Standard Chartered PLC (OTCPK:SCBFF) Q1 2023 Earnings Conference Call April 26, 2023 3:00 AM ET Company Participants William Winters - CEO Andrew Halford - CFO Gregg Powell - Investor Relations Conference Call Participants Guy Stebbings - BNP Paribas Joseph Dickerson - Jefferies Alastair Ryan - Bank of America Perlie Mong - KBW Aman Rakkar - Barclays Andrew Coombs - Citi Robert Noble - Deutsche Bank Thomas Rayner - Numis Gurpreet Sahi - Goldman Sachs Operator Good day, and welcome to the Standard Chartered ...

Standard Chartered PLC (OTCPK:SCBFF) Q4 2022 Results Conference Call February 16, 2023 3:00 AM ET Company Participants William Winters - CEO Andrew Halford - CFO Conference Call Participants Joseph Dickerson - Jefferies Andrew Coombs - Citi Alastair Ryan - Bank of America Omar Keenan - Credit Suisse Fahed Kunwar - Redburn Rob Noble - Deutsche Bank Tom Rayner - Numis Perlie Mong - KBW Aman Rakkar - Barclays William Winters Good morning and good afternoon, everybody, and thank you for joining us at today's re ...

Standard Chartered PLC (OTCPK:SCBFF) Q3 2022 Earnings Conference Call October 26, 2022 3:00 AM ET Company Participants | --- | --- | |-----------------------------------------------------------------------------------|-------| | | | | Bill Winters – Group Chief Executive Andy Halford – Group Chief Financial Officer | | | Conference Call Participants | | | Joseph Dickerson – Jefferies | | | Robert Noble – Deutsche Bank | | | Aman Rakkar – Barclays | | | Tom Rayner – Numis | | | Omar Keenan – Credit Suisse | ...

CONFIDENTIAL 3Q'22 Results Presentation 26 October 2022 andard nartered CONFIDENTIAL 2 Opening remarks • A strong performance in 3Q'22 → Introduction Income Markets Expenses Risk Capital Conclusion o Total income up 22% at constant currency (ccy) on a normalised basis1… o … the fifth consecutive quarter of year-on-year growth o 10% positive income-to-cost jaws (ccy) o Profit before tax up 35% (ccy) o Return on tangible equity of 10.1% 3Q'22 Summary • Capital remains strong with CET1 ratio at 13.7%, in the u ...

Standard Chartered PLC (OTCPK:SCBFF) Q2 2022 Earnings Conference Call July 29, 2022 3:00 AM ET Company Participants Bill Winters - Chief Executive Officer Andy Halford - Chief Financial Officer Conference Call Participants Joseph Dickerson - Jefferies Omar Keenan - Credit Suisse Tom Rayner - Numis Fahed Kunwar - Redburn Robin Down - HSBC Alastair Ryan - Bank of America Nick Lord - Morgan Stanley Perlie Mong - KBW Aman Rakkar - Barclays James Invine - Societe Generale Bill Winters Good morning, and good afte ...

Standard Chartered PLC (OTCPK:SCBFF) Q1 2022 Earnings Conference Call April 28, 2022 3:00 AM ET Company Participants | --- | |-------------------------------------------------------------------------------| | | | Bill Winters - Chief Executive Officer Andy Halford - Chief Financial Officer | | Conference Call Participants | | Joseph Dickerson - Jefferies | | Yafei Tian - Citigroup | | Aman Rakkar - Barclays | | Fahed Kunwar - Redburn | | Nicholas Lord - Morgan Stanley | | Guy Stebbings - BNP Exane | | Gurpr ...

