Bendigo and Adelaide Bank Limited reported its results for the half year ended 31 December 2025. The bank’s customer numbers are trending towards 3 million, with its Net Promoter Score at 24.9, above industry average. Lower cost deposits grew 3.6% during the period, making up 53.8% of total customer deposits. Digital deposit sales accounted for 41.4%, up 7.4% for the half year. Operating expenses were reduced by 6.4% in the second quarter, reflecting a reduction in full-time equivalent staff and a decrease in seasonal cost drivers. The bank also regained momentum in residential lending growth, driven by strong application flow in December. Up, the bank’s digital banking brand, achieved its first month of profitability in September, more than six months ahead of plan. Credit quality remained stable, with credit expense at AUD 5.5 million and gross impaired loans at AUD 127.4 million for the period. The bank continued to execute on its strategic priorities, focusing on building scale through innovation and digital transformation, as well as consolidating Adelaide Bank customers and accounts onto a single platform and brand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bendigo and Adelaide Bank Limited published the original content used to generate this news brief on February 15, 2026, and is solely responsible for the information contained therein.