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First Impressions Profit Report: Bendigo Adelaide Bank (BEN) - FY15 result in line with consensus

Bell Potter

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No surprises and largely in line with consensus. However, NIM was slightly weaker due to competition and CET1 still under 8.2% explaining why the dividend was also lower. Overall a solid result. To view the full report click here: (VIEW LINK)

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Bell Potter
Bell Potter View Profile
Stockbroker

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

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