Standard Chartered posts $4.8bn half year profit

Standard Chartered has reported a record financial performance for the first half of 2026, driven by strong growth in its Wealth Solutions and Global Banking businesses, while raising its income outlook for the full year.

The international banking group recorded operating income of $11.6 billion, its highest ever for the first half, while profit before tax increased 9% to $4.8 billion. Earnings per share also rose 17%, reflecting sustained business momentum across its international markets.

Group Chief Executive, Bill Winters, attributed the performance to the bank’s diversified international network and consistent execution of its strategy.

‘We delivered a record first-half performance in 2026, with double-digit growth in Wealth Solutions and Global Banking. Our performance demonstrates the strength of our differentiated international network and the disciplined execution of our strategy. Clients continue to turn to us to facilitate trade, investment and wealth flows across the world’s most dynamic markets,’ he said.

Winters added that the bank’s improved earnings outlook and a new $1 billion share buyback programme demonstrate confidence in its growth prospects.

Group Chief Financial Officer, Manus Costello, said the bank remains focused on delivering sustainable long-term growth through continued investment in its operations.

‘We are continuing to invest in building a simpler, faster and more connected bank while remaining disciplined on costs and capital. These strengths give us confidence in our ability to deliver exceptional growth and sustainably higher returns,’ he said.

Standard Chartered maintained a strong capital position during the period, reporting a Common Equity Tier 1 (CET1) ratio of 14.2%.

The Board also approved an interim dividend of 20.4 cents per share, representing a 66% increase compared with the same period last year.

Following the strong first-half results, the bank upgraded its guidance for 2026 and now expects operating income growth to be around the middle of its 5-7% target range at constant currency.

The lender said the improved outlook reflects continued momentum across its businesses and confidence in delivering sustainable earnings growth over the remainder of the year.

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