Core Viewpoint - The article discusses the commencement of the bank dividend season in China, highlighting the significant cash dividends announced by various banks, particularly state-owned banks, and the trends in dividend distribution for 2024. Group 1: Dividend Announcements - Starting from this week, the bank dividend season officially begins, with China Bank announcing a cash dividend of 0.1216 yuan per share for the year-end of 2024 [2] - As of April 23, 36 banks have disclosed their dividend plans, with a total dividend amount of 616.26 billion yuan, including over 230 billion yuan in interim dividends from the previous year [3][8] - China Bank's annual dividend distribution is notably earlier than in previous years, which typically occurred between June and July [5] Group 2: Dividend Distribution Details - According to the distribution plan, China Bank will distribute a total cash dividend of 35.798 billion yuan based on its total ordinary share capital of 29.4388 billion shares, with A-shares accounting for 25.629 billion yuan of this total [6][7] - The total cash dividend for the year 2024, including interim dividends, amounts to 0.2424 yuan per share, totaling approximately 71.36 billion yuan [7] Group 3: Performance of Major Banks - The six major state-owned banks have collectively announced dividends exceeding 420 billion yuan, with all six banks increasing their dividend amounts compared to the previous year, totaling nearly 100 billion yuan more [8][9] - The total dividend amount for the six major banks accounts for over 70% of the entire banking sector's dividend total, indicating their strong profitability and dividend capacity [9] Group 4: Dividend Yields and Trends - Industrial and Commercial Bank of China leads with a dividend amount of 109.773 billion yuan, followed by China Construction Bank with 100.754 billion yuan, and Agricultural Bank of China and China Bank with 84.661 billion yuan and 71.36 billion yuan, respectively [9][10] - The average dividend payout ratio for state-owned banks remains stable at 30% or higher, with an increasing trend in dividend frequency to twice a year [9][11] Group 5: Individual Bank Strategies - China Merchants Bank plans to initiate interim dividends for 2025, marking its first such distribution, with a cash dividend ratio of 35.3% last year [10] - Other banks, such as Industrial Bank and Huaxia Bank, have also committed to maintaining or increasing their dividend payout ratios above 30% [11][15] - Zhejiang Merchants Bank's cash dividend for 2024 is 4.284 billion yuan, maintaining a payout ratio above 30%, although slightly lower than previous years [13] Group 6: Overall Market Sentiment - The trend of increasing dividends is seen as a way to enhance investor confidence and stabilize stock prices, with analysts emphasizing the importance of sustainable dividend policies based on solid operational performance [16]

Group 1 - The banking sector has seen 9 stocks reach historical highs this month, including major state-owned banks like ICBC, ABC, and CCB, with significant year-to-date gains [2][4] - The banking sector index rose by 1.16% on April 24, outperforming the market, with notable increases in stock prices for major banks [2][3] - The overall performance of the banking sector improved significantly in Q4 of the previous year, with 33 out of 36 banks reporting year-on-year profit growth [4][5] Group 2 - The total cash dividends announced by banks for 2024 have reached a record high of 6,161.26 billion yuan, surpassing the previous year's total [6][7] - Major banks like ICBC, CCB, and ABC have declared dividends exceeding 500 billion yuan, contributing to the sector's reputation for high dividends [6][7] - Ningbo Bank reported the highest year-on-year increase in dividends at 50%, indicating a strong commitment to shareholder returns [7]

根据统计，截至4月23日，已经有36家银行披露了分红计划，分红总额为6161.26亿元，这其中包括去年 超2300亿元的中期分红。 分红大户 从本周开始银行分红季正式开启。4月20日，中国银行发布公告显示，中国银行A股每股派发2024年末 期现金红利0.1216元（税前，下同），股权登记日为4月24日，除权（息）日为4月25日，现金红利发放 日为4月25日。 华福证券分析称，观察近3年不同类型上市银行现金分红情况，国有大行保持稳定的高现金分红比例， 近3年现金分红比例均超30%；股份制商业银行近3年平均现金分红比例逐年提升，2023年达到29.4%； 城商行近3年平均现金分红比例有所下滑，2023年平均现金分红比例为24.8%；农商行现金分红比例为 各类银行中最低，2023年平均现金分红比例为22%。 值得注意的是，中国银行此次年度分红落地明显早于往年。数据显示，中国银行自2006年在A股上市以 来，年度分红派息时间均在6月至7月。 根据分配方案，中国银行2024年末期利润分配以方案实施前的该行普通股总股本2943.88亿股为基数， 每股派发现金红利0.1216元，共计派发现金红利357.98亿元。其中，A股 ...

