Bendigo and Adelaide Bank Limited (BXRBF)
OvervaluedFundamental
43
मूल्य
$10.17
मार्केट कैप
$5.92B
भाग 1 · कंपनी का मूल्य कितना है
अवलोकन
Bendigo and Adelaide Bank is an Australian retail and business bank built around a network of Community Bank branches — locally owned franchises that share profits with the towns they serve — plus Up, a separate digital-only bank aimed at younger customers. It takes deposits and makes home, business and agricultural loans across Australia, with the country's second-largest regional branch network and the only ASX100 head office based outside a state capital.
यह पैसा कैसे कमाती है
The bank earns net interest income on the spread between what it pays depositors and charges borrowers, plus fees from banking services; net interest margin was 1.88% in the 2025 financial year. Around three-quarters of its loan book is home mortgages, funded mostly by customer deposits rather than wholesale borrowing, which keeps funding costs relatively low but leaves earnings sensitive to how central bank rate cuts squeeze the gap between deposit and lending rates.
प्रतिस्पर्धी बढ़त (Moat)
ब्रांड · संकीर्णThe Community Bank model — local franchises that return a share of profit to their town rather than to shareholders alone — has built unusually high customer trust: Bendigo's Net Promoter Score sits about 36 points above the industry average, and its funding is 77% customer deposits versus lower shares at the major banks. That loyalty is real, but the underlying banking products are still substitutable.
मांग को क्या चलाता है
मध्यम रूप से चक्रीयLoan growth and credit quality follow the health of the Australian economy — unemployment, house prices and interest rates all move Bendigo's arrears and lending volumes — but a retail deposit-funded bank is more insulated from sudden shocks than a wholesale-funded lender. Residential mortgage arrears rose to 0.82% in the 2025 financial year, still low but trending up from a 2022 trough.
खरीदने के पक्ष में तर्क
Buyers argue that the Community Bank model gives Bendigo unusually loyal, low-cost deposit funding and a trust score well above the major banks, and that the Up digital brand is finally approaching profitability after six years of fast customer growth, giving the bank two distinct paths to growth.
बेचने के पक्ष में तर्क
Sellers fear that a $539.5 million goodwill impairment and rising operating expenses pushed the bank to a statutory loss in the 2025 financial year, and that margin pressure from falling interest rates will keep outpacing the cost savings management is promising for years to come.
Written by the editors, published on 18 अगस्त 2026
Direct competitors
Who this company fights with for the same customers
Generated on 18 सितंबर 2026 with claude-haiku-4-5 — shared with all users
The closest listed peer: a similarly sized Australian regional bank chasing the same retail mortgage, deposit and small-business customers through a branch-plus-broker network outside the big four.
Australia's largest home lender and deposit taker, competing for the same retail and small-business customers nationwide with far greater scale and technology spending.
A big-four bank competing head-on for Australian residential mortgages, household deposits and agribusiness lending, including in the regional areas Bendigo has traditionally served.
Competes for the same business and agribusiness borrowers in regional Victoria, Queensland and South Australia, as well as for mainstream home loans and transaction accounts.
Its Australian banking arm has grown into a top-five mortgage and deposit player through brokers and digital channels, taking share in exactly the segments Bendigo relies on.
A smaller listed regional banking group (MyState Bank and Auswide Bank) selling home loans and deposits to the same regional and broker-sourced customers on Australia's eastern seaboard.
