Bank PLC Approves to Declare Final Dividend Secure Trust Bank PLC at its Annual General Meeting held on May 14, 2026, approved to declare a final dividend of 23.7 pence per ordinary share. Announcement • May 14
Secure Trust Bank PLC to Report First Half, 2026 Results on Aug 13, 2026 Secure Trust Bank PLC announced that they will report first half, 2026 results on Aug 13, 2026 Announcement • Apr 03
Secure Trust Bank PLC, Annual General Meeting, May 14, 2026 Secure Trust Bank PLC, Annual General Meeting, May 14, 2026. Location: the offices of deloitte llp, four brindleyplace, b1 2hz, birmingham United Kingdom Announcement • Feb 26
Funds managed by Lcm Partners Limited completed the acquisition of Consumer Vehicle Finance Business of Secure Trust Bank PLC (LSE:STB). Funds managed by Lcm Partners Limited entered into a business sale agreement to acquire Consumer Vehicle Finance Business of Secure Trust Bank PLC (LSE:STB) for approximately £460 million on December 24, 2025. A cash consideration of £458.6 million will be paid by Lcm Partners Limited. As part of consideration, £458.6 million is paid towards assets of Consumer Vehicle Finance Business of Secure Trust Bank PLC. The final consideration is subject to adjustment on completion using a locked box mechanism.
The expected completion of the transaction is during Q1 2026. Alantra Corporate Finance LLP acted as financial advisor for Secure Trust Bank PLC. Jon Cox-Brown, Alex Mehdevy, Julia Woodward-Carlton, Naomi Seward, Gareth Vowles and Paul Fontes of Eversheds Sutherland acted as legal advisor for Secure Trust Bank PLC.
Funds managed by Lcm Partners Limited completed the acquisition of Consumer Vehicle Finance Business of Secure Trust Bank PLC (LSE:STB) on February 25, 2026. Announcement • Feb 05
Secure Trust Bank PLC to Report Fiscal Year 2025 Results on Mar 12, 2026 Secure Trust Bank PLC announced that they will report fiscal year 2025 results on Mar 12, 2026 Announcement • Nov 01
Secure Trust Bank plc Announces Board Changes, December 30, 2025 Secure Trust Bank PLC announced the retirement of Ann Berresford, who has reached her nine-year tenure, and will step down from the Board with effect from 30 December 2025. In addition to her role as a non-executive director, Ann also serves as the Chair of the Audit Committee, Senior Independent Director and a member of the Risk Committee. The Board is pleased to implement the succession plans in place and announced the following changes to roles within the Board and its Committees. Steve Colsell will be appointed Chair of the Audit Committee (subject to regulatory approval) and a member of the Risk Committee with effect from 30 December 2025. Julie Hopes will be appointed Senior Independent Director (subject to regulatory approval) and Deputy Chair with effect from 30 December 2025. Announcement • Aug 16
Secure Trust Bank PLC Approves an Increased Interim Dividend, Payable on 25 September 2025 The Board of Secure Trust Bank PLC has approved an increased interim dividend of 11.8 pence per share, consistent with progressive dividend policy. This will be paid on 25 September 2025 with an associated record date of 29 August 2025. Announcement • Aug 04
Secure Trust Bank PLC to Report First Half, 2025 Results on Aug 14, 2025 Secure Trust Bank PLC announced that they will report first half, 2025 results on Aug 14, 2025 Announcement • Jun 19
Secure Trust Bank PLC Announces Chief Executive Officer Changes The Board of Secure Trust Bank PLC announces that David McCreadie, the Group's Chief Executive Officer ('CEO'), will retire from his role after over four years as CEO and almost six years on the Board. The Nomination Committee has implemented its succession plans and is delighted to announce the appointment of Ian Corfield as CEO Designate with effect from 23 June 2025 and as CEO with effect from 16 August 2025, subject to regulatory approval. In order to achieve a smooth transition of responsibilities, David will remain available to support the business until June 2026. uring his time as CEO, David McCreadie has refocused the Group, refreshed the management team, overseen the growth of the current lending businesses from £2,185m to £3,725m and streamlined the organisation, whilst navigating the impacts of the global pandemic, significant geopolitical changes, and challenges in the regulatory and market environment. Ian Corfield brings a wealth of experience to Secure Trust Bank having spent over 20 years working in financial services. He was previously Chief Commercial Officer of NewDay Ltd. from 2014 to 2023 where he helped build the Company into a leading financial services provider. Previously Ian served as CEO of Aussie Home Loans and Business & Retail Banking at Bankwest, both based in Australia, and prior to this he held a number of senior roles at HBOS Plc. Most recently Ian has worked as an adviser to HM Treasury and will step down from his role as a Specialist Partner at Flint Global, a regulatory and competition advisory firm, in advance of becoming CEO of Secure Trust Bank. Announcement • Jun 12
