Weihai Bank (019283746565748392) plans to achieve a net profit of 2.504 billion yuan in 2020, an increase of 13.90%, and proposes a dividend of 1 yuan for every 10 shares.

Gelonghui March 27丨Weihai Bank (09677.HK) announced its annual performance. For the fiscal year 2025, the bank achieved total operating income of 9.918 billion yuan, an increase of 602 million yuan year-on-year, growing by 6.46%. The net profit for the year was 2.504 billion yuan, an increase of 306 million yuan year-on-year, growing by 13.90%. This was primarily due to intensified business expansion efforts, with corresponding increases in net interest income, net fee, and commission income.

Total assets reached 504.521 billion yuan, an increase of 63.057 billion yuan compared to the end of 2024, growing by 14.28%; total deposits increased by 48.843 billion yuan compared to the end of 2024, growing by 16.64%; total loans increased by 16.667 billion yuan compared to the end of 2024, growing by 7.92%.

The non-performing loan ratio was 1.41%, the capital adequacy ratio was 13.49%, and the provision coverage ratio was 160.14%, with all regulatory indicators consistently meeting standards.

The board of directors recommends that the bank pay a cash dividend for the fiscal year 2025 in 2026, with a distribution amount not exceeding 687 million yuan (including tax), distributing a cash dividend of 10 yuan (including tax) for every 100 shares to shareholders registered in the equity distribution record date.