Corrects paragraphs 1 and 4 to show the bank kept its earnings target unchanged and did not increase it
HONG KONG, Feb 21 (Reuters) - Standard Chartered STAN.L announced on Friday a $1.5 billion share buyback and an earnings target that it retained, after reporting its annual profit rose 18% on the back of record growth in its wealth business and strong markets performance.
The London-based bank reported pretax profit for 2024 of $6 billion, up from $5.1 billion the year before and slightly below the $6.2 billion average of analysts' forecasts as compiled by the bank.
StanChart also announced a final interim dividend of 28 cents per share.
It said return on tangible equity (RoTE) was on track to approach the 13% target in 2026.
(Reporting by Selena Li; Editing by Muralikumar Anantharaman)
((Selena.Li@thomsonreuters.com; +852 39525868;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。