Secure Trust Bank

Secure Trust Bank is an established UK retail bank. Its core business is to provide banking services including a range of lending solutions and deposit and fee-based current accounts to UK customers who may not be adequately served by other banks. The Company, which was incorporated in 1954, operates predominantly from its head office in Solihull, West Midlands, had 263 employees as at 31 December 2011, and has been a subsidiary of Arbuthnot Banking Group since 1985. The Company’s diversified lending portfolio focuses on motor finance, retail point of sale finance and unsecured personal loans. Its lending is entirely funded by customer deposits, with no exposure to wholesale funding. Motor finance – includes a multi-channel offering through motor dealers and brokers. Fixed rate, fixed term hire purchase agreements secured mainly against used cars. Finance term periods vary. Retail point of sale finance – includes lending solutions for store and online retailers and an “e”-tailer proposition distributed through partnership with Pay4Later. Unsecured, fixed rate and fixed term loans with payments received monthly. Personal unsecured lending – fixed rate, fixed term products with payments received monthly. Varying loan terms and advances available.
Type
Public
HQ
Shirley, GB
Founded
1954
Size (employees)
706 (est)
Secure Trust Bank was founded in 1954 and is headquartered in Shirley, GB

Secure Trust Bank Office Locations

Secure Trust Bank has an office in Shirley
Shirley, GB (HQ)
1 Arleston Way

Secure Trust Bank Data and Metrics

Secure Trust Bank Financial Metrics

Secure Trust Bank's revenue was reported to be £157.5 m in FY, 2016 which is a 34% increase from the previous period.
GBP

Revenue (FY, 2016)

157.5 m

Revenue growth (FY, 2015 - FY, 2016), %

34%

Net income (FY, 2016)

20.7 m

Market capitalization (22-Sep-2017)

319.6 m

Closing share price (22-Sep-2017)

17.3

Cash (31-Dec-2016)

112 m
Secure Trust Bank's current market capitalization is £319.6 m.
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

96.5 m79.5 m117.4 m157.5 m

Revenue growth, %

(18%)48%34%

Pre tax profit

17.1 m17.5 m24.8 m27.5 m

Net Income

12.3 m13.9 m19.3 m20.7 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

81.2 m131.8 m112 m

Accounts Receivable

501 m678.6 m974.2 m1.4 b

Current Assets

509.1 m765 m1.1 b1.5 b

PP&E

6.9 m9.1 m127.3 m24.9 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash From Operating Activities

43.2 m(22.3 m)53.3 m(176.5 m)

Cash From Financing Activities

(9.1 m)41.9 m(12.6 m)(41.1 m)

Income Taxes Paid

(4.8 m)(3.6 m)(7.8 m)(6.8 m)
Y, 2016

Financial Leverage

6.4 x
Show all financial metrics

Secure Trust Bank Market Value History

Traffic Overview of Secure Trust Bank

Secure Trust Bank Online and Social Media Presence

Secure Trust Bank News and Updates

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The Co-op Bank says it's had "several" bids

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Virgin Money set to table a bid for troubled Co-op Bank

Virgin Money is among the names thought to be putting in an offer for struggling Co-op Bank as it is due to close its first round of bidding later this month. Co-op Bank announced in February it was putting itself up for sale. Up until this point, it had embarked on an ambitious turnaround plan, …

Co-op Bank crosses fingers rescue plans will take shape

Co-op Bank is likely hoping a deal for a buyer can be secure soon, as its back-up plans to save the challenger bank appear to be at risk of falling through. The bank, which announced there was a £1.5bn black hole in its balance sheet in 2013, announced in February it was putting itself up for sal…

The Co-op Bank says it has attracted a number of "credible" buyers

Several "credible" parties have expressed their interest in buying the Co-operative Bank, the lender said today. The bank, which put itself up for sale last month, said in an update to the market: "A number of credible strategic and financial parties have expressed interest in the sale process an…

Secure Trust Bank boss rules out interest in Co-op Bank

The boss of Secure Trust Bank said today he is not interested in snapping up Co-op Bank, after reporting his bank had a record year for profits. Co-op Bank, which is currently 20 per cent owned by the wider Co-operative Group, announced last month it was putting itself up for sale.  Up until t…
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Secure Trust Bank Company Life and Culture

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