Back    Zoom +    Zoom -
<Results>STANCHART 2024 Reported PBT Up 18.1% YoY to $6.014B Misses
Recommend
13
Positive
19
Negative
12
STANCHART (02888.HK) announced its annual results for the year ended December 2024, with reported profit before tax (PBT) of US$6.014 billion, up 18.1% YoY, worse than the 6 brokers' compiled forecasts of US$6.104 billion to US$6.389 billion, representing a median of US$6.17 billion. Operating income amounted to US$19.543 billion, up 8.5% YoY.

STANCHART declared a final DPS of US$28 cents, compared with US$21 cents a year earlier, resulting in a full-year DPS of US$37 cents, up 37%, higher than the median forecast of US$33 cents by the 5 brokers summarized by our reporters.

Related NewsRatings & TPs on STANCHART (02888.HK) (Table)
The Group also announced a US$1.5 billion share buyback, which is expected to reduce CET1 ratio by approx. 61 bps.
AAStocks Financial News