Secure Trust Bank plc
Secure Trust Bank PLC is a UK specialist bank providing savings accounts and lending services to around 1.5 million customers, operating exclusively in the UK across Consumer Finance (Retail Finance point-of-sale lending; Vehicle Finance, exited in 2025) and Business Finance (Real Estate Finance, Commercial Finance), funded by retail Savings deposits. It has been operating for over 70 years and is listed on the London Stock Exchange.
FY2025 in sixty seconds
year to 31 Dec 2025 · approved 11 Mar 2026 · 205 pages · Companies House
Secure Trust Bank PLC is a UK specialist bank that takes savings deposits and lends to shoppers and businesses. Interest earned on lending in the businesses it is keeping, after paying savers, rose to £151.1m. Profit before tax fell to £27.5m from £29.2m. The main reason was leaving vehicle finance, which stopped new lending in July 2025 and was sold in February 2026. The bank set aside an extra £16.4m to compensate past car-loan customers over historic commissions and booked £5.0m of exit costs. Losses on bad loans also rose, partly because of two older property development loans.
Cash at the year end was £559.8m, against borrowings of £299.4m. The bank raised very little from shareholders, issuing new shares only through staff schemes. The proposed dividend for the year rises to 35.5p a share from 33.8p.
Management aims for about 10% yearly growth in the businesses it is keeping, but warns of uncertainty from global conflict, inflation and interest rates. The auditor raised no doubt about the bank's ability to keep operating. The report warns that the car-loan compensation could cost a further £6m if the regulator's scheme goes ahead as proposed.
Retail Finance point-of-sale consumer lending via c.900 retail partners (furniture, dental, jewellery, leisure)
Net lending grew 9.1% to £1,407.0m (2024: £1,289.7m); new business market share of 15.5% (2024: 13.6%)
page 9Net interest margin held at 4.7% via pricing discipline amid falling Bank of England base rate
NIM 4.7% (2024: 4.7%) despite four base rate cuts to 3.75%
page 17Chair: strategic decisions taken will support sustainable growth, deliver improved performance and increased return on equity; macroeconomic outlook remains uncertain with muted UK growth and significant geopolitical uncertainty
page 9Progressive dividend policy (dividends will not reduce year-on-year), effective from the 2024 AGM. Proposed final dividend of 23.7p per share (2024: 22.5p), taking total 2025 dividend to 35.5p per share (2024: 33.8p); final dividend payable 21 May 2026 to shareholders on the register at 24 April 2026
page 1811 years on one page · FY2015–FY2025
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GBP millions, negatives in brackets. Per-share lines in pence. Share counts in millions. Margins and returns as percentages, calculated from the filed figures. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated.
7 figures restated in a later report
Every figure is read again from the following year’s report: 279 confirmed, 8 differ, 7 restated.
No figure has been restated: every figure a later report printed again, it printed the same.
7 more figures were restated in FY2015 to FY2022, which a free account opens.