Following the release of positive results by Barclays, Stanchart's (02888) profit forecast has been mildly reduced by 2% and 0.9% for the next two years.
According to a research report by Deutsche Bank released on Zhitong Finance, Stanchart (02888) has been given a "shareholding" rating. Due to weak trading income, this year's non-interest income forecast has been downgraded, but the cost forecast remains unchanged; due to improvements in credit quality, the expected credit loss forecast has been lowered, and the target price has been slightly reduced from HKD 100.4 to HKD 100.
After the disclosure of Stanchart's interim performance, the bank has slightly reduced its profit forecast for the next two years by 2% and 0.9%; adjusted the earnings per share forecast for 2026 by 0.3%; and slightly increased the net interest income forecast for the company this year due to expected improvements in net interest margins, but lowered the net interest income forecast for 2025 and 2026 based on decreased earning asset balances (AIEA).
