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Why Did Bendigo and Adelaide Bank Swing to a $97M Loss Despite Earnings Growth?

10:25pm on Friday 29th of August, 2025 AEST Financials
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Why Did Bendigo and Adelaide Bank Swing to a $97M Loss Despite Earnings Growth?

10:25pm on Friday 29th of August, 2025 AEST
Key Points
  • Statutory loss of $97.1 million due to $539.5 million goodwill impairment
  • Revenue increased 4.6% to $1.94 billion
  • Cash earnings up 8.4% to $514.6 million
  • Operating costs rose from transformation investments and inflation
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