Standard Chartered PLC
STAN: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|@b | LOCK|l# | LOCK|rMG#V$ |
Standard Chartered Earnings: Raising Valuation on Strong Noninterest Income Growth
Standard Chartered's third-quarter operating income was up 5% year on year, driven by strong wealth solutions and global banking revenue, despite softer net interest income. The bank now expects to reach its 13% return on tangible equity target in 2025, ahead of the originally guided 2026.
