Highlights

  • Bendigo and Adelaide Bank Ltd approaches the 1 December 2026 ex-date for its scheduled AUD 1.374 interim payment.
  • The upcoming distribution carries 100% franking and is scheduled for payment on 14 December 2026.
  • FY26 cash Earnings AUD 530.2m, statutory net profit AUD 375.1m.
  • Bendigo and Adelaide Bank Ltd enters its next reporting period with company-specific Business and capital-management priorities.

Bendigo and Adelaide Bank’s full-year figures put deposit growth and cost discipline at the centre of its latest performance. For the year ended 30 June 2026, the bank reported cash earnings of AUD 530.2 million and statutory net profit after tax of AUD 375.1 million. The banking results provide corporate context for BENPI holders, whose indicated December distribution relates to a separate security line. Bendigo and Adelaide Bank Ltd (ASX:BENPI) is approaching its next interim distribution, with an AUD 1.374 payment per security marked ex-dividend on 1 December 2026 and payable on 14 December 2026. The indicated franking level is 100%, and at an AUD 105.571 security price the listed distribution Yield is 1.30%. These dates and figures relate specifically to BENPI; they should not be confused with dividends or distributions for other securities issued by the same corporate group.

Corporate Developments Set the Context

Cash earnings increased 3.0% across the full year and 6.8% in the second half. Management linked the improvement to the growing contribution of lower-cost deposits and its strategy to develop stronger customer relationships. Expenses in the second half were lower than in the first, reflecting early productivity-program benefits and a shorter reporting period.

Financial Performance and Capital Management

For ordinary shareholders, Bendigo declared a fully franked final Dividend of 33 cents per share. That ordinary dividend is distinct from the BENPI distribution scheduled in this article. Treating them separately is essential: the corporate result, ordinary Equity dividend and instrument-specific payment are related to the same banking group but do not represent interchangeable cash entitlements.

Next Milestones and Outlook

The bank’s next operating priorities remain deposit quality, productivity and delivery of its strategic agenda. Investors can assess subsequent disclosures against the FY26 benchmark, particularly changes in customer deposits, lending margins and expenses. No future level of bank earnings or BENPI distributions can be inferred solely from the announced payment timetable.

Why the Distribution Timetable Matters

The BENPI ex-dividend date of 1 December 2026 is the first key date in the stated timetable, followed by the payment date of 14 December 2026. The indicated AUD 1.374 amount and 100% franking describe this particular distribution rather than an annualised guarantee. At the stated AUD 105.571 price, the listed yield is 1.30%. Those measures should be read together with the latest company results, any applicable security terms and the reporting period to which the operating numbers relate. An announced payment cannot establish the level or timing of later distributions.