Research on Secure Trust Bank Plc (STB:LON) from Progressive Equity Research
Secure Trust Bank (STB) has published a reassuring Q1 2026 trading update, and is on track to meet FY26 guidance. Application for regulatory permission for the intended £10m share buyback programme has been made and is pending approval. Q1 26 Continuing operations year-on-year net loan growth was 6.6%, with strong performances in Retail Finance (+7.3%) and Business Finance (+6.1%). New product initiatives outlined in the 12 March Capital Markets Event have gained traction and lending activity has commenced across the new products.
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