Secure Trust Bank PLC
Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. The company operates through Retail Finance, Vehicle Finance, Real Estate Finance, and Commercial Finance segments. The Retail Finance segment offers unsecured finance for consumer products, including bicycles, music, furniture, outdoor/leisure, electronics, dental, jewelry, home improvements, and fo… Read more
Secure Trust Bank PLC (STB) - Net Assets
Latest net assets as of June 2025: GBX374.10 Million GBX
Based on the latest financial reports, Secure Trust Bank PLC (STB) has net assets worth GBX374.10 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX4.29 Billion) and total liabilities (GBX3.91 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX374.10 Million |
| % of Total Assets | 8.72% |
| Annual Growth Rate | 26.17% |
| 5-Year Change | 33.27% |
| 10-Year Change | 155.31% |
| Growth Volatility | 38.37 |
Secure Trust Bank PLC - Net Assets Trend (2008–2024)
This chart illustrates how Secure Trust Bank PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Secure Trust Bank PLC (2008–2024)
The table below shows the annual net assets of Secure Trust Bank PLC from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX360.50 Million | +4.64% |
| 2023-12-31 | GBX344.50 Million | +5.38% |
| 2022-12-31 | GBX326.90 Million | +8.10% |
| 2021-12-31 | GBX302.40 Million | +11.79% |
| 2020-12-31 | GBX270.50 Million | +6.45% |
| 2019-12-31 | GBX254.10 Million | +7.17% |
| 2018-12-31 | GBX237.10 Million | -4.82% |
| 2017-12-31 | GBX249.10 Million | +5.55% |
| 2016-12-31 | GBX236.00 Million | +67.14% |
| 2015-12-31 | GBX141.20 Million | +13.05% |
| 2014-12-31 | GBX124.90 Million | +101.45% |
| 2013-12-31 | GBX62.00 Million | +10.87% |
| 2012-12-31 | GBX55.92 Million | +134.81% |
| 2011-12-31 | GBX23.82 Million | +50.77% |
| 2010-12-31 | GBX15.80 Million | +31.11% |
| 2009-12-31 | GBX12.05 Million | +37.74% |
| 2008-12-31 | GBX8.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Secure Trust Bank PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 27110000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX271.10 Million | 75.20% |
| Common Stock | GBX7.60 Million | 2.11% |
| Other Components | GBX81.80 Million | 22.69% |
| Total Equity | GBX360.50 Million | 100.00% |
Secure Trust Bank PLC Competitors by Market Cap
The table below lists competitors of Secure Trust Bank PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ProteomeTech Inc.
KO:303360
|
$32.08K |
|
Lee Ku Industrial Co. Ltd.
KQ:025820
|
$32.09K |
|
DevEx Resources Limited
PINK:UREQF
|
$32.10K |
|
Power Group Projects Corp
PINK:PGPGF
|
$32.11K |
|
PRNR3F
SA:PRNR3F
|
$32.02K |
|
IBKS No. 22 Special Purpose Acquisition co.
KO:448760
|
$31.99K |
|
VALUE-HLDG INT
BE:NW4
|
$31.99K |
|
Quantrx Biomedical
PINK:QTXB
|
$31.97K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Secure Trust Bank PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 344,500,000 to 360,500,000, a change of 16,000,000 (4.6%).
- Net income of 19,700,000 contributed positively to equity growth.
- Dividend payments of 5,200,000 reduced retained earnings.
- Share repurchases of 1,400,000 reduced equity.
