LONDON (IT BOLTWISE) – Standard Chartered shares rose 1.3 percent to GBP 16.05 in London trading on Thursday afternoon. Despite a decline in sales in the last quarter, the company remains optimistic and expects positive developments in the coming year.
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Standard Chartered shares were up 1.3 percent at £16.05 in London trading on Thursday lunchtime. This is notable as the company recently announced an 8.14 percent decline in revenue compared to the same period last year. Sales amounted to GBP 7.53 billion, compared to GBP 8.20 billion in the previous year.
Interestingly, despite these challenges, Standard Chartered was able to report earnings per share of £0.33, an increase from the same quarter last year when earnings per share were £0.28. Analysts expect the company to post earnings per share of $2.19 in 2025, indicating positive development.
The shares reached their highest level in the last 52 weeks on November 6, 2025 at GBP 16.13. The 52-week low was 8.73 GBP on April 10, 2025, showing that the current price is well above this low point. Investors appear optimistic that the company can overcome its challenges.
For 2024, a dividend of £0.290 was paid to shareholders, and for the current year, experts expect a dividend of $0.461. The upcoming fourth quarter 2025 financial results are expected on February 24, 2026, which will provide further insights into the company’s financial position.
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