Bendigo and Adelaide Bank

Bendigo and Adelaide Bank (BEN)

Stock Code

BEN

Stock Exchange

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Bendigo and Adelaide Bank Limited (BEN), formerly called the Bendigo Bank Limited is an Australia-based company engaged in providing its clients with a range of finance and banking services such as retail and business banking, commercial finance, foreign exchange and treasury services, funds management, financial advisory, trustee services as well as superannuation. BEN was listed on the Australian Stock Exchange on the 19th of December 1985. Its average annual revenue reaches approximately AUD$1.2 million.

Bendigo and Adelaide Bank Net Profit $189.4m up 227% 1H2013


Bendigo and Adelaide Bank (BEN) have released its first half profit results to the market shareholders, investors and traders.

  • Bendigo and Adelaide Bank Net Profit of $189.4 million, a 227 per cent increase year-on-year.
  • Underlying cash earnings of $169.7 million, an increase of 4.4 percent.
  • In the previous corresponding period, there was a $95 million asset write-down relating to its margin lending equities business.

Bendigo & Adelaide Bank Increases Capital Raising to $150m


Bendigo and Adelaide Bank (BEN) has increased its equity sale to $150 million from the $120 million it announced to raise last Friday after receiving a strong demand from institutional investors. The regional lender planned to raise its capital to fund its acquisition of the Australian arm of Bank of Cyprus and to strengthen its balance sheet.

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Bendigo and Adelaide Bank Rebrands New Wealth Management Division


Australian banking companies, Bendigo and Adelaide Bank (ASX:BEN), created a new wealth management division: Bendigo Wealth Management. The new unit will be headed by John Billington, who joined Bendigo last September. Bendigo Wealth brings together the group's cash, margin lending, fund management, and superannuation businesses like the Adelaide Bank, Leveraged Equities, Sandhurst Trustees and its new low-cost investment platform Trinity3.

Bendigo and Adelaide Bank Dividends

25 August, 2010 - 00:10

Study the historical dividends for BENDIGO AND ADELAIDE BANK LIMITED. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive BEN dividends if you own the company's stock on the ex-dividend date. Investor's must have purchased the stock before the ex dividend date to be entitled to the dividend. The previous owner of the shares will receive the BEN dividend if you buy the stocks on or after the ex dividend date. The Pay Date or the Date Payable is the day when the dividend is paid to shareholders.

Bendigo and Adelaide Bank Reports Profit


Australian regional bank, Bendigo and Adelaide Bank (ASX:BEN) have reported a profit to their shareholders of 189.5 percent increase in full year net profit. For the 12 months to June 2010 the company's net profit was $242.6 million, up from the corresponding period the previous year of $83.8 million. Company revenue rose to $1.135 billion or 29.9 percent. Cash earnings per share was 83.3 cents, up 32.4 per cent from 62.9 cents.

Bendigo & Adelaide Slashes Profit Forecast


A downgrading of cash profit forecast was reported by Bendigo and Adelaide Bank (BEN) for the annual result of Monday following an increased provision for problem loans. Bendigo has blamed particular provisions for four problem commercial loans, which is worth $21.5 million, and also $20.2 million for loans related to the collapsed Great Southern Group, for the devaluation.

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