STANCHART 1Q26 PBT USD2.45B Up 16.5% YoY, Beats Ests
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STANCHARTreported a 16.5% YoY increase in profit before tax to USD2.45 billion for 1Q26, surpassing estimates. Operating income rose 9.7% YoY to USD5.902 billion, with EPS at USD0.742. Net interest income edged up 1% to USD2.9 billion, while non-interest income climbed 16% to USD3 billion. The bank maintained its 2026 guidance, expecting stable net interest income and flat costs. A USD1.5 billion share buyback program is ongoing, with 22 million shares repurchased for USD471 million, reducing the share count by 0.96%.
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