Bendigo Bear Sees Falling Confidence in Earnings Outlook -- Market Talk

Dow Jones

Nov 27, 2025

0128 GMT - Bendigo & Adelaide Bank's bear at Morgan Stanley sees the announcement that it will work on its safeguards against money-laundering, further hitting confidence in its earnings outlook. Analyst Richard E. Wiles tells clients in a note that uncertainty over the cost of the so-called uplift program will weigh on the stock. He assumes that Bendigo will raise A$100 million in pre-tax provisions to cover investment in the program through fiscal 2028. The program will also absorb management time and reduce the proportion of spending directed toward growth and productivity, Wiles warns. Morgan Stanley lowers its target price by 4.0% to A$9.60 and keeps an underweight recommendation on the stock. Shares are up 1.2% at A$10.335. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

November 26, 2025 20:28 ET (01:28 GMT)

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Analyst Richard E. Wiles tells clients in a note that uncertainty over the cost of the so-called uplift program will weigh on the stock. He assumes that Bendigo will raise A$100 million in pre-tax provisions to cover investment in the program through fiscal 2028. The program will also absorb management time and reduce the proportion of spending directed toward growth and productivity, Wiles warns. Morgan Stanley lowers its target price by 4.0% to A$9.60 and keeps an underweight recommendation on the stock. Shares are up 1.2% at A$10.335. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 26, 2025 20:28 ET (01:28 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bendigo Bear Sees Falling Confidence in Earnings Outlook -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBendigo Bear Sees Falling Confidence in Earnings Outlook -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-27 09:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0128 GMT - Bendigo &amp; Adelaide Bank's bear at <a href=\"https://laohu8.com/S/MTK\">Morgan Stanley</a> sees the announcement that it will work on its safeguards against money-laundering, further hitting confidence in its earnings outlook. Analyst Richard E. Wiles tells clients in a note that uncertainty over the cost of the so-called uplift program will weigh on the stock. He assumes that Bendigo will raise A$100 million in pre-tax provisions to cover investment in the program through fiscal 2028. The program will also absorb management time and reduce the proportion of spending directed toward growth and productivity, Wiles warns. Morgan Stanley lowers its target price by 4.0% to A$9.60 and keeps an underweight recommendation on the stock. Shares are up 1.2% at A$10.335. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 26, 2025 20:28 ET (01:28 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01967","symbol_name":"信恳智能","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2586926232","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2586926232","pubTimestamp":1764206880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0128 GMT - Bendigo & Adelaide Bank's bear at Morgan Stanley sees the announcement that it will work on its safeguards against money-laundering, further hitting confidence in its earnings outlook. Analyst Richard E. Wiles tells clients in a note that uncertainty over the cost of the so-called uplift program will weigh on the stock. He assumes that Bendigo will raise A$100 million in pre-tax provisions to cover investment in the program through fiscal 2028. The program will also absorb management time and reduce the proportion of spending directed toward growth and productivity, Wiles warns. Morgan Stanley lowers its target price by 4.0% to A$9.60 and keeps an underweight recommendation on the stock. Shares are up 1.2% at A$10.335. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"01967":"信恳智能"},"translate_title":"本迪戈熊认为对盈利前景的信心下降——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01967":1.5},"content_text":"0128 GMT - Bendigo & Adelaide Bank's bear at Morgan Stanley sees the announcement that it will work on its safeguards against money-laundering, further hitting confidence in its earnings outlook. Analyst Richard E. Wiles tells clients in a note that uncertainty over the cost of the so-called uplift program will weigh on the stock. He assumes that Bendigo will raise A$100 million in pre-tax provisions to cover investment in the program through fiscal 2028. The program will also absorb management time and reduce the proportion of spending directed toward growth and productivity, Wiles warns. Morgan Stanley lowers its target price by 4.0% to A$9.60 and keeps an underweight recommendation on the stock. Shares are up 1.2% at A$10.335. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 26, 2025 20:28 ET (01:28 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}