Bendigo and Adelaide Bank Limited (BEN) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Thanks for joining us for Bendigo Bank's twenty twenty six full year results briefing. Let me begin today by acknowledging the traditional owners of the lands in which we meet today, the Gadigal people of the Eora nation. And I pay my respects to their elders past, present, and emerging. I also extend my respects to the Aboriginal and Torres Strait Islander people who are present on the call today. Following our recent results announcement on the August 18, we have slightly adjusted our approach to the result presentation today. Richard will start with a high level overview of the key performance highlights. He'll run through the strategic deliverables and an update on the AMLCTF program. Andrew will then step through the audited financial performance and provide an overview of our credit position within the current macro environment. We'll then move on to Q and A. I'll now hand over to Richard. Thanks Sam and good morning everyone and thanks for taking the time to join us today. We recognize our market release on the August 18 provided a number of updates, including unaudited statutory profit and financial metrics. So today, I'd like to provide some more detail in relation to our strategic progress and risk programs. Our full year result demonstrates our ongoing disciplined approach to driving targeted business growth and delivery against our strategic agenda. Cash earnings have again improved this half benefiting from continued growth in lower cost deposits supporting margin expansion. Our second half expenses were down reflecting the benefits from phase one of our productivity program and fewer days in the second half. We have regained lending momentum following a return to growth in our residential lending book in half two. Our key differe...