Core Viewpoint - The implementation of mid-term dividends by listed banks for 2025 is progressing, with a total of 21 banks announcing their dividend intentions, amounting to a total of 237.54 billion yuan [3][5]. Group 1: Dividend Distribution - As of September 28, 2023, 21 listed banks have confirmed their mid-term dividend intentions, with 17 banks having established specific dividend plans [3][5]. - The six major state-owned banks plan to distribute a total of 204.66 billion yuan, accounting for over 86% of the total mid-term dividends [3][5]. - Notably, seven banks, including China Merchants Bank and Changshu Bank, are announcing their first mid-term dividend plans since going public [5][6]. Group 2: Financial Performance - In the first half of 2025, 42 listed banks achieved a total operating income of 2.9 trillion yuan, a year-on-year increase of 1%, while net profit reached 1.1 trillion yuan, up 0.8% [3][7]. - The average non-performing loan (NPL) ratio for listed banks was 1.23% as of June 30, 2025, a decrease of 1 basis point from the end of 2024 [8][9]. - The total assets of listed banks reached 321.33 trillion yuan, growing by 6.35% compared to the end of 2024, with total loans amounting to 184.38 trillion yuan, reflecting a growth of 5.9% [8]. Group 3: Market Signals and Investor Confidence - The increase in dividend frequency is seen as a positive signal of operational stability from listed banks, enhancing investor confidence, particularly among long-term investors such as insurance and social security funds [6][9]. - The narrowing pressure on net interest margins is expected to stabilize, contributing to the overall profitability of listed banks [8][9].
A股上市银行半年赚1.1万亿不良率1.23% 国有六大行拟分红2046.6亿占比超86%
Chang Jiang Shang Bao·2025-09-28 23:02