Standard Chartered Q1 Profit Rises

(RTTNews) - Standard Chartered PLC (STAN.L, STAC.L, 2888.HK) reported first quarter profit attributable to parent company shareholders of $1.9 billion, an increase of 19% from a year ago. Profit attributable to ordinary shareholders was $1.66 billion, up 22%. Basic earnings per ordinary share, in cents, was 74.2 compared to 56.6.

Operating income was $5.9 billion, up 9% from a year ago. Adjusted net interest income was up 1% to $2.9 billion. Adjusted non-interest income was up 16% to $3.0 billion. Operating profit before impairment and taxation was $2.76 billion, up 19% in constant currency.

The company said its 2026 guidance remains unchanged.

At last close on LSE, Standard Chartered shares were trading at 1,790.00 pence, up 0.43%.

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