London, May 2, 2025 – Standard Chartered PLC (STAN.L) has reported a strong first-quarter performance for 2025, with net profits surging 12% year-over-year (YoY) to 1.45 billion, surpassing market expectations. The bank’s revenue$8$4.8 billion, driven by robust growth in Asia-focused operations, wealth management, and digital banking services.

Key Financial Highlights:

• Net Profit: $(vs.$1.29 billion in Q1 2024)

• Revenue: $(upfrom$4.44 billion YoY)

• Earnings Per Share (EPS): rose to $upfrom$0.43 in Q1 2024

• Loan Loss Provisions: $320 million (moderate increase due to China’s commercial real estate exposure)

Business Segment Performance:

1. Wealth Management (+15% YoY) – Strong demand for investment products in Hong Kong, Singapore, and India.

2. Corporate Banking (+10% YoY) – Increased trade financing and lending activity in emerging markets.

3. Digital Banking (+22% user growth) – Mobile app adoption surged, with 5 million new users in Q1.

CEO Bill Winters’ Statement:
“Our disciplined strategy in high-growth Asian markets and digital transformation initiatives continue to deliver strong returns. While we remain cautious about macroeconomic headwinds in China, our diversified portfolio positions us well for sustained growth.”

Market Reaction & Analyst Insights:

• Shares rose 3.5% in early London trading.

• Analysts at Goldman Sachs noted: “Standard Chartered’s focus on fee-based income and cost efficiency is paying off.”

• JPMorgan warned of potential risks from China’s slowing economy but maintained a “Buy” rating.