BEN bendigo and adelaide bank limited

Ann: FY23 Results Presentation, page-2

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    Qquick snapshot of the result:

    • Statutory net profit: $497.0M, up 1.8%.
    • Cash earnings: $576.9M, up 15.3%.
    • Net interest margin: 1.94%, up 20bps.
    • Total income (cash basis): $1,932.8M, up 14%.
    • Customer growth: 2.4M, up 9.9%.
    • Net promoter score: 28.4, above industry avg.
    • Total income driven by deposit pricing, lending margins & volumes.
    • Digital mortgages now 12% of total settlements.
    • Customer numbers increased due to quality products & service.
    • Cost to Income ratio improved to 54.9%.
    • Final dividend: 32c/share, full year dividend: 61c/share.

    CEO Marnie Baker: Strong results, focus on sustainable growth & customer-centric approach.

 
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