Bendigo and Adelaide Bank Ltd

BEN: XASX (AUS)
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Bendigo and Adelaide Bank: Relying on Process Improvements to Reignite Loan Growth

Bendigo and Adelaide Bank's first-quarter fiscal 2026 profit fell 3% on the average of the previous two quarters, hurt by 8% operating expense growth. Despite the home loan book contracting by around 1.5%, net interest margins improved modestly, driving 4% revenue growth.

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