Standard Chartered Expected to Post Lower Fourth-Quarter Net Profit -- Earnings Preview

Dow Jones

20 Feb

By Kosaku Narioka

Standard Chartered is scheduled to report the fourth-quarter results on Friday. Here is what you need to know:

NET PROFIT: Standard Chartered is expected to post a 32% drop in net profit to $615 million for the three months ended Dec. 31, according to a poll of analysts by Visible Alpha. That would compare with net profit of $907 million in the year-earlier period.

Its shares in Hong Kong have risen 16% so far this year through Wednesday, following a 46% gain in 2024, driven by a recovery in earnings and receding fears about the bank's business in China.

WHAT TO WATCH:

--Third-quarter net interest income--the difference between interest earned on loans and that paid on deposits--fell 23% to $1.48 billion. Investors will be focusing on any signs of a recovery in the bank's key source of earnings.

--The lender booked credit impairments of $178 million in the third quarter, down from $292 million in the year-earlier period. Investors will be paying attention to the its credit costs as economic uncertainty continues in various parts of the world.

--StanChart said in October that it planned to return at least $8 billion to shareholders over 2024 to 2026, up from at least $5 billion it guided previously. Investors will be closely watching any updates on the bank's plans for buybacks and dividends.

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

February 20, 2025 01:51 ET (06:51 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2512491728"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2512491728\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2512491728?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-20 14:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2512491728","market":"sg","top_or_hot":-1,"title":"Standard Chartered Expected to Post Lower Fourth-Quarter Net Profit -- Earnings Preview","media":"Dow Jones","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Kosaku Narioka \n</p>\n<pre>\n \n</pre>\n<p>\n  Standard Chartered is scheduled to report the fourth-quarter results on Friday. Here is what you need to know: \n</p>\n<pre>\n \n</pre>\n<p>\n  NET PROFIT: Standard Chartered is expected to post a 32% drop in net profit to $615 million for the three months ended Dec. 31, according to a poll of analysts by Visible Alpha. That would compare with net profit of $907 million in the year-earlier period. \n</p>\n<p>\n  Its shares in Hong Kong have risen 16% so far this year through Wednesday, following a 46% gain in 2024, driven by a recovery in earnings and receding fears about the bank's business in China. \n</p>\n<pre>\n \n</pre>\n<p>\n  WHAT TO WATCH: \n</p>\n<p>\n  --Third-quarter net interest income--the difference between interest earned on loans and that paid on deposits--fell 23% to $1.48 billion. Investors will be focusing on any signs of a recovery in the bank's key source of earnings. \n</p>\n<p>\n  --The lender booked credit impairments of $178 million in the third quarter, down from $292 million in the year-earlier period. Investors will be paying attention to the its credit costs as economic uncertainty continues in various parts of the world. \n</p>\n<p>\n  --StanChart said in October that it planned to return at least $8 billion to shareholders over 2024 to 2026, up from at least $5 billion it guided previously. Investors will be closely watching any updates on the bank's plans for buybacks and dividends. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Kosaku Narioka at kosaku.narioka@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 20, 2025 01:51 ET (06:51 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Standard Chartered Expected to Post Lower Fourth-Quarter Net Profit -- Earnings Preview</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStandard Chartered Expected to Post Lower Fourth-Quarter Net Profit -- Earnings Preview\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-20 14:51</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Kosaku Narioka \n</p>\n<pre>\n \n</pre>\n<p>\n  Standard Chartered is scheduled to report the fourth-quarter results on Friday. Here is what you need to know: \n</p>\n<pre>\n \n</pre>\n<p>\n  NET PROFIT: Standard Chartered is expected to post a 32% drop in net profit to $615 million for the three months ended Dec. 31, according to a poll of analysts by Visible Alpha. That would compare with net profit of $907 million in the year-earlier period. \n</p>\n<p>\n  Its shares in Hong Kong have risen 16% so far this year through Wednesday, following a 46% gain in 2024, driven by a recovery in earnings and receding fears about the bank's business in China. \n</p>\n<pre>\n \n</pre>\n<p>\n  WHAT TO WATCH: \n</p>\n<p>\n  --Third-quarter net interest income--the difference between interest earned on loans and that paid on deposits--fell 23% to $1.48 billion. Investors will be focusing on any signs of a recovery in the bank's key source of earnings. \n</p>\n<p>\n  --The lender booked credit impairments of $178 million in the third quarter, down from $292 million in the year-earlier period. Investors will be paying attention to the its credit costs as economic uncertainty continues in various parts of the world. \n</p>\n<p>\n  --StanChart said in October that it planned to return at least $8 billion to shareholders over 2024 to 2026, up from at least $5 billion it guided previously. Investors will be closely watching any updates on the bank's plans for buybacks and dividends. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Kosaku Narioka at kosaku.narioka@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 20, 2025 01:51 ET (06:51 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SMP","symbol_name":"Standard Motor Products Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2512491728","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512491728","pubTimestamp":1740034260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Standard Chartered is scheduled to report the fourth-quarter results on Friday. Here is what you need to know:. NET PROFIT: Standard Chartered is expected to post a 32% drop in net profit to $615 million for the three months ended Dec. 31, according to a poll of analysts by Visible Alpha. That would compare with net profit of $907 million in the year-earlier period.Its shares in Hong Kong have risen 16% so far this year through Wednesday, following a 46% gain in 2024, driven by a recovery in earnings and receding fears about the bank's business in China.--The lender booked credit impairments of $178 million in the third quarter, down from $292 million in the year-earlier period. Investors will be paying attention to the its credit costs as economic uncertainty continues in various parts of the world.--StanChart said in October that it planned to return at least $8 billion to shareholders over 2024 to 2026, up from at least $5 billion it guided previously. Investors will be closely watc","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SMP":"Standard Motor Products Inc","02888":"渣打集团","POST":"Post Holdings"},"translate_title":"渣打银行预计第四季度净利润将下降——盈利预览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"POST":1,"SMP":1,"02888":0.9},"content_text":"By Kosaku Narioka \n\n\n \n\n\n  Standard Chartered is scheduled to report the fourth-quarter results on Friday. Here is what you need to know: \n\n\n \n\n\n  NET PROFIT: Standard Chartered is expected to post a 32% drop in net profit to $615 million for the three months ended Dec. 31, according to a poll of analysts by Visible Alpha. That would compare with net profit of $907 million in the year-earlier period. \n\n\n  Its shares in Hong Kong have risen 16% so far this year through Wednesday, following a 46% gain in 2024, driven by a recovery in earnings and receding fears about the bank's business in China. \n\n\n \n\n\n  WHAT TO WATCH: \n\n\n  --Third-quarter net interest income--the difference between interest earned on loans and that paid on deposits--fell 23% to $1.48 billion. Investors will be focusing on any signs of a recovery in the bank's key source of earnings. \n\n\n  --The lender booked credit impairments of $178 million in the third quarter, down from $292 million in the year-earlier period. Investors will be paying attention to the its credit costs as economic uncertainty continues in various parts of the world. \n\n\n  --StanChart said in October that it planned to return at least $8 billion to shareholders over 2024 to 2026, up from at least $5 billion it guided previously. Investors will be closely watching any updates on the bank's plans for buybacks and dividends. \n\n\n \n\n\n  Write to Kosaku Narioka at kosaku.narioka@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 20, 2025 01:51 ET (06:51 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}