BNET Industries
Market Cap:$23.7B
Last Fiscal Year Sales:$214.6M
- Public
- AU
Dow Jones Description
Bendigo Bank operates some 350 branches, primarily in Victoria and Queensland. This includes 190+ Community Bank branches. The bank's national headquarters are in the city of Bendigo, and it has a regional headquarters in the Melbourne Docklands. "Community Bank" is an innovative franchise program in which the local community owns and operates a Bendigo Bank branch (which is separately incorporated), and Bendigo Bank provides all the banking infrastructure and support. The community company and Bendigo Bank share all branch revenue with whatever is left over after the company pays its branch running costs remaining as profit. The program was a response to a massive closure of bank branches in rural areas. Bendigo Bank has since extended the program to areas that have bank service.
Chief Executive Officer & Group Managing Director
Robert G. HuntNumber of Employees 4,000
Peer Companies
NAICS Code Real Estate Credit: 522292
Recent Events
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DEPUTY CHAIR OF AUSTRALIA'S BENDIGO & ADELAIDE BANK RESIGNS
News & Analysis
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bank and bendigo bank - All News and Analysis
AUSTRALIA: MOODY'S ASSIGNS NEW RATINGS TO BENDIGO AND ADELAIDE BANK LTD.
Moody's Investors Service has assigned A2 / Prime-1 deposit and debt ratings to Bendigo and Adelaide Bank Limited, and a bank financial strength rating BFSR of C. The outlook for all the ratings is stable. "The ratings reflect the new bank' Moody's Investors...
MOODY'S AFFIRMS ADELAIDE BANK'S RATINGS ON BENDIGO BANK MERGER
Moody's has affirmed the A2 / Prime-1 depositand debt ratings of Adelaide Bank, in addition to its bank financialstrength rating of C, following the completion of its merger with BendigoBank not rated after the Adelaide Bank schemes were implemented lasMoody's has affirmed the A2 / Prime-1 depositand debt ratings of...
AUSTRALIA: MOODY'S AFFIRMS ADELAIDE BANK'S RATINGS ON BENDIGO BANK MERGER.
Moody's has affirmed the A2 / Prime-1 deposit and debt ratings of Adelaide Bank, in addition to its bank financial strength rating of C, following the completion of its merger with Bendigo Bank not rated after the Adelaide Bank schemes were impl Moody's...
Jilted suitor BOQ now courting Mackay Permanent
Still reeling from the rejection of its advances to Bendigo Bank, and perhaps stung by Bendigo's new relationship with Adelaide Bank, Bank of Queensland is now seeking emotional compensation by turning its attention to a less challenging target, Mackay Permanent Building Society. A week after the Bendigo announcement that...
Regionals hold their appeal.
Byline: Sally Patten Jul 16, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Shares in Australia's three second-tier banks have fallen since 21 June 2007. Bendigo Bank rejected a $A2.4 billion bid from Bank of Queensland BoQ on that date. Shares in...
Bank's fall is not a failure.
Byline: Sally Patten Jul 10, 2007 (The Australian Financial Review - ABIX via COMTEX) -- There is renewed optimism among Australian analysts about Bank of Queensland's BoQ stock. They appear to be in agreement with CEO David Liddy, who has noted its strong franchising...
Bendigo Army led bank to shun offer.
Byline: Eric Johnston Apr 25, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Bendigo Bank executives personally advised the Bank of Queensland that its takeover offer was being rejected by shareholders and why. On 25 April 2007 the Bendigo board said that...
Marriage too risky: Bendigo.
Byline: Richard Gluyas Apr 25, 2007 (The Australian - ABIX via COMTEX) -- Australian-listed Bendigo Bank has rejected a lucrative takeover offer. The Bank of Queensland BoQ had offered to pay $A2.7 billion to take over the Bendigo Bank. The board of the Bendigo...
Bad vibes at Bendigo as Johanson rules out a takeover by Bank of Queensland.
Byline: Matthew Stevens Apr 25, 2007 (The Australian - ABIX via COMTEX) -- The board of the Bendigo Bank has rejected a takeover offer from the Bank of Queensland BoQ. However, Bendigo Bank chairman Robert Johanson told the market that the BoQ offer was...
Bendigo share halt omen.
