NewsBite

Why Bendigo Bank shares are up sharply this month

James Eyers
James EyersSenior Reporter

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

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.

Loading...
James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Financial services

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/financial-services/why-bendigo-bank-shares-are-up-sharply-this-month-20240524-p5jg9x