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Bendigo & Adelaide Bank Reports Year-End Financial Results and Strategic Initiatives

Story Highlights
  • Bendigo & Adelaide Bank reported a statutory net loss of $97.1 million due to goodwill impairment.
  • The bank aims for sustainable growth with a focus on digital capabilities and a 2030 strategy targeting over 10% ROE.
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Bendigo & Adelaide Bank Reports Year-End Financial Results and Strategic Initiatives

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An announcement from Bendigo & Adelaide Bank ( (AU:BEN) ) is now available.

Bendigo & Adelaide Bank reported a statutory net loss after tax of $97.1 million for the year ended 30 June 2025, primarily due to an impairment of goodwill. Despite this, the bank achieved cash earnings of $514.6 million and continued to grow its customer base, with digital bank Up seeing a 29% increase in customers. The bank’s strategic initiatives include simplifying operations, enhancing digital capabilities, and focusing on sustainable growth, with a target to achieve a Return on Equity above 10% by 2030.

The most recent analyst rating on (AU:BEN) stock is a Sell with a A$9.17 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.

More about Bendigo & Adelaide Bank

Bendigo & Adelaide Bank Limited operates in the financial services industry, offering a range of banking products and services. The company is focused on expanding its customer base and enhancing its digital capabilities, with a strong emphasis on customer satisfaction and sustainable growth.

YTD Price Performance: 1.95%

Average Trading Volume: 1,061,490

Technical Sentiment Signal: Buy

Current Market Cap: A$7.36B

For an in-depth examination of BEN stock, go to TipRanks’ Overview page.

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