Changes in Hong Kong stocks | Standard Chartered Group (02888) rose nearly 3%, third-quarter results surpassed expectations and raised the 2026 net interest income growth guide to about 4%

Zhitongcaijing · 1d ago

The Zhitong Finance App learned that Standard Chartered Group (02888) rose nearly 3%. As of press release, it had risen 2.67% to HK$223, with a turnover of HK$192 million.

According to the news, recently, Standard Chartered Group announced its results for the third quarter of 2026. According to the accounting standards, operating income increased 14% to US$5.8 billion; net interest income rose 9% to US$3 billion, driven by trading volume and balance sheet portfolio optimization; and profit before tax was US$2.3 billion, an increase of 29%.

According to the latest research report released by Komo, Standard Chartered's third-quarter results surpassed expectations. Core profit grew strongly and depreciation was low. Revenue for the period, operating profit before provision, and profit before tax were 4%, 7%, and 13% higher than market expectations, respectively, and the overall performance of various business lines was strong. The bank pointed out that net interest income was 2% higher than market expectations, up 8% year on year and 3% quarterly, benefiting from the growth in business volume and the general stabilization of net interest spreads from quarter to quarter. The Group raised its net interest income growth guide for the 2026 fiscal year to about 4%, higher than market expectations of about 3%.