BXRBF (Bendigo and Adelaide Bank) Shares Outstanding (Diluted Average): 637 Mil (As of Dec. 2025)

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BXRBF Bendigo and Adelaide Bank Ltd BXRBF
51 GF Score
Price $7.71
GF Value $8.17
Valuation Fairly Valued
! 6 Warning Signs
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What is Bendigo and Adelaide Bank Shares Outstanding (Diluted Average)?

Bendigo and Adelaide Bank BXRBF +5.33% 51 Shares Outstanding (Diluted Average) is 637 Mil as of Dec. 2025. GuruFocus rates BXRBF with a GF Score™ of 51/100 and a GF Value™ of $8.17 (Fairly Valued). The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Bendigo and Adelaide Bank's average diluted shares outstanding for the quarter that ended in Dec. 2025 was 637 Mil.


Bendigo and Adelaide Bank  (OTCPK:BXRBF) Shares Outstanding (Diluted Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Bendigo and Adelaide Bank Shares Outstanding (Diluted Average) Related Terms


Bendigo and Adelaide Bank Shares Outstanding (Diluted Average) Historical Data

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The historical data trend for Bendigo and Adelaide Bank's Shares Outstanding (Diluted Average) can be seen below:

* 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 Shares Outstanding (Diluted Average) Chart

Bendigo and Adelaide Bank Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 657.14 649.60 661.97 662.91 565.65

Bendigo and Adelaide Bank Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (Diluted Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 665.39 660.44 636.45 565.69 636.74
BXRBF
51GF Score
Bendigo and Adelaide Bank Ltd BXRBF
Shares Outstanding (Diluted Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Bendigo and Adelaide Bank Shares Outstanding (Diluted Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Diluted Average) of 637 Mil mean?
Bendigo and Adelaide Bank (BXRBF) has a Shares Outstanding (Diluted Average) of 637 Mil as of Dec. 2025. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Bendigo and Adelaide Bank and its competitors.
Is Bendigo and Adelaide Bank's Shares Outstanding (Diluted Average) too high?
Bendigo and Adelaide Bank's current Shares Outstanding (Diluted Average) is 637 Mil. Overall, Bendigo and Adelaide Bank has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bendigo and Adelaide Bank's Shares Outstanding (Diluted Average) compare to PNC and USB?
Bendigo and Adelaide Bank's Shares Outstanding (Diluted Average) of 637 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 Shares Outstanding (Diluted Average) for a Banks company?
A good Shares Outstanding (Diluted Average) depends on the Banks industry context. However, Shares Outstanding (Diluted Average) 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 Shares Outstanding (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Bendigo and Adelaide Bank and its competitors. Bendigo and Adelaide Bank's current Shares Outstanding (Diluted Average) is 637 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 (BXRBF) is currently considered Fairly Valued. The stock's GF Value™ is $8.17, compared to a current price of $7.71 — trading 5.6% below its estimated fair value. The current Shares Outstanding (Diluted Average) is 637 Mil. Bendigo and Adelaide Bank's overall GF Score™ is 51/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Bendigo and Adelaide Bank (BXRBF), the current Shares Outstanding (Diluted Average) is 637 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 (BXRBF) Overvalued in 2026?

Based on GuruFocus' analysis, Bendigo and Adelaide Bank stock appears to be undervalued. The current stock price of $7.71 is trading 5.6% below its estimated GF Value™ of $8.17. GuruFocus considers Bendigo and Adelaide Bank to be Fairly Valued.

Key valuation signals for BXRBF:

  • Shares Outstanding (Diluted Average): 637 Mil
  • GF Value™: $8.17 vs. price of $7.71 (5.6% below fair value)
  • GF Score™: 51/100 with 6 warning signs

No single metric tells the full story. See the BXRBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bendigo and Adelaide Bank Business Description

Address 22-44 Bath Lane, The Bendigo Centre, Bendigo, VIC, AUS, 3550
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.
51GF Score

Get the complete analysis for BXRBF

Shares Outstanding (Diluted Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.71
Price
$8.17
GF Value