Standard Chartered’s 2025 profit jumps 16% buoyed by robust wealth management growth
The London-based bank’s underlying pre-tax profit stood at US$7.9 billion last year, versus a gain of US$6.8 billion in 2024
The London-based bank, which generates much of its revenue from Asia, reported an underlying pre-tax profit of US$7.9 billion last year, compared with US$6.8 billion in 2024, according to a stock exchange filing on Tuesday. This matched analysts’ estimate of US$7.9 billion.
Underlying earnings per share stood at US$2.297, and the bank proposed a 49 US cents final dividend, bringing the total for 2025 to 61 US cents. A year earlier, it paid 37 US cents. The bank said it would set aside US$1.5 billion to buy back shares this year, after spending US$1.5 billion on buy-backs last year.
“We have made a good start to the year and continue to benefit from a supportive business environment,” CEO Bill Winters said in a media briefing.
Winters said the bank had seen “robust growth in all major markets” as corporate clients sought its help to diversify supply chains, while wealthy customers in India and mainland China used its international network to invest overseas via Hong Kong and Singapore.
He added that digital assets would be a key area of development, with the bank hoping to be among the first to receive a stablecoin issuer licence in Hong Kong when the Hong Kong Monetary Authority begins granting approvals in March, though the final decision rests with the regulator.