BNET Industries
Market Cap:$24.9B
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
News & Analysis
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banking and bendigo bank - All News and Analysis
Rejected twice, BoQ gives up on Bendigo.
- 2007-06-21
Byline: Leon Gettler Jun 21, 2007 (The Age - ABIX via COMTEX) -- Australian-listed Bank of Queensland BoQ has abandoned its takeover bid for the rival Bendigo Bank after its latest offer was rejected. BoQ chairman Neil Roberts says the group's focus will now...
Banks break ranks over e-fraud.
- 2007-05-07
Byline: Julian Bajkowski and Brendan Swift May 07, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Bendigo Bank and Suncorp want account holders who have sloppy computer security to be liable for the cost of electronic banking fraud. The action by...
Good reason for Bendigo mob to knock back Banana Bank.
- 2007-04-23
Byline: Stephen Bartholomeusz Apr 23, 2007 (The Sydney Morning Herald - ABIX via COMTEX) -- The Bank of Queensland BoQ launched a $A2.7 billion bid to buy the Bendigo Bank earlier in 2007. Bendigo Bank will make its response to the offer quite soon....
Bendigo Bank is holding good cards as BoQ's $2.7 billion bid plays itself out.
- 2007-04-23
Byline: Stephen Bartholomeusz Apr 23, 2007 (The Age - ABIX via COMTEX) -- The Bank of Queensland BoQ launched a $A2.7 billion bid to buy the Bendigo Bank earlier in 2007. Bendigo Bank will make its response to the offer quite soon. Some analysts...
Drive for efficiencies means fewer regionals; whether or not Bank of Queensland is successful in its proposed merger with Bendigo Bank, there is little doubt that the ongoing quest for economies of scale will lead to further consolidation among Australia'
- 2007-04-15
Share prices of all Australia's regional banks surged in response to the announcement that Bank of Queensland planned to join forces with Bendigo Bank with the aim forging a $4 billion regional banking juggernaut. The proposed merger, if successful, will bring together 575 bank branches that service 1.5 million...
Power to the people?
- 2007-04-01
COMMUNITY BANKS HAVE GENERATED SO MUCH GOODWILL IT'S NO SUPRISE THAT ALL BANKS WANT TO CLAIM THIS MANTLE It's almost a decade since the revolution began. In the small Victorian wheat-farming towns of Minyip and Rupanyup, the locals had had enough. Their once-thriving communities in the heart of...
Banking M&A can be bad for your financial health.
- 2007-03-23
Byline: Charlie Corbett Mar 23, 2007 (Investor Weekly - ABIX via COMTEX) -- There are a number of mergers and acquisitions either completed or in progress in the Australian financial services sector in late March 2007. The Bank of Queensland has launched a...
Bid sparks life in banking sector.
- 2007-03-19
Byline: Peter Wells Mar 19, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket posted modest gains on 19 March 2007, with the S&P/ASX 200 rising 23.4 points to 5,859.7. The broader All Ordinaries Index advanced 21.5 points to 5,839.3....
Nerves jangle as risks emerge.
- 2007-01-28
Byline: Stewart Oldfield Jan 28, 2007 (The Australian Financial Review - ABIX via COMTEX) -- A number of listed groups in Australia will unveil their company results in early 2007. The Adelaide Bank will report its interim results on 1 February 2007. The Bendigo...
CBA makes net safer.
- 2006-09-28
Byline: Rachel Lebihan Sep 28, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The Commonwealth Bank of Australia CBA may charge customers for more secure internet banking services. Michael Cameron, the head of retail banking services, says the charges have not...
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 | 762,733 |
| Shares Outstanding | 229.2M |
| Market Cap | 24.9B |
| Year High | 116.39 |
| Year Low | 37.11 |
| Earnings Per Share | 3.89 |
| P/E Ratio | 28.0129 |
| Dividend | 0.84 |
| Yield | 0.77 |
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