Bendigo & Adelaide Bank's Share Price Rises on 3Q Beat -- Market Talk

Dow Jones

Apr 09

0145 GMT - Bendigo & Adelaide Bank's share price rises 8.9% to A$11.39 after beating expectations in 3Q. The Australian lender reported a quarterly cash profit of A$138 million. UBS says this is 12% higher than consensus hopes. It implies that Bendigo needs a profit of A$108 million in 4Q to meet market forecasts for 2H. That's likely achievable, according to analyst John Storey. "We expect positive earnings revisions after this print," UBS says. Bendigo also announced two new strategic partnerships with Infosys and Genpact. UBS views these as positive, "as regional players need to focus on tech partnerships to compensate against scale headwinds." It had a neutral call and a A$10.95/share price target ahead of the 3Q update. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

April 08, 2026 21:45 ET (01:45 GMT)

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The Australian lender reported a quarterly cash profit of A$138 million. UBS says this is 12% higher than consensus hopes. It implies that Bendigo needs a profit of A$108 million in 4Q to meet market forecasts for 2H. That's likely achievable, according to analyst John Storey. \"We expect positive earnings revisions after this print,\" UBS says. Bendigo also announced two new strategic partnerships with Infosys and Genpact. UBS views these as positive, \"as regional players need to focus on tech partnerships to compensate against scale headwinds.\" It had a neutral call and a A$10.95/share price target ahead of the 3Q update. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 08, 2026 21:45 ET (01:45 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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 & Adelaide Bank's Share Price Rises on 3Q Beat -- 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 & Adelaide Bank's Share Price Rises on 3Q Beat -- 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\">2026-04-09 09:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0145 GMT - Bendigo &amp; Adelaide Bank's share price rises 8.9% to A$11.39 after beating expectations in 3Q. The Australian lender reported a quarterly cash profit of A$138 million. UBS says this is 12% higher than consensus hopes. It implies that Bendigo needs a profit of A$108 million in 4Q to meet market forecasts for 2H. That's likely achievable, according to analyst John Storey. \"We expect positive earnings revisions after this print,\" UBS says. Bendigo also announced two new strategic partnerships with Infosys and Genpact. UBS views these as positive, \"as regional players need to focus on tech partnerships to compensate against scale headwinds.\" It had a neutral call and a A$10.95/share price target ahead of the 3Q update. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 08, 2026 21:45 ET (01:45 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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":"BK7139","symbol_name":"区域性银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2626971900","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2626971900","pubTimestamp":1775699100,"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":"0145 GMT - Bendigo & Adelaide Bank's share price rises 8.9% to A$11.39 after beating expectations in 3Q. The Australian lender reported a quarterly cash profit of A$138 million. UBS says this is 12% higher than consensus hopes. It implies that Bendigo needs a profit of A$108 million in 4Q to meet market forecasts for 2H. That's likely achievable, according to analyst John Storey. \"We expect positive earnings revisions after this print,\" UBS says. Bendigo also announced two new strategic partnerships with Infosys and Genpact. UBS views these as positive, \"as regional players need to focus on tech partnerships to compensate against scale headwinds.\" It had a neutral call and a A$10.95/share price target ahead of the 3Q update. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7139":"区域性银行","BEN.AU":"BENDIGO AND ADELAIDE BANK"},"translate_title":"Bendigo&Adelaide Bank股价第三季度上涨——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BEN.AU":0.9},"content_text":"0145 GMT - Bendigo & Adelaide Bank's share price rises 8.9% to A$11.39 after beating expectations in 3Q. The Australian lender reported a quarterly cash profit of A$138 million. UBS says this is 12% higher than consensus hopes. It implies that Bendigo needs a profit of A$108 million in 4Q to meet market forecasts for 2H. That's likely achievable, according to analyst John Storey. \"We expect positive earnings revisions after this print,\" UBS says. Bendigo also announced two new strategic partnerships with Infosys and Genpact. UBS views these as positive, \"as regional players need to focus on tech partnerships to compensate against scale headwinds.\" It had a neutral call and a A$10.95/share price target ahead of the 3Q update. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 08, 2026 21:45 ET (01:45 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}