Original article by Shaun Drummond
The Australian Financial Review – Page: 18 : 16-Feb-16
Bendigo & Adelaide Bank has posted a 2015-16 interim net profit of $A208.7m, which is 8.2 per cent lower than previously. However, its after-tax cash profit rose by 2.7 per cent to $A223.7m and net income rose to $A783.5m. Income from the regional bank’s Homesafe reverse mortgage-style product increased by 66 per cent to $A50.4m. The group’s shares closed at $A8.86 on 15 February 2016.
CORPORATES
BENDIGO AND ADELAIDE BANK LIMITED – ASX BEN, BELL POTTER SECURITIES LIMITED, CONTANGO ASSET MANAGEMENT LIMITED, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, MACQUARIE BANK LIMITED – ASX MBL, STANDARD AND POOR’S ASX ALL ORDINARIES INDEX