Standard Chartered PLC has announced its financial results for the third quarter ending September 30, 2025. The company reported that it expects to achieve an underlying return on tangible equity of approximately 13 percent in 2025, reaching this target a year ahead of schedule.
Bill Winters, Group Chief Executive, stated: “We now expect to deliver an underlying return on tangible equity of around 13 per cent in 2025, hitting our target a year earlier than planned. Progress is broad-based, but our sharper strategic focus on servicing our clients’ cross-border and affluent banking needs is paying off, with strong double-digit growth in Wealth Solutions and Global Banking, alongside good momentum in our Global Markets flow business.”
Group Chief Financial Officer Diego De Giorgi provided further details on the quarterly performance: “Third quarter income was up 5 per cent year-on-year to USD5.1 billion and profit before tax was up 9 per cent to USD2 billion. Our growth engines have continued to deliver consistent performance, with a record quarter in both Wealth Solutions and Global Banking. Our consistent delivery gives us confidence to upgrade our 2025 income growth guidance to be towards the upper end of the 5 to 7 per cent range. We now expect to deliver a return on tangible equity of around 13 per cent in 2025. This exceeds our previous guidance and accelerates our delivery by a year.”
The company noted that these figures are based on underlying numbers and compared at constant currency rates against the third quarter of 2024.
For more information about Standard Chartered’s financial results and investor updates, interested parties can visit the company's Investor Relations section.