Story perspectives
Standard Chartered Unveils $1.5B Buyback Amid Profit Miss
2/24/2026
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Story summary
- Standard Chartered Plc announced a $1.5 billion share buyback after reporting a December-quarter adjusted pretax profit of $1.24 billion, below the $1.38 billion estimate.
- Wealth and global banking divisions boosted results despite weak trading income.
- Chief Executive Bill Winters noted growth in larger markets.
- For 2025, the bank reported a 16% profit increase with an underlying pre-tax profit of $7.9 billion.
- The bank proposed a final dividend of 49 cents per share.
