Secure Trust Bank Plc · LSE:STB
Secure Trust Bank — Investor Day (March 2026)
45 slides from Secure Trust Bank's investor day presentation, Mar 12, 2026
Slide 1: Secure Trust Bank: Targeted growth for higher returns
Secure Trust Bank Targeted growth for higher returns Investor Update - 12 March 2026 Helping more consumers and businesses fulfil their ambitions
Slide 2: Today's Sessions
Today's 14:15 14:40 Sessions Group Overview and Strategy Capital Allocation & Cost Management Framework Ian Corfield Rachel Lawrence Chief Executive Officer Chief Financial Officer 15:00 15:30 16:30 Divisional Spotlights Concluding Remarks Finish Andy Phillips and Q&A MD - Retail Finance Luke Jooste
Slide 3: Group Overview and Strategy
Group Overview and Strategy Ian Corfield Chief Executive Officer 3
Slide 4: We have made significant progress since 2021
We have made significant progress since 2021 Simplified Enhanced Leveraged to focus on two continuing customer experience through networks across the business lending divisions and deliver digital-first approach to increase the loan book in significant operational our continuing divisions efficienci
Slide 5: We have simplified our business since 2021
We have simplified our business since 2021 Divested non-core portfolios; grown continuing divisions Completed sale of Consumer Vehicle Divested portfolios Finance business in February 2026 2021 2025 £2.4bn loan book £3.7bn loan book £1.9bn deposits £3.5bn deposits Retail Finance Business Finance Rea
Slide 6: Delivery against previous medium-term targets
Delivery against previous medium-term targets Previous medium-term targets Since 2021, we have delivered strong growth in balance sheet CET 1 Ratio >12% whilst maintaining net interest margin,delivering cost efficiencies, c. £4bn net lending and returns towards target range on a continuing basis Cos
Slide 7: Secure Trust Bank today
Secure Trust Bank today Point of sale consumer finance: Secured lending to UK SMEs: Range of Savings products: • Interest Free • Residential Investment Finance • Term Deposits • Notice Deposits • Interest Bearing • ABL Finance • ISA Term Deposits • Access Deposits • Development Finance £1.5bn 5.8% £
Slide 8: Targeted growth for higher returns
Targeted growth for higher returns Product Effective Capital Expansion Digital Solutions Discipline Driving growth through Scalable, flexible Capital allocation diversification of technology enables decisions informed product offering efficiencies, by business credit widens distribution expertise an
Slide 9: Targeted growth for higher returns: product expansion
Targeted growth for higher returns Leveraging existing strengths to move into complementary product areas Retail Expand into Home Improvements Finance Grow into Bridging Business Product Finance Expansion Initiate Speciality Finance offering Driving growth through diversification of product offering
Slide 10: Targeted growth for higher returns: digital solutions
Targeted growth for higher returns Using technology to improve operations for efficiencies and customer experience Retail Develop credit eligibility checker Finance Effective Create new digital broker portal for loan submissions Digital Solutions Business Finance Streamline through operational effic
Slide 11: Targeted growth for higher returns: capital discipline
Targeted growth for higher returns • Strengthened capital base can be deployed into organic growth opportunities • Leveraging insights and capabilities to make informed, disciplined capital deployment decisions • Growth ambitions delivered at high returns Capital • We will continue to maintain inves
Slide 12: Resetting medium-term targets for FY 2028
Resetting medium-term targets for FY 2028 c.10% >16% Annual net lending growth Return on Average Equity (ROAE) Our new medium-term targets will reflect a focus on targeted growth for higher returns, supported by: Strong capital base: CET1 ratio c. 13.0% Improvements in cost income ratio Stable risk
Slide 13: Drivers of increased ROAE
Drivers of increased ROAE Medium- High term operating target of leverage >16% ROAE Stable with lower RWA mix marginal CiR Maintaining improving cost for sustainable to income jaws RAM returns c. 10% through credit discipline and growth data insights in continuing businesses Secure Trust Bank PLC Inv
