Strong Financial Performance in Q1 2025

Standard Chartered plc announced a notable 7% increase in its operating income for the first quarter of 2025, totaling $5.4 billion compared to the previous year. This growth underscores the bank's resilient performance amidst global economic uncertainties.

Earnings and Profit on the Rise

The bank reported a significant uplift in underlying earnings per share (EPS) from 52.9 cents in Q1 2024 to 62.7 cents, with reported EPS also climbing from 46.5 cents to 56.6 cents. Profits for the quarter reached $1.6 billion, marking a 19% increase year-over-year.

Leadership's Perspective on Growth

Bill Winters, Group Chief Executive, highlighted the bank's strong quarterly performance, attributing the success to double-digit income growth in Wealth Solutions, Global Markets, and Global Banking. He also acknowledged the increased global economic and geopolitical complexity due to recent trade tariffs, emphasizing the bank's vigilance in navigating these challenges.