Bendigo and Adelaide Bank profit, income and earnings rise

Company News

by Jessica Amir

Bendigo and Adelaide Bank (ASX:BEN) reported its statutory profit grew 11 per cent in the six months to 31 December 2017, compared to the same time last year, hitting $232 million.

Its underlying cash earnings also rose about 11 per cent to $225 million.

Income from operations rose 6 per cent over the same period to $843 million.

The company declared an interim dividend of 35 cents per share fully franked, payable on 29 March 2018.

Shares in Bendigo and Adelaide Bank (ASX:BEN) are trading 0.27 per cent lower to $11.20

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 with a passion for equities and funds management. As Head of News, she has been a broadcast journalist for over seven years, specialising in finance. She has been a journalist with Sky News Business, ABC 1, ABC's The Business and ABC24. She’s also worked as a TV reporter for regional Channel 7 and 9. She also previously worked as a financial planner and real estate agent.