Bendigo and Adelaide Bank cash earnings slip 2.4%

Company News

by Anna Napoli

Bendigo and Adelaide Bank (ASX:BEN) has announced its cash earnings after tax fell 2.4 per cent to $219.8 million for the six months ended December 31.

The bank's net interest income fell 1.7 per cent to $656.5 million.

Cash Earnings per share decreased by 0.2 cents to 45.1 cents.

The company declared a fully franked interim dividend of 35 cents per share in line with the prior period.

Shares in Bendigo and Adelaide Bank (ASX:BEN) are trading 2.78 per cent lower to $10.84.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.