EarningsQ2 2026 Earnings Report
DE:STD Q2 2026 EPS Results
Actual EPS€0.65
Consensus EPS€0.57
Beat/MissBeat by +€0.08
One Year Ago EPS€0.66
DE:STD Q2 2026 Revenue Results
Actual Revenue€8.94B
Expected Revenue€4.81B
Beat/MissBeat by +€4.13B
YoY Revenue Growth-2.64%
Earnings Announcement Details
QuarterQ2 2026
Date07/29/2026
TimeBefore Open
Conference CallWednesday, July 29, 2026
DE:STD Upcoming Earnings
Standard Chartered's next earnings date is estimated for October 28, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:STD Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized broad-based operational momentum: upgraded 2026 income guidance, record wealth performance, stronger flow income and Global Banking growth, improved capital returns and a robust CET1 ratio. Key risks noted were proactive Middle East credit overlays, modest NII headwinds from WRB deposit mix and portfolio actions, episodic income comparators and some timing-driven RWA volatility. Overall, management presents a confident growth and capital-return story while acknowledging targeted, precautionary credit overlays and near-term margin headwinds.Company Guidance
Strong P&L and EPS Growth
Group operating income of $5.7B in Q2 (up 3% YoY; up 8% YoY excluding last year's Solv gain). Record first half EPS up 17% YoY; profit before tax $2.3B and return on tangible equity (RoTE) of 17.9% in Q2.
Upgraded 2026 Income Guidance
Management upgraded 2026 income guidance to around the middle of the 5%–7% YoY growth range, and upgraded net interest income (NII) guidance to low single-digit percentage growth at constant currency for 2026.
Wealth Solutions Outperformance
Wealth Solutions delivered a record quarter: income $1.1B, up 43% YoY. Raised $15B net new money in Q2 (with $9B from wealth); first-half net new money implies ~15% annualized AUM growth. Onboarded 76,000 new-to-bank affluent clients in Q2.
CIB Momentum — Flow and Banking
CIB income $3.3B in Q2 (up 2% YoY). Global Banking income up 18% YoY; Global Markets flow income up ~16% YoY; transaction services income up 5%. Origination and distribution volumes up 37% and 15% respectively; network income up 8% YoY in H1.
Capital Returns and Strong CET1
Announced $1B share buyback and an interim dividend of $0.204 per share. CET1 ratio strong at 14.2%; net tangible asset value per share $7.55 (up 4% YoY).
Asset Growth and Balance Sheet Trends
Underlying customer loans and advances grew 2% Q/Q and 5.7% YTD; customer deposits grew 2% Q/Q. Risk-weighted assets down $4.7B (2%) Q/Q, with management expecting much of this to reverse in H2.
Credit Quality and Low Loan Losses
Quarterly credit impairment $150M; loan loss rate 20 basis points in Q2 and 26 bps annualized for H1. Management reaffirms through-the-cycle loan loss guidance of 30–35 bps.
Cost Discipline and Fit for Growth Progress
Operating expenses broadly flat YoY in Q2 (up 3% excluding a $74M notable item). Fit for Growth program: $128M cost-to-achieve booked in Q2 ($250M YTD); 2026 expense guidance (ex-notables) ~ $13.3B at constant currency.
Digital Assets and Tokenisation Traction
Notable progress in digital assets: first digitally traded intraday FX swap executed; tokenized deposit run-rate ~ $11B monthly (driven by e-CNY cross-border settlements and multicurrency work).
DE:STD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed