银行中期分红来了！国有大行分红超2000亿元

Core Viewpoint - A-share listed banks are increasingly implementing mid-term dividends for 2025, with state-owned banks leading in generosity, and several banks announcing mid-term dividends for the first time since their listing [1][2]. Group 1: State-Owned Banks - The six major state-owned banks have all announced dividend plans, with a total cash dividend amounting to 204.657 billion yuan. Industrial and Commercial Bank of China (ICBC) leads with a dividend of 50.396 billion yuan [2]. - China Construction Bank and Agricultural Bank of China follow with mid-term dividends of 48.61 billion yuan and 41.82 billion yuan, respectively [2]. - Bank of China announced a mid-term dividend of 35.25 billion yuan, maintaining a high payout ratio of 30% [2]. Group 2: Joint-Stock Banks - Several joint-stock banks, including China Merchants Bank, CITIC Bank, and Minsheng Bank, have confirmed their mid-term dividend plans for 2025, with CITIC Bank's cash dividend exceeding 10.46 billion yuan and a payout ratio of 30.7% [2][3]. - China Merchants Bank's mid-term profit distribution cash dividend is set at 35% of its net profit attributable to ordinary shareholders for the first half of 2025 [3]. Group 3: City Commercial Banks - City commercial banks such as Shanghai Bank, Ningbo Bank, and Changsha Bank have also announced mid-term dividends, with Changsha Bank proposing a cash dividend of 2.00 yuan per 10 shares, totaling 804 million yuan [3]. Group 4: Overall Banking Sector Performance - The banking sector has shown a recovery in performance, with A-share listed banks reporting revenue, pre-provision profit (PPOP), and net profit growth rates of 1.0%, 1.1%, and 0.8% year-on-year, respectively [4]. - Non-interest income has driven performance improvements, particularly in state-owned banks, while joint-stock banks have shown slightly weaker core revenue performance [4]. Group 5: Market Trends and Investment Outlook - Despite recent adjustments in the banking sector, the CSI Bank Index has risen by 9.05% year-to-date, with three banks seeing stock price increases exceeding 30% [5]. - Analysts suggest that the banking sector offers stability and potential for long-term investment, particularly in a low-interest-rate environment [5][6].