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Standard CharteredLSE:STAN Stock Report

Market Cap







27 Nov, 2021


Company Financials +
STAN fundamental analysis
Snowflake Score
Future Growth2/6
Past Performance5/6
Financial Health4/6

STAN Stock Overview

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services primarily in Asia, Africa, Europe, the Americas, and the Middle East.

Standard Chartered Competitors

Morgan Stanley



Goldman Sachs Group



American Express



Commonwealth Bank of Australia



Price History & Performance

Summary of all time highs, changes and price drops for Standard Chartered
Historical stock prices
Current Share PriceUK£4.12
52 Week HighUK£5.33
52 Week LowUK£4.07
1 Month Change-15.74%
3 Month Change-10.09%
1 Year Change-11.24%
3 Year Change-32.46%
5 Year Change-36.19%
Change since IPO70.61%

Recent News & Updates

Shareholder Returns

STANGB BanksGB Market

Return vs Industry: STAN underperformed the UK Banks industry which returned 16.7% over the past year.

Return vs Market: STAN underperformed the UK Market which returned 11.7% over the past year.

Price Volatility

Is STAN's price volatile compared to industry and market?
STAN volatility
STAN Average Weekly Movement5.3%
Banks Industry Average Movement4.1%
Market Average Movement4.9%
10% most volatile stocks in GB Market9.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: STAN is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: STAN's weekly volatility (5%) has been stable over the past year.

About the Company

185384,740Bill Winters

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services primarily in Asia, Africa, Europe, the Americas, and the Middle East. The company operates through Corporate & Institutional Banking, Retail banking, Commercial Banking, and Private Banking segments. It offers retail products, such as deposits, savings, mortgages, credit cards, and personal loans; wealth management products and services that include investments, portfolio management, insurance and advices, and planning services; and transaction banking services, such as cash management, payments and transactions, and trade financing products.

Standard Chartered Fundamentals Summary

How do Standard Chartered's earnings and revenue compare to its market cap?
STAN fundamental statistics
Market CapUS$16.88b
Earnings (TTM)US$1.75b
Revenue (TTM)US$14.11b


P/E Ratio


P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
STAN income statement (TTM)
Cost of RevenueUS$0
Gross ProfitUS$14.11b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Apr 28, 2022

Earnings per share (EPS)0.57
Gross Margin100.00%
Net Profit Margin12.42%
Debt/Equity Ratio394.1%

How did STAN perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


Is Standard Chartered undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: STAN (£4.12) is trading below our estimate of fair value (£10.17)

Significantly Below Fair Value: STAN is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: STAN is poor value based on its PE Ratio (9.6x) compared to the UK Banks industry average (6.2x).

PE vs Market: STAN is good value based on its PE Ratio (9.6x) compared to the UK market (19.1x).

Price to Earnings Growth Ratio

PEG Ratio: STAN is poor value based on its PEG Ratio (1.1x)

Price to Book Ratio

PB vs Industry: STAN is good value based on its PB Ratio (0.3x) compared to the GB Banks industry average (0.6x).

Future Growth

How is Standard Chartered forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: STAN's forecast earnings growth (9.1% per year) is above the savings rate (0.9%).

Earnings vs Market: STAN's earnings (9.1% per year) are forecast to grow slower than the UK market (12.7% per year).

High Growth Earnings: STAN's earnings are forecast to grow, but not significantly.

Revenue vs Market: STAN's revenue (5.5% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: STAN's revenue (5.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: STAN's Return on Equity is forecast to be low in 3 years time (7.1%).

Past Performance

How has Standard Chartered performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: STAN has high quality earnings.

Growing Profit Margin: STAN's current net profit margins (12.4%) are higher than last year (4.3%).

Past Earnings Growth Analysis

Earnings Trend: STAN has become profitable over the past 5 years, growing earnings by 34.1% per year.

Accelerating Growth: STAN's earnings growth over the past year (215.1%) exceeds its 5-year average (34.1% per year).

Earnings vs Industry: STAN earnings growth over the past year (215.1%) exceeded the Banks industry 87%.

Return on Equity

High ROE: STAN's Return on Equity (4.2%) is considered low.

Financial Health

How is Standard Chartered's financial position? (This company is analysed differently as a bank or financial institution)

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: STAN's Assets to Equity ratio (15.3x) is moderate.

Allowance for Bad Loans: STAN has a low allowance for bad loans (68%).

Low Risk Liabilities: 64% of STAN's liabilities are made up of primarily low risk sources of funding.

Loan Level: STAN has an appropriate level of Loans to Assets ratio (41%).

Low Risk Deposits: STAN's Loans to Deposits ratio (69%) is appropriate.

Level of Bad Loans: STAN has a high level of bad loans (2.4%).


What is Standard Chartered current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: STAN's dividend (1.09%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.37%).

High Dividend: STAN's dividend (1.09%) is low compared to the top 25% of dividend payers in the UK market (4.15%).

Stability and Growth of Payments

Stable Dividend: STAN's dividend payments have been volatile in the past 10 years.

Growing Dividend: STAN's dividend payments have fallen over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (21.4%), STAN's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: STAN's dividends in 3 years are forecast to be well covered by earnings (26.4% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Bill Winters (60 yo)





Mr. William Thomas Winters, also known as Bill, CBE has been the Group Chief Executive Officer of Standard Chartered PLC and Standard Chartered Bank since June 10, 2015. He joined Standard Chartered in Jun...

CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD5.20M) is above average for companies of similar size in the UK market ($USD3.74M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: STAN's management team is seasoned and experienced (5 years average tenure).

Board Members

Experienced Board: STAN's board of directors are considered experienced (5.4 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: STAN insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Standard Chartered PLC's employee growth, exchange listings and data sources

Key Information

  • Name: Standard Chartered PLC
  • Ticker: STAN
  • Exchange: LSE
  • Founded: 1853
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: UK£12.673b
  • Shares outstanding: 3.08b
  • Website:

Number of Employees


  • Standard Chartered PLC
  • 1 Basinghall Avenue
  • London
  • Greater London
  • EC2V 5DD
  • United Kingdom


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 19:06
End of Day Share Price2021/11/26 00:00
Annual Earnings2020/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.