- Other comprehensive income increased equity by 300,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX19.70 Million | +5.46% |
| Dividends Paid | GBX5.20 Million | -1.44% |
| Share Repurchases | GBX1.40 Million | -0.39% |
| Other Comprehensive Income | GBX300.00K | +0.08% |
| Other Changes | GBX2.60 Million | +0.72% |
| Total Change | GBX- | 4.64% |
Book Value vs Market Value Analysis
This analysis compares Secure Trust Bank PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 71.92x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 2162.22x to 71.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | GBX0.62 | GBX1335.00 | x |
| 2009-12-31 | GBX0.85 | GBX1335.00 | x |
| 2010-12-31 | GBX1.26 | GBX1335.00 | x |
| 2011-12-31 | GBX1.86 | GBX1335.00 | x |
| 2012-12-31 | GBX3.92 | GBX1335.00 | x |
| 2013-12-31 | GBX3.87 | GBX1335.00 | x |
| 2014-12-31 | GBX7.31 | GBX1335.00 | x |
| 2015-12-31 | GBX7.62 | GBX1335.00 | x |
| 2016-12-31 | GBX12.85 | GBX1335.00 | x |
| 2017-12-31 | GBX13.32 | GBX1335.00 | x |
| 2018-12-31 | GBX12.64 | GBX1335.00 | x |
| 2019-12-31 | GBX13.59 | GBX1335.00 | x |
| 2020-12-31 | GBX14.23 | GBX1335.00 | x |
| 2021-12-31 | GBX15.88 | GBX1335.00 | x |
| 2022-12-31 | GBX16.95 | GBX1335.00 | x |
| 2023-12-31 | GBX17.88 | GBX1335.00 | x |
| 2024-12-31 | GBX18.56 | GBX1335.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Secure Trust Bank PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.86%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 11.42x
- Recent ROE (5.46%) is below the historical average (21.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 40.08% | 0.00% | 0.00x | 6.08x | GBX2.63 Million |
| 2009 | 48.17% | 0.00% | 0.00x | 9.61x | GBX4.60 Million |
| 2010 | 39.57% | 0.00% | 0.00x | 11.44x | GBX4.67 Million |
| 2011 | 21.26% | 21.26% | 0.08x | 12.93x | GBX2.68 Million |
| 2012 | 27.78% | 33.03% | 0.10x | 8.49x | GBX9.94 Million |
| 2013 | 19.84% | 15.57% | 0.15x | 8.48x | GBX6.10 Million |
| 2014 | 16.41% | 20.94% | 0.13x | 6.26x | GBX8.01 Million |
| 2015 | 20.33% | 31.16% | 0.07x | 8.83x | GBX14.58 Million |
| 2016 | 58.26% | 116.33% | 0.08x | 6.40x | GBX113.90 Million |
| 2017 | 9.55% | 18.34% | 0.07x | 7.59x | GBX-1.11 Million |
| 2018 | 11.94% | 18.67% | 0.06x | 10.31x | GBX4.59 Million |
| 2019 | 12.24% | 18.79% | 0.06x | 10.56x | GBX5.69 Million |
| 2020 | 5.69% | 7.39% | 0.08x | 9.85x | GBX-11.65 Million |
| 2021 | 15.08% | 25.84% | 0.06x | 9.54x | GBX15.36 Million |
| 2022 | 10.31% | 15.34% | 0.06x | 10.34x | GBX1.01 Million |
| 2023 | 7.05% | 17.14% | 0.04x | 10.97x | GBX-10.15 Million |
| 2024 | 5.46% | 13.86% | 0.03x | 11.42x | GBX-16.35 Million |
Industry Comparison
This section compares Secure Trust Bank PLC's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $392,726,279,778
- Average return on equity (ROE) among peers: 8.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Secure Trust Bank PLC (STB) | GBX374.10 Million | 40.08% | 10.46x | $32.03K |
| Bper Banca SpA (0MU6) | $11.56 Billion | 12.13% | 11.16x | $12.96 Billion |
| Arbuthnot Banking Group Plc (ARBB) | $208.34 Million | 2.96% | 11.46x | $17.28K |
| Axis Bank Ltd GDR (AXB) | $1.30 Trillion | 8.31% | 9.33x | $354.81 Million |
| Halyk Bank of Kazakhstan Joint Stock Company (HSBK) | $529.93 Billion | 22.70% | 7.41x | $2.64 Billion |
| Nationwide Building Society (NBS) | $4.19 Billion | 6.28% | 19.41x | $1.30 Billion |
| Permanent TSB Group Holdings PLC (PTSB) | $1.71 Billion | -9.50% | 11.30x | $1.72 Billion |
| SANTANDER UK 8 5/8% NON-CUM STLG PRF (SANB) | $15.91 Billion | 7.07% | 16.81x | $157.33 |
| State Bank of India GDR (SBID) | $1.67 Trillion | 10.18% | 15.18x | $471.55 Billion |
| Shawbrook Group PLC (SHAW) | $437.20 Million | 14.82% | 9.63x | $310.15K |