• CET1 ratio increased to 11.37% in December 2025 from 10.93% in September 2025
• Total capital reduced to $5,914.7 million due to redemption of Tier 2 subordinated notes
• RWA decreased by 1.42% to $38,747.0 million

Bendigo and Adelaide Bank Limited (ASX:BEN) released its Basel III Pillar 3 capital disclosures for the period ended 31 December 2025. The key highlights include:- CET1 ratio increased by 44 basis points (bps) to 11.37% in December 2025, driven by an increase in net profit, a reduction in CET1 deductions, and a decrease in risk-weighted assets (RWA).- Total capital reduced to $5,914.7 million in December 2025 from $5,920.0 million in September 2025 due to the redemption of Tier 2 subordinated notes amounting to $150 million during November 2025, partially offset by the increase in CET1 capital.- RWA decreased by 0.65% to $38,747.0 million in December 2025 from $38,999.5 million in September 2025, primarily due to a decrease in credit risk RWA.- Liquidity Coverage Ratio (LCR) decreased to 135.3% in December 2025 from 136.5% in September 2025, driven by an increase in net cash outflows.- Net Stable Funding Ratio (NSFR) increased to 119.1% in December 2025 from 117.7% in September 2025, due to a reduction in required stable funding exceeding the decrease in available stable funding.