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Bendigo and Adelaide Bank Limited (ASX:BEN) has boosted its net profit and cash earnings in the 2014 financial year.
The Brisbane-based regional lender improved its net profit by 5.7 per cent to $372 million while its cash earnings gained almost 10 per cent to $382 million.
Managing Director Mike Hirst says a five basis point increase in net interest margin is testament to the bank's value proposition in a highly competitive environment.
Over the second half Bendigo and Adelaide Bank Limited inked a $1.78 billion deal to buy the Victorian government’s Rural Finance Corporation.A fully-franked final dividend of 33 cents per share has been declared, taking the full year payout to 64 cents.
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Last
$12.60 |
Change
0.050(0.40%) |
Mkt cap ! $7.156B | |||
| Open | High | Low | Value | Volume |
| $12.56 | $12.65 | $12.50 | $14.17M | 1.126M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1801 | $12.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.62 | 1715 | 2 |
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| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| BEN (ASX) Chart |