standardchartered
Shares of British multinational bank Standard Chartered were gaining more than 5% on the London Stock Exchange after the lending major reported Thursday higher profit in its first quarter, despite weak net interest income. The company further maintained its fiscal 2024 guidance. Standard Chartered reported first quarter profit before tax of $1.91 billion compared to $1.81 billion, prior year. Earnings per ordinary share, in cents, was 45.4 compared to 39.8. Underlying operating income was $5.15 billion, up 17%. Underlying earnings per share, in cents, was 51.7 compared to 36.8. First quarter n...
DPA International
Shares of British multinational bank Standard Chartered were gaining more than 5% on the London Stock Exchange after the lending major reported Thursday higher profit in its first quarter, despite weak net interest income. The company further maintained its fiscal 2024 guidance. Standard Chartered reported first quarter profit before tax of $1.91 billion compared to $1.81 billion, prior year. Earnings per ordinary share, in cents, was 45.4 compared to 39.8. Underlying operating income was $5.15 billion, up 17%. Underlying earnings per share, in cents, was 51.7 compared to 36.8. First quarter n...
DPA
Shares of British multinational bank Standard Chartered were gaining more than 5% on the London Stock Exchange after the lending major reported Thursday higher profit in its first quarter, despite weak net interest income. The company further maintained its fiscal 2024 guidance. Standard Chartered reported first quarter profit before tax of $1.91 billion compared to $1.81 billion, prior year. Earnings per ordinary share, in cents, was 45.4 compared to 39.8. Underlying operating income was $5.15 billion, up 17%. Underlying earnings per share, in cents, was 51.7 compared to 36.8. First quarter n...
DPA Breaking News
British multinational bank Standard Chartered reported first quarter profit before tax of $1.91 billion compared to $1.81 billion, prior year. Earnings per ordinary share, in cents, was 45.4 compared to 39.8. Underlying operating income was $5.15 billion, up 17%. Underlying earnings per share, in cents, was 51.7 compared to 36.8. First quarter net interest income declined to $1.57 billion from $2.01 billion, previous year. Underlying net interest income was up 5% at constant currency to $2.4 billion. The company maintained its full year 2024 guidance.
DPA Breaking News
Survey reveals recovery momentum intact HONG KONG, July 3, 2023 - (ACN Newswire) - Standard Chartered and the Hong Kong Trade Development Council (HKTDC) today released the Standard Chartered GBA Business Confidence Index (GBAI) for the second quarter of this year. The current performance of "business confidence" eased to the 50 neutral mark while the expectations index remained in the expansionary territory (58.7), the second-highest reading in two years. The headline expectations index for credit also remained expansionary at 51.6, reflecting sanguine underlying growth expectations among com...
ACN Newswire
Standard Chartered PLC (LON:STAN)’s Full year underlying operating income was $14.7bn, down 1%, ignoring the effect of exchange rates. That reflects a fall in net interest income, which is earned largely from interest payments, and flat other income, which includes things like fees. Q4 2021 hedge fund letters, conferences and more Underlying pre-tax profit rose 61% to $3.9bn. This was largely thanks to much lower credit impairment charges as the economic backdrop improved. The group plans to achieve a return on tangible equity of 10% by 2024. This will include generating higher income – helped...
ValueWalk
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