Standard Chartered (OTCMKTS:SCBFF) Issues Earnings Results

Key Points

• Standard Chartered reported a quarterly earnings per share of $0.74, exceeding analysts' estimates of $0.60 by $0.14.
• The company achieved a revenue of $5.51 billion for the quarter, surpassing analyst predictions of $5.07 billion.
• As of Friday, Standard Chartered's share price rose to $18.15, with a market cap of $42.35 billion.

Standard Chartered (OTCMKTS:SCBFF - Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.60 by $0.14, Zacks reports. Standard Chartered had a return on equity of 10.73% and a net margin of 12.27%. The business had revenue of $5.51 billion for the quarter, compared to analyst estimates of $5.07 billion.

Standard Chartered Stock Down 0.0%

OTCMKTS SCBFF traded down $0.01 during trading hours on Tuesday, hitting $18.18. 930 shares of the company were exchanged, compared to its average volume of 21,684. The firm has a market cap of $42.42 billion, a price-to-earnings ratio of 10.04 and a beta of 0.77. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.46. Standard Chartered has a 52-week low of $8.53 and a 52-week high of $18.38. The company has a 50 day moving average of $16.63 and a two-hundred day moving average of $15.06.

Standard Chartered Company Profile

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.