记者丨 叶麦穗 实习生孙筠雅 编辑丨包芳鸣 银行的"红包行情"持续，7月11日，招商银行和西安银行双双派发红包，而就在前一日中信银 行和北京银行也刚刚实施完毕分红。 根据同花顺统计，A股上市银行2024年年度分红累计总额超过6300亿元，相比前一年增加了 200亿元。就在银行派发去年红包的同时，银行的中期分红也在路上。大额红包也让银行股大 火，以工农中建等为代表的18只银行股在2025年年内先后创出新高，中证银行指数上涨17%， 成为今年行业板块"最靓的仔"。 银行分红高峰期 进入7月后，A股上市银行迎来分红高峰期。7月11日，招商银行和西安银行两家银行同日 派"红包"。根据此前的公告，招商银行向全体A股股东每股派发现金红利2.000元（含税），合 计派发金额约504.40亿元，其中A股现金红利达412.58亿元。此次分红方案延续了招商银行一 贯的高比例分红政策，以公告日假设股价35元/股计算，股息率约为5.7%。 西安银行则向全体股东每10股派现1元（含税），合计派发现金红利人民币4.44亿元，占同期 归母净利润的比例为17.37%，不送红股，不进行资本公积转增股本。 而就在前一天，7月10日，北京银行和中 ...

日前，工商银行发布公告称，将于7月14日派发2024年末期现金股息约586.64亿元。招商银行也于近期宣布，将于7月11日进行年度分红派息，每股派发现金 红利2元（含税），合计派发金额约为504.40亿元。 据统计，截至目前，42家A股上市银行的年度利润分配方案均已获得股东大会审议通过，其中已有26家银行完成了年度分红派息。 分红方案密集发布 据Wind统计数据，2024年A股上市银行现金分红总额将达6319.56亿元，同比增幅为3.03%。 国有银行作为分红的"主力军"，分红规模稳居前列。工商银行、建设银行、农业银行和中国银行四大国有银行2024年累计分红金额均突破700亿元。其中， 工商银行分红金额最高，年度累计分红总额为1097.73亿元，同比增长0.52%。建设银行紧随其后，分红1007.54亿元，同比小幅增长0.75%。农业银行和中国 银行位居第三和第四，现金分红总额分别为846.61亿元和713.60亿元。 在股份行中，招商银行的分红金额最高：每股派发现金红利2元（含税），合计派发金额约为504.40亿元，其中A股现金红利达412.58亿元，也是股份行中唯 一一家分红总额站上500亿元的银行。 从 ...

Core Viewpoint - A-share listed banks are entering a peak period for cash dividends, with a total annual dividend amount reaching 509.23 billion yuan for the 2024 fiscal year, reflecting strong shareholder return capabilities [1][3][4] Group 1: Dividend Distribution Overview - As of July 7, 2024, 35 out of 42 listed banks have announced their profit distribution plans, with 7 more awaiting formal implementation [3] - The total annual dividend amount of 509.23 billion yuan includes 303.55 billion yuan already distributed by 26 banks, excluding four major state-owned banks [3][4] - Major state-owned banks, such as China Construction Bank and Bank of China, lead in dividend distribution, with Construction Bank distributing 100.75 billion yuan, a slight increase of 0.75% year-on-year [3][4] Group 2: Performance of Joint-Stock and City Commercial Banks - Among joint-stock banks, Industrial Bank has the highest cash dividend of 22.43 billion yuan, up 3.83% year-on-year, while other banks like Ping An Bank and Huaxia Bank show varying dividend trends [4] - City and rural commercial banks are enhancing shareholder returns by increasing the frequency of dividends, with over half of the 18 banks implementing both mid-year and year-end dividends [4][6] Group 3: Future Dividend Plans - Several banks are already planning for mid-term dividends for 2025, indicating a proactive approach to shareholder returns [5][6] - The regulatory environment encourages banks to enhance cash dividend levels and frequency, aiming to improve investor satisfaction and confidence [6][8] Group 4: Dividend Ratios and Trends - Approximately 70% of listed banks have a dividend payout ratio exceeding 20%, with 11 banks surpassing 30%, led by China Merchants Bank at 33.99% [7] - Some banks have shown significant increases in their dividend ratios, with Xi'an Bank's ratio rising from 10.11% to 17.37%, a notable increase of 7.26 percentage points [7] Group 5: Policy and Economic Context - The China Securities Regulatory Commission has issued guidelines to promote regular cash dividends, aiming to stabilize investor expectations [8] - High dividend ratios reflect banks' strong profitability and capital adequacy, indicating confidence in future growth [8][9]

