Standard Chartered Reports Q3 Revenue Beat and Increases FY2026 Outlook
Standard Chartered has reported third-quarter financial results that exceeded market expectations, posting a GAAP EPS of $0.67 and revenue of $5.78 billion. The revenue figure represents a 13.1% year-over-year increase and surpassed estimates by approximately $70 million. The bank's performance was bolstered by a 9% rise in net interest income to $3.0 billion, driven by higher volumes and an improved balance sheet mix. Additionally, non-interest income grew significantly, reaching $2.8 billion, marking a 19% increase compared to the previous year.
Tickers: $SCBFY
Topics: earnings beat net interest income revenue growth
Read the full article at Seeking Alpha
Part of the story Swedish Orphan Biovitrum Reports Q3 Revenue Growth and Upgrades FY2026 Outlook (6 articles)