BENDIGO BANK SHARES SURGE

Shares in Bendigo and Adelaide Bank jumped after it posted a 4.2% rise in full year cash earnings to $418.3 million. A short time ago, the shares were up 5.4% to $11.87. Income rose 3.5% to $1.6 billion. Net interest margins improved in the second half, up 8 basis points to 2.34%. "The bank has experienced above system growth, indicating our focus on providing our customers with the leading experience in financial services is working," says...

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Australia: Australia istrelj, -, -i,[10][11] officially the Commonwealth of Australia,[12] is a country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the world's sixth-largest country by total area. Neighbouring countries include Indonesia, Eas
- Australia Wikipedia
Business: A business is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to provide service to customers for profit. Businesses may also be not-for-profit or state-owned.
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
Income: Income is the consumption and savings opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. However, for households and individuals, "income is the sum of all the wages, salaries, profits, interests payments, rents and other forms of earnings r
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
Insider: An insider is a member of any group of people of limited number and generally restricted access. The term is used in the context of secret, privileged, hidden or otherwise esoteric information or knowledge: an insider is a "member of the gang" and as such knows things only people in the gang know.
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Bendigo: Bendigo bndo is a major regional city in the state of Victoria, Australia, located very close to the geographical centre of the state and is approximately 150 kilometres north west of the state capital Melbourne. With an urban population of 82,794, it is the fourth largest inland city in Australia
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.