Standard Chartered PLC
STAN: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|#g | LOCK|K% | LOCK|KC#?Lx> |
Standard Chartered Earnings: Guidance Unchanged Despite Strong Quarter; Valuation up 11%
Standard Chartered's first-quarter return on tangible equity of 17% improved from 15% a year ago. Net profit grew 24% to USD 1.7 billion, driven by growth in noninterest income from the wealth solutions business.
