Standard Chartereds 2025 profit jumps 16% buoyed by wealth management growth
Standard Chartered Bank, one of Hong Kong’s three note-issuing banks, reported a 16 per cent profit jump for 2025, as strong wealth management growth helped it weather rising bad debt from the city’s commercial real estate slump. The London-based bank, which generates much of its revenue from Asia, reported an underlying pre-tax profit of US$7.9…
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, the bank said in a stock exchange filing on Tuesday. Underlying earnings per share stood at US$2.297.
This matched analysts’ estimate of US$7.9 billion.
It 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.
