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Bendigo And Adelaide Bank Limited

( ASX:BEN ) - Banks

News

Analyst Views

BEN – UBS rates the stock as Sell

Bendelaide’s result came in 2% above consensus thanks to a Homesafe house price mark to market, but take that out and it missed by 3%. The bank’s decision to hike its mortgage rates to above the majors has improved net interest margins but slowed down demand, the broker notes.

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