Australia's Bendigo and Adelaide Bank rises on better-than-expected FY cash earnings

Bendigo and Adelaide Bank

25/08/2025 02:06

** Bendigo and Adelaide Bank BEN.AX rises as much as 3.9% to A$13.490, highest since February 14

** Stock marks biggest intraday pct gain since early June

** Victoria-based bank reports cash earnings after tax of A$514.6 mln ($333.6 mln), beats VA consensus of A$509.9 mln

** Impairment of A$539.5 mln already priced in by market after bank flagged it earlier this month

** Reports stable FY net interest margin of 1.88%

** YTD, BEN gains 2.3%

($1 = A$1.5425)

 (Reporting by Shivangi Lahiri in Bengaluru)

 ((shivangi.lahiri@thomsonreuters.com))