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Bendigo & Adelaide Bank Ltd. (AU:BEN)
ASX:BEN
Earnings Data
Report Date
Aug 10, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.4Last Year’s EPS
0.44Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed but constructive picture: management delivered record income, modest earnings growth, improved deposit mix, clear digital milestones (including early profitability at Up), and stronger capital and liquidity metrics. At the same time, material risks remain — most notably the self-identified AML/CTF remediation program with a $70–90 million estimated cost and a $50 million regulatory capital overlay, residential lending runoff from exiting legacy third-party channels, some cost inflation, and potential margin pressure as lending growth resumes. Execution and productivity gains are encouraging and provide offset, but regulatory uncertainty and funding/margin risks temper the outlook.Company Guidance
Record Income and Positive Earnings Growth
Total income exceeded $1.01 billion for the half (first time in bank history), up 3.7% on the prior half; cash earnings were $256.4 million, up 2.8% versus the prior half.
Net Interest Margin Improvement
NIM rose 4 basis points to 192 basis points versus the prior half, supported by improved funding mix and deposit pricing.
Stronger Deposit Mix and Digital Deposit Momentum
Lower-cost deposits grew 3.6% to represent 53.8% of total customer deposits; digital deposit sales were 41.4% of total deposit sales (increase of 7.4% for the half); Up digital deposits rose 24% and Bendigo digital deposits grew 13% over the half.
Digital and Technology Milestones
Built and launched in-app digital onboarding in 3 months (400–500 new customers/week via this channel); migrated 180,000 Adelaide Bank accounts to one core system; full rollout of Bendigo lending platform across branches; 2,200+ staff using Google Gemini AI with early productivity gains.
Up Achieves Early Profitability
Digital bank Up achieved its first month of profitability in September, more than six months ahead of schedule, demonstrating digital product contribution to the group.
Second-Quarter Cost Improvement and Productivity Gains
Quarterly operating expenses in Q2 were 6.4% lower than Q1; contractor numbers fell 48% over the half and FTEs were 5% lower year-on-year; realised $9.6 million of operational benefits in the half from productivity initiatives.
Investment Spend Reduced
Cash investment spend declined 19% for the half as major projects (e.g., lending platform rollout) completed; first-half cash investment spend was just under $89 million (65% expensed).
Strong Capital, Funding and Liquidity Position
CET1 increased 37 basis points to 11.37% over the half (well above Board target of >10%); average liquidity coverage ratio of 135%; household deposit-to-loan ratio of 77% (9 percentage points above industry average).
AU:BEN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FAQ
When does Bendigo & Adelaide Bank Ltd. (AU:BEN) report earnings?
Bendigo & Adelaide Bank Ltd. (AU:BEN) is schdueled to report earning on Aug 10, 2026, TBA (Confirmed).
What is Bendigo & Adelaide Bank Ltd. (AU:BEN) earnings time?
Bendigo & Adelaide Bank Ltd. (AU:BEN) earnings time is at Aug 10, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Bendigo & Adelaide Bank Ltd. stock?
The P/E ratio of Bendigo & Adelaide Bank is N/A.
What is AU:BEN EPS forecast?
AU:BEN EPS forecast for the fiscal quarter 2026 (Q4) is 0.4.