Bendigo and Adelaide Bank have been operating under a community banking model for around 20 years. They released a trading update at their AGM recently and their share price went ‘clunk’. Alan Kohler spoke to their CEO Mike Hirst to find out why.
Alan Kohler is one of Australia’s most respected finance reporters. For decades readers and viewers have enjoyed his expert opinion in press, television and of course on line. His writing and interviews bring a context to the issues that matter to investors, with a personality that is often missing from other financial experts. Alan started The Constant Investor to be able to directly share his passion for discovering exciting companies.