Core Viewpoint - Su Nong Bank is planning to issue subordinated capital bonds to enhance its capital adequacy ratio amid transformation pressures and has reduced cash dividends for the second consecutive year to retain profits for capital replenishment [1][2][4]. Group 1: Capital Management - Su Nong Bank intends to issue subordinated capital bonds with a total scale of no more than 1 billion yuan to strengthen its capital base [1][3]. - As of March 2025, the bank's capital adequacy ratio is 12.91%, a decrease of 0.17 percentage points from the end of the previous year [2][3]. - The bank has previously issued subordinated capital bonds in April 2021 and May 2024, with sizes of 500 million yuan and 1 billion yuan, respectively [3]. Group 2: Financial Performance - In 2024, Su Nong Bank reported operating income of 4.174 billion yuan, a year-on-year increase of 3.17%, and a net profit of 1.945 billion yuan, up 11.62% [2][5]. - The bank's cash dividend for 2024 was 330 million yuan, with a cash dividend payout ratio of only 16.98%, marking the lowest in nearly eight years [4][5]. - For Q1 2025, the bank achieved operating income of 1.132 billion yuan, a 3.29% increase year-on-year, and a net profit of 440 million yuan, up 6.19% [6]. Group 3: Strategic Focus - The bank is focusing on retail transformation, with customer assets under management (AUM) exceeding 118 billion yuan and retail deposits surpassing 100 billion yuan [5]. - The bank's management has indicated that the low dividend payout ratio is due to the need to retain profits for capital replenishment and to enhance risk resistance capabilities [5][6]. - The bank's non-performing loan ratio remains stable at 0.90%, with a provision coverage ratio of 420.03% as of March 2025 [6].

Core Viewpoint - The peak dividend distribution period for A-share listed banks has arrived, with a total dividend of 427.38 billion yuan already distributed, accounting for nearly 70% of the total cash dividends for A-share listed banks in 2024 [1][3] Dividend Distribution Situation - As of June 27, 16 A-share listed banks have yet to fully implement their 2024 profit distribution plans, but all have passed shareholder meetings for approval. Everbright Bank announced its profit distribution plan on the same date [2] Market Reaction and Analysis - Analysts indicate that the dividend policies of listed banks reflect their profitability and commitment to shareholder returns. The ongoing dividend peak is increasing investor interest in bank stocks. Stable dividend policies are crucial for attracting long-term investors in the current economic environment. As more banks complete their profit distribution plans, the total dividend amount for A-share listed banks is expected to rise further. The market anticipates that with economic recovery and improved bank profitability, dividend policies will remain stable, providing continuous returns to shareholders [3] Specific Bank Dividend Details - Hu'nong Commercial Bank: Cash dividend of 0.30 yuan per share distributed on June 27 - Yu'nong Commercial Bank: Cash dividend of 0.35 yuan per share distributed on June 27 - Zhe'shan Bank: Cash dividend of 0.20 yuan per share distributed on June 27 [4]

Group 1 - The core viewpoint of the articles highlights that listed banks in China are distributing dividends, with a total cash dividend amount reaching 6,319.56 billion yuan for 2024, reflecting a year-on-year increase of 3.03% [1] - A total of 26 banks have implemented their profit distribution plans for the year 2024, with 14 banks completing both mid-term and year-end dividends [1] - Among the 42 A-share banks, 39 have increased their cash dividends compared to the previous year, with an overall increase of 186 billion yuan in total dividend amounts [1] Group 2 - Notably, Ningbo Bank has proposed a cash dividend of 9 yuan per 10 shares for 2024, marking a second consecutive year of increased dividend payouts [2] - 25 A-share listed banks have raised their cash dividend ratios for 2024, with Ningbo Bank's ratio increasing by 6.3 percentage points to 21.91% [2] - Industrial Bank and Citic Bank have also reported consistent increases in their cash dividend ratios, with Industrial Bank's ratio reaching 30.73% for 2024 and Citic Bank planning a cash dividend of 194.55 billion yuan [2]

上市银行红利派发高峰期已至。 6月27日，沪农商行、渝农商行和浙商银行实施了2024年度现金红利派发。至此，已有26家银行落地了2024年 度末期利润分配方案，叠加已实施的中期分红，年度分红合计已达4273.83亿元。 这意味着A股上市银行落地分红总额已完成了近七成。根据wind统计数据，2024年A股上市银行现金分红总额 将达6319.56亿元，相较去年增加了近两百亿元，增幅为3.03%。 另外，光大银行还于6月27日晚间发布公告，该行股东大会审议通过了2024年度末期利润分配方案。这也意味 着，16家还未完全实施2024年度利润分配方案的A股上市银行，分红方案均已股东大会通过，有待后续正式落 地。 现金分红总额提高近两百亿元 今年上市银行的分红动作明显前置，有近一半的A股上市银行集中于6月份落地实施2024年度利润分配方案。 截至6月27日，有14家银行均完成了2024年中期和末期分红，包括：国有大行中的4家银行，即建设银行、邮储 银行、中国银行、交通银行；股份行中的华夏银行、平安银行；以及8家区域银行，即沪农商行、渝农商行、 厦门银行、南京银行、上海银行、齐鲁银行、紫金银行、苏州银行。 从分红力度看，绝 ...

