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Why Did Bendigo and Adelaide Bank Swing to a $97M Loss Despite Earnings Growth?
8:23am on Monday 25th of August, 2025 AEST
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Financials
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Why Did Bendigo and Adelaide Bank Swing to a $97M Loss Despite Earnings Growth?
8:23am on Monday 25th 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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Bendigo and Adelaide Bank (ASX:BEN)
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