XIANMEN BANK(SH:601187) Sou Hu Cai Jing·2025-04-28 15:25Core Viewpoint - Xiamen Bank has demonstrated resilience and growth in its first quarter of 2025, focusing on structural optimization and quality efficiency while maintaining low non-performing loan rates and solid asset growth [1] Group 1: Financial Performance - As of March 31, 2025, Xiamen Bank's total assets reached 414.24 billion yuan, a year-on-year increase of 1.58% [2] - The total amount of loans and advances was 210.58 billion yuan, up 2.49% from the previous year, with general loan growth at 2.75% [2] - The bank's operating income for Q1 2025 was 1.214 billion yuan, and net profit attributable to shareholders was 645 million yuan [3] Group 2: Asset Quality and Risk Management - Xiamen Bank's non-performing loan balance and rate decreased compared to the previous year, with a non-performing loan rate of 0.86% as of March 31, 2025, remaining low within the industry [4] - The bank's provision coverage ratio stood at 313.57%, indicating strong risk resistance capabilities [4] Group 3: Shareholder Returns and Management Confidence - The bank has maintained a cash dividend payout ratio exceeding 30% for four consecutive years, with a total cash dividend of 818 million yuan planned for 2024 [5] - Xiamen Bank's management has voluntarily increased their holdings, reflecting confidence in the bank's future development and commitment to high-quality growth [6] - The bank aims to continue its focus on regional economic development and differentiated service capabilities to support sustainable high-quality growth [6]