It's a big day for two of the smaller S&P/ASX 200 Index (ASX: XJO) bank stocks today.
As well as for their shareholders.
Following the release of their full year FY 2026 earnings results, one of the bank stocks is racing ahead of the 0.3% gains posted by the ASX 200 in late morning trade on Tuesday, while the other is falling hard.
Here's what's grabbing investor attention.
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Bendigo and Adelaide Bank Ltd (ASX: BEN)
Turning to the falling ASX 200 bank stock first, Bendigo Bank shares are down a sharp 8.2% at the time of writing, trading for $10.24 apiece.
Highlights from the company's FY 2026 results included a 3% year-on-year increase in after-tax cash earnings to $530.2 million.
While the bank's net interest margin (NIM) slipped from the 1.98% reported for the first half of the year to 1.95% for the full year, the company achieved a statutory net profit after tax (NPAT) of $375.1 million.
But investors look to be pressuring Bendigo Bank shares today amid ongoing regulatory issues.
As the Motley Fool's James Mickleboro reported, "Bendigo and Adelaide Bank is facing new APRA-imposed licence conditions following a review of its non-financial risk management."
Commenting on risk management issues, Bendigo Bank CEO Richard Fennell said:
Our current non-financial risk management capabilities are clearly not where they need to be, and our risk rectification plan will be designed to drive a fundamental shift in our management of non-financial risk.
Which brings us to…
ASX 200 bank stock Judo Capital Holdings Ltd (ASX: JDO)
Judo Bank also reported its FY 2026 results today, with investors responding very positively.
At the time of writing Judo shares are changing hands for $1.01 apiece, putting the ASX 200 bank stock up 9.9% for the day.
Highlights for the financial year just past included a 24% increase in deposits to $12.2 billion.
And Judo managed to increase its NIM by 0.20% from FY 2025 to 3.13%.
On the bottom line, Judo Bank achieved a 29% year-on-year increase in statutory NPAT to $111.1 million.
And the ASX 200 bank stock looks to be catching tailwinds after reaffirming its FY 2027 profit before tax guidance in the range of $210 million to $220 million. That represents an increase of 25% to 31% from FY 2026. Judo also forecast stable NIM for the financial year ahead.
"We have a proven customer value proposition, our balance sheet remains strong, and we remain on course to deliver a return on equity in the low-to-mid teens," Judo Capital CEO Chris Bayliss said.
