Edison Investment Research Limited Edison Investment Research Limited: Secure Trust Bank (STB): Solid FY20, ready for growth 12-Apr-2021 / 10:50 GMT/BST London, UK, 12 April 2021 Secure Trust Bank (STB): Solid FY20, ready for growth Secure Trust Bank (STB) reported FY20 PBT of £20.1m versus our estimate of £13m. The beat was mostly driven by lower than expected impairments (2.3% vs 2.7%). PBT was about 50% down on FY19, but the ROE of 6.2% shows resilience given the pandemic. STB's Q3 update...