Bendigo and Adelaide Bank Limited provides banking and financial services to retail customers and small to medium sized businesses in Australia. More Details
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Bendigo and Adelaide Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BEN is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BEN's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BEN exceeded the Australian Banks industry which returned 63.9% over the past year.
Return vs Market: BEN exceeded the Australian Market which returned 37.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Bendigo and Adelaide Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StInvestors Who Bought Bendigo and Adelaide Bank (ASX:BEN) Shares A Year Ago Are Now Up 73%
2 months ago | Simply Wall StDoes It Make Sense To Buy Bendigo and Adelaide Bank Limited (ASX:BEN) For Its Yield?
3 months ago | Simply Wall StWhat We Learned About Bendigo and Adelaide Bank's (ASX:BEN) CEO Pay
Is Bendigo and Adelaide Bank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BEN (A$10.33) is trading above our estimate of fair value (A$9.99)
Significantly Below Fair Value: BEN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BEN is poor value based on its PE Ratio (18.6x) compared to the AU Banks industry average (15.2x).
PE vs Market: BEN is good value based on its PE Ratio (18.6x) compared to the Australian market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: BEN is poor value based on its PEG Ratio (4x)
Price to Book Ratio
PB vs Industry: BEN's PB Ratio (0.9x) is in line with the AU Banks industry average.
How is Bendigo and Adelaide Bank forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BEN's forecast earnings growth (4.6% per year) is above the savings rate (1.9%).
Earnings vs Market: BEN's earnings (4.6% per year) are forecast to grow slower than the Australian market (14% per year).
High Growth Earnings: BEN's earnings are forecast to grow, but not significantly.
Revenue vs Market: BEN's revenue (2.5% per year) is forecast to grow slower than the Australian market (5.3% per year).
High Growth Revenue: BEN's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BEN's Return on Equity is forecast to be low in 3 years time (7%).
How has Bendigo and Adelaide Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BEN has a high level of non-cash earnings.
Growing Profit Margin: BEN's current net profit margins (19.8%) are lower than last year (20.7%).
Past Earnings Growth Analysis
Earnings Trend: BEN's earnings have declined by 9.6% per year over the past 5 years.
Accelerating Growth: BEN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BEN had negative earnings growth (-8.7%) over the past year, making it difficult to compare to the Banks industry average (-7%).
Return on Equity
High ROE: BEN's Return on Equity (4.8%) is considered low.
How is Bendigo and Adelaide Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: BEN's Assets to Equity ratio (13.4x) is moderate.
Allowance for Bad Loans: BEN has a sufficient allowance for bad loans (213%).
Low Risk Liabilities: 93% of BEN's liabilities are made up of primarily low risk sources of funding.
Loan Level: BEN has an appropriate level of Loans to Assets ratio (84%).
Low Risk Deposits: BEN's Loans to Deposits ratio (98%) is appropriate.
Level of Bad Loans: BEN has an appropriate level of bad loans (0.2%).
What is Bendigo and Adelaide Bank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BEN's dividend (3.44%) is higher than the bottom 25% of dividend payers in the Australian market (2.03%).
High Dividend: BEN's dividend (3.44%) is low compared to the top 25% of dividend payers in the Australian market (5.25%).
Stability and Growth of Payments
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.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.5%), BEN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BEN's dividends in 3 years are forecast to be covered by earnings (81.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Marnie Baker (51 yo)
Ms. Marnie A. Baker, BBus (Acc), ASA, MAICD, SF FIN, has been Managing Director at Bendigo and Adelaide Bank Limited since July 02, 2018 and serves as its Chief Executive Officer. Ms. Baker has been a Dire...
CEO Compensation Analysis
Compensation vs Market: Marnie's total compensation ($USD1.69M) is about average for companies of similar size in the Australian market ($USD1.72M).
Compensation vs Earnings: Marnie's compensation has been consistent with company performance over the past year.
Experienced Management: BEN's management team is considered experienced (2.6 years average tenure).
Experienced Board: BEN's board of directors are considered experienced (8.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BEN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.8%.
Bendigo and Adelaide Bank Limited's company bio, employee growth, exchange listings and data sources
- Name: Bendigo and Adelaide Bank Limited
- Ticker: BEN
- Exchange: ASX
- Founded: 1858
- Industry: Regional Banks
- Sector: Banks
- Market Cap: AU$5.603b
- Shares outstanding: 545.54m
- Website: https://www.bendigoadelaide.com.au
Number of Employees
- Bendigo and Adelaide Bank Limited
- The Bendigo Centre
Bendigo and Adelaide Bank Limited provides banking and financial services to retail customers and small to medium sized businesses in Australia. The company operates through three segments: Consumer, Busin...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 08:05|
|End of Day Share Price||2021/05/07 00:00|
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 here.