Fourth quarter performance was depressed by adverse market conditions and increased cost of risk. Unsurprisingly, management remains committed to meeting the cost of equity in the foreseeable future. However, such an achievement partly relies on strong top line expansion and a benign cost of risk, variables which are not under management’s control.
27 Feb 2019
Profitability normalisation remains a distant objective
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Profitability normalisation remains a distant objective
Standard Chartered PLC (STAN:LON) | 671 -52.3 (-1.1%) | Mkt Cap: 17,542m
- Published:
27 Feb 2019 -
Author:
David Grinsztajn -
Pages:
2
Fourth quarter performance was depressed by adverse market conditions and increased cost of risk. Unsurprisingly, management remains committed to meeting the cost of equity in the foreseeable future. However, such an achievement partly relies on strong top line expansion and a benign cost of risk, variables which are not under management’s control.