Edition:
United States

Bendigo and Adelaide Bank Ltd (BEN.AX)

BEN.AX on Australia Stock Exchange

11.35AUD
24 Mar 2017
Change (% chg)

$0.01 (+0.09%)
Prev Close
$11.34
Open
$11.27
Day's High
$11.50
Day's Low
$11.23
Volume
1,815,590
Avg. Vol
1,850,553
52-wk High
$13.39
52-wk Low
$8.24

Latest Key Developments (Source: Significant Developments)

Equity Trustees confirms in discussions with Bendigo and Adelaide Bank
Sunday, 11 Dec 2016 06:15pm EST 

Equity Trustees Ltd : Notes press speculation and confirms in discussions with Bendigo and Adelaide Bank to acquire estates business of Sandhurst Trustees .No agreement has been reached.  Full Article

Bendigo and Adelaide Bank issues subordinated notes due Dec 9, 2026
Thursday, 8 Dec 2016 09:14pm EST 

Bendigo And Adelaide Bank Ltd : Subordinated notes will be treated as Tier 2 capital under Australian Prudential Regulation Authority Basel III capital adequacy framework . Will issue subordinated notes due 9 December 2026 today, under BEN's AUD7.50 billion debt instrument programme .announces issue of a$125mln subordinated floating rate notes.  Full Article

Bendigo and Adelaide Bank to purchase $1.35 bln of standard residential home loans
Wednesday, 28 Sep 2016 09:41pm EDT 

Bendigo And Adelaide Bank Ltd : Purchase was formalised with western australian state government and will be completed by early december 2016 . Bendigo and Adelaide Bank will undertake a non-underwritten share purchase plan (spp) in october 2016 . Co and Adelaide Bank agreed to purchase $1.35 billion of standard residential home loans from keystart housing scheme trust .Transaction will be roe and eps accretive for bank.  Full Article

Bendigo and Adelaide Bank to purchase $1.35 bln of standard residential home loans
Wednesday, 28 Sep 2016 07:36pm EDT 

Bendigo And Adelaide Bank Ltd : Purchase was formalised with western australian state government and will be completed by early december 2016 . Bendigo and Adelaide Bank will undertake a non-underwritten share purchase plan (spp) in october 2016 . Co and Adelaide Bank agreed to purchase $1.35 billion of standard residential home loans from keystart housing scheme trust .Transaction will be roe and eps accretive for bank.  Full Article

Bendigo and Adelaide Bank says FY net profit down 2 pct to $415.6 mln
Sunday, 7 Aug 2016 06:58pm EDT 

Bendigo and Adelaide Bank Ltd : Appendix 4e full year results . Says FY net profit after tax from ordinary activities down 2.0% to $415.6 million . Says proposed final dividend of 33 cents per share . FY net interest income $ 1.17 billion versus $1.18 billion a year ago . Says FY net interest margin up 1bps to 2.17% . Outlook remains extremely positive" . Targeting flat cost growth for the 2017 financial year " .  Full Article

Bendigo And Adelaide Bank Limited announces issue of shares
Wednesday, 1 Jul 2015 05:00am EDT 

Bendigo And Adelaide Bank Limited:Issues 417,958 fully paid ordinary shares.  Full Article

Bendigo and Adelaide Bank Ltd completes CPS3 offer and redemption of BPS
Sunday, 14 Jun 2015 09:23pm EDT 

Bendigo and Adelaide Bank Ltd:Says that its convertible preference shares 3 offer has now been completed, successfully raising about $282 million, with about 2.82 million CPS3 issued at an issue price of $100 per CPS3 (offer).  Full Article

Bendigo and Adelaide Bank Ltd announces dividend
Thursday, 4 Jun 2015 10:57pm EDT 

Bendigo and Adelaide Bank Ltd:Announces dividend of A$1.8953 per share.Dividend payment date is Nov. 30.Record date is Nov. 18.Ex-dividend date is Nov. 16.  Full Article

Bendigo and Adelaide Bank Ltd announces issue of shares
Friday, 1 May 2015 12:04am EDT 

Bendigo and Adelaide Bank Ltd:Issues 620,761 fully paid ordinary shares.  Full Article

Bendigo and Adelaide Bank Ltd announces issue of new convertible preference shares 3
Sunday, 26 Apr 2015 07:27pm EDT 

Bendigo and Adelaide Bank Ltd:Announced offer of new convertible preference shares 3 (CPS3), which are expected to be quoted on Australian Securities Exchange (ASX) and trade under ASX code BENPF.BEN intends to raise about $200 million through offer of CPS3, with the ability to raise more or less (the offer).CPS3 are being issued to support BEN's balance sheet growth and to ensure BEN continues to have strong regulatory capital levels, with proceeds available to be used to fund redemption of BEN's Bendigo preference shares and for general corporate purpose.  Full Article

More From Around the Web

BRIEF-Bendigo and Adelaide Bank updates on business strategies and cost management

* Expect that in due course competitive disadvantage suffered due to having to apply more capital than major bank competitors to similar loans will be removed Source text for Eikon: Further company coverage: (Bengaluru Newsroom; +1 646 223 8780; )