Core Viewpoint - The banking sector has emerged as one of the best-performing industries in the first half of the year, with significant stock price increases and a total market capitalization exceeding 15 trillion yuan [1][3]. Group 1: Performance of Major Banks - On June 25, several banks, including Agricultural Bank of China, Bank of Communications, and others, reached new historical highs, contributing to a 1.03% increase in the banking index on that day [3]. - A total of 18 bank stocks have hit historical highs this year, with no bank stock showing a decline since the beginning of the year. All bank stocks are in the green, with 16 stocks rising over 20% and 32 stocks over 10% [3]. - The top-performing banks include Qingdao Bank, Industrial Bank, and Shanghai Pudong Development Bank, with increases of 33.76%, 32.93%, and 30.81% respectively [3]. Group 2: Reasons for Strong Performance - Analysts attribute the strong performance of the banking sector to macroeconomic conditions and market trends over the past few years. The banking index has outperformed the CSI 300 index by 13.6 percentage points this year [4]. - The current price-to-book (PB) ratio for the banking index is 0.68, indicating potential for future growth. The overall upward trend in the banking sector is expected to continue, particularly for regional banks [4]. - The anticipated recovery in revenue and profit growth is supported by the positive contribution of deposit repricing to net interest margins and a potential decline in bond market volatility [4]. Group 3: Institutional Investment Trends - The global economic environment has led to a decrease in investor risk appetite, making the undervalued banking sector an attractive defensive asset for risk-averse investors [5]. - The recent regulatory changes in public fund management are expected to increase bank holdings among active funds, which currently have a bank holding ratio of only 3.81%, compared to a 13.67% weight in the CSI 300 index [5]. - The new public fund assessment mechanism is likely to encourage active funds to increase their bank holdings, thereby narrowing the performance gap with benchmarks [5]. Group 4: Dividend Policies and Impact - The continuous dividend payouts from banks have significantly contributed to the sector's growth, with several banks announcing mid-year dividend plans for 2025 [8][9]. - Nanjing Bank and Shanghai Rural Commercial Bank have both committed to increasing dividend frequencies in response to policy calls, enhancing shareholder returns [8][9]. - The trend of banks announcing mid-year dividends is expected to bolster their performance and attract more investment [10]. Group 5: Future Outlook - Analysts predict that the core investment logic for the banking sector will persist, driven by high dividend yields, institutional fund inflows, and supportive policies for net interest margins [6]. - The overall funding environment for banks is improving, with increased allocations from passive funds and stable foreign capital holdings [11]. - The combination of macroeconomic policies and microeconomic data is expected to lead to a reassessment of bank net assets, providing intrinsic motivation for industry valuation increases in 2025 [11].

21世纪经济报道记者 叶麦穗 广州报道银行板块成为今年上半年表现最好的行业板块之一，包括四大行 在内的18只银行股今年先后突破历史新高，银行板块规模突破15万亿，中证银行指数上涨15.6%。 四大行今日再创新高 6月25日，银行板块再度捷报频传，农业银行、杭州银行、江苏银行、中国银行、交通银行、成都银 行、南京银行、建设银行和工商银行等9只个股在盘中再创历史新高。中证银行板块6月25日当日上涨 1.03%，板块规模已经达到了15.5万亿。 根据同花顺统计，今年已先后有18只银行创出历史新高，成绩斐然。年初至今没有1只银行股出现下 跌，全部收红，其中涨幅超过20%的银行股有16只，涨幅超过10%的银行股则达到了32只。 板块内涨幅超过三成的银行有三家，分别是青岛银行、兴业银行和浦发银行，今年上涨33.76%， 32.93%和30.81%。排在第四名的是江苏银行，年内上涨27.87%。此外渝农商行、重庆银行、齐鲁银 行、浙商银行等12只个股的涨幅超过20%。 谈及银行板块走势强劲的原因，业内人士认为，或与过去几年的宏观经济和市场走势有关。万联证券银 行业分析师郭懿认为，今年银行指数跑赢沪深300指数13.6个百分 ...

青岛银行寻求股东增持的意愿在今年一季度已有端倪。3月26日，青岛银行曾在发布的估值提升计划中 明确提到，接下来将与各方股东积极沟通，鼓励股东增持该行股份。 6月11日，青岛银行公告显示，该行董事会全票通过《关于青岛国信发展（集团）有限责任公司通过子 公司增持青岛银行股份有限公司股份的议案》，在银行业监管机构核准后方可实施。 | 股东名称 | 股东性质 | 持股比例 | 持股数量(股) | | --- | --- | --- | --- | | 香港中央结算(代理人)有限公司 | 埃外法人 | 21.87% | 1,272,948,494 | | 盖大利联合圣保罗银行 | 境外法人 | 17.50% | 1,018,562,076 | | 青岛国信产融控股(集团) 有限公司 | 国有法人 | 11.25% | 654,623,243 | | 青岛海尔产业发展有限公司 | 境内非国有法人 | 9.15% | 532,601,341 | | 青岛海尔空调电子打架公司 | 境内非同有法人 | 4.88% | 284,299,613 | | 海尔智家股份有限公司 | 模内等因有法人 | 3.25% | 188,886, ...