随着2024年报的持续披露，17家A股上市城商行中，已有14家成绩单"浮出水面"。 郑州银行营收同比降5.78%， 从资产质量情况看，截至去年末，10家银行不良贷款率有所下降，其他则与上年持平。其 中，郑州银行不良贷款率最高，为1.79%。此外，在拨备覆盖率上，北京银行和郑州银行位 居后两位，分别为208.75%、182.99%，虽已达标但仍存提升空间。 业绩快报整理 2024年，江苏银行营业收入继续位列上述14家银行榜首，实现营业收入808.15亿元；北京银 行、宁波银行排名次之，营收均超过600亿元；上海银行、南京银行位居第四位、第五位， 均超过500亿元。 同时，上述银行中仅厦门银行去年营收未及100亿元，为57.61亿元。不过，该行在2023年增 速为负，去年实现了正向增长。 而在14家上市城商行中，仅1家营业收入为负增长，即郑州银行，降幅为5.78%，同时，该 行营收座次亦降至第十一位。 年报显示，郑州银行去年实现利息净收入103.65亿元，较上年同比下降13.75亿元，降幅 11.71%，占营业收入80.49%。其中，业务规模调整导致利息净收入增加10.43亿元，收益率 或成本率变动导致利息净收入 ...

随着A股上市银行年报的陆续披露，各家银行的分红方案也陆续拉开了帷幕。 《金融时报》记者梳理数据时发现，截至4月22日，在42家A股上市银行中，共有26家银行公布了2024 年分红方案。从分红金额来看，这26家银行累计派发现金红利近6000亿元，较去年增加超百亿元。 分机构类型来看，六家国有大行依旧是上市银行分红的"主力军"。根据年报数据，2024年六大行现金分 红金额合计超4200亿元，占全行业分红总额超七成，且分红比例均稳定在30%及以上。 其中，工商银行（601398）以1097.73亿元的派息总额领跑全行业，建设银行（601939）2024年分红金 额也超过千亿元，达1007.54亿元。农业银行（601288）、中国银行（601988）、交通银行 （601328）、邮储银行（601658）2024年分别派发现金红包846.61亿元、713.6亿元、281.46亿元和 259.41亿元。 股份制银行的分红情况也十分亮眼，但也出现了一定分化。招商银行（600036）以504.4亿元的分红总 额稳坐股份行的"头把交椅"。兴业银行（601166）分红总额达到220.21亿元，分红比例首次突破30%。 "2024 ...

Core Viewpoint - Zhengzhou Bank has reported a net profit of 1.39% growth year-on-year for 2024, while also emphasizing its commitment to digital transformation and enhancing financial services to support the real economy [2][5]. Financial Performance - As of April 18, 2025, Zhengzhou Bank's stock price is 1.84 yuan, up 0.55% from the previous week, with a total market capitalization of 16.729 billion yuan [1]. - The bank's net profit for the year ending 2024 is 1.876 billion yuan, reflecting a year-on-year increase of 1.39% [2]. Strategic Initiatives - The bank has initiated a digital transformation strategy, focusing on enhancing customer experience and internal efficiency, and is exploring the application of the DeepSeek large model [3][6]. - Zhengzhou Bank plans to increase credit support for the real economy, optimize financial services, and improve market competitiveness [2][5]. Capital Management - As of the end of 2024, the bank's capital adequacy ratio is 12.06%, with a tier 1 capital ratio of 10.81% and a core tier 1 capital ratio of 8.76%, all meeting regulatory requirements [3]. - The bank aims to maintain a balance between internal capital accumulation and external capital supplementation, considering market conditions and capital needs [3]. Dividend Policy - The bank's 2024 profit distribution plan considers shareholder returns and business development needs, with a focus on enhancing risk resistance and maintaining capital adequacy [2][5]. Response to Economic Policies - In response to government initiatives to lower financing costs, the bank has reduced the average interest rates on new loans, with a decrease of 84 basis points for general loans and 76 basis points for inclusive small and micro-enterprise loans compared to the end of the previous year [4][6]. - The bank is actively promoting consumption through optimized loan offerings and innovative mortgage products tailored to young consumers [6].

