Chang Jiang Shang Bao·2025-11-16 23:33Core Viewpoint - Everbright Bank has announced a mid-term profit distribution plan for 2025, proposing a cash dividend of 1.05 yuan per 10 shares, totaling 6.204 billion yuan, which accounts for 25.2% of its net profit attributable to shareholders. This marks the second consecutive mid-term dividend after its first in 2024 [2][4]. Group 1: Dividend Distribution - Seven out of nine listed commercial banks have either implemented or are planning to implement mid-term dividends, with a cumulative payout amounting to 66.973 billion yuan [5]. - Minsheng Bank has already completed its mid-term dividend distribution, amounting to 5.954 billion yuan, while China Merchants Bank and Industrial Bank have initiated their first mid-term dividends, with amounts of 26.226 billion yuan and 11.957 billion yuan respectively [3][4]. Group 2: Net Interest Margin Trends - The net interest margin (NIM) for Everbright Bank in the first three quarters of 2025 was 1.34%, a decrease of 0.2 percentage points from 1.54% in 2024 [6][7]. - Despite the pressure on NIM, the overall decline is expected to narrow for the year, with management anticipating a stabilization in the banking sector's NIM and a potential recovery in net interest income growth [8][9]. Group 3: Financial Performance - The operating revenues of major banks have generally declined, with Everbright Bank reporting a 7.94% decrease in revenue to 94.27 billion yuan for the first three quarters of 2025 [6]. - In contrast, Minsheng Bank and Shanghai Pudong Development Bank reported revenue growth of 6.74% and 1.88% respectively, indicating a divergence in performance among the banks [8].