Bendigo and Adelaide Bank Limited

CHIA:BEN Stock Report

Market Cap: AU$7.4b

Bendigo and Adelaide Bank Management

Management criteria checks 3/4

Bendigo and Adelaide Bank's CEO is Richard Fennell, appointed in Aug 2024, has a tenure of less than a year. total yearly compensation is A$1.47M, comprised of 60.3% salary and 39.7% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth A$1.63M. The average tenure of the management team and the board of directors is 2.3 years and 1.3 years respectively.

Key information

Richard Fennell

Chief executive officer

AU$1.5m

Total compensation

CEO salary percentage60.3%
CEO tenureless than a year
CEO ownership0.02%
Management average tenure2.3yrs
Board average tenure1.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Richard Fennell's remuneration changed compared to Bendigo and Adelaide Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$1mAU$888k

AU$545m

Mar 31 2024n/an/a

AU$538m

Dec 31 2023n/an/a

AU$530m

Sep 30 2023n/an/a

AU$514m

Jun 30 2023AU$1mAU$854k

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$1mAU$856k

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$1mAU$873k

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$1mAU$683k

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$1mAU$663k

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$586k

AU$435m

Compensation vs Market: Richard's total compensation ($USD925.20K) is below average for companies of similar size in the Australian market ($USD2.09M).

Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.


CEO

Richard Fennell

less than a year

Tenure

AU$1,472,000

Compensation

Mr. Richard Allan Fennel, BEc, CA, MAICDl serves as CEO, MD and Director of Bendigo & Adelaide Bank Limited since August 31, 2024. He is Chief Customer Officer of Consumer Banking at Bendigo and Adelaide B...


Leadership Team

NamePositionTenureCompensationOwnership
Richard Fennell
CEO, MD & Directorless than a yearAU$1.47m0.022%
A$ 1.6m
Andrew Morgan
Chief Financial Officer2.6yrsAU$1.36m0.012%
A$ 860.1k
Bruce Speirs
Chief Operating Officer9.3yrsAU$1.11m0.0099%
A$ 734.2k
Taso Corolis
Chief Customer Officer of Consumer Bankingno dataAU$1.20m0.018%
A$ 1.3m
Ryan Brosnahan
Chief Transformation Officer5.2yrsAU$1.18m0.012%
A$ 874.2k
Adam Rowse
Chief Customer Officer of Business & Agribusiness2.5yrsAU$1.10m0.0039%
A$ 288.2k
Samantha Miller
Head of Investor Relations & ESGno datano datano data
James Frost
Head of Public Relationsno datano datano data
Sarah Bateson
Chief Marketing Officerless than a yearno datano data
Fiona Thompson
Chief People Officerless than a yearno datano data
William Conlan
Chief of Staff2yrsno datano data
Lauren Andrews
Head of Corporate Affairsno datano datano data

2.3yrs

Average Tenure

Experienced Management: BEN's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Fennell
CEO, MD & Directorless than a yearAU$1.47m0.022%
A$ 1.6m
Abigail Cleland
Independent Non Executive Directorless than a yearAU$33.00k0.0019%
A$ 144.5k
Victoria Sophia Weekes
Independent Non Executive Director2.9yrsAU$215.00k0.0025%
A$ 185.4k
Margaret Payn
Independent Non-Executive Director1.3yrsAU$171.00k0.0033%
A$ 243.5k
Daryl Johnson
Independent Non-Executive Directorless than a yearno data0.0015%
A$ 111.7k
Vicki Carter
Independent Chair of the Board6.3yrsAU$365.00k0.0044%
A$ 326.9k
Alistair Muir
Independent Non-executive Director2.3yrsAU$200.00k0.00018%
A$ 13.4k
Richard Deutsch
Independent Non Executive Director3.3yrsAU$215.00k0.0022%
A$ 166.1k
Margaret Payn
Non-Executive Director1.3yrsno datano data

1.3yrs

Average Tenure

60yo

Average Age

Experienced Board: BEN's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 03:52
End of Day Share Price 2025/01/06 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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

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

Industry and Sector Metrics

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Analyst Sources

Bendigo and Adelaide Bank Limited is covered by 29 analysts. 11 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