Brief: Bendigo And Adelaide Bank Says YTD NIM Post Revenue Share Arrangements Of 1.87%

Bendigo and Adelaide Bank

17/05/2024 02:51

May 17 (Reuters) - Bendigo and Adelaide Bank Ltd
 BEN.AX :
    * NET INTEREST MARGIN POST REVENUE SHARE ARRANGEMENTS YTD OF
1.87%
    * UNAUDITED CASH EARNINGS (AFTER TAX) YTD OF ABOUT A$464
MILLION
FOR TEN MONTHS ENDING 30 APRIL
    * CREDIT EXPENSES REMAIN AT LOW LEVELS ACROSS ALL PORTFOLIOS
YTD
    * YTD NIM PRE REVENUE SHARE ARRANGEMENTS OF 2.30%
    * APRIL 2024 EXIT NIM WAS HIGHER THAN YTD AVERAGE

Further company coverage:  BEN.AX 

 ((Reuters.Briefs@thomsonreuters.com;))