Oct 30 (Reuters) - Standard Chartered PLC 2888.HK:
QTRLY OPERATING INCOME OF $5.1BN
ROTE NOW EXPECTED TO BE AROUND 13% IN 2025 AND TO PROGRESS THEREAFTER
CONTINUE TO OPERATE DYNAMICALLY WITHIN FULL 13-14% CET1 RATIO TARGET RANGE
EXPECT TO DELIVER UNDERLYING RETURN ON TANGIBLE EQUITY OF AROUND 13% IN 2025
PLAN TO RETURN AT LEAST $8BN TO SHAREHOLDERS CUMULATIVE 2024 TO 2026
STANDARD CHARTERED PLC SEES OPERATING INCOME TO INCREASE 5-7% CAGR IN 2023-2026 AT CCY
2025 INCOME GROWTH NOW EXPECTED TO BE TOWARDS THE UPPER END OF THE 5-7% RANGE AT CCY
Further company coverage: 2888.HK
((Reuters.Briefs@thomsonreuters.com;))