Bendigo and Adelaide Bank Limited Releases 2026 Half Year Results Briefing Transcript

Reuters
Feb 17
Bendigo and Adelaide Bank Limited Releases 2026 Half Year Results Briefing Transcript

Bendigo and Adelaide Bank Limited held a briefing to discuss its 2026 half year results, attended by CEO Richard Fennell and CFO Andrew Morgan. During the call, management addressed operational achievements including the full rollout of the Bendigo Lending Platform, migration of 180,000 Adelaide Bank customer accounts to a single core system, and a new five-year partnership with Google to enhance cloud capability, AI tools, and cyber security. Addressing compliance, the CEO stated, "We identified some suspected money laundering occurring through one of our branches... we reported that to the appropriate authorities, both the regulatory authorities and law enforcement." On financial performance, management noted a "cautionary outlook" for net interest margins but suggested potential growth in the fourth quarter. The full transcript can be accessed through the link below.

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