[ET Net News Agency, 20 February 2018] Standard Chartered (02888) is due to report 2017
results on 27 February. BofA Merrill Lynch believes the key themes will be actual revenue
growth, the reinstatement of the dividend; and new guidance.
On revenues, the research house sees US$3.7bn in 4Q 2017 revenues, from US$3.6bn in 3Q
2017 and compared with consensus 4Q 2017 expectations of US$3.6bn.
It also expects the dividend to be reinstated, with the US$0.1 size less significant
than the comfort provided by the supervisor supporting the resumption. BofAML reiterated
its "buy" rating and GBP10 (HK$109.24) price target. (KL)