BENDIGO SHARES SOAR AS FY PROFIT RISES 4%

Bendigo and Adelaide Bank shares soared almost 7% after the lender flagged strong second-half margin expansion and a full-year profit of $418.3 million.

TheBull.com.au (Date:08/14/2017 04:44) Read full article >>

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Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital
Adelaide: Adelaide is the capital city of South Australia and the fifth-largest city in Australia. According to the 2011 census, on 9 August 2011 Adelaide had a population of 1.23 million. The demonym "Adelaidean" is used in reference to the city and its residents. Adelaide is north of the Fleurieu Peninsula
Adelaide Bank: The Adelaide Bank was a publicly listed bank with its head office in Adelaide, South Australia. In 2007 it merged with the Bendigo Bank, , and Adelaide Bank shares are no-longer quoted on the ASX. Since 2008 the merged entity has been known as the Bendigo and Adelaide Bank.