Standard Chartered Group (02888.HK) recorded a net profit attributable to shareholders of the parent company of 1.59 billion US dollars in the first quarter, an increase of 13% year-on-year.

Zhishang Financial News App reports that Standard Chartered Group (02888.HK) has released its first quarter performance for 2025. Operating income increased by 7% to $5.4 billion USD when calculated at fixed exchange rates, or by 12% if major projects are excluded. Net interest income increased by 7% to $2.8 billion USD (calculated at fixed exchange rates). Non-net interest income rose by 7% to $2.6 billion USD (calculated at fixed exchange rates), or by 18% if major projects are excluded. Wealth management business increased by 28% (calculated at fixed exchange rates), with double-digit growth in investment products and bank insurance. Global banking business increased by 17% (calculated at fixed exchange rates), driven by increased lending and more capital market activity. Global markets business increased by 14% (calculated at fixed exchange rates), with strong performance in both recurring and non-recurring income.