Executive Summary
Standard Chartered PLC, together with its subsidiaries, provides various banking products and services primarily in Asia, Africa, Europe, the Americas, and the Middle East.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with adequate balance sheet.
Similar Companies
Share Price & News
How has Standard Chartered's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2888's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
3.0%
2888
2.5%
HK Banks
2.7%
HK Market
1 Year Return
-41.5%
2888
-9.3%
HK Banks
-6.5%
HK Market
Return vs Industry: 2888 underperformed the Hong Kong Banks industry which returned -9.3% over the past year.
Return vs Market: 2888 underperformed the Hong Kong Market which returned -6.5% over the past year.
Shareholder returns
| 2888 | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.0% | 2.5% | 2.7% |
| 30 Day | 4.3% | -2.4% | -0.7% |
| 90 Day | -27.1% | -5.3% | -5.3% |
| 1 Year | -41.0%-41.5% | -5.2%-9.3% | -3.3%-6.5% |
| 3 Year | -46.2%-47.7% | -0.5%-14.6% | -1.6%-11.7% |
| 5 Year | -65.5%-68.4% | -8.4%-29.9% | -11.4%-25.3% |
Price Volatility Vs. Market
How volatile is Standard Chartered's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Standard Chartered undervalued compared to its fair value and its price relative to the market?
4.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2888 (HK$39.8) is trading below our estimate of fair value (HK$41.6)
Significantly Below Fair Value: 2888 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 2888 is poor value based on its PE Ratio (10.4x) compared to the Banks industry average (5.2x).
PE vs Market: 2888 is poor value based on its PE Ratio (10.4x) compared to the Hong Kong market (9.4x).
Price to Earnings Growth Ratio
PEG Ratio: 2888 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: 2888 is good value based on its PB Ratio (0.3x) compared to the HK Banks industry average (0.4x).
Next Steps
Future Growth
How is Standard Chartered forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
33.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2888's forecast earnings growth (33.6% per year) is above the savings rate (1.6%).
Earnings vs Market: 2888's earnings (33.6% per year) are forecast to grow faster than the Hong Kong market (16.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 2888's revenue (3.1% per year) is forecast to grow slower than the Hong Kong market (10.6% per year).
High Growth Revenue: 2888's revenue (3.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2888's Return on Equity is forecast to be low in 3 years time (6.3%).
Next Steps
Past Performance
How has Standard Chartered performed over the past 5 years?
34.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2888 has high quality earnings.
Growing Profit Margin: 2888's current net profit margins (11.1%) are higher than last year (4.2%).
Past Earnings Growth Analysis
Earnings Trend: 2888's earnings have grown significantly by 34.8% per year over the past 5 years.
Accelerating Growth: 2888's earnings growth over the past year (165.1%) exceeds its 5-year average (34.8% per year).
Earnings vs Industry: 2888 earnings growth over the past year (165.1%) exceeded the Banks industry 4.7%.
Return on Equity
High ROE: 2888's Return on Equity (4.1%) is considered low.
Next Steps
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: 2888's Assets to Equity ratio (15.3x) is moderate.
Allowance for Bad Loans: 2888 has a low allowance for bad loans (80%).
Low Risk Liabilities: 63% of 2888's liabilities are made up of primarily low risk sources of funding.
Loan Level: 2888 has an appropriate level of Loans to Assets ratio (43%).
Low Risk Deposits: 2888's Loans to Deposits ratio (74%) is appropriate.
Level of Bad Loans: 2888 has a high level of bad loans (2.3%).
Next Steps
Dividend
What is Standard Chartered's current dividend yield, its reliability and sustainability?
