Third quarter 2026 results - Standard Chartered

We’ve released our results for the third quarter 2026.

For full details please go to our Financial Results page.

All figures are presented on a reported basis and comparisons are made to 2025 on a constant currency basis, unless otherwise stated.

Selected information on Q3’26 financial performance with comparisons to Q3’25 unless otherwise stated

• Operating income of USD5.8 bn, up 14 per cent, excluding notables.²

Net interest income ¹ (NII) up 9 per cent to USD3.0 bn; driven by volumes and improved balance sheet mix.

Non-interest income ¹ of USD2.8 bn up 19 per cent; driven by strong momentum in Wealth Solutions and Global Markets.

Wealth Solutions up 26 per cent, with broad-based growth in Investment Products and Bancassurance.

Global Markets up 21 per cent, driven by double-digit growth in both flow and episodic income

• Operating expenses of USD3.4 bn increased 9 per cent, also excluding notables ², largely driven by targeted investments for business growth, while maintaining positive cost-to-income jaws.
  
  
• Credit impairment charge down USD98 m to USD90 m, reflecting a USD24 m net release in Corporate & Investment Banking (CIB) and a USD114 m charge in Wealth & Retail Banking (WRB), which was broadly flat.
  
  
• Profit before tax of USD2.3 bn, up 29 per cent.
  
  
• Return on Tangible Equity (RoTE) of 15.7 per cent, up 520bps.
  
  
• Balance sheet remains strong, liquid and well diversified with underlying loans and advances to customers up 4.1 per cent and underlying customer deposits were broadly flat quarter-on-quarter.
  
  
• Risk-weighted assets (RWA) of USD263.3 bn, up USD1.8bn since 30.6.26; Credit risk RWA up USD2.9 bn, Market risk RWA down USD1.1 bn, and Operational risk RWA flat.
  
  
• The Group remains strongly capitalised with Common Equity Tier 1 (CET1) ratio of 13.8 per cent, down 31 bps quarter-on-quarter.
  
  
• Tangible net asset value per share of USD17.26, up 2 per cent.
  
  

Bill Winters, Group Chief Executive, said:

“We delivered another strong quarter, with broad-based growth across our businesses and year-to-date earnings per share up 27 per cent. We have long believed that the structural shifts in trade, investment and wealth creation would create significant opportunities for Standard Chartered, and our performance this quarter provides further evidence that we are capturing them. The consistency and breadth of our performance reflects the strength of our franchise and disciplined execution across the Group. This gives us confidence to raise our 2026 income guidance, and we now expect to deliver a RoTE of around 14 per cent in 2026.”

Manus Costello, Group Chief Financial Officer, said:

“We’ve delivered another record performance in the third quarter of 2026. The breadth, quality and consistency of this performance gives us the confidence to raise our full-year guidance. We know our clients value our global network, our ability to connect them to opportunities, and the deep expertise and local market knowledge our colleagues provide. Our focus is on building a simpler, faster and more connected bank to better serve our clients as they navigate an increasingly complex world.”

Guidance

Our revised 2026 guidance is as follows:

• Operating income growth year-on-year to be above the 5-7 per cent growth range at constant currency and excluding notable ² items.
  
  

Within which, net interest income ¹ expected to be up around 4 per cent year-on-year at constant currency.

• Cost-to-income ratio of around 60 per cent excluding notable ² items.
  
  
• RoTE to be around 14 per cent.
  
  

Key downloads

• Results
• Presentation
• Data pack

We will host a virtual presentation at 08:00 UKT/16:00 HKT. You can register to access the webcast. A replay will be available after the event.

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1 Net interest income and non-interest income are adjusted for trading book funding cost, treasury currency management activities, interest from cash collateral from trading businesses and from prime services activities. The reconciliation of adjusted and reported amounts of net interest income and non-interest income is on page 4 of the Results document.

2 Notable items: 2026 year-to-date notable items include USD11 m in non-interest income and USD71 m in expenses, of which Q3 2026 includes USD11 m in non-interest income and (USD3) m in expenses.