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StanChart lifts full-year targets after quarterly profit jump trounces forecasts

HONG KONG/LONDON: Standard Chartered (StanChart) said on Wednesday that third-quarter pretax profit jumped 27%, as strong client activity amid volatile markets increased revenue for its wealth and global markets divisions.

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渣打银行上调全年业绩目标,此前其季度利润大幅增长,远超预期。

Standard Chartered logo is seen in this illustration taken January 7, 2026. REUTERS/Dado Ruvic/Illustration

HONG KONG/LONDON: Standard Chartered (StanChart) said on Wednesday that third-quarter pretax profit jumped 27%, as strong client activity amid volatile markets increased revenue for its wealth and global markets divisions.

It lifted its full-year income growth target for 2026 to above 7% from its earlier estimate of in the middle of a 5-7% range. And it also boosted its return on tangible equity target, a key performance gauge, to above 14% from an earlier forecast of exceeding 12%.

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