Bendigo and Adelaide Bank Limited

ASX:BEN Stock Report

Market Cap: AU$6.1b

Bendigo and Adelaide Bank Dividends and Buybacks

Dividend criteria checks 2/6

Bendigo and Adelaide Bank is a dividend paying company with a current yield of 5.91%.

Key information

5.9%

Dividend yield

0.6%

Buyback Yield

Total Shareholder Yield6.5%
Future Dividend Yield6.3%
Dividend Growth-1.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio-428%

Recent dividend and buyback updates

Analysis Article Aug 27

Bendigo and Adelaide Bank (ASX:BEN) Has Announced A Dividend Of A$0.33

Bendigo and Adelaide Bank Limited's ( ASX:BEN ) investors are due to receive a payment of A$0.33 per share on 30th of...
Analysis Article Feb 19

Bendigo and Adelaide Bank (ASX:BEN) Is Paying Out A Dividend Of A$0.30

Bendigo and Adelaide Bank Limited ( ASX:BEN ) will pay a dividend of A$0.30 on the 31st of March. Based on this...

Recent updates

Narrative Update Jun 22

BEN: Future Returns Will Reflect Fair Pricing And Slightly Softer Profitability Assumptions

Analysts have made a small adjustment to their Bendigo and Adelaide Bank price target to A$10.65 from A$10.68, reflecting updated views on discount rates, revenue growth, profit margins, and the future P/E assumption. What’s in the News for Bendigo and Adelaide Bank No recent public news items are available for Bendigo and Adelaide Bank based on the sources provided.
Narrative Update Jun 05

BEN: Future Returns Will Reflect Fair Pricing And Slightly Softer Profitability Assumptions

Analysts have trimmed their price target for Bendigo and Adelaide Bank slightly to A$10.68 from A$10.82, reflecting updated assumptions for revenue growth, profit margins, the discount rate and future P/E levels. What's in the News No recent news items, periodical coverage or key developments were provided for Bendigo and Adelaide Bank in the supplied sources.
Narrative Update Apr 28

BEN: Future Returns Will Balance Fair Pricing And Modest Profitability Adjustments

Analysts have slightly adjusted their price target for Bendigo and Adelaide Bank to A$10.82 from A$10.84, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. Valuation Changes Fair Value: A$10.84 to A$10.82, a very small downward adjustment of around 0.2%.
Narrative Update Apr 11

BEN: Future Returns Will Reflect Fair Pricing And Execution On Profitability

Analysts have modestly raised their price target for Bendigo and Adelaide Bank to A$10.84 from A$10.65, citing updated assumptions around the discount rate, revenue growth, profit margin and future P/E multiples. Valuation Changes Fair Value: A$10.65 to A$10.84, indicating a small uplift in the assessed valuation per share.
Narrative Update Mar 27

BEN: Future Returns Will Balance Fair Entry Point And Execution Risks

The analyst price target for Bendigo and Adelaide Bank has been adjusted slightly lower to reflect a fair value of about A$10.65. Analysts point to the recent share price selloff and updated assumptions on discount rate, revenue growth, profit margin and future P/E as key drivers of the change.
Narrative Update Mar 11

BEN: Future Returns Will Reflect Fair Entry Opportunity And Execution Delivery Risks

The analyst price target for Bendigo and Adelaide Bank edges up to around A$10.72, a move analysts link to a modestly higher assessed fair value and slightly lower discount rate, along with recent Street research that views the share price pullback as creating a more attractive entry level. Analyst Commentary Bullish Takeaways Bullish analysts see the recent share price selloff as creating a more attractive entry level relative to their assessed fair value around A$11.32.
Narrative Update Feb 25

BEN: Future Returns Will Reflect Share Pullback Entry And Execution Delivery Risks

The analyst price target for Bendigo and Adelaide Bank has edged higher to A$10.71 from A$10.52, with analysts citing the recent share price selloff as creating a more attractive entry point and updating their assumptions for revenue growth, profit margins and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts point to the recent share price selloff as creating what they see as a more appealing entry level compared with their updated A$11.32 price target.
Narrative Update Feb 11

