Bank Of Shanghai(601229) 和讯网·2025-04-25 07:46Core Viewpoint - Shanghai Bank emphasizes its commitment to providing stable and reasonable returns to shareholders, implementing a new profit distribution plan that combines interim and final dividends, reflecting confidence in its operational performance [1][2] Group 1: Dividend Policy - In 2024, Shanghai Bank's total cash dividend amount increased by 8.70% year-on-year, reaching a cash dividend ratio of 31.22%, up by 1.16 percentage points from the previous year [1] - The bank plans to distribute an interim cash dividend of 2.80 yuan (before tax) per 10 shares and a final cash dividend of 2.20 yuan (before tax) per 10 shares, totaling over 6 billion yuan for the year [1] - Since its listing in 2016, the bank has distributed over 48 billion yuan in ordinary share dividends, which is 4.5 times its total financing amount [1] Group 2: Financial Performance - In 2024, Shanghai Bank achieved an operating income of 52.986 billion yuan, a year-on-year increase of 4.79%, and a net profit attributable to shareholders of 23.560 billion yuan, up by 4.50% [2] - The bank's non-performing loan ratio decreased to 1.18%, marking two consecutive years of decline, while the proportion of loans overdue by more than 90 days fell to 84.14% [2] - The core Tier 1 capital adequacy ratio improved to 10.35%, indicating enhanced risk resilience [2] Group 3: Future Outlook - Shanghai Bank aims to maintain an annual cash dividend ratio of no less than 30% over the next three years, fostering a positive interaction with the capital market through stable returns [2]