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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bendigo and Adelaide Bank's retained earnings for the quarter that ended in Dec. 2025 was A$1,373 Mil.
Bendigo and Adelaide Bank's quarterly retained earnings
declined
from Dec. 2024 (A$1,812 Mil) to Jun. 2025 (A$1,328 Mil) but then
increased
from Jun. 2025 (A$1,328 Mil) to Dec. 2025 (A$1,373 Mil).
Bendigo and Adelaide Bank's annual retained earnings
increased
from Jun. 2023 (A$1,567 Mil) to Jun. 2024 (A$1,762 Mil) but then
declined
from Jun. 2024 (A$1,762 Mil) to Jun. 2025 (A$1,328 Mil).
Bendigo and Adelaide Bank (ASX:BEN) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Bendigo and Adelaide Bank Retained Earnings Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bendigo and Adelaide Bank Retained Earnings Calculation
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of A$1,373 Mil mean?
Bendigo and Adelaide Bank (ASX:BEN) has a Retained Earnings of A$1,373 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Bendigo and Adelaide Bank and its competitors.
Is Bendigo and Adelaide Bank's Retained Earnings too high?
Bendigo and Adelaide Bank's current Retained Earnings is A$1,373 Mil. Overall, Bendigo and Adelaide Bank has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bendigo and Adelaide Bank's Retained Earnings compare to PNC and USB?
Bendigo and Adelaide Bank's Retained Earnings of A$1,373 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Banks company?
A good Retained Earnings depends on the Banks industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Bendigo and Adelaide Bank and its competitors. Bendigo and Adelaide Bank's current Retained Earnings is A$1,373 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bendigo and Adelaide Bank stock overvalued right now?
Based on GuruFocus' analysis, Bendigo and Adelaide Bank (ASX:BEN) is currently considered Fairly Valued. The stock's GF Value™ is A$11.48, compared to a current price of A$10.58 — trading 7.8% below its estimated fair value. The current Retained Earnings is A$1,373 Mil. Bendigo and Adelaide Bank's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Bendigo and Adelaide Bank (ASX:BEN), the current Retained Earnings is A$1,373 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bendigo and Adelaide Bank (ASX:BEN) Overvalued in 2026?
Based on GuruFocus' analysis, Bendigo and Adelaide Bank stock appears to be undervalued.
The current stock price of A$10.58 is trading 7.8% below its estimated GF Value™ of A$11.48.
GuruFocus considers Bendigo and Adelaide Bank to be Fairly Valued.
Key valuation signals for ASX:BEN:
Retained Earnings: A$1,373 Mil
GF Value™: A$11.48 vs. price of A$10.58 (7.8% below fair value)
No single metric tells the full story. See the ASX:BEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1858 as the Bendigo Building Society as a leading regional bank operating in the consumer, small-business, and rural banking sectors, Bendigo gained public goodwill after rolling out branches in locations deserted by major banks in the late 1990s and early 2000s. The Adelaide Bank merger in 2007 diversified the bank into wholesale banking, while expanding the geographical footprint. It is a conservatively managed retail bank with a long history, a well-regarded retail franchise, and high levels of customer and shareholder loyalty.
60GF Score
Get the complete analysis for ASX:BEN
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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