BEN: Future Returns Will Balance Share Pullback Entry And Execution Risks

Analysts have nudged their fair value estimate for Bendigo and Adelaide Bank slightly higher from A$10.49 to A$10.52, citing updated assumptions around the discount rate, revenue growth, profit margins and future P/E following recent research that highlighted the recent share selloff as an attractive entry point. Analyst Commentary Recent research has focused on the gap between Bendigo and Adelaide Bank's current share price and analysts' updated valuation work, including the revised fair value estimate of A$10.52 and a separate A$11.32 price target.
Narrative Update Jan 27

BEN: Future Returns Will Balance Share Pullback Opportunity And Execution Risks

Analysts have lifted their price target on Bendigo and Adelaide Bank to about A$10.49 from A$10.43, citing updated assumptions on revenue growth, the discount rate and future P/E, as well as recent Street research that views the latest share pullback as creating an attractive entry point. Analyst Commentary Recent Street commentary on Bendigo and Adelaide Bank has shifted more constructive, with a higher price target of A$11.32 and the recent share pullback framed as a potentially appealing entry point for long term investors who are comfortable with the risks.
Narrative Update Jan 12

BEN: Future Returns Will Balance Execution Risks And Recent Rating Upgrade

Analysts have trimmed their price target on Bendigo and Adelaide Bank from about A$10.57 to around A$10.43. This reflects slightly lower assumptions for discount rate, revenue growth, fair value and future P/E, partly offset by a small uplift in profit margin expectations and recent positive rating changes on the stock.
Narrative Update Dec 26

BEN: Return Ambitions And Execution Risks Will Shape Neutral Future Outlook

Analysts have made a modest upward revision to their price target for Bendigo and Adelaide Bank, reflecting a slightly higher A$13.06 fair value assessment as they balance ambitious return on equity goals with a neutral outlook on execution risk. Analyst Commentary Analyst views on Bendigo and Adelaide Bank remain balanced, with the modestly higher fair value assessment reflecting both confidence in the strategy and recognition of execution challenges.
Narrative Update Dec 12

BEN: Return Ambitions And Technology Investment Will Shape Future Performance Outlook

Analysts have trimmed their price target on Bendigo and Adelaide Bank to A$10.58 from A$11.14, reflecting slightly lower fair value and future P/E assumptions, even as they acknowledge modestly stronger revenue growth prospects and an ambitious return on equity target. Analyst Commentary Analyst reactions to the updated target price and strategic objectives reflect a balanced mix of optimism around Bendigo and Adelaide Bank's growth potential and caution on execution risk.
Narrative Update Nov 27

BEN: Return Efforts And Neutral Outlook Will Influence Medium Term Performance

Analysts have reduced their price target for Bendigo and Adelaide Bank from $11.54 to $11.14. This revision reflects tempered expectations for revenue growth and profit margins, along with a cautious outlook on the company's ambitious return targets.
Narrative Update Nov 12

BEN: Return Focus And Balanced Outlook Will Shape Medium Term Performance

Analysts have lowered their price target for Bendigo and Adelaide Bank from $11.78 to $11.54. They cite slightly softer forecasts for revenue growth and margin, which is in line with tempered expectations reflected in recent research coverage.
Narrative Update Sep 24

Rising Funding Costs Will Compress Net Interest Margins In Future

Bendigo and Adelaide Bank’s consensus price target was marginally raised to A$11.78, reflecting a slight increase in forecast future P/E while revenue growth outlook remained steady. What's in the News Held Analyst/Investor Day event.
Analysis Article Aug 27

Bendigo and Adelaide Bank (ASX:BEN) Has Announced A Dividend Of A$0.33

Bendigo and Adelaide Bank Limited's ( ASX:BEN ) investors are due to receive a payment of A$0.33 per share on 30th of...
Narrative Update Aug 26

