It’s time to buckle up for a big few days of bank earnings.
National Australia Bank, Westpac, ANZ and Bendigo and Adelaide Bank are all set to report to the market this week – providing a check-up on how the economy is tracking.
And it’ll be all eyes on Bendigo Bank in particular, which has dropped out of the race to buy industry super-owned lender ME Bank, as we reveal tonight.
Fundies and analysts will be asking Bendigo why it’s bailed on ME Bank when it reports on Monday, and it leaves a two-horse race in the auction. We’ve got the details on how it’s shaping up.