Singapore, May 2, 2025 – Standard Chartered PLC (STAN.L) reported first-quarter 2025 net earnings of $1.47 billion, surpassing analyst expectations and continuing its growth trajectory in Asian markets.
Key Financial Highlights:
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Wealth Management Revenue: $1.2 billion (+16% YoY)
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Corporate & Institutional Banking: $2.3 billion (+8% YoY)
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Net Interest Income: $2.5 billion (flat YoY due to margin pressure)
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Loan Loss Provisions: 290million(upfrom250 million in Q1 2024)
Regional Breakdown:
✔ Asia (60% of revenue): +12% YoY (Hong Kong, Singapore, India leading growth)
✔ Africa & Middle East: +6% YoY (UAE and South Africa key contributors)
✔ Europe & Americas: +3% YoY (moderate growth in UK and US operations)
CEO Bill Winters’ Comments:
“Our wealth management division continues to outperform, driven by high-net-worth clients in Asia. However, inflationary pressures and geopolitical risks in emerging markets require vigilance.”
Analyst Insights:
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Barclays: “Wealth management is now Standard Chartered’s crown jewel, contributing 25% of total revenue.”
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HSBC Research: “Net interest margins (NIM) remain under pressure, but fee income is compensating well.”
Market Reaction:
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Shares rose 2.8% in Hong Kong trading.
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Credit Suisse lifted their rating to ‘Outperform’, pointing to stronger-than-expected fee and commission income.
