Standard Chartered plc said on Friday that its operating income in the first quarter of 2025 came in at $5.4 billion, up 7% compared to the same period the previous year.
Underlying earnings per share (EPS) increased from 52.9 cents in Q1 2024 to 62.7 cents, while reported EPS rose from 46.5 cents to 56.6 cents. Profit for the period stood at $1.6 billion, up 19% from the same period last year.
"We delivered a strong performance in the first quarter of 2025, with earnings per share up 19%, driven by double-digit income growth in Wealth Solutions, Global Markets and Global Banking. The subsequent imposition of trade tariffs has increased global economic and geopolitical complexity, and we remain watchful of the external environment," Bill Winters, Group Chief Executive, said.