StanChart flags tariff uncertainty after 10% quarterly profit beat By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 02 2025
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Should l Buy ?
Source: Investing.com
Profit Growth Amid Challenges: Standard Chartered reported a 10% rise in pretax profit for Q1, reaching $2.1 billion, driven by strong performance in wealth and fee-based businesses, despite concerns over credit quality due to rising trade tariffs.
Outlook and Market Reaction: The bank's shares rose following the earnings release, reflecting investor optimism, although it warned of challenging conditions ahead, particularly regarding net interest income and credit costs in Hong Kong.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