Slide 14: Capital Allocation and Cost Management
Capital Allocation and Cost Management Rachel Lawrence Chief Financial Officer 14
Slide 15: Optimising capital management
Optimising capital management Our capital framework optimises capital deployment for growth and value creation, whilst managing capital buffers By generating capital, we have choices to make on capital deployment 1 Assess capital buffers Increasing CET1 Ratio to c. 13.0% After evaluating capital buf
Slide 16: Capital position
Capital position Capital allocation illustration FY 2025 CET 1 ratio 12.9%, 14.7% 16.0% on pro forma basis recognising sale of Consumer Vehicle Finance 15.0% 1.7% surplus above new 13.0% CET 1 14.0% 1.8% (1.4%) ratio ambition would support 13.0% (0.3%) • 10% net lending growth at high returns, and 1
Slide 17: Cost management
Cost management Ambition is 35-40% cost income ratio in the medium term in line with market leading specialist banks Phasing run rate cost savings 25.0 20.0 15.0 £m 10.0 5.0 Run rate saving 0.0 Cost to achieve FY26 FY27 FY28 At HY 2025, we said exit from Vehicle Finance would release Target remains
Slide 18: 2026 Guidance
2026 Guidance Net lending 8-10% growth 2025 RAM c. 10 bps improvement Took decisive strategic actions to reshape the business Costs Cost income ratio c. 47% 2026 Transitional year to launch new product initiatives and Capital CET 1 ratio c. 13.5% deliver an accelerated cost reduction programme. Prog
Slide 19: Divisional Spotlights
Divisional Spotlights Andy Phillips Luke Jooste Rajat Mehta MD - Retail Finance MD - Business Finance Savings Director 19
Slide 20: Retail Finance
Retail Finance Andy Phillips MD - Retail Finance 20
Slide 21: Retail Finance overview
Leading point-of-sale finance provider, helping consumers purchase lifestyle goods and services Providing unsecured, interest-free and interest-bearing prime lending products to UK customers at low cost £1.5bn 5.8% Net lending balance RAM 1.3m+ c. 900 Active customers Retail partners Metrics: FY 202
Slide 22: Retail Finance - Market opportunities
V12 Retail Finance - Market opportunities Current loan book concentrated in Furniture and Jewellery Market Share* 15.5% High market share Furniture | Jewellery Medium market share Healthcare | Leisure #3 player in the Point of Sale Market Considerable headroom for growth Low market share Home Improv
Slide 23: Retail Finance - Right to win
Retail Finance - Right to win Agile technology Proven ability to scale • Seamless integration across retailers of • Strong partner relationships with deep, any size and complexity multi-sector retail partner network of c.900 retail partners • Fast and flexible decisions with 90% of applications auto
Slide 24: Retail Finance: Home improvements
Retail Finance: Home improvements Targeted growth for higher returns Product Expansion Large, investable opportunity, with a very similar risk profile to Furniture and Jewellery £3bn Addressable Market* Effective Eligibility checker will enable consumers to Market is growing with Digital apply for c
Slide 25: V12 enables us to deliver a fast, frictionless application journey
"V12 enables us to deliver a fast, frictionless application journey" "At Heatable, offering finance the right way matters to us. V12 enables us to deliver a fast, frictionless application journey while maintaining the standards and safeguards our customers expect. That balance between speed, integra
Slide 26: Retail Finance: Now, Next, Future
Retail Finance Now Next Future Furniture Home Direct to Consumer Improvements Jewellery Season Tickets Leisure Healthcare Secure Trust Bank PLC Investor Update 26
Slide 27: Business Finance
Business Finance Luke Jooste MD - Business Finance 27
Slide 28: Business Finance
Business Finance Secured, specialist lending to UK businesses As a specialist lender, we have the ability to drive returns and volume growth without compromising our We support businesses across the full funding cycle, risk-adjusted return profiles with bespoke £2–50m lending solutions. 5 distinct p
Slide 29: Business Finance - Market opportunities
Business Finance - Market opportunities Residential Investment Development ABL Bridging Speciality Finance £7bn £11bn £7-9bn £25bn £34-45bn c.£1.4bn c.£100m c.£360m c.£10m c.£60m Total addressable market Current lending Untapped Market Potential Marginal increase in our current market penetration ac
