INDUSTRIAL BANK(601166) 新浪财经·2025-03-28 10:14Core Viewpoint - Industrial Bank reported a slight increase in revenue and net profit for 2024, with a focus on enhancing shareholder returns through dividends and optimizing its capital structure [1][4]. Financial Performance - In 2024, Industrial Bank achieved operating income of 212.23 billion yuan, a year-on-year increase of 0.66%, and a net profit attributable to shareholders of 77.21 billion yuan, up 0.12% [1]. - The bank plans to distribute a dividend of 1.06 yuan per share, marking a dividend payout ratio of 30.17%, the first time exceeding 30% [4]. Asset Management and Strategy - By the end of 2024, Industrial Bank's total assets reached 10.51 trillion yuan, marking a significant milestone as it crossed the 10 trillion yuan threshold [2]. - The bank aims to optimize its equity structure by attracting long-term strategic investors, including corporate and insurance funds [3]. Interest Margin and Loan Growth - The net interest margin is expected to decline by 10 basis points in 2025, but it remains above the industry average, with a current net interest margin of 1.82% [5][7]. - Industrial Bank plans to increase new loans by 400 billion yuan in 2025, with 300 billion yuan allocated to corporate loans and 100 billion yuan to retail loans [8]. Asset Quality and Risk Management - The bank anticipates a decrease in the scale of new non-performing assets compared to the previous year, with a non-performing loan ratio of 1.07% as of the end of 2024 [9][10]. - The bank's retail loan non-performing rate stands at 0.82%, which is considered favorable within the industry [10].