Latest Bendigo and Adelaide Bank (ASX:BEN) News

Takeover uncertainty, legal risks and fund closures drove the biggest share moves this week.
Dividend growth and stronger fund returns offered support, but several reports carried clear warnings about future results.

Bendigo and Adelaide Bank has confirmed a $10.31 reinvestment price for its 33-cent fully franked dividend, payable on 30 September. The update does not change the dividend amount, but fixes the price at which participating shareholders will receive additional shares.

Credit Clear led the market’s biggest weekly rise, while Butn and Tyro Payments fell despite reporting important business developments.
Profit growth, dividends, acquisitions and capital raisings shaped a mixed week across Australian financial stocks.

Bendigo and Adelaide Bank reports a $375.1 million statutory profit for FY26, reversing last year’s loss, while committing $70 million to a multi-year risk rectification program and declaring a fully franked 33 cent dividend.

Takeover bids sent EQT Holdings sharply higher, while Ovanti collapsed after leaving the buy now, pay later market. Strong results from lenders and fund managers were offset by steep falls in several stocks.

Investors also weighed dividends, buy-backs, cost cuts and regulatory risks across a busy week of company news.

Bendigo and Adelaide Bank is embarking on a three-year, $70 million program to fix significant non-financial risk management weaknesses flagged by APRA, while reporting a $375 million statutory profit for FY26 impacted by rectification provisions and legal penalties.

Takeover action and strong funds growth drove the week in finance stocks. Big winners came from deal news and fresh money coming onto platforms, while a few profit stories still saw sellers step in.

Bendigo and Adelaide Bank will redeem its A$125 million subordinated floating rate notes nearly five years ahead of maturity, with APRA approval secured for the early redemption.

Big gains in InvestSMART met heavy selling in General Capital and Klevo as investors split between clean balance-sheet stories and names carrying extra uncertainty. Finance stocks were driven by capital returns, raisings, loan growth and a handful of governance risks.

Bendigo and Adelaide Bank reported a slight increase in its Common Equity Tier 1 ratio to 11.38% for the quarter ended March 2026, driven by net profit and capital inflows. Risk-weighted assets rose 1.75%, largely due to loan portfolio expansion and a new operational risk capital overlay.

Rare earths, lithium and antimony stocks drove the week, while a handful of capital raisings and profit warnings hit hard. The biggest gains came from drilling wins and deal news. The sharpest falls came where investors faced dilution, weaker earnings or takeover friction.

Banks drove the week as Bendigo, BOQ and Pinnacle led finance stocks higher on deals that promised lower costs, more lending firepower and balance sheet flexibility. Regulatory trouble at Humm and fresh uncertainty around Sequoia showed how quickly confidence can slip when boards and disclosure come into question.