Core Viewpoint - Zhengzhou Bank has successfully reversed its net profit decline after nearly three years, achieving a net profit of 1.876 billion yuan in 2024, marking a year-on-year growth of 1.39%, indicating a transition to a new phase of high-quality development [1] Group 1: Strategic Focus and Operational Efficiency - Zhengzhou Bank has actively adjusted its strategic direction, focusing on "cost reduction and efficiency enhancement" and "business transformation" to improve operational efficiency and service capabilities [2] - The bank has effectively reduced operating costs through optimizing internal management processes, enhancing technological capabilities, and strengthening cost control, laying a solid foundation for net profit growth [2] - The acceleration of business transformation includes advancing retail and corporate business, risk control, and digital transformation, broadening revenue sources and consolidating competitive advantages in regional markets [2] Group 2: Asset Optimization - In September 2024, Zhengzhou Bank signed an asset transfer contract with Zhongyuan Asset Management, selling 15 billion yuan of credit and other assets, which improved liquidity and reduced asset loss risks [3] - This asset transfer is a key step in optimizing the bank's asset structure and enhancing asset quality, allowing for more resources to be allocated to high-yield, low-risk business areas [3] Group 3: Profit Growth Drivers - The positive growth in net profit is attributed to multiple factors, including a strategic focus on customer experience and internal efficiency, which has garnered customer trust and support [4] - The bank has adopted a more prudent and proactive risk management strategy, effectively controlling the non-performing loan ratio, which stood at 1.79% at the end of 2024, marking a steady decline over two consecutive years [4] - Zhengzhou Bank has actively fulfilled its social responsibilities by supporting green finance, technological innovation, and rural revitalization, enhancing its brand image and opening new business growth points [4] Group 4: Future Development Strategy - Looking ahead, Zhengzhou Bank aims to deepen business transformation and asset optimization during the "14th Five-Year Plan" period, focusing on retail business and inclusive finance [5] - The bank plans to continue advancing digital transformation by leveraging cutting-edge technologies such as big data and artificial intelligence to create a new ecosystem for smart banking [5] - In risk management, Zhengzhou Bank will enhance its comprehensive risk management system and improve risk warning and handling capabilities to ensure continuous asset quality improvement [5] Group 5: Commitment to Social Responsibility - Zhengzhou Bank will continue to practice the concept of green development, increasing support for green finance and rural revitalization to contribute to sustainable economic and social development [6] - The bank's impressive performance in 2024 reflects its strategic transformation and operational management effectiveness, injecting new vitality into the regional financial market [6] - The bank is committed to being a modern commercial bank with core competitiveness, regional influence, and social responsibility, creating greater value for shareholders, customers, and society [6]

Core Viewpoint - The banking industry is facing significant challenges amid tightening regulations and the need for capital management, risk control, and core competitiveness, as exemplified by Zhengzhou Bank's struggles during its transformation [1][5]. Financial Performance - Zhengzhou Bank reported revenue and net profit of 12.877 billion yuan and 1.876 billion yuan for the fiscal year 2024, with year-on-year growth rates of -5.78% and 1.39% respectively [1]. - Despite the lackluster profit performance compared to peers, the bank's profit has rebounded by 25.01 percentage points compared to the previous year, marking the highest increase among A-share listed city commercial banks [1][16]. Historical Context - Zhengzhou Bank experienced rapid growth from 2013 to 2016, maintaining revenue and net profit growth rates of over 25% and 15% respectively [4]. - Post-2020, the bank's performance declined significantly due to its heavy exposure to real estate, leading to increased non-performing loans and a drop in profitability [5][6]. Management Changes - The bank has undergone significant leadership changes, with new appointments including Zhao Fei as chairman and Li Hong as president, aiming to revitalize the management team [8][10]. - The new leadership has implemented salary reductions for executives, with a reported decrease of 25.86% in management salaries in 2024, reallocating resources to frontline employees [12][13]. Dividend Policy - Zhengzhou Bank has resumed its dividend plan after four years, distributing 0.2 yuan per share, resulting in a dividend payout ratio of 9.69% [14]. Growth Strategy - The bank has shifted its focus towards expanding its loan portfolio, with corporate and retail loan growth rates of 6.11% and 8.09% respectively in 2024 [26]. - The bank is also enhancing its support for rural economies and technology enterprises, with a significant increase in policy-based loans for innovation [24][20]. Asset Quality - The bank's non-performing loan ratio has decreased by 0.08 percentage points to 1.79%, while the provision coverage ratio has improved to 182.99%, indicating enhanced risk mitigation capabilities [28]. - However, challenges remain, particularly in the real estate sector, where the non-performing loan amount reached 2.123 billion yuan, reflecting a 12.26% increase year-on-year [30]. Future Outlook - The new management team is expected to focus on comprehensive risk management, with an emphasis on credit risk as a priority [31]. - The ability of Zhengzhou Bank to maintain stability and regain growth momentum under the new leadership remains to be seen [33].