CONFIDENTIAL 1Q'22 Results Presentation 28 April 2022 CONFIDENTIAL | --- | --- | --- | |-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Data and Key Metrics Changes - The full year operating income for 2021 was $14.7 billion, broadly flat compared to 2020, despite absorbing $700 million of interest rate headwinds [6][10] - Normalized net interest margin stabilized, with a return on tangible equity of 6%, double that of the prior year [9][10] - Underlying operating profit increased by 61% on a constant currency basis to $3.9 billion [8] - Credit impairment charges remained low at $263 million, reflecting improved credit quality [22][24] Business Line Data and Key Metrics Changes - Wealth Management income increased by over $200 million or 11%, contributing to strong performance [12] - Corporate income was down 1%, primarily due to cash management business impacted by interest rates [17] - Consumer income was up 1%, driven by growth in wealth management and retail products [18] Market Data and Key Metrics Changes - Asia region income was up 1%, with operating profit at $3.1 billion and returns up 150 basis points to 9.5% [18] - Africa and Middle East region income increased by 3%, with profits reaching $0.9 billion, the highest since 2015 [19] - Europe and Americas saw a 4% increase in income and a 67% rise in operating profits [19] Company Strategy and Development Direction - The company aims to achieve a 10% return on tangible equity by 2024, focusing on improving returns in low-returning risk-weighted assets [4][36] - Strategic focus remains on cross-border network business, affluent client offerings, and sustainability [35] - Plans to invest $300 million in China to enhance onshore and offshore capabilities, targeting a doubling of profit contribution from China [36][67] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in returning to top line growth, with expectations of 5% to 7% income growth in 2022 [28][39] - Acknowledgment of uncertainties due to geopolitical situations and COVID-19, but optimism about the underlying income run rate [28][42] - Anticipation of gradual increases in impairments as they normalize from exceptionally low levels [30] Other Important Information - The company announced a $750 million share buyback and increased the full year dividend to $0.12 per share, a one-third increase [10][26] - The company plans to reduce costs by $1.3 billion over three years, including a 40% reduction in retail branches [98][99] Q&A Session Summary Question: Can you repeat the details on the $1.3 billion cost reduction? - The company plans to reduce costs by $1.3 billion over three years, including a 30% reduction in floor space and a 40% reduction in retail branches [98][99] Question: What is the expected trajectory of staff costs until 2024? - The company anticipates slight increases in overall costs due to inflation, but is focused on efficiency and digital transformation to manage headcount effectively [99][100] Question: Can you provide details on the hedge's contribution to NIM improvement? - The company started hedging in late 2021, which is expected to provide a small underpinning to this year's results, with careful monitoring of rates [101]

Financial Data and Key Metrics Changes - Operating income increased by 6% year-on-year at $3.8 billion, reflecting a return to top line growth supported by strong business momentum [10][14] - Underlying profit before tax improved by 50% at constant currency to $1.1 billion [13] - Return on Tangible Equity (RoTE) was reported at 7.1% [14] Business Line Data and Key Metrics Changes - Financial Markets income rose by 4%, driven by higher foreign exchange income and commodities, despite a decline in the rates business [17] - Transaction Banking trading account grew by 13%, with intra-Asia cross-border flows contributing significantly [19] - Wealth Management income decreased by 3% on a reported basis, but increased by 6% when excluding the prior year's accelerated bancassurance bonus [19] Market Data and Key Metrics Changes - The Africa & Middle East region recorded its highest Wealth Management quarterly income in five years [20] - Credit impairment charges remained low at $107 million for the quarter, down approximately $250 million year-on-year [32] Company Strategy and Development Direction - The company is focused on digitization and sustainability, with a strong emphasis on transition and sustainable finance [5][6] - The outlook for Q4 is typically slower, but the company remains confident in achieving top line growth of 5% to 7% in 2022 and beyond [7][39] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing growth momentum and the ability to deliver top line growth despite potential seasonal slowdowns [7][39] - The company is closely monitoring inflationary pressures and is committed to maintaining tight cost control while investing in strategic initiatives [28][48] Other Important Information - The CET1 ratio remained strong at 14.6%, above the targeted range of 13% to 14% [14][37] - The company plans to provide updates on capital management actions and shareholder return intentions in February 2022 [14][38] Q&A Session Summary Question: Income and Costs - Inquiry about net interest income growth and balance sheet growth expectations for 2022 [43] - Management indicated that underlying balance sheet growth is encouraging and expects to maintain growth through next year [45] Question: Cost Guidance - Questions regarding inflation and cost expectations for 2022 [44] - Management acknowledged inflationary pressures but emphasized tight cost control and investment in digital initiatives [48] Question: Structured Finance and Revenue - Inquiry about the structured finance quarterly run rate and pipeline strength [53] - Management noted that structured finance can be lumpy and does not indicate a new trend [59] Question: Cash Management Revenue - Questions about the decline in cash management revenue and its causes [61] - Management clarified that the decline was primarily due to rate effects rather than volume [64] Question: Rate Sensitivity and Capital Management - Inquiry about deposit beta assumptions and capital management strategies [82] - Management explained that they are assessing rate sensitivity across various geographies and maintaining a CET1 ratio within the target range [71][94]

Standard Chartered PLC (OTCPK:SCBFF) Q2 2021 Earnings Conference Call August 3, 2021 3:00 AM ET Company Participants William Winters - Group Chief Executive & Director Andrew Halford - Group CFO & Director Conference Call Participants Nicholas Lord - Morgan Stanley Omar Keenan - Crédit Suisse Yafei Tian - Citigroup Robin Down - HSBC Joseph Dickerson - Jefferies Guy Stebbings - Exane BNP Paribas Tom Rayner - Numis Securities Amandeep Rakkar - Barclays Bank Gurpreet Sahi - Goldman Sachs Group Operator Welcome ...