Michael Hirst - Bendigo CEO, Managing Director, Executive Director

BXRBF Stock  USD 6.30  0.00  0.00%   

CEO

Mr. Michael John Hirst is Chief Executive Officer of Bendigo And Adelaide Bank Limited. He is no longer Managing Director of the company effective 1 July 2018. He was appointed as Managing Director and Chief Executive Officer of the Bank in 2009. Skills, experience and expertise Mike joined the Group in 2001. Mike has extensive experience in banking, treasury, funds management and financial markets, including previous senior executive and management positions with Colonial Limited, Chase AMP Bank Limited and Westpac Banking Corporationrationration. Board committees Mike has a standing invitation to attend meetings of all Board committees. He is not a member of these Board committees. Group and joint venture directorships Rural Bank Limited Other director and memberships Member, Business Council of Australia and Financial Sector Advisory Council Deputy Chairman, Australian Bankers Association Council Acting Chairman, Racing Victoria Limited Member, MasterCard Advisory Board. since 2018.
Age 59
Tenure 6 years
Phone61 3 5445 0666
Webhttps://www.bendigoadelaide.com.au
Hirst has experience in banking, treasury, funds management and financial markets, including from previous senior executive and management positions with Colonial Ltd, Chase AMP Bank and Westpac. He is Director of Treasury Corporationration of Victoria, Member of the Australian Government Financial Sector Advisory Council, Member of the Business Council of Australia and a Councillor of the Australian Bankers' Association. He holds a Bachelors degree from The University of Melbourne.

Bendigo Management Efficiency

Bendigo's management efficiency ratios could be used to measure how well Bendigo manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 5.38 B in total debt. Debt can assist Bendigo until it has trouble settling it off, either with new capital or with free cash flow. So, Bendigo's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bendigo and Adelaide sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bendigo to invest in growth at high rates of return. When we think about Bendigo's use of debt, we should always consider it together with cash and equity.

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Bendigo and Adelaide Bank Limited provides banking and financial products and services to retail customers and small to medium sized businesses in Australia. The company was founded in 1858 and is headquartered in Bendigo, Australia. Bendigo Adelaide operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 4483 people. Bendigo and Adelaide [BXRBF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Bendigo and Adelaide Leadership Team

Elected by the shareholders, the Bendigo's board of directors comprises two types of representatives: Bendigo inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bendigo. The board's role is to monitor Bendigo's management team and ensure that shareholders' interests are well served. Bendigo's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bendigo's outside directors are responsible for providing unbiased perspectives on the board's policies.
Vicki Carter, Non-Executive Director
Alexandra Tullio, Head of State Distribution - Retail
Marnie Baker, Executive of Banking and Wealth
Robert Johanson, Independent Non-Executive Chairman of the Board
Michael Hirst, CEO, Managing Director, Executive Director
Andrew Watts, Executive - Business Change
Dennis Bice, Executive - Retail Banking
Taso Corolis, Chief Risk Officer
MSc BCom, Chief Officer
Jan Harris, Non-Executive Director
Andrew Morgan, Chief Officer
Jacqueline Hey, Independent Non-Executive Director
Stella Thredgold, Executive - Corporate Resources
Karen McRae, Head Relations
David Matthews, Independent Non-Executive Director
MAICD BSc, Partnerships, Bank
John Billington, Executive - Bendigo Wealth
Robert Hubbard, Independent Director
BEc CA, Chief Banking
Robert Musgrove, Executive Community Engagement
James Frost, Head PR
Louise Tebbutt, Chief Officer
Antony Robinson, Independent Non-Executive Director
Alexandra Gartmann, Executive - Agribusiness Division
Tim Piper, Executive of Risk
Deborah Radford, Independent Non-Executive Director
James Hazel, Independent Non-Executive Director
Bruce Speirs, Partner Connection Business
BBus ASA, MD CEO
Richard Fennell, CFO, Executive - Finance & Treasury

Bendigo Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Bendigo a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Bendigo

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bendigo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bendigo will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bendigo Pink Sheet

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Moving against Bendigo Pink Sheet

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The ability to find closely correlated positions to Bendigo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bendigo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bendigo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bendigo and Adelaide to buy it.
The correlation of Bendigo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bendigo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bendigo and Adelaide moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bendigo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bendigo and Adelaide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Bendigo and Adelaide information on this page should be used as a complementary analysis to other Bendigo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running Bendigo's price analysis, check to measure Bendigo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bendigo is operating at the current time. Most of Bendigo's value examination focuses on studying past and present price action to predict the probability of Bendigo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bendigo's price. Additionally, you may evaluate how the addition of Bendigo to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Bendigo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bendigo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bendigo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.