Standard Chartered on Wednesday upgraded its 2024 income guidance as it posted profits in the third quarter that beat expectations, driven by record performance in its wealth management business.
Here are StanChart’s results for the quarter, compared with LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate:
- Pre-tax profit: $1.81 billion vs. $1.59 billion
- Net interest income: $2.6 billion vs. $2.57 billion