In This Article:
Standard Chartered (LON:STAN) Full Year 2024 Results
Key Financial Results
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Revenue: US$19.0b (up 14% from FY 2023).
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Net income: US$4.05b (up 34% from FY 2023).
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Profit margin: 21% (up from 18% in FY 2023). The increase in margin was driven by higher revenue.
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EPS: US$1.41 (up from US$1.09 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Standard Chartered Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 6.7%.
Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Banks industry in the United Kingdom.
Performance of the British Banks industry.
The company's shares are up 5.3% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Standard Chartered's balance sheet and an in-depth analysis of the company's financial position.
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