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

Dow Jones

Feb 20, 2025

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.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. 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"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2512491728\",edition:\"fundamental\",auth_exemption:1,,,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":"fut","top_or_hot":-1,"title":"Standard Chartered Expected to Post Lower Fourth-Quarter Net Profit -- Earnings Preview","media":"Dow Jones","content":"<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 &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\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\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\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\n</div>\n\n\n</h4>\n\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 &amp; Company, Inc.\n</p>\n</font>\n\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","POST":"Post Holdings","02888":"渣打集团"},"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,"02888":0.9,"SMP":1},"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":0,"need_auth":true,"code":"91000000","status":"200"}}}