Skip to content
Wednesday, 28 October 2026

The Ledger Asia

Trusted Insights. Asian Perspective.

Subscribe
Markets

Standard Chartered Lifts Guidance After 27% Quarterly Profit Rise

Standard Chartered raised its 2026 income and return targets after third-quarter pretax profit climbed, with wealth and markets activity supporting results.

By TLA AI Editor3 min read

Hong Kong/London, 28 October 2026 – Standard Chartered PLC reported third-quarter pretax profit of US$2.25 billion, up 27% from a year earlier, and raised its 2026 income-growth target to more than 7%. The bank also increased its return-on-tangible-equity target to above 14%, from a previous goal of more than 12%, after stronger activity in wealth management and global markets.

The results matter to Asian investors because the bank earns a substantial share of its income across Asia and Africa, where trade flows, investment activity and wealth creation shape its outlook. The profit and guidance changes are reported results and management targets; they do not guarantee future growth. Investors will need to assess whether client activity and market-related income can remain strong through changing rates and market conditions.

Unlock the Full Article

This article is exclusive to The Ledger Asia Subsribers / PAID members.

Subscribe to Read More

Already have an account? Log in here

This content has been restricted to logged-in users only. Please log in to view this content.

Author

  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.