Bendigo and Adelaide Bank (ASX BEN) is the fifth largest commercial bank in Australia with its roots in Victoria and Queensland. Despite regulatory pressures from the Australian Prudential Regulatory Authority (APRA), BEN has the capacity to increase its net profit via reducing deposit interest rate and taking a larger market share in the home loan market. The Bendigo Bank share price is a potential bank share to buy as they are mostly outside of the banking royal commission crosshairs with strong growth.
Henry is a co-founder of MF & Co. Asset Management with over 12 years experience as a trader, investor and asset manager. Henry’s focus is on High Net Worth Wealth Management and using algorithmic quantitative trading systems to invest for his clients. Henry also trains new Interns and Advisers on trading and risk management.