Bendigo and Adelaide Bank Ltd operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bendigo and Adelaide Bank Ltd with three other
banks in Australasia:
Heartland Group Holdings Ltd
of NEW ZEALAND
(2020
sales of 366.69 million New Zealand Dollars [US$261.74 million]
of which 17%
was Business),
Kina Securities Ltd
(285.71 million Australian Dollars [US$220.29 million]
of which 99%
was Banking), and
Bank of Queensland Limited
(1.95 billion Australian Dollars [US$1.51 billion]
of which 30%
was BOQ Business).
Sales Analysis.
During the second
fiscal
quarter of 2021, sales at Bendigo and Adelaide Bank Ltd totalled
A$1.09 billion.
This is a drop of 18.3%
from the A$1.33 billion in sales at the company during the second quarter in 2020.
Bendigo and Adelaide Bank Ltd reported sales of A$2.53 billion (US$1.95 billion)
for the
fiscal
year ending
June of 2020.
This
represents
a
decrease of 13.9%
versus 2019, when the company's sales were A$2.95 billion.
Contributing to the drop in overall sales was the 8.9% decline
in Business, from A$362.70 million to A$330.60 million.
There were also decreases in sales in
Agribusiness (down 2.5% to A$173.60 million)
.
However, these declines were partially offset by the increase in sales of
Consumer (up 8.4% to A$1.08 billion)
and
Corporate Support/central Functions (up 68.7% to A$49.10 million)
.