Company
Secure Trust Bank plc
Headquarters: Solihull, United Kingdom
Founded: 1952
Employees: 1,003
CEO: Mr. David Andrew McCreadie
Market Cap
£130.6 Million
GBP as of Jan. 1, 2024
US$166.3 Million
Secure Trust Bank plc Categories
United Kingdom Financials Banks—RegionalUnited Kingdom Financials United Kingdom Banks—Regional
Top Competitors by Market Capitalization
Industry: Banks—Regional
| Company | Market Cap (USD) |
|---|---|
| HDFC Bank | $167.72 B |
| China Merchants Bank | $98.57 B |
| Al Rajhi Banking and Investment Corp | $93.33 B |
| ICICI Bank Limited | $83.47 B |
| BNP Paribas SA | $80.01 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
Detailed Description
Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. It operates in seven segments: Real Estate Finance, Asset Finance, Commercial Finance, Motor Finance, Retail Finance, Debt Management, and Consumer Mortgages. The Real Estate Finance segment provides loans for residential and commercial investment and development, as well as for mixed development projects. The Asset Finance segment offers loans to acquire the commercial assets, such as commercial vehicles, and building and manufacturing equipment to small and medium sized enterprises (SMEs). The Commercial Finance segment provides invoice financing solutions, including invoice discounting and factoring, and coronavirus business interruption loan scheme finance to businesses. The Motor Finance segment provides hire purchase agreements secured against the vehicle being financed. This segment distributes its motor finance products through motor dealers, brokers, and internet introducers. The Retail Finance segment offers point of sale unsecured finance for in-store and online retailers under the V12 brand. This segment serves retailers of various industries, including cycle, music, furniture, outdoor/leisure, electronics, dental, jewelry, home improvements, and football season tickets. The Debt Management segment provides debt collection services. The Consumer Mortgages segment provides residential mortgages for self-employed and contract workers through mortgage intermediaries. The company also provides term deposits, notice, and sight deposits; property rental services; and leasing services. Secure Trust Bank PLC was founded in 1952 and is headquartered in Solihull, the United Kingdom.
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Stocks & Indices
Secure Trust Bank plc has the following listings and related stock indices.
Stock: LSE: STB wb_incandescent
Product & Services
Business banking, motor finance, retail finance, savings
Key People
Lord Forsyth (Chairman) David Mc Creadie (CEO)
Financials
Revenue: £180.0 million (2021)
Operating income: £164.5 million (2021)
Net income: £45.6 million (2021)
Total assets: £2.9 billion (2021)