Bendigo and Adelaide Bank (BEN)

All research reports and stock updates for Bendigo and Adelaide Bank.

Stock Updates

Financials
Bendigo and Adelaide Bank (BEN)

Near Enough

Financials
Bendigo and Adelaide Bank (BEN)

Strong margin performance

Financials
Bendigo and Adelaide Bank (BEN)

Handbrake on margins

Research Reports

Margin breakout
Financials
Bendigo and Adelaide Bank (BEN)

Margin breakout

We have upgraded BEN to Buy from Sell.  The strong December trading update implies material upgrades to consensus earnings estimates over FY23-25E.

Darkening outlook
Financials
Bendigo and Adelaide Bank (BEN)

Darkening outlook

Slower household credit growth to weigh on the share price. We see the risk of a more aggressive slowing of home lending growth over 2022-24E, relative to the market’s current assumption of +4% pa.