BEN bendigo and adelaide bank limited

News: BEN Bendigo And Adelaide Bank Posts FY Cash Earnings $301.7M

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    Aug 17 (Reuters) - Bendigo and Adelaide Bank Ltd (BEN) :

    • FY CASH EARNINGS $301.7M COMPARED TO $415.7M IN JUNE 2019
    • ON CASH EARNINGS BASIS, FY NET INTEREST INCOME INCREASED $38.4M TO $1,346.4M
    • ON A STATUTORY BASIS, FY NET PROFIT WAS $192.8M COMPARED TO $376.8M IN JUNE 2019
    • AS AT 30 JUNE 2020, COMMON EQUITY TIER 1 RATIO UP 33 BASIS POINTS TO 9.25%
    • DECISION ON PAYMENT OF A FINAL DIVIDEND IN RELATION TO FINANCIAL YEAR ENDED 30 JUNE 2020 HAS BEEN DEFERRED
    • ON CASH EARNINGS BASIS, FY NET INTEREST MARGIN (BEFORE REVENUE SHARE ARRANGEMENTS) DECREASED TO 2.33%
    • FY INCOME FROM OPERATIONS UP 4.3% TO $1,634.4 MILLION
    • EXPECT MARKET CONDITIONS TO REMAIN CHALLENGING AND BECAUSE OF THIS WE ARE UNABLE TO PROVIDE MEANINGFUL GUIDANCE FOR FY21
 
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Last
$12.56
Change
-0.095(0.75%)
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