Bendigo and Adelaide Bank Limited (BEN) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Bendigo and Adelaide Bank 2026 half-year results briefing. All participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. I would now like to hand the conference over to Sam Miller, General Manager, Investor Relations. Please go ahead. Thanks, Rocco. Good morning everyone and thanks for joining us for Bendigo and Adelaide Bank's 2026 half year results briefing. Let me begin today by acknowledging the traditional owners of the lands on which we meet today, the Gadigal people of the Eora Nation. I pay my respects to their elders past, present and emerging. And I also extend my respects to the Aboriginal and Torres Strait Islander people who are present on the call today. Moving towards the agenda, there's been a minor change to our presentation today and we will broadcast audio and slides only. Our CFO Andrew Morgan has tested positive to COVID and our CEO Richard Bunnell will present the first half of 2026 results with Richard and I handling the Q&A. I'll now hand over to Richard. Thanks Sam and good morning everyone and appreciate you taking the time to join us today. Our half year result reflects a period of intensive strategic execution, disciplined margin management and a significant reduction in operating costs in the second quarter of the half. We've taken a patient approach to deliver against our strategic priorities which is strengthening our business. These actions are delivering momentum that is building and is expected to deliver stronger balance sheet growth in the second half. Our customer numbers continue to grow strongly and are expected to reach 3 million in Q4. This ...