Signaling hypothesis predicts that information asymmetry exists between managers and outside investor. Banks’ managers intend to signal favorable future earnings prospects through the dividend announces and loan loss provisioning. Prior study has focused either on the signaling effect of dividend or loan loss provisioning. Nevertheless, to the author’s best knowledge, this is the first study tries to discuss dividend signaling, as well as loan loss provisioning. Empirical results confirm the dividends and loan loss provision do have their impact on banks’ earning, which are demonstrated as follows. Firstly, dividends are positively associated with an increase of profitability, implying that the hypothesis of dividend signaling holds. Secondly, the relationship of loan loss provision and earning is negatively related with significance, indicating that the reverse signaling effect of loan loss provision stands. Third, this study further considers the interaction effect between dividend and LLP. The coefficients of the interaction terms are mostly significantly positive. Hence, the increase of dividend will weaken the negative relationship of loan loss provision signaling effect.