Sign up to save your podcasts
Or
Share Fast growing UK bank trading at 5.1x PE and 0.45x PB - Part 1
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Fast growing UK bank trading at 5.1x PE and 0.45x PB - Part 1
- In this series of videos I take a look at Secure Trust Bank (STB.L) - a fast growing specialist lender trading at a deeply depressed valuation. Part 1 provides an overview of the company and its history, before looking at the retail finance segment in detail.
- Chapters:
- 0:00 Introduction
- 1:28 Executive summary
- 8:58 History
- 13:00 Retail finance overview
- 19:40 Finance types
- 24:00 AppToPay
- 29:37 Retail partner selection
- 32:02 Customer ratings
- 32:55 Loan book growth
- 34:53 Net interest income and risk adjusted income
- 39:24 Market share
- 41:00 Barclays Partner Finance
- 45:05 Creation Consumer Finance Limited
- 51:14 Novuna Consumer Finance
- 56:15 Klarna
- 1:02:23 Clearpay
- 1:09:45 Zilch
- 1:15:48 Laybuy
- 1:18:55 PayPal
- 1:23:20 Which competitors are most formidable?
- 1:26:35 What's coming up in the next video
- 1:28:20 Firm Returns
- You can read the article here: https://www.firmreturns.com/secure-trust-bank-research-report/
- Where you can also subscribe to my free newsletter to get the articles delivered directly to your inbox.
- I'm on Twitter at: https://twitter.com/FirmReturns
View all episodes
By James Goodwin- In this series of videos I take a look at Secure Trust Bank (STB.L) - a fast growing specialist lender trading at a deeply depressed valuation. Part 1 provides an overview of the company and its history, before looking at the retail finance segment in detail.
- Chapters:
- 0:00 Introduction
- 1:28 Executive summary
- 8:58 History
- 13:00 Retail finance overview
- 19:40 Finance types
- 24:00 AppToPay
- 29:37 Retail partner selection
- 32:02 Customer ratings
- 32:55 Loan book growth
- 34:53 Net interest income and risk adjusted income
- 39:24 Market share
- 41:00 Barclays Partner Finance
- 45:05 Creation Consumer Finance Limited
- 51:14 Novuna Consumer Finance
- 56:15 Klarna
- 1:02:23 Clearpay
- 1:09:45 Zilch
- 1:15:48 Laybuy
- 1:18:55 PayPal
- 1:23:20 Which competitors are most formidable?
- 1:26:35 What's coming up in the next video
- 1:28:20 Firm Returns
- You can read the article here: https://www.firmreturns.com/secure-trust-bank-research-report/
- Where you can also subscribe to my free newsletter to get the articles delivered directly to your inbox.
- I'm on Twitter at: https://twitter.com/FirmReturns