Secure Trust Bank PLC (LON:STB)

Secure Trust Bank Income Statement

Financials in millions GBP. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	366.01	304	203	163.9	192.5
Interest Paid on Deposits	181.1	136.5	50.4	27.7	41.6
Net Interest Income	184.91	167.5	152.6	136.2	150.9
Net Interest Income Growth (YoY)	10.39%	9.76%	12.04%	-9.74%	3.78%
Gain (Loss) on Sale of Investments	0.1	0.3	1.1	1.5	-3.1
Other Non-Interest Income	19	17.2	17	12.7	15.2
Total Non-Interest Income	19.1	17.5	18.1	14.2	12.1
Non-Interest Income Growth (YoY)	9.14%	-3.31%	27.46%	17.36%	-39.80%
Revenues Before Loan Losses	204.01	185	170.7	150.4	163
Provision for Loan Losses	61.9	43.2	38.2	5	51.3
Revenue	142.11	141.8	132.5	145.4	111.7
Revenue Growth (YoY)	0.22%	7.02%	-8.87%	30.17%	-15.95%
Salaries and Employee Benefits	-	-	55.7	55.2	51.8
Occupancy Expenses	-	-	2.6	2.6	2.6
Amortization of Goodwill & Intangibles	-	-	1.4	1.5	2
Selling, General & Administrative	0.8	-	40.6	43.8	36.2
Other Non-Interest Expense	99.51	100.4	0.3	0.1	-
Total Non-Interest Expense	102.61	100.4	102.4	104.1	92.6
EBT Excluding Unusual Items	39.5	41.4	30.1	41.3	19.1
Asset Writedown	-0.4	-	-	-	-
Other Unusual Items	-8.4	-5.3	-	-	-
Pretax Income	29.2	36.1	30.1	41.3	19.1
Income Tax Expense	9.5	9.7	9.4	10.4	3.7
Earnings From Continuing Operations	19.7	26.4	20.7	30.9	15.4
Earnings From Discontinued Operations	-	-2.1	13	14.7	-
Net Income	19.7	24.3	33.7	45.6	15.4
Net Income to Common	19.7	24.3	33.7	45.6	15.4
Net Income Growth	-18.93%	-27.89%	-26.10%	196.10%	-50.48%
Basic Shares Outstanding	19	19	19	19	19
Diluted Shares Outstanding	19	19	19	19	19
Shares Change (YoY)	0.80%	-0.12%	1.29%	0.16%	1.72%
EPS (Basic)	1.03	1.30	1.80	2.45	0.83
EPS (Diluted)	1.01	1.26	1.80	2.45	0.81
EPS Growth	-19.59%	-30.13%	-26.24%	202.06%	-51.32%
Dividend Per Share	0.338	0.322	0.451	0.611	0.440
Dividend Growth	4.97%	-28.60%	-26.19%	38.86%	120.00%
Effective Tax Rate	32.53%	26.87%	31.23%	25.18%	19.37%

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.