Bendigo and Adelaide Bank Limited

ASX:BENPH Stock Report

Market Cap: AU$6.9b

Bendigo and Adelaide Bank Management

Management criteria checks 2/4

Bendigo and Adelaide Bank's CEO is Marnie Baker, appointed in Jul 2018, has a tenure of 6.08 years. total yearly compensation is A$2.63M, comprised of 62.9% salary and 37.1% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth A$17.46M. The average tenure of the management team and the board of directors is 3.6 years and 2.7 years respectively.

Key information

Marnie Baker

Chief executive officer

AU$2.6m

Total compensation

CEO salary percentage62.9%
CEO tenure6.1yrs
CEO ownership0.3%
Management average tenure3.6yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Marnie Baker's remuneration changed compared to Bendigo and Adelaide Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

AU$530m

Sep 30 2023n/an/a

AU$514m

Jun 30 2023AU$3mAU$2m

AU$497m

Mar 31 2023n/an/a

AU$456m

Dec 31 2022n/an/a

AU$416m

Sep 30 2022n/an/a

AU$452m

Jun 30 2022AU$2mAU$1m

AU$488m

Mar 31 2022n/an/a

AU$545m

Dec 31 2021n/an/a

AU$601m

Sep 30 2021n/an/a

AU$563m

Jun 30 2021AU$2mAU$1m

AU$524m

Mar 31 2021n/an/a

AU$407m

Dec 31 2020n/an/a

AU$291m

Sep 30 2020n/an/a

AU$242m

Jun 30 2020AU$2mAU$1m

AU$193m

Mar 31 2020n/an/a

AU$256m

Dec 31 2019n/an/a

AU$319m

Sep 30 2019n/an/a

AU$348m

Jun 30 2019AU$2mAU$1m

AU$377m

Mar 31 2019n/an/a

AU$391m

Dec 31 2018n/an/a

AU$406m

Sep 30 2018n/an/a

AU$420m

Jun 30 2018AU$1mAU$576k

AU$435m

Compensation vs Market: Marnie's total compensation ($USD1.74M) is about average for companies of similar size in the Australian market ($USD2.25M).

Compensation vs Earnings: Marnie's compensation has increased by more than 20% in the past year.

CEO

Marnie Baker (56 yo)

6.1yrs

Tenure

AU$2,628,000

Compensation

Ms. Marnie A. Baker, BBus, ASA, MAICD and SFFin was MD & Director of Bendigo and Adelaide Bank Limited from July 02, 2018. She was Chief Customer Officer of Bendigo and Adelaide Bank Limited until April 03...

Leadership Team

NamePositionTenureCompensationOwnership
Marnie Baker
CEO, MD & Non Independent Director6.1yrsAU$2.63m0.25%
A$ 17.5m
Andrew Morgan
Chief Financial Officer2.2yrsAU$1.26mno data
Bruce Speirs
Chief Operating Officer8.9yrsAU$956.00kno data
Richard Fennell
Chief Customer Officer of Consumer Banking2.5yrsAU$1.36mno data
Taso Corolis
Chief Risk Officerno dataAU$984.00kno data
Ryan Brosnahan
Chief Transformation Officer4.8yrsAU$1.15mno data
Adam Rowse
Chief Customer Officer of Business & Agribusiness2.1yrsAU$981.00kno data
Samantha Miller
Head of Investor Relations & ESGno datano datano data
James Frost
Head of Public Relationsno datano datano data
Louise Tebbutt
Chief People Officer5.8yrsno datano data
William Conlan
Chief of Staff1.6yrsno datano data
Lauren Andrews
Head of Corporate Affairsno datano datano data

3.6yrs

Average Tenure

Experienced Management: BENPH's management team is considered experienced (3.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Marnie Baker
CEO, MD & Non Independent Director24.6yrsAU$2.63m0.25%
A$ 17.5m
Abigail Cleland
Independent Non Executive Directorless than a yearno data0.0019%
A$ 134.2k
David Foster
Independent Director (Leave of Absence)4.9yrsAU$216.00k0.0027%
A$ 186.1k
Victoria Sophia Weekes
Independent Non Executive Director2.5yrsAU$215.00k0.0021%
A$ 145.3k
Patricia Payn
Non-Executive Independent Directorless than a yearno data0.0018%
A$ 122.5k
David Matthews
Non Executive Independent Director14.4yrsAU$226.00k0.0089%
A$ 617.1k
Vicki Carter
Independent Chair of the Board5.9yrsAU$309.00k0.0044%
A$ 303.7k
Alistair Muir
Independent Non-executive Director1.9yrsAU$159.00k0.00018%
A$ 12.5k
Richard Deutsch
Independent Non Executive Director2.9yrsAU$256.00k0.0018%
A$ 127.3k
Margaret Payn
Non-Executive Directorless than a yearno datano data

2.7yrs

Average Tenure

58yo

Average Age

Experienced Board: BENPH's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/08/16 00:33
End of Day Share Price 2024/08/16 00:00
Earnings2023/12/31
Annual Earnings2023/06/30

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 here.

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 .

Analyst Sources

Bendigo and Adelaide Bank Limited is covered by 29 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anthony HooANZ Equities Pty Limited
Russell WrightAPP Securities Pty Ltd.
Jonathan MottBarrenjoey Markets Pty Limited