Standard Chartered Q3 Profit Jumps 27%, Raises 2026 Guidance; Hong Kong Shares Gain 2.45%

Standard Chartered PLC reported Wednesday that third-quarter profit before taxation rose 27% to $2.25 billion from $1.77 billion a year earlier, prompting the British lender to raise its fiscal 2026 outlook. Shares in Hong Kong traded 2.45% higher at HK$209.200 following the release. Profit attributable to ordinary shareholders climbed 46% to $1.50 billion, while earnings per share jumped 55% to 67.0 cents from 43.2 cents. Operating income reached $5.78 billion, up 13% from $5.11 billion, or 14% at constant currency. Adjusted net interest income totaled $2.976 billion, up 8% on higher volumes, and adjusted non-interest income rose 19% to $2.815 billion, led by Wealth Solutions and Global Markets. For 2026, the bank now expects operating income growth to exceed its prior 5% to 7% range at constant currency, with net interest income up about 4% and return on tangible equity of approximately 14%.