Secure Trust Bank plc Announces the Appointment of Steve Colsell as an Independent Non-Executive Director and Member of the Audit and Nomination Committees, Effective 12 June 2025 Secure Trust Bank PLC announced the appointment of Steve Colsell as an independent Non-Executive Director and member of the Audit and Nomination Committees, effective 12 June 2025. Steve has 40 years' experience within Financial Services, specialising in banking and insurance. During his executive career he served as divisional CFO (Wealth, Asset Finance & International) of Lloyds Banking Group plc, CFO for Insurance and Investment at HBOS plc and Group Finance Director of Kensington Group PLC. Prior to this he held a number of senior roles at Zurich Financial Services. Steve also brings extensive non-executive experience and is currently the Chair of Family Assurance Friendly Society Limited (trading as OneFamily) and a Non-Executive Director of Pepper Money Group where he also Chairs the Audit and Risk Committees. He was previously a Non-Executive Director of Quilter Financial Planning where he chaired the Audit Committee, Starling Bank and St James's Place PLC. Announcement • May 16
Secure Trust Bank PLC Approves Final Dividend Secure Trust Bank PLC at its 2025 Annual General Meeting held on 15 May 2025, approved to declare a final dividend of 22.5 pence per ordinary share. Announcement • Apr 04
Secure Trust Bank PLC, Annual General Meeting, May 15, 2025 Secure Trust Bank PLC, Annual General Meeting, May 15, 2025. Location: the office of freshfields llp, 100 bishopsgate, ec2p 2sr, london United Kingdom Announcement • Mar 14
Secure Trust Bank PLC Proposes Final Dividend for the Year 2024 The Board of Secure Trust Bank PLC proposed a final dividend of 22.5 pence per share for the year 2024. Announcement • Oct 24
Secure Trust Bank plc Announces Director and Committee Changes Secure Trust Bank PLC announced the appointment of Julie Hopes as an independent Non-Executive Director with immediate effect, serving on the Remuneration Committee, Audit Committee and Nomination Committee from appointment. It is intended that Julie will be appointed Chair of the Remuneration Committee subject to, and with effect from, the date of regulatory approval. Victoria Stewart, the current Chair of the Remuneration Committee, who is entering her ninth year on the Board, will step down as a Non-Executive Director, effective from 31 December 2024 or, if later, the date of regulatory approval for the new Chair of the Remuneration Committee. Julie Hopes is a Non-Executive Director of Saga plc where she chairs the Remuneration and Risk Committees and is Deputy Chair, and Chair of the Remuneration Committee, of West Bromwich Building Society. She is currently a Non-Executive Director of MS Amlin Underwriting Limited, where she also chairs the Risk and Solvency Committee, however, will be stepping down from this role on 31 October 2024. Julie has previously served as Chair of Police Mutual and a Non-Executive Director and Chair of the Risk Committee of Co-Operative Insurance. Julie built her executive career in insurance having served in a number of senior roles at RSA plc, before becoming Managing Director of Insurance at Tesco Bank. The Company also announces that effective immediately Victoria Mitchell, a current Non-Executive Director of STB, will become a member of the Company's Risk Committee. Announcement • Aug 14
Secure Trust Bank PLC Approves Interim Dividend for the Six Months to 30 June 2024, Payable on 26 September 2024 Secure Trust Bank PLC approved an interim dividend for the six months to 30 June 2024 of 11.3 pence per share for HY 2024 (half year 2023: 16.0 pence), which will be payable on 26 September 2024 to shareholders on the register at the close of business on 30 August 2024. This is in line with the Group's revised dividend policy set out in the Fiscal Year 2023 results; where the dividend was re-based to a progressive approach. Announcement • Jul 04
Secure Trust Bank PLC to Report First Half, 2024 Results on Aug 14, 2024 Secure Trust Bank PLC announced that they will report first half, 2024 results on Aug 14, 2024 Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to UK£8.10, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 6x in the Banks industry in the United Kingdom. Total returns to shareholders of 35% over the past year. Announcement • May 18
Secure Trust Bank PLC Approves Final Dividend Secure Trust Bank PLC at its AGM held on 16 May 2024, approved final dividend of 16.2 pence per ordinary share. Recent Insider Transactions • May 16
CEO & Director recently bought UK£81k worth of stock On the 7th of May, David McCreadie bought around 12k shares on-market at roughly UK£6.93 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of UK£258k worth in shares. Upcoming Dividend • Apr 18
Upcoming dividend of UK£0.16 per share Eligible shareholders must have bought the stock before 25 April 2024. Payment date: 23 May 2024. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (6.1%). Lower than average of industry peers (6.5%). Declared Dividend • Mar 24
Final dividend reduced to UK£0.16 Dividend of UK£0.16 is 44% lower than last year. Ex-date: 25th April 2024 Payment date: 23rd May 2024 Dividend yield will be 5.0%, which is lower than the industry average of 6.5%. Sustainability & Growth Dividend is well covered by earnings (23% payout ratio) and is expected to be well covered in 3 years' time (13% forecast payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 88% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 23