Core Viewpoint - The performance of 14 out of 17 listed city commercial banks in China for 2024 shows resilience and growth despite challenges in the banking sector, with many banks leveraging regional advantages and differentiated business strategies to achieve notable results [1][2]. Revenue and Profit Growth - The average revenue growth rate for the 14 listed city commercial banks reached 5.31% year-on-year, with Nanjing Bank leading at 11.32% growth [2][3]. - Jiangsu Bank and Ningbo Bank achieved over 8% revenue growth despite a high base, supported by quality credit resources in the Jiangsu and Zhejiang regions [2][3]. Performance Summary of Listed City Commercial Banks - Jiangsu Bank: Revenue of 808.15 billion, up 8.78%; Net profit of 318.43 billion, up 10.76% [3]. - Beijing Bank: Revenue of 699.17 billion, up 4.81%; Net profit of 258.31 billion, up 0.81% [3]. - Ningbo Bank: Revenue of 666.31 billion, up 8.19%; Net profit of 271.27 billion, up 6.23% [3]. - Nanjing Bank: Revenue of 502.71 billion, up 11.32%; Net profit of 201.77 billion, up 9.05% [3]. - Zhengzhou Bank: Revenue decreased by 5.78% to 128.77 billion, attributed to weak corporate loan growth [3][4]. Asset Quality and Risk Management - Zhengzhou Bank reported a non-performing loan (NPL) ratio of 1.79%, higher than the average for city commercial banks, indicating a need for improvement in asset quality management [7]. - All 14 listed city commercial banks maintained a provision coverage ratio above the regulatory minimum of 150%, with Hangzhou Bank and Ningbo Bank showing exceptional performance [8][9]. Differentiated Business Strategies - City commercial banks are encouraged to adopt differentiated development strategies based on regional characteristics to enhance their business models [10]. - Ningbo Bank focuses on risk management in exchange rate and interest rate, achieving a 20.15% increase in institutional deposits [11]. - Beijing Bank plans to leverage digital products and services to enhance its business model in a low-interest environment [11].

郑州银行正在稳步推进风险内控转型，重塑现有风险管理体系。在这一过程中，郑州银行综合施策，采 取了一系列多元化、系统性的风险管控措施，全方位保障各项事务的稳健运行。这些措施涵盖了风险识 别、评估、预警和应对等多个环节，旨在构建一个全面、动态、可持续的风险防控体系。 在风险管理上，郑州银行持续做实、做好"三道防线"。分支机构和业务部门压实"第一道防线"责任，在 日常业务开展中直接识别、评估和控制风险，从源头上把控风险的产生；风险管理部门发挥第二道防线 作用，负责制定风险管理政策和流程，对第一道防线的工作进行监督和指导，确保风险管控措施的有效 执行；内部审计部门筑牢第三道防线，对风险管理体系进行全面审计，及时发现潜在问题并提出改进建 议，对第一、二道防线履职情况及有效性进行监督评价。在这套架构下，风险管理团队通过不断优化流 程和调整方法，有效提升风险管控水平，为郑州银行的稳健发展保驾护航。 在当前复杂多变的金融环境中，郑州银行展现出了强劲的发展韧性与活力。郑州银行2024年度报告显 示，截至2024年末，郑州银行不良贷款率1.79%，较年初下降0.08个百分点，拨备覆盖率182.99%，风险 抵补能力持续增强。20 ...