Ningbo Bank Addresses Dividend Strategy, Vows to Prioritize Investor Returns with Proactive Distribution Policy

Deep News05-15

During the online performance briefing for 2025 held on May 15, the financial head, Hu Haidong, addressed questions regarding dividends. He emphasized that consistent dividends are a crucial component of shareholder returns. The management of Bank Of Ningbo Co.,Ltd. consistently prioritizes delivering strong returns to shareholders as a key management objective.

For 2025, the company's profit distribution plan involves a cash dividend of 12 yuan per 10 ordinary shares (before tax), amounting to a total cash distribution of approximately 7.924 billion yuan. This represents 27.99% of the net profit attributable to ordinary shareholders of the parent company for the year, a ratio that compares favorably within the industry.

This marks the third consecutive year the company has increased its dividend payout. Notably, it is also the first time the bank has implemented an interim cash dividend. These actions demonstrate the company's commitment to enhancing shareholder returns while maintaining steady business growth.

The dividend has shown consistent annual growth, rising from 6 yuan per 10 shares in 2023 to 9 yuan in 2024, and now to 12 yuan in 2025, representing a cumulative increase of 100%.

Looking ahead, the company stated that it will continue to implement an active profit distribution policy, fully considering investor needs. This commitment is contingent upon maintaining capital adequacy ratios that meet regulatory requirements and supporting the bank's long-term business development. The goal is to ensure that investors can share in the company's growth and continuously enhance their sense of gain.

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