Top Page
Bendigo & Adelaide Bank
(OTC:BEN)
Bendigo & Adelaide Bank (BEN) vs. iShares MSCI Australia ETF (EWA)
Bendigo & Adelaide Bank Business Overview & Revenue Model
Bendigo & Adelaide Bank Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.26B | 5.26B | 1.86B | 3.64B | 1.99B | 2.11B |
| Gross Profit | 1.91B | 1.91B | 1.86B | 3.64B | 1.99B | 2.11B |
| EBITDA | 605.60M | 726.10M | 0.00 | 0.00 | 316.50M | 327.80M |
| Net Income | -97.10M | -97.10M | 545.00M | 497.00M | 488.10M | 524.00M |
Balance Sheet | ||||||
| Total Assets | 103.22B | 103.22B | 98.19B | 98.48B | 95.24B | 86.58B |
| Cash, Cash Equivalents and Short-Term Investments | 1.08B | 1.08B | 1.89B | 6.68B | 3.16B | 5.52B |
| Total Debt | 11.37B | 11.37B | 11.06B | 13.52B | 13.39B | 13.48B |
| Total Liabilities | 96.55B | 96.55B | 91.15B | 91.63B | 88.53B | 80.22B |
| Stockholders Equity | 6.67B | 6.67B | 7.03B | 6.85B | 6.71B | 6.35B |
Cash Flow | ||||||
| Free Cash Flow | -1.79B | 1.68B | -5.94B | 496.40M | 450.50M | -6.48B |
| Operating Cash Flow | -1.77B | 1.70B | -7.59B | 527.00M | 465.00M | -6.46B |
| Investing Cash Flow | -1.90B | 111.50M | -52.10M | 1.72B | -12.04B | 2.33B |
| Financing Cash Flow | 5.02B | -460.20M | -411.30M | 2.53B | 8.04B | 10.03B |
Bendigo & Adelaide Bank Technical Analysis
Bendigo & Adelaide Bank Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | AU$6.32B | 54.08 | 67.81% | 1.45% | 28.29% | 39.39% | |
56 Neutral | AU$1.98B | 22.87 | 5.31% | ― | 16.78% | 22.86% | |
53 Neutral | AU$773.77M | 17.27 | 5.92% | 4.63% | 26.01% | -17.55% | |
52 Neutral | AU$33.26M | 25.93 | 1.06% | ― | -7.19% | ― | |
48 Neutral | AU$6.20B | -63.72 | -1.23% | 5.99% | 5.39% | -117.83% | |
47 Neutral | AU$4.28B | 32.16 | 2.17% | 5.77% | 2.16% | -53.33% |
Bendigo & Adelaide Bank Corporate Events
Bendigo and Adelaide Bank has been subjected to a $50 million operational risk capital charge by APRA, effective from January 2026, which will slightly reduce its CET1 ratio but remains above regulatory requirements. Additionally, AUSTRAC has launched an enforcement investigation into the bank’s AML/CTF deficiencies, prompting the organization to intensify its focus on risk management and commit to improving non-financial risk maturity, a move endorsed by its leadership.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$9.60 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo & Adelaide Bank Limited has announced a new distribution for its security BENPH, with a distribution amount of AUD 1.311 per security. The payment is scheduled for March 16, 2026, with an ex-date of March 2, 2026, and a record date of March 3, 2026. This announcement reflects the bank’s ongoing commitment to providing returns to its security holders, potentially impacting its market positioning by reinforcing investor confidence.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$9.60 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo & Adelaide Bank Limited has announced a new dividend distribution for its security BENPI, with a distribution amount of AUD 1.1665. The dividend relates to a quarterly period ending on March 12, 2026, with an ex-date of February 27, 2026, and a payment date set for March 13, 2026. This announcement is significant for stakeholders as it reflects the bank’s ongoing commitment to providing returns to its investors, potentially enhancing its market positioning and investor confidence.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$9.60 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo & Adelaide Bank Limited announced a change in the director’s interest notice, indicating that Director Vicki Anne Carter has increased her indirect shareholding in the company. The acquisition involved purchasing 4,933 ordinary shares at $10.13 each, bringing her total holdings to 38,849 shares. This transaction reflects a strategic move by the director, potentially signaling confidence in the company’s future performance and stability, which could have positive implications for stakeholders and market perception.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$9.60 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo & Adelaide Bank Limited announced the quotation of 1,298 fully paid ordinary securities under the ASX code BEN. These securities are issued under an employee incentive scheme and are not subject to transfer restrictions, potentially impacting the company’s market presence and employee engagement strategies.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$9.60 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo & Adelaide Bank has released an investor update acknowledging the Traditional Custodians of the lands where their operations and stakeholders are located. This gesture underscores the bank’s commitment to respecting Indigenous communities and fostering inclusivity within its corporate culture.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$10.50 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo and Adelaide Bank announced its agreement to acquire RACQ Bank’s retail lending assets and deposits, subject to regulatory approvals. This acquisition, expected to complete in the first half of 2027, aligns with the bank’s strategy to enhance its deposit base and geographic diversity, particularly increasing its presence in Queensland. The transaction is anticipated to be financially beneficial, contributing to the bank’s return on equity and cash earnings per share. The integration will leverage Bendigo’s existing banking system, aiming for cost efficiency and improved shareholder returns.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$10.50 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo and Adelaide Bank has identified significant deficiencies in its handling of money laundering and terrorism financing risks, following an independent review by Deloitte. The investigation revealed systemic issues in the bank’s risk management practices, including inadequate transaction monitoring and customer risk assessment. In response, the bank’s board is committed to enhancing its compliance systems and processes to meet legal obligations, and will engage with regulatory bodies to address these issues.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$10.00 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Moody’s has upgraded Bendigo & Adelaide Bank’s long-term issuer credit rating from Baa1 to A3, reflecting the bank’s very strong asset quality, robust funding profile, and strong liquidity. This upgrade is expected to positively impact the bank’s market positioning and stakeholder confidence by enhancing its creditworthiness and stability.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$10.00 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo & Adelaide Bank Limited has announced a change in the interest of its director, Richard Allan Fennell, with the acquisition of 123,529 Performance Rights under the Long-term Incentive Plan. This change reflects the company’s ongoing commitment to aligning executive incentives with long-term performance goals, potentially impacting the bank’s strategic direction and shareholder value.
