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Bendigo Bank Holds Dividend as Lending Grows Despite Margin Squeeze
8:27am on Monday 17th of February, 2025 AEDT
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Financial Services
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Bendigo Bank Holds Dividend as Lending Grows Despite Margin Squeeze
8:27am on Monday 17th of February, 2025 AEDT
Key Points
Cash earnings down 1.1% to $265.2 million year-on-year
Net profit after tax declined 17.5% to $216.8 million
Residential lending grew 5.3%, total lending up 3.4%
Customer deposits increased 5.4%, with digital deposits surging 27%
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Bendigo and Adelaide Bank (ASX:BEN)
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