4.80%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2888's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2888's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 2888's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2888's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 2888 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 2888's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Bill Winters (58yo)
5yrs
Tenure
US$5,932,000
Compensation
Mr. William Thomas Winters, also known as Bill, CBE has been the Group Chief Executive Officer of Standard Chartered PLC and Standard Chartered Bank since June 10, 2015. He joined Standard Chartered in Jun ...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD7.44M) is above average for companies of similar size in the Hong Kong market ($USD765.48K).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Director | 5yrs | US$5.93m | 0.057% $69.9m | |
| Group CFO & Director | 5.92yrs | US$3.64m | 0.023% $28.0m | |
| Group Chief Operating Officer | 1.42yrs | no data | no data | |
| Group Head of Corporate Finance | 5.17yrs | no data | no data | |
| Group Chief Information Officer | 4.92yrs | no data | 0.0061% $7.5m | |
| Global Head of Investor Relations | no data | no data | no data | |
| Group General Counsel | 6.75yrs | no data | no data | |
| Group Head of Corporate Affairs | 2.25yrs | no data | no data | |
| Global Head of Communications & Head of Media Relations | no data | no data | no data | |
| Group Head of Human Resources | 1.58yrs | no data | no data |
5.0yrs
Average Tenure
58yo
Average Age
Experienced Management: 2888's management team is considered experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Director | 5yrs | US$5.93m | 0.057% $69.9m | |
| Group CFO & Director | 5.92yrs | US$3.64m | 0.023% $28.0m | |
| Head of Retail Clients-Greater China Region | no data | no data | no data | |
| Independent Deputy Chairman | 3.5yrs | US$364.00k | 0.0013% $1.6m | |
| Independent Non-Executive Director | 5.92yrs | US$170.00k | 0.0025% $3.1m | |
| Senior Independent Director | 2.33yrs | US$327.00k | 0.000080% $98.1k | |
| Independent Non-Executive Director | 4.42yrs | US$277.00k | 0.00032% $392.4k | |
| Independent Non-Executive Director | 5.17yrs | US$202.00k | 0.000080% $98.1k | |
| Group Chairman | 3.5yrs | US$1.30m | 0.00059% $723.4k | |
| Independent Non-Executive Director | 5.17yrs | US$212.00k | 0.00011% $134.9k |
5.0yrs
Average Tenure
62yo
Average Age
Experienced Board: 2888's board of directors are considered experienced (5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 2888 insiders have sold more shares than they have bought 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 company bio, employee growth, exchange listings and data sources
Key Information
- Name: Standard Chartered PLC
- Ticker: 2888
- Exchange: SEHK
- Founded: 1853
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: UK£12.620b
- Listing Market Cap: UK£122.611b
- Shares outstanding: 3.15b
- Website: https://www.sc.com
Number of Employees
Location
- Standard Chartered PLC
- 1 Basinghall Avenue
- London
- Greater London
- EC2V 5DD
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SCBF.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | May 1994 |
| STAN | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | May 1994 |
| 2888 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | May 1994 |
| STD | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | May 1994 |
| STANL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | May 1994 |
| 2888 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | May 1994 |
| 2888 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | May 1994 |
| 37ZM | LSE (London Stock Exchange) | 7.014%-FRN PERP USD100000 '144A' | GB | USD | May 2007 | |
| 37ZL | LSE (London Stock Exchange) | ADS EACH REPR 1 NON-CUM RED PRF SH'REGS' | GB | USD | Jun 2007 | |
| 58GZ | LSE (London Stock Exchange) | 6.409%-FRN PERP USD 'REGS' | GB | USD | Mar 2009 | |
| STDK | DB (Deutsche Boerse AG) | 6.409%-FRN PERP USD 'REGS' | DE | USD | Mar 2009 | |
| 580001 | BSE (Mumbai Stock Exchange) | IDR EACH REPR 0.10 SHARE | IN | INR | Jun 2010 | |
| SCBF.Y | OTCPK (Pink Sheets LLC) | UNSPONSRED ADS | US | USD | Nov 2018 |
Biography
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, securities services, and trade financing products. The company also provides corporate finance products and services that comprise structured and project financing, strategic advising, and mergers and acquisitions; and financial market services, such as investment, risk management, and debt capital markets. In addition, it offers digital banking solutions. The company serves corporations, financial institutions, governments, investors, small businesses, mid-sized companies, and individuals. It operates through approximately 1,026 branches. The company was founded in 1853 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/03 12:56 |
| End of Day Share Price | 2020/06/03 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.