FINWIRES · TerminalLIVE
FINWIRES

Bendigo and Adelaide Bank Fiscal Year 2026 Earnings to Stay Flat as Investors Focus on Returns, Jefferies Says

By

Bendigo and Adelaide Bank (ASX:BEN) is expected to report flat fiscal 2026 earnings, with returns still below the cost of capital, Jefferies said in a note on Wednesday.

Investors will closely monitor how the bank balances growth, margins and capital. The bank is due to release its annual results on Aug. 24.

The market will also be looking out for updates on the sustainability of business lending growth, fiscal year 2027 margin drivers, agricultural loan quality, and whether surplus capital can help lift returns closer to management's target of above 10% return on equity.

Jefferies projects cash earnings of $518 million, up 1% year-on-year and in line with Visible Alpha estimates.

The brokerage maintained its hold rating on Bendigo and Adelaide Bank and raised its price target to AU$10.32 from AU$10.13.

Related Articles

Asia

India's Market Regulator Eyes Depository Receipt Framework for REITs, Public InvITs

India's market regulator has proposed allowing real estate investment trusts (REITs) and publicly listed infrastructure investment trusts (InvITs) to issue depository receipts, according to a consultation paper published on Tuesday.The Securities and Exchange Board of India (SEBI) is proposing an enabling framework for the issuance of depository receipts backed by units of REITs and publicly listed InvITs.The regulator said the instruments would allow foreign investors to trade the securities in foreign currency on permitted international exchanges.SEBI proposed amending the REIT and InvIT regulations to permit such issuances and plans to introduce a detailed framework through a separate circular.Public comments on the consultation paper are invited until Aug. 25.

^BSENifty 50
Asia

Sharetronic Data Technology Adds 150 Million Yuan in Related Party Deals

Sharetronic Data Technology (SHE:300857) said its board approved 150 million yuan in new 2026 related-party transactions with Cheng Uei Precision for Internet of Things smart terminal product sales.This raised the annual total to 350 million yuan, according to a Wednesday filing with the Shenzhen bourse.Shares of the wireless telecommunication equipment manufacturer rose 6% in recent trade.

SHE:300857
Asia

Helens International Forecasts Lower Net Profit in H1

Helens International (SGX:HLS, HKG:9869) expects to book a net profit of up to 16 million yuan, compared with an adjusted net profit of 50.3 million yuan a year earlier.Meanwhile, the company expects a revenue of up to 260 million yuan in the first half of the year, compared to 291.2 million yuan a year earlier, according to a Tuesday filing with the Singapore Exchange.The decrease in revenue is mainly due to a decline in the number of self-operated bars during the period.

HKG:9869SGX:HLS