Secure Trust Bank posts 9.4% H1 2026 profit rise, capital remains robust

Secure Trust Bank on Tuesday reported a 9.4% year-over-year increase in pre-tax profit for the six months ended June 30, 2026, while maintaining strong capital positions.

The UK-based bank said pre-tax profit rose to £42.3 million from £38.7 million in the same period a year earlier. Net interest income increased 7.1% to £118.5 million, driven by higher lending volumes and improved asset yields.

The bank’s common equity tier 1 (CET1) ratio stood at 15.2%, unchanged from December 2025, reflecting disciplined risk management and steady capital generation. Total risk-weighted assets grew 4.8% to £3.1 billion, partly offset by retained earnings growth.

Loan impairment charges fell 12% to £8.4 million, supported by continued low arrears and conservative underwriting standards. Operating expenses rose 5.3% to £72.1 million, primarily due to investment in technology and compliance frameworks.

Secure Trust Bank reiterated its full-year 2026 guidance, targeting pre-tax profit growth of 8-10% and a CET1 ratio above 15%. The lender’s shares were unchanged in early trading on the London Stock Exchange.

Analysts noted the results as broadly in line with expectations, with capital strength providing a buffer against macroeconomic uncertainty.