Standard Chartered PLC STAN

Morningstar Rating
GBX2,190.00 −28.00 (1.26%)
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Company Report

Standard Chartered's Wealth Business and Cost-Cutting Program Boost Returns

Standard Chartered’s strategy has shifted toward improving returns through greater focus, capital discipline, and portfolio optimization. The group has scaled down lower-return businesses and markets, while reallocating resources toward its core footprint across Asia, Africa, and the Middle East, where it has established corporate relationships and trade corridor exposure. Going forward, we also expect Standard Chartered to increase investment on fee-generative and capital-light businesses.

Price vs Fair Value

STAN is trading at a LOCK|nwV>Ks premium.
Price
GBX2,218.00
Fair Value
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Uncertainty
LOCK|mwcBm
1-Star Price
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5-Star Price
LOCK|qvn
Economic Moat
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Capital Allocation
LOCK|#LKM>$&

Bulls Say, Bears Say

Bulls

Standard Chartered's increased focus on expanding its wealth management business and on the areas of global institutional banking where it has an advantage may help improve overall returns.

Bears

The trade tensions between China and the US may affect global trade in such a way that reduces demand for Standard Chartered's products or makes it more difficult for the group to operate.

News

Trading Information

Previous Close Price
GBX2,218.00
Day Range
GBX2,121.00–2,222.00
52-Week Range
GBX1,351.50–2,364.00
Bid/Ask
GBX2,092.00 / GBX2,340.00
Shares Outstanding
2.17B
Market Cap
GBX4.77T
Volume/Avg
8M / 6M

Key Statistics

Price/Earnings (Normalized)
13.20
Price/Sales
3.22
Dividend Yield (Trailing)
2.33%
Dividend Yield (Forward)
2.33%
Dividend Payment Schedule
May, Sep
Total Yield
5.54%

Company Profile

Standard Chartered Bank was established in 1853 by Royal Charter in the United Kingdom, with holding company Standard Chartered PLC incorporated in 1969. The bank is domiciled in the United Kingdom, and provides banking services across over 50 countries and territories, primarily in Asia, Africa, the Middle East, and the UK. The bulk of the business is in corporate and transaction banking, financial markets, and corporate finance. The bank has strong retail franchises focusing on the affluent segment in Hong Kong, Singapore, and certain countries in Africa. The bank also launched a ventures division to focus on financial technology, including digital banks in Hong Kong and Singapore, online payment, and digital assets.
Sector
Financial Services
Industry
Banks - Diversified
Stock Style Box
Large Core
Total Number of Employees
81,673

Competitors

Valuation

Metric
STAN
O39
NWG
Price/Earnings (Normalized)
13.2018.3911.26
Price/Book Value
1.192.311.34
Price/Sales
3.229.303.01
Price/Cash Flow
11.7218.527.40
Price/Earnings
STAN
O39
NWG

Financial Strength

Metric
STAN
O39
NWG
Quick Ratio
———
Current Ratio
———
Interest Coverage
———
Quick Ratio
No chart available

Profitability

Metric
STAN
O39
NWG
Return on Assets (Normalized)
0.71%1.20%0.88%
Return on Equity (Normalized)
12.56%13.41%17.17%
Return on Invested Capital (Normalized)
———
Return on Assets
STAN
O39
NWG

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LOCK|@BTXB$LOCK|@$$192B
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