RCS - Secure Trust BankPLC - Progressive publishes new research

Secure Trust BankAnnouncement

16/07/2024 08:15

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RNS Number : 5605W  Secure Trust Bank PLC  16 July 2024

 Tech-enabled growth and efficiency drive operational leverage

We initiate coverage on Secure Trust Bank (STB), a leading retail
 deposit-funded specialist bank operating in four core markets with substantial
 growth opportunities. STB's ambitious and achievable medium-term targets aim
 to deliver significantly higher profitability combined with a lower-risk
 earnings stream. The key to much of this is STB's grip on technology and the
 extent to which it has been embedded across all businesses and integrated with
 its business partners. STB has a 31 December financial year-end, and will
 announce 2024 interim results on 14 August.

Click here for full analysis
(https://progressive-research.com/research/tech-enabled-growth-and-efficiency-drive-operational-leverage/)

 

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About Progressive:

 

Progressive is an equity research and investor engagement company.  FCA
authorised and regulated, the firm has a 15-strong team of highly experienced
analysts.  We provide Institutional grade research and connect companies with
investors across every sector of the market.

 

www.progressive-research.com (http://www.progressive-research.com)

 

 Broad coverage                    Analyst calibre


 across 12 sectors

 Business Services  Oil & Gas      15         with average    20
                                   analysts                   years
 Financials         Property                  experience of
 Healthcare         Retail
 Industrials        Technology     30+                        techMARK
 Investment Trusts  Telecoms                  industry based  Extel
 Mining             Utilities                 awards          StarMine

 

 

For further information please contact:

+44 (0) 20 7781 5300

info@progressive-research.com

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