Byline: Marc Moncrief Apr 23, 2007 (The Age - ABIX via COMTEX) -- Bendigo Bank has requested a halt in trading in its shares pending an announcement on a Bank of Queensland BoQ merger proposal. Prior to the halt at 2pm on 23 April...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Robert G. Hunt | Chief Executive Officer & Group Managing Director |
| Andrew Watts | Chief Information Officer |
| Anthony Baum | Chief General Manager, Wealth Financing & Product |
| Craig Langford | Chief General Manager, People & Corporate Services |
| David Hughes | Chief Financial Officer |
| Gregory D. Gillett | Chief General Manager, Brand Development & Positioning |
| Jamie McPhee | Chief Executive, Wholesale Bank |
| Marnie Baker | Chief General Managers of Solutions & Product |
| Mike Hirst | Chief Executive of Retail Banking & Chief Operating Officer |
| Philip Riquier | Chief General Manager, Portfolio & Business Partners |
| Richard Fennell | Chief General Manager of Strategy |
| Russell Jenkins | Chief General Managers of Retail Customers |
| Tim Piper | Chief General Manager of Wholesale Mortgages |
| Brock Pinner | Manager |
| Casandra Brewis | Branch Manager |
| Richard Forrester | Senior Development Manager |
| David A. Oataway | Secretary |
| Owen Davies | Spokesman |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Kevin Osborn | Deputy Chairman |
| Robert N. Johanson | Chairman |
| Deborah Radford | Board of Directors |
| Dr. Adele Lloyd | Board of Directors |
| Jennifer L. Dawson | Board of Directors |
| Kevin Abrahamson | Board of Directors |
| Kevin E. Roache | Board of Directors |
| Terry O'Dwyer | Board of Directors |
| Tony Robinson | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Chief Executive Officer & Group Managing Director | Current |
| Sandhurst Trustees Limited | Board of Directors | Current |
| Bendigo Bank Limited | Board of Directors | Current |
| Elders Rural Bank | Board of Directors | Current |
| Adelaide Bank Limited | Board of Directors | Current |
| Bendigo Bank Limited | Managing Director | Former |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Chief Information Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Chief General Manager, Wealth Financing & Product | Current |
| Adelaide Managed Funds Limited | Board of Directors | Current |
| Adelaide Bank Limited | Chief General Manager of Financial Products | Former |
| Adelaide Bank Limited | Group Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Chief General Manager, People & Corporate Services | Current |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Chief General Manager, Brand Development & Positioning | Current |
| Sandhurst Trustees Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Chief Executive, Wholesale Bank | Current |
| Adelaide Managed Funds Limited | Board of Directors | Current |
| Bendigo Bank Limited | Board of Directors | Current |
| Adelaide Bank Limited | Chief General Manager, Banking Operations | Former |
| Corporation Bank | Former |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Chief General Managers of Solutions & Product | Current |
| Sandhurst Trustees Limited | Chief Executive Officer | Former |
| Sandhurst Trustees Limited | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Chief Executive of Retail Banking & Chief Operating Officer | Current |
| Elders Rural Bank | Board of Directors | Current |
| Sandhurst Trustees Limited | Board of Directors | Current |
| Melbourne University | Melbourne University | Former |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Chief General Manager, Portfolio & Business Partners | Current |
| Bendigo Bank Limited | Head of Products & Head of National Business Lending | Former |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Chief General Manager of Strategy | Current |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Chief General Managers of Retail Customers | Current |
| Melbourne University | Honors degree in Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Chief General Manager of Wholesale Mortgages | Current |
| Adelaide Bank Limited | General Manager of Credit Risk | Former |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Senior Development Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Secretary | Current |
| Sandhurst Trustees Limited | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Spokesman | Current |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Deputy Chairman | Current |
| Adelaide Bank Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Chairman | Current |
| Bendigo Bank Limited | Board of Directors | Current |
| Bendigo Bank Limited | Deputy Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Adelaide Bank Limited | Board of Directors | Current |
| Bendigo Bank Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Adelaide Bank Limited | Board of Directors | Current |
| Bendigo Bank Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Adelaide Bank Limited | Board of Directors | Current |
| Bendigo Bank Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Adelaide Bank Limited | Board of Directors | Current |
| Bendigo Bank Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Board of Directors | Current |
| Adelaide Bank Limited | Board of Directors | Current |
Mr O'Dwyer, a chartered accountant has been a Director of Metal Storm Limited since 1998. He is the Executive Chairman of Backwell Lombard Capital and a past chairman of BDO Kendalls, Chartered Accountants, where he was a partner for 27 years until his retirement in June 2005. Mr O'Dwyer served as Executive Chairman of the company for a short period in 2006. Prior to that he was a member of the Audit and Finance Committees of the Company. Mr O'Dwyer is a Director of Bendigo Bank Limited and was previously a Director and Chairman of Brumby's Bakeries Holdings Limited, MFS Limited and Break Free Limited. Mr O'Dwyer has been executive Chairman since 28 April 2006 and non-executive Chairman since 19 February 2007.
| Organization | Position | Status |
|---|---|---|
| Backwell Lombard Capital | Executive Chairman | Current |
| Metal Storm Limited | Director | Current |
| Bendigo Bank Limited | Board of Directors | Current |
| Adelaide Bank Limited | Board of Directors | Current |
| Sunstate Lenders | Board of Directors | Current |
| MFS Limited | Chairman | Former |
| Break-Free | Chairman | Former |
| MFS Limited | Director | Former |
| Break-Free | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Bendigo Bank Limited | Board of Directors | Current |
| Adelaide Bank Limited | Board of Directors | Current |
| Volume | 1,631,717 |
| Shares Outstanding | 229.2M |
| Market Cap | 23.7B |
| Year High | 116.39 |
| Year Low | 37.11 |
| Earnings Per Share | 3.89 |
| P/E Ratio | 26.5938 |
| Dividend | 0.84 |
| Yield | 0.811986 |
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