Latest Banking Sector News

National Australia Bank has updated its dividend distribution details, confirming an 85-cent fully franked payout and finalising Dividend Reinvestment and Bonus Security Plan prices at $40.45 per share.

Bendigo and Adelaide Bank has revealed systemic deficiencies in its anti-money laundering and counter-terrorism financing controls following a Deloitte investigation, committing to comprehensive remediation efforts.

Moody’s has upgraded Bendigo and Adelaide Bank’s long-term credit rating to A3, citing strong asset quality and liquidity. The outlook shifts to stable, reflecting confidence tempered with caution.

Nationwide Building Society reports a solid first half of 2025 with underlying profit before tax rising to £977 million, driven by strong mortgage and deposit growth following its acquisition of Virgin Money. The Group maintains robust capital and credit quality while delivering significant value to members.

Lloyds Banking Group is set to acquire London-based fintech Curve, aiming to enhance its mobile banking with advanced digital wallet features. The deal, expected to close in early 2026, marks a strategic push in Lloyds’ digital transformation journey.

RocketBoots Limited has successfully converted its AI-powered retail banking trial into a contract rollout with a major Australian bank, marking a significant step in its commercial expansion.

Urbanise.com Limited has secured a landmark partnership with National Australia Bank to integrate banking services into its cloud-based strata management platform, marking a pivotal step in modernising an industry long reliant on legacy systems.

Virgin Money UK, trading as Clydesdale Bank, has applied to the High Court for approval to transfer its entire banking business to Nationwide Building Society, pending a February 2026 hearing.

National Australia Bank updates its dividend details, confirming a fully franked payout of AUD 0.85 per share for the half-year ending September 2025, with flexible currency payment options for shareholders.

RocketBoots Limited has renewed its pivotal contract with a major Australian retailer, extending an eight-year partnership and securing upfront cash payments. The company also anticipates additional inflows from banking sector pilots and R&D tax incentives, underpinning its growth trajectory.

ANZ Group Holdings Limited has announced a final dividend of 83 cents per share, 70% franked, payable in multiple currencies with reinvestment plans available. Shareholders have until November 17 to make their election choices.

National Australia Bank has reported strong half-year cash earnings of $7.1 billion and announced a fully franked final dividend of 85 cents per share, underscoring its steady financial performance and commitment to customer security.