Gref revealed the parameters of the dividend policy of “Sber” for the next three years

The dividend policy of Sberbank will remain unchanged for the next three years, the bank plans to allocate 50% of profits to shareholders. This was told by the head of “Sber” German Gref at the Day of the investor, “RBC Investments” followed the broadcast.

Under the current dividend policy, the bank pays shareholders 50% of IFRS profits. Capital adequacy for this should be at least 13.3%.

By the end of 2026, Sber expects to pay record dividends, the head of the bank German Gref said during the Eastern Economic Forum (WEF). The estimated amount of payment per share is in the range of га42-44, but a payment at the lower limit of the range is more likely, Nikita Guller, head of the personal brokerage service department of Alfa Bank, suggested on RBC Radio.

The last time Sberbank paid dividends for 2025. This was the largest dividend in the history of the bank – the total amount was е850.17 billion, or е37.64 per share. The dividend yield was 13.5% on ordinary shares and 13.4% on preferred shares.

For 2024, the bank also paid a record dividend at that time, then the total amount was е786.9 billion, that is е34.84 per share.

On October 28, the bank published an IFRS report for the third quarter of 2026:

Net profit increased by 13.9% year-on-year to ист510.8 billion. In the second quarter of 2026, the figure was .511.2 billion, and a year earlier - .448.3 billion. Net interest income rose 24% to исты893.6 billion. Net commission income decreased by 1.9% to исты212.3 billion. Return on capital was 23.5%. Net interest margin was 6.7%, adding 0.5p. The number of active retail customers increased by 0.1 million to 110.7 million people, the number of corporate customers increased by 34 thousand and reached 3.5 million companies. The total loan portfolio grew by 4% to ный55.0 trillion. Total funds of clients increased by 4.7%, to .51.7 trillion.

Analysts interviewed by RBC Investments mainly positively assessed Sber’s financial results for the third quarter of 2026, noting an increase in net interest income, a decrease in the cost of creating reserves and high operational efficiency.

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