Originated 150 years ago in two of the great Australian communities, Adelaide in South Australia and Bendigo in Victoria, this bank is now a top 60 ASX listed company.
It is owned by more than 90,000 shareholders. It was founded in 1858, but it merged with Adelaide Bank in 2007 to get the name changed to Bendigo and Adelaide Bank. It has around 4400 employees, who serve about 1.5 million customers in about 500 communities Australia-wide. Bank operates a number of brands which offer a diverse range of services and products such as deposit taking, lending, superannuation and funds management, leasing finance, treasury and foreign exchange services, insurance, financial advisory and trustee services that can satisfy all our customers' needs and wants. The company operates through four major segments: Retail Banking, Wealth, Third Party Banking, and Rural Bank. The CEO of the bank is Michael Hirst. It is ranked 1,444 in Forbes Global 2000. Forbes calculate Global 2000 by compiling a composite score for each company based on their rankings for profits, sales, assets and market value. The highest composite score gets the highest rank and then the ranking of Forbes 2000 is done in descending order. It is ranked ninth based on its total assets figure and has a market capitalization of $ 4.3 billion.