Bendigo and Adelaide Bank's financial disclosures

Bendigo and Adelaide Bank (ASX:BEN) has released its Basel III Pillar 3 disclosures for the period ending 30 September 2024. The report outlines the bank's capital adequacy, credit risk, securitisation, and liquidity coverage ratio. As of 30 September 2024, the bank's risk-weighted assets were $38,353.0 million. The report reflects the bank's commitment to transparency and compliance with regulatory standards.

Comprehensive analysis of Bendigo and Adelaide Bank's disclosures

Bendigo and Adelaide Bank's latest Basel III Pillar 3 disclosures provide a detailed view of its financial health as of 30 September 2024. The bank's capital adequacy ratios remain strong, with a Common Equity Tier 1 ratio of 10.87%. Credit risk exposure increased slightly, primarily driven by residential mortgages. The liquidity coverage ratio stood robust at 135%, ensuring the bank's ability to withstand short-term stress. The bank did not engage in new securitisation activities, and maintains a diversified funding base. Bendigo and Adelaide Bank remains committed to financial stability and regulatory compliance, focusing on customer support and sustainable growth.

Executive insights on financial performance

The structured data reflects Bendigo and Adelaide Bank's commitment to transparency in financial reporting, highlighting its stable financial position and adherence to regulatory frameworks. The bank continues to focus on supporting its customer base and maintaining a stable liquidity position amidst evolving market conditions.