Banking analysts are growing more confident about Bendigo and Adelaide Bank’s ability to execute its vision for growth, as CEO Marnie Baker outlined the remaining priorities of its multi-year strategy on Thursday and its shares held most of their big gains this week.
Bendigo sees itself as one of the “big banks” rather than a regional lender. Senior management is pointing to a new push into business banking, driving its popular digital bank, Up, and keeping pace in mortgages on the back of a faster approval platform being rolled out to brokers and branches.