Slide 30: Business Finance - Right to win
Business Finance - Right to win Relationship Flexible Highly Market and Trusted funding driven solutions experienced credit risk partner Deep Able to write Team with expertise Reputation for relationships highly bespoke average of over Strong and deep high-quality service with clients deals at pace
Slide 31: Business Finance: Bridging
Business Finance: Bridging Targeted growth for higher returns Product Expansion Leveraging existing operational capabiliies and asset class knowledge to cover full lifecycle funding £11bn Addressable Market Effective Taking minimal market Loan submission portal will expand reach via Digital previous
Slide 32: Bridging loan customer testimonial
"We were confident in their ability to provide a near- immediate solution in the form of a bridging loan" “Having worked with the Secure Trust Bank team on various projects for over five years now, we were confident in their ability to provide a near-immediate solution in the form of a bridging loan
Slide 33: Business Finance: Speciality Finance
Business Finance: Speciality Finance Targeted growth for higher returns Product Expansion Expansion into new Speciality Finance market, lending to non-bank lenders £7-9bn Addressable Market Effective Operational efficiencies will help scale Taking minimal market Digital operations, reducing manual p
Slide 34: We have found STB to have the same values
"We have found STB to have the same values, making for a good fit." “The funding will provide us with the flexibility and sufficient headroom to continue expanding. We pride ourselves in our people who make a difference for our customers, and we have found STB to have the same values, making for a g
Slide 35: Business Finance: Now, Next
Business Finance Now Next Residential Investment Bridging Development Speciality Finance ABL Secure Trust Bank PLC Investor Update 35
Slide 36: Savings
Savings Rajat Mehta Savings Director 36
Slide 37: Savings
Savings £3.5bn Term Deposits: 78% Customer deposits Bonds: 43% ISA Term: 34% Notice: 1% STB Savings has a market 85k+ share of c. 0.2% of the Customers £2.1tn UK household savings market 1.3 Product holding per customer • Large headroom for £3.5bn growth and fully fund our £41k lending ambitions Ave
Slide 38: Savings: product expansion and digital
Savings Product Product: Expansion Base rate trackers & hybrid savings (term + access combos) Segments: Tap into £300bn of additional deposit pools through Business, Charities & Educational Institutions Effective Distribution: Digital Diversify by working with deposit platforms Solutions Digital: Co
Slide 39: Concluding Remarks
Concluding Remarks Ian Corfield Chief Executive Officer 39
Slide 40: Foundations in place for future success
Foundations in place for future success Medium-term targets for 2028 We have the... c.10% >16% Opportunities Annual net Return on lending growth Average Equity (ROAE) Capabilities Strategic Priorities Capital and funding For targeted growth at higher returns Product Effective Capital Expansion Digit
Slide 41: 5 key takeaways from today's Investor Update
5 key takeaways from today’s Investor Update 01 02 03 04 05 Large, investable, Operating Clear trajectory Now operating Well capitalised scale markets leverage to to higher at reduced cost and intend with product support 35- returns of risk to launch driven 40% cost £10m share opportunities income r
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Slide 43: Important Notice
Important The basis of this presentation: Forward looking statements: This presentation has been prepared by Secure Trust This presentation contains forward-looking statements Bank PLC (STB) solely for information. It is not an offer or about the business, strategy and plans of STB and its Notice so
Slide 44: Management Biographies
Management ()SecureTrust Biographies Bank Group
Slide 45: Management Biographies
Management Biographies Ian Corfield Rachel Lawrence Andy Phillips Luke Jooste Rajat Mehta Chief Executive Officer Chief Financial Officer Managing Director, Managing Director, Savings Director V12 Retail Finance Business Finance 25+ Years experience in 20+ Years experience in 20+ Years experience in