--- title: "\"Big Banks\" UBS: Standard Chartered's last quarter performance was strong, driven by trading services, wealth management, and global banking operations" description: "The UBS report pointed out that JP Morgan's adjusted pre-tax profit for the third quarter of 2025 exceeded market expectations by 15%. Net interest income and core non-interest income both surpassed e" type: "news" locale: "en" url: "https://longbridge.com/en/news/263455423.md" published_at: "2025-10-30T08:06:13.000Z" --- # "Big Banks" UBS: Standard Chartered's last quarter performance was strong, driven by trading services, wealth management, and global banking operations > The UBS report pointed out that JP Morgan's adjusted pre-tax profit for the third quarter of 2025 exceeded market expectations by 15%. Net interest income and core non-interest income both surpassed expectations, driving total revenue growth by 4%. Cost control also exceeded expectations, with pre-provision profit up by 10%. Impairment losses were lower than market consensus, and the common equity tier 1 capital ratio was 14.2%. Overall revenue was primarily driven by transaction services, global banking, and wealth management, with a rating of "Buy" and a target price of 1,537 pence UBS report indicates that Standard Chartered (02888.HK) adjusted pre-tax profit for the third quarter of 2025 is 15% higher than market consensus, with net interest income exceeding expectations by 2% and core non-interest income up by 5%, driving total revenue growth of 4%. Additionally, cost control is 1% better than expected, resulting in pre-provision profit being 10% higher than anticipated. Impairment losses are 23% lower than market consensus, which includes moderate provisions for Hong Kong commercial real estate. The common equity tier 1 capital ratio is 14.2%, exceeding market expectations by 10 basis points, down 20 basis points quarter-on-quarter (including a 50 basis point drag from the repurchase plan announced in the second quarter). UBS states that Standard Chartered's overall revenue exceeded expectations mainly driven by transaction services, global banking, and wealth management, with some growth offset by a slowdown in global markets business. Rating "Buy," with a target price of 1,537 pence for Standard Chartered in London ### Related Stocks - [02888.HK - STANCHART](https://longbridge.com/en/quote/02888.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | XRP Projected To Reach $8 By 2026: Standard Chartered Identifies Two Major Catalysts | Standard Chartered forecasts XRP could reach $8 by 2026, driven by potential inflows from spot ETFs and regulatory clari | [Link](https://longbridge.com/en/news/271133432.md) | | Standard Chartered bought back total 533,652 shares for GBP9.7 million on Dec 30 on other exchanges, HKEX filing shows | Standard Chartered bought back total 533,652 shares for GBP9.7 million on Dec 30 on other exchanges, HKEX filing shows | [Link](https://longbridge.com/en/news/271202682.md) | | Will China Literature Turn The Page? | China Literature Ltd. expects a net loss of up to 850 million yuan for last year, primarily due to a 1.8 billion yuan go | [Link](https://longbridge.com/en/news/276113491.md) | | Coatue Management Cuts Share Stake In Nvidia,Tesla,Oracle,dissolves in Pinterest | Coatue Management has made significant adjustments to its shareholdings, as reported in SEC filings. The firm has reduce | [Link](https://longbridge.com/en/news/276178403.md) | | Berkshire Hathaway discloses investment in New York Times | Berkshire Hathaway has disclosed a new investment in the New York Times, reentering a sector it left in 2020. The compan | [Link](https://longbridge.com/en/news/276173033.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.