Bendigo and Adelaide Bank Limited (BEN.AX)
Financial Services · ASX · Australia
Fundamentals
Valuation and ratings
Bendigo and Adelaide Bank Limited trades at AUD10.76, close to the AUD11.72 our discounted cash flow model puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 12 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
BEN.AX dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | AUD0.300 | 1 |
| 2025 | AUD0.630 | 2 |
| 2024 | AUD0.630 | 2 |
| 2023 | AUD0.610 | 2 |
| 2022 | AUD0.530 | 2 |
| 2021 | AUD0.545 | 2 |
| 2020 | AUD0.310 | 1 |
| 2019 | AUD0.700 | 2 |
| 2018 | AUD0.700 | 2 |
| 2017 | AUD0.680 | 2 |
| 2016 | AUD0.680 | 2 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
BEN.AX earnings and analyst estimates
Recommendation mix, 13 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Bendigo and Adelaide Bank Limited
Bendigo and Adelaide Bank Limited engages in the provision of banking and other financial services to retail customers and small to medium sized businesses in Australia. It operates through Consumer, Business and Agribusiness, and Corporate segments. The company offers transaction and savings account; term deposit; managed funds; share trading; margin lending; and private banking services. It also provides home and personal loans, as well as business loans, equipment finance, and foreign exchange; credit and debit cards; personal insurance; travel and holiday products; and financial advice services. In addition, the company offers EFTPOS and payment services, agribusiness solutions, and private banking; residential, business, rural and commercial lending; payments services, wealth management, margin lending, treasury, and foreign exchange services. It operates under the Bendigo Bank, Up, Leveraged, and Community Enterprise Foundation brands. The company was founded in 1858 and is headquartered in Bendigo, Australia.
BEN.AX passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Bendigo and Adelaide Bank Limited (BEN.AX) undervalued?
Against our discounted cash flow estimate of AUD11.72, BEN.AX at AUD10.76 is 9% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Does Bendigo and Adelaide Bank Limited (BEN.AX) pay a dividend?
Yes. Bendigo and Adelaide Bank Limited yields 5.67% at the current share price. It has paid AUD0.630 per share over the trailing twelve months. It has paid a dividend in each of the last 33 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.