ASX Bank Shares
Bendigo Bank (ASX:BEN) share price sinks after FY22 result
The Bendigo and Adelaide Bank Ltd (ASX:BEN) share price has dropped around 9% after delivering its FY22 result.
August 15, 2022
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Bendigo and Adelaide Bank Ltd (ASX:BEN) share price has dropped around 9% after delivering its FY22 result.
The Nearmap Ltd (ASX:NEA) share price has jumped 30% after giving a FY22 update and receiving a takeover offer.
The JB Hi-Fi Limited (ASX:JBH) share price is in focus after the electronics and appliance retailer revealed another strong result in FY22.
The Baby Bunting Group Ltd (ASX:BBN) share price fell around 5% after reporting its FY22 result, which included solid profit growth.
The ResMed Inc (ASX:RMD) share price is currently down 3% despite reporting growth in FY22. It’s expecting more growth in FY23.
The Adore Beauty Group Ltd (ASX:ABY) share price has risen by more than 5%. Is a change of leadership the cause?
The Telstra Corporation Ltd (ASX:TLS) share price is on watch after reporting its FY22 result and revealing underlying growth.
The Wesfarmers Ltd (ASX:WES) share price has fallen in 2022. I think that’s one factor of why it’s a top buy.
The A2 Milk Company Ltd (ASX:A2M) share price is down 9% on some frustrating infant formula news from the US.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
Here you go: A $50,000 per year passive income special report
Join more 50,000 Australian investors who read our weekly investing newsletter and we’ll send you our passive income investing report right now.
Simply enter your email address and we’ll send it to you. No tricks. Unsubscribe anytime.
Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.