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Bendigo & Adelaide Bank Ltd. ( (AU:BEN) ) has issued an announcement.
Bendigo & Adelaide Bank Ltd. addressed a query from the ASX regarding its earnings expectations for the half year ending December 2024. The bank clarified that its key measure of performance, Cash Earnings, showed a 5.8% difference from market expectations, which was within acceptable limits as it did not exceed the 10% variance threshold. The bank continuously monitors its performance against market forecasts and remains confident in its earnings outlook for the full financial year.
More about Bendigo & Adelaide Bank Ltd.
Bendigo & Adelaide Bank Ltd. operates in the financial services industry, primarily offering banking products and services. The company focuses on providing retail banking, business banking, and wealth management services across Australia, catering to both individual and corporate clients.
YTD Price Performance: 4.43%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.83B
For an in-depth examination of BEN stock, go to TipRanks’ Stock Analysis page.