Rising Funding Costs Will Compress Net Interest Margins In Future

The upward revision in Bendigo and Adelaide Bank's consensus price target reflects improved analyst expectations, driven by higher forecast revenue growth and a stronger net profit margin, with fair value rising from A$10.94 to A$11.58. Valuation Changes Summary of Valuation Changes for Bendigo and Adelaide Bank The Consensus Analyst Price Target has risen from A$10.94 to A$11.58.
Analysis Article Feb 19

Bendigo and Adelaide Bank (ASX:BEN) Is Paying Out A Dividend Of A$0.30

Bendigo and Adelaide Bank Limited ( ASX:BEN ) will pay a dividend of A$0.30 on the 31st of March. Based on this...
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New Narrative Feb 09

Closure Of The Homesafe Portfolio Will Reduce Long-Term Revenue Streams

Rising costs and economic headwinds may hinder lending growth, reduce loan demand, and compress net margins due to increased operational expenses.
Analysis Article Aug 28

Bendigo and Adelaide Bank (ASX:BEN) Has Announced That It Will Be Increasing Its Dividend To A$0.33

Bendigo and Adelaide Bank Limited ( ASX:BEN ) will increase its dividend from last year's comparable payment on the...
Analysis Article May 08

Here's Why We Think Bendigo and Adelaide Bank (ASX:BEN) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Sep 02

Bendigo and Adelaide Bank (ASX:BEN) Will Pay A Larger Dividend Than Last Year At A$0.32

The board of Bendigo and Adelaide Bank Limited ( ASX:BEN ) has announced that it will be paying its dividend of A$0.32...
Analysis Article Aug 19

Bendigo and Adelaide Bank (ASX:BEN) Has Announced That It Will Be Increasing Its Dividend To A$0.32

Bendigo and Adelaide Bank Limited's ( ASX:BEN ) dividend will be increasing from last year's payment of the same period...
Analysis Article Nov 01

Bendigo and Adelaide Bank Limited's (ASX:BEN) CEO Compensation Looks Acceptable To Us And Here's Why

Shareholders may be wondering what CEO Marnie Baker plans to do to improve the less than great performance at Bendigo...
Analysis Article Aug 17

Bendigo and Adelaide Bank (ASX:BEN) Is Due To Pay A Dividend Of A$0.265

Bendigo and Adelaide Bank Limited ( ASX:BEN ) has announced that it will pay a dividend of A$0.265 per share on the...
Analysis Article Nov 02

This Is Why Shareholders Will Hold Back On A Pay Rise For Bendigo and Adelaide Bank Limited's (ASX:BEN) CEO This Year

Performance at Bendigo and Adelaide Bank Limited ( ASX:BEN ) has been reasonably good and CEO Marnie Baker has done a...
Analysis Article Mar 02

Does It Make Sense To Buy Bendigo and Adelaide Bank Limited (ASX:BEN) For Its Yield?

Dividend paying stocks like Bendigo and Adelaide Bank Limited ( ASX:BEN ) tend to be popular with investors, and for...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: BEN's dividend payments have been volatile in the past 10 years.

Growing Dividend: BEN's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Bendigo and Adelaide Bank Dividend Yield vs Market
How does BEN dividend yield compare to the market?
SegmentDividend Yield
Company (BEN)5.9%
Market Bottom 25% (AU)2.7%
Market Top 25% (AU)6.6%
Industry Average (Banks)3.8%
Analyst forecast (BEN) (up to 3 years)6.3%

Notable Dividend: BEN's dividend (5.91%) is higher than the bottom 25% of dividend payers in the Australian market (2.71%).

High Dividend: BEN's dividend (5.91%) is low compared to the top 25% of dividend payers in the Australian market (6.57%).


Current Payout to Shareholders

Earnings Coverage: BEN is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: BEN's dividends in 3 years are forecast to be covered by earnings (71.3% payout ratio).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/20 15:21
End of Day Share Price 2026/07/20 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bendigo and Adelaide Bank Limited is covered by 21 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Craig StaffordBarrenjoey Markets Pty Limited
Jonathan MottBarrenjoey Markets Pty Limited
Benjamin BrayshawBarrenjoey Markets Pty Limited