Secure Trust Bank plc Proposes Final Dividend for the Year 2023, Payable on May 23, 2024 The Directors of Secure Trust Bank PLC are proposing a final dividend of 16.2 pence per share for 2023, which will be payable on 23 May 2024 to shareholders on the register at the close of business on 26 April 2024. The total dividend payable for 2023 is 32.2 pence per share (2022: 45.1 pence per share). Reported Earnings • Mar 21
Full year 2023 earnings released: EPS: UK£1.41 (vs UK£1.11 in FY 2022) Full year 2023 results: EPS: UK£1.41 (up from UK£1.11 in FY 2022). Revenue: UK£141.8m (up 7.0% from FY 2022). Net income: UK£26.4m (up 28% from FY 2022). Profit margin: 19% (up from 16% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in the United Kingdom. Announcement • Jan 25
Secure Trust Bank PLC Announces Board Changes On 30 March 2023, Secure Trust Bank PLC announced that Lord Forsyth would be retiring as Chairman and a Non-Executive director at the Annual General Meeting (AGM) in May 2024. The Company announced the appointment of Jim Brown as a Non-Executive Director with effect from 31 March 2024 and that he will succeed Lord Forsyth as Chairman following the conclusion of the AGM, subject to regulatory approval. The Board considers Jim Brown to be independent on appointment. Jim Brown is a banking professional with many years' experience, gained through a number of executive positions. He is currently CEO, Sainsbury's Bank and a member of the Sainsbury's Group Operating Board and will be retiring from these roles at the end of March 2024. He is also a Non-Executive Director on the Board of Just Group plc. Before this, Jim was the Chief Executive Officer, Future Williams & Glyn within the RBS Group and prior to this he was CEO, Ulster Bank Group. He held a number of senior appointments within RBS and ABN AMRO in Asia and earlier in his career with Citibank and Chase AMP Bank. On joining the Board Jim Brown will become a member of the Remuneration Committee and a member of the Nomination Committee and will Chair the Nomination Committee following his appointment as Chairman. Announcement • Oct 28
Secure Trust Bank plc Appoints Victoria Mitchell as an Independent Non-Executive Director of the Company, Effective from 1 November 2023 Secure Trust Bank PLC announces the appointment of Victoria Mitchell as an independent Non-Executive Director of the Company with effect from 1 November 2023. Vicky will also join the Remuneration Committee and the Nomination Committee on the same date. Vicky has many years of banking experience, gained predominantly during a twenty-year career with Capital One (Europe) plc, during which she served as Chief Legal Counsel, Chief Risk Officer and Chief Operating Officer. She sits on the Board and is a member of the Remuneration and Risk Committees of the West Bromwich Building Society. She is also a member of the Audit & Risk Committee, Nomination and Governance Committee and is Chair of the Financial Services Board at N Brown Group plc. Vicky has recently joined the Board of Vocalink Limited, where she chairs the Risk Committee and is a member of the Audit Committee. Vicky was previously a Non-Executive Director at Lookers plc, which gave her considerable insight into the Motor Finance industry. She was a member of the Audit and Risk, Remuneration and Nomination Committees throughout her tenure at Lookers plc, was Chair of the Remuneration Committee from April 2021 to September 2022 and was Chair of Lookers Motor Group Limited. She is a graduate of Birmingham University. Board Change • Oct 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Non-Executive Director Finlay Williamson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 24
Upcoming dividend of UK£0.16 per share at 6.7% yield Eligible shareholders must have bought the stock before 31 August 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 6.7%. Within top quartile of British dividend payers (6.3%). Higher than average of industry peers (5.7%). Recent Insider Transactions • Aug 13
CEO & Director recently bought UK£101k worth of stock On the 9th of August, David McCreadie bought around 17k shares on-market at roughly UK£5.86 per share. This transaction increased David's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of UK£142k worth in shares. Reported Earnings • Aug 11
First half 2023 earnings released: EPS: UK£0.66 (vs UK£0.69 in 1H 2022) First half 2023 results: EPS: UK£0.66 (down from UK£0.69 in 1H 2022). Revenue: UK£66.3m (up 3.9% from 1H 2022). Net income: UK£12.3m (down 4.7% from 1H 2022). Profit margin: 19% (down from 20% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Banks industry in the United Kingdom. Announcement • Jul 14
Secure Trust Bank PLC to Report First Half, 2023 Results on Aug 09, 2023 Secure Trust Bank PLC announced that they will report first half, 2023 results on Aug 09, 2023 Upcoming Dividend • Apr 21
