Yahoo Finance Secure Trust Bank First Half 2023 Earnings: EPS: UK£0.66 (vs UK£0.69 in 1H 2022)
Secure Trust Bank (LON:STB) First Half 2023 Results
Key Financial Results
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.
EPS: UK£0.66 (down from UK£0.69 in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Secure Trust Bank Earnings Insights
Looking ahead, 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.
Performance of the British Banks industry.
The company's shares are up 19% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Secure Trust Bank that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