The most recent analyst rating on (AU:BEN) stock is a Hold with a A$10.60 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo & Adelaide Bank Limited has announced the issuance of 371,607 performance rights under its employee incentive scheme, which are currently unquoted and subject to transfer restrictions. This move is part of the bank’s strategy to align employee interests with company performance, potentially impacting employee motivation and retention, as well as the bank’s overall market positioning.
The most recent analyst rating on (AU:BEN) stock is a Hold with a A$10.60 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo & Adelaide Bank Limited has announced the quotation of 6,749 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of an employee incentive scheme. This move is expected to enhance the company’s market presence and provide additional liquidity, potentially benefiting stakeholders by aligning employee interests with shareholder value.
The most recent analyst rating on (AU:BEN) stock is a Hold with a A$10.60 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo & Adelaide Bank Limited announced the issuance of 27,975 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions until the restriction period ends, indicating a strategic move to incentivize and retain employees, potentially impacting the company’s operational performance and stakeholder interests.
The most recent analyst rating on (AU:BEN) stock is a Hold with a A$10.60 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo & Adelaide Bank Limited announced the results of its 2025 Annual General Meeting, where all resolutions were passed as ordinary resolutions by poll. The re-election of directors Victoria Weekes and Alistair Muir, the election of Travis Dillon as a director, the adoption of the remuneration report, and the approval of performance rights for the CEO were all carried. This outcome reflects strong shareholder support and is likely to reinforce the bank’s governance and strategic direction, potentially impacting its market positioning and stakeholder confidence positively.
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.
Bendigo & Adelaide Bank’s CEO, Richard Fennell, addressed the company’s strategic direction at the 2025 Annual General Meeting, highlighting a refreshed five-year strategy aimed at simplifying operations and enhancing customer relationships. The bank plans to achieve a return on equity target of over 10% by 2030, focusing on digital innovation, operational efficiency, and sustainable growth. A new Strategic Execution Office has been established to drive these initiatives, with a commitment to leveraging strategic partnerships and innovation for improved customer experiences and structural efficiencies.
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.
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.
Bendigo and Adelaide Bank Limited has announced its financial calendar for 2026, detailing key dates for financial disclosures, dividend announcements, and shareholder meetings. This schedule provides stakeholders with a clear timeline for the bank’s financial activities, which includes interim and final dividend announcements, quarterly trading updates, and the Annual General Meeting. The announcement underscores the bank’s commitment to transparency and regular communication with investors and stakeholders.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$11.00 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo & Adelaide Bank Limited has announced the quotation of 1,932 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code BEN. These securities are issued under an employee incentive scheme and are not subject to transfer restrictions, indicating a strategic move to enhance employee engagement and align their interests with the company’s performance.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$11.00 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo & Adelaide Bank Limited announced the cessation of 41,664 performance rights due to the conditions for these rights not being met or becoming incapable of being satisfied. This cessation may impact the company’s capital structure and could have implications for stakeholders, reflecting the bank’s ongoing adjustments in its financial strategies.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$11.00 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo & Adelaide Bank Limited has announced the issuance of 1,323,475 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions until the restriction period ends, reflecting the company’s ongoing efforts to incentivize and retain its workforce, which could impact its operational efficiency and market competitiveness.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$11.00 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
Bendigo & Adelaide Bank Limited announced a change in the director’s interest, specifically regarding Richard Allan Fennell’s securities. The change involves the acquisition of 9,168 Short-term Incentive (STI) Rights under the company’s Short-term Incentive Plan, reflecting an adjustment in Fennell’s compensation and incentive structure. This change signifies the bank’s ongoing efforts to align executive incentives with performance objectives, potentially impacting the company’s governance and stakeholder interests.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$11.00 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.