【Domestic Bank Results】CITIC Bank Earned 3% More Last Year, Final Dividend Increased 12% to RMB 0.193, Current Stock Dividend Yield 5.8%

China CITIC Bank (00998) announced its earnings, with a net profit of 70.618 billion yuan (RMB), up 2.98% year-on-year. Earnings per share are 1.2 yuan, with a final dividend of 0.193 yuan (tax included), up 12.1% year-on-year. Including the interim dividend, the total payout for the year is 0.381 yuan (tax included), equivalent to HKD 0.43.

China CITIC Bank closed down 0.4% on Friday, at HKD 7.37. At the current price, the pre-tax dividend yield is 5.8%.

During the period, China CITIC Bank’s net interest income was 144.469 billion yuan, a decrease of 1.51%. The net interest margin is 1.63%, narrowing by 0.14 percentage points; non-interest income reached 68.167 billion yuan, an increase of 2.44%. Operating income was 212.636 billion yuan, a slight decrease of 0.28% year-on-year.

China CITIC Bank’s Q4 net profit increased by 2.8%

In Q4 alone, China CITIC Bank recorded a net profit of 17.23 billion yuan, up 2.8% year-on-year; operating income was 56.37 billion yuan, up 9.7% year-on-year; net cash flow from operating activities was 2326.45 billion yuan, a 4.6-fold increase.

Liquidity Coverage Ratio plummeted by 73.91 percentage points

As of the end of 2025, China CITIC Bank’s non-performing loan balance was 67.216 billion yuan, up 1.1% year-on-year. The non-performing loan ratio is 1.15%, down 0.01 percentage points. The core Tier 1 capital adequacy ratio is 9.48%, down 0.24 percentage points; the Tier 1 capital adequacy ratio is 10.9%, down 0.36 percentage points; the total capital adequacy ratio is 12.8%, down 0.56 percentage points.

The Liquidity Coverage Ratio is 144.22%, a decrease of 73.91 percentage points year-on-year.

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