Standard Chartered's 'Noisy' Update Masks Respectable Performance -- Market Talk
Dow Jones
5 hours ago
0735 GMT - Standard Chartered reported "noisy" fourth-quarter results, Jefferies says in a research note. Stripping out the adjusting items, the bank reported results that were generally in line with strength in deposits and net interest income as well as a favorable mix in its growing wealth segment, analysts write. The noise on revenue and costs hides a respectable performance elsewhere, they note. The group also changed the format in which it reports its accounts and its guidance to a reported basis from an underlying basis. Standard Chartered outlined a $1.5 billion buyback while consensus penciled in a $1.39 billion program. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
February 24, 2026 02:35 ET (07:35 GMT)
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