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Bendigo & Adelaide Bank ( (AU:BEN) ) has shared an announcement.
Bendigo & Adelaide Bank’s Chair, Vicki Carter, addressed the company’s Annual General Meeting, highlighting the bank’s strategic growth and commitment to innovation. The bank has completed its transformation program, leading to a new strategy aimed at improving shareholder returns. Despite challenges such as branch consolidations, the bank remains focused on maintaining a strong physical presence and supporting community initiatives. The Community Bank model continues to be a cornerstone of the bank’s operations, returning significant funds to local communities and supporting educational opportunities through scholarships.
The most recent analyst rating on (AU:BEN) stock is a Hold with a A$13.00 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 is a prominent player in the Australian banking industry, offering a range of financial services and products. The bank is known for its strong community focus, particularly through its unique Community Bank model, which supports local communities through sponsorships, grants, and scholarships.
Average Trading Volume: 1,071,783
Technical Sentiment Signal: Buy
Current Market Cap: A$7.07B
See more data about BEN stock on TipRanks’ Stock Analysis page.