14th May 2026 12:10
Secure Trust Bank PLC - Solihull, England-based business and consumer lender - Continuing net lending rises to GBP3.35 billion in the first quarter of 2026, up 1.5% from GBP3.30 billion in the fourth quarter of 2025, and 6.6% higher than GBP3.14 billion a year prior. Secure Trust Bank notes a "broadly stable" quarter in retail finance, up 7.3%, helped by a "strong" performance in furniture. Business finance was up 3.0% on-quarter and up 6.1% on-year. "New product initiatives have gained traction in the quarter. Key roles are now fully recruited and operational readiness including technology development is progressing well. Lending activity has commenced across these products, with a growing pipeline building positive momentum to support growth ambitions," Secure Trust Bank says.
Current stock price: 1,280.80 pence each, up 2.3% on Thursday afternoon in London
12-month change: more than doubled from 610.00p
By Tom Budszus, Alliance News slot editor
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