BEN bendigo and adelaide bank limited

News: BEN Australia's Bendigo and Adelaide Bank posts 6.6% drop in FY cash earnings

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    Aug 12 (Reuters) - Australian mid-sized lender Bendigo and Adelaide Bank (BEN) said on Monday its annual cash earnings fell 6.6%, hurt by higher remediation and redundancy costs.

    For the 12 months ended June 30, cash earnings - which exclude one-off gains or losses - fell to A$415.7 million ($282.1 million) from A$445.1 million a year ago.

    The bank maintained its final dividend at 35 Australian cents per share.

    ($1 = 1.4738 Australian dollars)

 
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