बैलेंस शीट और तरलता
राजस्व
$1.70B
अंतिम प्रकाशित तिमाही तक के पिछले 12 महीने — प्रति शेयर मेट्रिक्स से अनुमानित
शुद्ध आय
$337M
अंतिम प्रकाशित तिमाही तक के पिछले 12 महीने — प्रति शेयर मेट्रिक्स से अनुमानित
Free Cash Flow
-
कुल इक्विटी
$6.73B
कुल देनदारियाँ
$10.73B
Current Ratio
-
Interest Coverage
-
Debt/EBITDA
-
Earnings Per Share
राजस्व और शुद्ध आय
Free Cash Flow
आय विवरण
ऐतिहासिक विवरण
समय के साथ मार्जिन
समय के साथ ऋण
ऋण कितना भारी है
वृद्धि तालिका
वृद्धि — राजस्व
Fair Value अनुमान
Fair Value
$8.39
वर्तमान मूल्य
$10.17
Margin of Safety
-21.2%
Fair Value सीमा
$6.55 - $10.24
इस्तेमाल किए गए valuation methods के बीच का फैलाव, कोई सांख्यिकीय रूप से calibrated confidence interval नहीं।
अनुमान विधियाँ
मूल्यांकन मेट्रिक्स
P/E Ratio
17.42
ROE
5.6%
P/B Ratio
0.87
P/FCF
-
Gross Margin
0.0%
ROIC
2.2%
लाभप्रदता Radar
मूल्य सृजन (प्रतिस्पर्धी बढ़त)
ROIC
2.2%
WACC
3.4%
ROIC − WACC
-1.2 pp
ROIC पूंजी की लागत से कम है — कंपनी निवेशित हर डॉलर पर मूल्य नष्ट कर रही है।
Fundamental विश्लेषण मानदंड
पास (6)
- P/B Ratio 0.87
- Debt/Equity ratio
- Operating Margin 37.3%
- Price below Graham Number
- Revenue Growth 5Y 5.1%
- Net Margin Trend 18.3% vs -5.0%
फेल (9)
- Price CAGR -2.04%
- ROIC 2.2%
- Gross Margin 0.0%
- DCF valuation (Unknown)
- ROE 5.6%
- Analyst Consensus 11% Buy
- Earnings Surprise avg -4.7%
- Earnings Quality (OCF/NI) -3.32
- Piotroski F-Score 0/9
अनुपलब्ध (12)
- EPS data insufficient
- P/FCF NaN
- Dividend Payout NaN%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- Low reliance on intangibles
- PEG Ratio (need PE > 0 and growth > 0)
- Share Dilution (missing shares data)
Piotroski F-Score
गंभीर वित्तीय चिंताएं
Earnings गुणवत्ता
निम्न गुणवत्ता: accounting की जांच करें
शेयर Dilution
शेयर वापस खरीद रही है। शेयरधारक अनुकूल
संस्थागत होल्डिंग
इस कंपनी के लिए कोई संस्थागत घोषणा उपलब्ध नहीं है।
प्रशासन
कार्यकारी टीम
| नाम | पद | आयु |
|---|---|---|
| Mr. Richard Allan Fennell BEc, CA, MAICD | CEO, MD & Director | 56 |
| Mr. Andrew Robert Morgan B.Com., FCPA | Chief Financial Officer | - |
| Mr. Bruce Speirs BCom, CA, GAICD, MBA | Chief Operating Officer | - |
| Mr. Kieran O'Meara B.Sc. | Chief Technology Officer | - |
| Mr. Adam Rowse M.B.A. | Chief Customer Officer of Bus & Agribus and Interim Chief Customer Officer, Consumer Banking | - |
| Ms. Kerrie Noonan B.Com. | Chief Risk Officer | - |
| Ms. Samantha Miller | General Manager of Investor Relations & ESG | - |
| Mr. Steven J Blackburn B.A., J.D., L.L.B. | Chief Compliance, Financial Crime & Regulatory Affairs Officer | - |
| James Frost | Head of Public Relations | - |
| Ms. Sarah Bateson | Chief Marketing Officer | - |
Audit जोखिम
2
बोर्ड जोखिम
1
मुआवजा जोखिम
3
शेयरधारक अधिकार जोखिम
1
भाग 2 · कीमत और खरीदने का समय
यह हिस्सा यह नहीं बताता कि कंपनी अच्छी है या नहीं: यह तय करने में मदद करता है कि उसे कब खरीदें, जब फंडामेंटल आपको आश्वस्त कर चुके हों। इसमें: तकनीकी विश्लेषण, संभावना, ऐतिहासिक गिरावट, गामा एक्सपोज़र।
Latest News
Recent headlines for BXRBF, sourced from Markets Gazette.