Bendigo and Adelaide Bank has released its Basel III Pillar 3 Disclosures for the period ended 30 June 2026, providing comprehensive information on the bank’s capital structure, risk management framework, and exposure to various categories of risk regulated by the Australian Prudential Regulation Authority. Released on 24 August, the disclosure demonstrates compliance with Prudential Standard APS 330 and reflects the updated international standards for public disclosure established by the Basel Committee on Banking Supervision, which came into effect on 1 January 2025.
This marks the first full reporting cycle under the revised APS 330 framework. The update brings Australian prudential standards into closer alignment with international best practice, enabling investors to better benchmark Bendigo and Adelaide Bank’s regulatory position against global peers and establishing more consistent disclosure across markets. The disclosures are prepared on an APRA Level 2 regulatory consolidated basis, capturing the full scope of the bank and its controlled subsidiaries as a single regulatory entity, with all information subject to formal attestation by the bank’s Chief Financial Officer and Chief Risk Officer.
The disclosure document covers multiple dimensions of the bank’s risk profile. It details the composition of regulatory capital, the bank’s risk-weighted assets across different exposure categories, and specific breakdowns of credit risk, counterparty credit risk, and securitisation exposures. Each section provides both qualitative explanation of how the bank manages these risks and quantitative data on exposure levels and capital requirements. This layered approach allows sophisticated investors to drill down into specific risk areas while giving retail investors enough context to understand the bank’s overall risk management posture.
For investors, the significance of this disclosure lies in its role as a transparent mechanism for assessing the bank’s financial resilience and regulatory standing. Banks operate within carefully calibrated prudential frameworks designed to ensure they hold sufficient capital to absorb potential losses during stressed conditions. The Pillar 3 disclosure allows the market to verify that Bendigo and Adelaide Bank maintains appropriate capital buffers and manages exposures effectively. Changes in capital ratios, the composition of risk-weighted assets, or exposure concentrations can signal important shifts in the bank’s risk profile or strategic direction.
Investors reviewing the disclosure should focus on trends in capital adequacy, any material changes in non-performing asset levels or credit quality, and the bank’s exposure concentrations across different customer and asset segments. The comparison between accounting values in the financial statements and regulatory exposures provides insight into how accounting conventions differ from prudential treatment. The next disclosure cycle concludes at 31 December 2026 and will provide an important update on how the bank has navigated the intervening period. This announcement is price sensitive and has been flagged as material by the ASX.
View the full ASX announcement (PDF)
About Bendigo and Adelaide Bank Limited (ASX: BEN)
An Australian financial institution formed by the merger of Bendigo Bank and Adelaide Bank in 2007, headquartered in Bendigo. The bank provides retail banking, business banking, and financial services including personal loans, mortgages, investment products, insurance, and superannuation through more than 400 branches. It serves retail customers and small to medium-sized businesses across Australia.
If you would like to discuss this announcement or how it might affect your portfolio, request a callback or call us on 1300 889 603.
