StanChart expects up to 26% rise in half-year profit

Standard Chartered Bank Botswana expects its pre-tax profit for the six months to June 2026 to rise by between 16 percent and 26 percent, according to a cautionary announcement issued to the Botswana Stock Exchange.

The bank expects unaudited consolidated profit before tax to increase by between P22 million and P36 million from the P140 million reported for the corresponding period in 2025. This puts the expected half-year profit before tax in a range of approximately P162 million to P176 million.

The announcement does not give reasons for the expected improvement, leaving details on the bank’s underlying performance to its full half-year results.

Standard Chartered Botswana said the results for the period ended June 30 will be published before the end of September, when shareholders and investors will receive a fuller picture of the bank’s performance.

The cautionary notice was issued in line with Botswana Stock Exchange listing requirements, which require companies to alert the market when there is reasonable certainty that expected profit or loss before tax will differ by at least 10 percent from the previous corresponding period.

The bank stressed that the figures contained in the announcement are unaudited and that the final results may differ from the current estimates. Investors have consequently been advised to exercise caution when trading in the company’s securities until the full results are released.

For now, the bank’s guidance points to another period of profit growth, but provides little indication of whether the improvement came from stronger lending, investment income, lower costs or other parts of the business. Those details will only become clear when the full results are published.

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