Brief: Bendigo And Adelaide Bank Announces Seven-Year Technology Service Partnership With Infosys

Infosys

09/04/2026 02:20

April 9 (Reuters) - Bendigo and Adelaide Bank Ltd BEN.AX:

ANNOUNCES SEVEN-YEAR TECHNOLOGY SERVICE PARTNERSHIP WITH INFOSYS

ANNOUNCES SIX-YEAR BUSINESS OPERATIONS PARTNERSHIP WITH GENPACT

EXPECTS UPFRONT TRANSITION COSTS OF A$85 MILLION-A$95 MILLION, MOSTLY IN FY27

REPORTS UNAUDITED 3Q26 CASH EARNINGS OF A$137.9 MILLION, STATUTORY NPAT OF A$109.4 MILLION

3Q26 NIM WAS 1.98%, UP 6BPS ON 2Q26

3Q NET INTEREST INCOME A$433.2 MILLION

EMPLOYEES WILL BE CONSULTED ON ROLES AND TEAM STRUCTURES

IMPROVEMENTS EXPECTED WILL LEAD TO WORKFORCE CHANGES, IMPACTING PEOPLE IN TECH, BUSINESS OPERATIONS TEAMS

Further company coverage: BEN.AX

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