StanChart misses estimates in last results under CEO Sands
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
London
STANDARD Chartered plc (StanChart) reported first-quarter profit that missed analysts' estimates, with all but one division reporting lower earnings in Peter Sands' final results as chief executive officer.
Pre-tax profit fell 22 per cent to US$1.5 billion from the year-earlier period, the London-based lender said in a statement on Tuesday. That missed the US$1.6 billion average estimate of four analysts in a Bloomberg survey.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