Upcoming dividend of UK£0.29 per share at 6.6% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 25 May 2023. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 6.6%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (4.6%). Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: UK£1.62 (vs UK£2.45 in FY 2021) Full year 2022 results: EPS: UK£1.62 (down from UK£2.45 in FY 2021). Revenue: UK£132.5m (down 17% from FY 2021). Net income: UK£30.2m (down 34% from FY 2021). Profit margin: 23% (down from 28% in FY 2021). The decrease in margin was driven by lower revenue. Cost-to-income ratio: 55.0% (down from 63.7% in FY 2021). Non-performing loans: 1.57% (down from 6.00% in FY 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Banks industry in the United Kingdom. Announcement • Feb 07
Secure Trust Bank PLC, Annual General Meeting, May 18, 2023 Secure Trust Bank PLC, Annual General Meeting, May 18, 2023. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 16% share price gain to UK£7.50, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Banks industry in the United Kingdom. Announcement • Oct 29
Secure Trust Bank PLC Announces Board Appointments Secure Trust Bank PLC announced the appointment of Paul Myers as the Designated Non- Executive Director for Employee Engagement and Chairman of the Employee Council with effect from 27 October 2022; and the appointment of Finlay Williamson as a member of the Audit Committee and Consumer Duty Champion also with effect from 27 October 2022. From 27 October 2022, the Audit Committee will be constituted as follows: Ann Berresford (Chair), Victoria Stewart and Finlay Williamson. Announcement • Oct 28
An Unknown Buyer acquired Debt Managers (Services) loan portfolio. An Unknown Buyer acquired Debt Managers (Services) loan portfolio in May 2022.
An Unknown Buyer completed the acquisition of Debt Managers (Services) loan portfolio in May 2022. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment deteriorated over the past week After last week's 22% share price decline to UK£7.39, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Banks industry in the United Kingdom. Announcement • Sep 22
Secure Trust Bank plc Announces Resignation of Baroness Neville-Rolfe DBE, CMG, Non-Executive Director Secure Trust Bank PLC announced that Baroness Neville-Rolfe DBE, CMG, Non-Executive Director, has informed the Board that following her appointment as a Government minister, she is stepping down from the Board with immediate effect. Upcoming Dividend • Aug 18
Upcoming dividend of UK£0.16 per share Eligible shareholders must have bought the stock before 25 August 2022. Payment date: 26 September 2022. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 5.6%. Within top quartile of British dividend payers (5.2%). Higher than average of industry peers (4.9%). Announcement • Aug 04
Secure Trust Bank Recommends Interim Dividend Payable on 26 September 2022 Secure Trust Bank PLC's policy is to pay total dividends representing 25% of annual earnings. The Board recommend the payment of an interim dividend for 2022 of 16.0 pence per share (H1 2021: 20.0 pence per share). This will be paid on 26 September 2022 with an associated record date of 26 August 2022. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improved over the past week After last week's 16% share price gain to UK£12.90, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Banks industry in the United Kingdom. Announcement • May 27
Secure Trust Bank PLC (LSE:STB) completed the acquisition of AppToPay Ltd. Secure Trust Bank PLC (LSE:STB) agreed to acquire AppToPay Ltd on November 25, 2021. The transaction is subject to regulatory approvals and is expected to be completed around first quarter of 2022.
Secure Trust Bank PLC (LSE:STB) completed the acquisition of AppToPay Ltd on May 26, 2022. Reported Earnings • Mar 28
Full year 2021 earnings released: EPS: UK£2.45 (vs UK£0.83 in FY 2020) Full year 2021 results: EPS: UK£2.45 (up from UK£0.83 in FY 2020). Revenue: UK£160.1m (up 43% from FY 2020). Net income: UK£45.6m (up 196% from FY 2020). Profit margin: 28% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Cost-to-income ratio: 63.7% (up from 55.7% in FY 2020). Non-performing loans: 6.00% (up from 5.82% in FY 2020). Over the next year, revenue is forecast to grow 15%, compared to a 1.9% growth forecast for the banks industry in the United Kingdom. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorated over the past week After last week's 16% share price decline to UK£11.28, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Banks industry in the United Kingdom. Announcement • Nov 27
Secure Trust Bank PLC (LSE:STB) agreed to acquire AppToPay Ltd. Secure Trust Bank PLC (LSE:STB) agreed to acquire AppToPay Ltd on November 25, 2021. The transaction is subject to regulatory approvals and is expected to be completed around first quarter of 2022. Board Change • Nov 17
High number of new directors Independent Non-Executive Director Finlay Williamson was the last director to join the board, commencing their role in 2021. Board Change • Oct 06
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Finlay Williamson was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 17
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Finlay Williamson was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 
