Standard Chartered PLC (OTCPK:SCBFF)
$ 11.946 -0.299 (-2.44%) Market Cap: 30.12 Bil Enterprise Value: 41.12 Bil PE Ratio: 8.31 PB Ratio: 0.60 GF Score: 64/100

Q1 2022 Standard Chartered PLC Earnings Call Transcript

Apr 28, 2022 / 07:00AM GMT
Release Date Price: $6.43
Operator

Welcome to the Standard Chartered PLC's First Quarter 2022 Results. Today's presentation is being hosted by Bill Winters, Group Chief Executive; and Andy Halford, Group Chief Financial Officer. (Operator Instructions)

At this point, I would like to hand over to Bill to begin.

William Thomas Winters
Standard Chartered PLC - Group Chief Executive & Director

Good morning and good afternoon, everybody, and thanks very much for joining us for today's first quarter results presentation. So I'm going to make a few introductory comments, and then Andy will talk through the results in some detail. We'll then both be back for Q&A as usual.

We posted a really strong set of results for the first quarter in what's been a very volatile and challenging environment. Our profit before tax grew 5% year-on-year with strong business momentum driving top line growth of 9% with record Financial Markets performance and double-digit growth in net interest income, along with an 11.1% return on tangible equity.

During this period, we actively

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot