Standard Charterd Q1 2025 profitability

Standard Charterd won on Friday Profit expectations in the first quarter against the background of strong growth in wealth management and global markets and global banking companies.

The bank’s profit was reported before taxes for the three months that ended in March $ 2.103 billion, up from $ 1.91 billion in The same period a year ago.

Below are the results of Standard Hartrared in the first quarter of 2025 compared to unanimity estimates The bank collected.

• Before the tax profit: $ 2.103 billion for $ 1.905 billion
• Net basic interest revenues (NII): $ 2.796 billion for $ 2.796 billion

“We have performed a strong performance in the first quarter of 2025, with the profits of the share increased by 19 %, driven by the growth of income from two numbers in wealth solutions, global markets and global banking services,” Group CEO Bill Winters said in a statement.

The bank’s wealth solutions section was prominent during this quarter, as it recorded an increase of 28 % on an annual basis in operational income.

Standard Hartrid’s Global Markets has registered a 14 % increase in operating income during a quarter, supported by strong growth in credit trading. The global banking section has witnessed a 17 % increase in operational income.

However, the bank reserved fees for credit impairment of $ 219 million in the first quarter, an increase of 24 % on an annual basis, with the largest part of the division of its wealth and retail trade, as the rates of rise in paying certain portfolios began to be not guaranteed.

“To move forward, we may expect interest rates to decrease, which reduces the pressure of borrowers,” according to Michael Macad, a stockpile analyst in Morningstar.

The profits do not get the effect of Trump’s tariff completely, as the “mutual” definitions that were announced in April were suspended. However, the drawings on steel, aluminum and cars have been valid since March.

Although the imposition of commercial tariffs has increased the global economic and geopolitical complexity, it was confident that the bank would continue to improve the returns.

“Our presence in high -growth markets throughout Asia, Africa and the Middle East is the key to sustainable value in the long term of our shareholders, and we are still focusing on enhancing these competitive advantages to push future growth,” Winters said.

The bank also maintained its guidance in 2025 and 2026, where it is expected that the operating income will grow at an annual rate of 5 and 7 % between 2023 and 2026, except for the effect of re -classification of deposits.

The profit group comes after Standard Chartrad mentioned in February The annual profits increased in 2024 18 % Against the background of the record in the wealth unit and strong results from the market department. London -based lender called for a $ 1.5 billion share of an arrow after reporting the results of the entire year.

The bank is also currently on a costs initiative called “FIT for Growth”, which It was presented in 2024. It aims to save approximately $ 1.5 billion over three years.

Just a few days ago, HSBC Bank focuses on Asia focuses on Asia The re -purchase announced up to 3 billion dollarsWhich was aimed at completing it before its temporary results 2025.