Russia's VTB says 2026 dividend 'will definitely not amount' to 50% of net profit

The first deputy CEO of VTB RUS:VTBR, Russia's second-largest lender, said on Friday the bank's 2026 dividend would be higher than 25% of its 2025 net profit, but lower than the 50% long-term target.

VTB is maintaining its target of paying out 50% of net profit as dividends and will incorporate this into the bank's strategy, Pyanov said.