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Secure Trust Bank ( (GB:STB) ) has issued an update.
Secure Trust Bank PLC has announced a change in major holdings, with Ameriprise Financial, Inc. reducing its voting rights in the bank from 9.565% to 4.98% as of December 11, 2024. This decrease in holdings could impact the bank’s shareholder structure and influence future strategic decisions, reflecting a significant shift in stakeholder dynamics.
More about Secure Trust Bank
Secure Trust Bank PLC is an established UK retail bank with over 70 years of trading history, operating from its head office in Solihull, West Midlands. It employs 897 full-time equivalent staff as of September 2024 and focuses on business finance through its Real Estate Finance and Commercial Finance divisions, as well as consumer finance through its Vehicle Finance and Retail Finance divisions. The bank is authorised by the Prudential Regulation Authority and regulated by both the Financial Conduct Authority and the Prudential Regulation Authority.
YTD Price Performance: -47.40%
Average Trading Volume: 167,960
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £65.8M
Find detailed analytics on STB stock on TipRanks’ Stock Analysis page.
