Secure Trust Bank PLC (STB) - Net Assets
Based on the latest financial reports, Secure Trust Bank PLC (STB) has net assets worth GBX374.10 Million GBX (≈ $45.52K USD) 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 ≈ $521.71K USD) and total liabilities (GBX3.91 Billion ≈ $476.20K USD). 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. Read STB liabilities breakdown for a breakdown of total debt and financial obligations.
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. Also explore STB total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Secure Trust Bank PLC (STB) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX360.50 Million ≈ $43.86K |
+4.64% |
| 2023-12-31 | GBX344.50 Million ≈ $41.92K |
+5.38% |
| 2022-12-31 | GBX326.90 Million ≈ $39.77K |
+8.10% |
| 2021-12-31 | GBX302.40 Million ≈ $36.79K |
+11.79% |
| 2020-12-31 | GBX270.50 Million ≈ $32.91K |
+6.45% |
| 2019-12-31 | GBX254.10 Million ≈ $30.92K |
+7.17% |
| 2018-12-31 | GBX237.10 Million ≈ $28.85K |
-4.82% |
| 2017-12-31 | GBX249.10 Million ≈ $30.31K |
+5.55% |
| 2016-12-31 | GBX236.00 Million ≈ $28.71K |
+67.14% |
| 2015-12-31 | GBX141.20 Million ≈ $17.18K |
+13.05% |
| 2014-12-31 | GBX124.90 Million ≈ $15.20K |
+101.45% |
| 2013-12-31 | GBX62.00 Million ≈ $7.54K |
+10.87% |
| 2012-12-31 | GBX55.92 Million ≈ $6.80K |
+134.81% |
| 2011-12-31 | GBX23.82 Million ≈ $2.90K |
+50.77% |
| 2010-12-31 | GBX15.80 Million ≈ $1.92K |
+31.11% |
| 2009-12-31 | GBX12.05 Million ≈ $1.47K |
+37.74% |
| 2008-12-31 | GBX8.75 Million ≈ $1.06K |
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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 |
|---|---|
|
Schroder Income Growth Fund
LSE:SCF
|
$2.87 Million |
|
EMPYREAN ENERGY LS-002
F:E1E
|
$2.87 Million |
|
Braille Energy Systems Inc
V:BES
|
$2.87 Million |
|
Baillie Gifford UK Growth Fund PLC
LSE:BGUK
|
$2.87 Million |
|
Marin Software Inc
NASDAQ:MRIN
|
$2.86 Million |
|
Nexion Group Ltd
AU:NNG
|
$2.86 Million |
|
Viver Incorporadora e Construtora S.A
SA:VIVR3
|
$2.86 Million |
|
CrownHaitai Holdings Co Ltd Preference Shares
KO:005745
|
$2.86 Million |
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: 67.99x
- 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 2043.99x to 67.99x 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 | GBX1262.00 | x |
| 2009-12-31 | GBX0.85 | GBX1262.00 | x |
| 2010-12-31 | GBX1.26 | GBX1262.00 | x |
| 2011-12-31 | GBX1.86 | GBX1262.00 | x |
| 2012-12-31 | GBX3.92 | GBX1262.00 | x |
| 2013-12-31 | GBX3.87 | GBX1262.00 | x |
| 2014-12-31 | GBX7.31 | GBX1262.00 | x |
| 2015-12-31 | GBX7.62 | GBX1262.00 | x |
| 2016-12-31 | GBX12.85 | GBX1262.00 | x |
| 2017-12-31 | GBX13.32 | GBX1262.00 | x |
| 2018-12-31 | GBX12.64 | GBX1262.00 | x |
| 2019-12-31 | GBX13.59 | GBX1262.00 | x |
| 2020-12-31 | GBX14.23 | GBX1262.00 | x |
| 2021-12-31 | GBX15.88 | GBX1262.00 | x |
| 2022-12-31 | GBX16.95 | GBX1262.00 | x |
| 2023-12-31 | GBX17.88 | GBX1262.00 | x |
| 2024-12-31 | GBX18.56 | GBX1262.00 | 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: $201,802,610,756
- Average return on equity (ROE) among peers: 9.59%
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 | $2.87 Million |
| Arbuthnot Banking Group Plc (ARBB) | $21.85 Million | 21.48% | 6.37x | $1.67 Million |
| Axis Bank Ltd GDR (AXB) | $1.58 Trillion | 16.75% | 8.64x | $410.15 Million |
| Lion Finance Group PLC (BGEO) | $2.15 Billion | 23.14% | 7.63x | $57.47 Million |
| Close Brothers Group plc (CBG) | $1.30 Billion | 15.52% | 6.83x | $8.09 Million |
| Halyk Bank of Kazakhstan Joint Stock Company (HSBK) | $309.13 Billion | 12.74% | 6.36x | $6.48 Billion |
| Lloyds Banking Group PLC (LLOY) | $39.34 Billion | -2.13% | 20.41x | $703.30 Million |
| Manx Financial Group Plc (MFX) | $29.77 Million | 14.55% | 11.74x | $403.91K |
| Metro Bank PLC (MTRO) | $407.18 Million | -12.08% | 14.10x | $12.19 Million |
| Nationwide Building Society (NBS) | $14.36 Billion | 8.72% | 17.96x | $1.19 Billion |
| NatWest Group PLC (NWG) | $76.05 Billion | -2.83% | 18.81x | $548.86 Million |
About 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