Bendigo & Adelaide Bank Ltd BEN.ASX

Bendigo & Adelaide Bank Ltd is an Australian financial services company. It was set up in 1858 and operates in Australia, catering only to Australian customers. Its head office is in Bendigo, Victoria.

As of December 2020, Bendigo & Adelaide Bank Ltd’s share price was seen at 9.43 AUD. The company is listed on the Australian Securities Exchange under the ticker BEN. Over the three years to 2020, however, its share price has seen a nearly 46% dip.

Overall, Bendigo & Adelaide Bank is known for being the fifth largest retail (or customer-focused) bank in Australia. It has well over 7,000 employees on its book, and millions of customers. One of the Bank’s major fintech partners Ferocia in 2018 was the first mobile-only digital bank in Australia which has increased its customer numbers to 250,000. It had a market capitalisation of approximately 3.3bn AUD as of late 2020, and it also manages assets of over 71.4bn AUD. It has over 7,000 employees. The company is split into three divisions — consumer banking, business banking and agribusiness banking. The firm offers products like mortgages, financial planning tools and many more.

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