Bell Financial Group (BFG.AX) Stock Price

Bell Financial Group Price

ASX·CLOSED
1.54AUD-0.0050 (-0.32 %)
Market closed

Revenue has compounded at 2.8% per year over the past 19 years to 276.38 M AUD. Earnings per share have declined at 9.3% per year over the last 19 years. Bell Financial Group's net margin stands at 11.1%, down from 15.6% several years earlier. Bell Financial Group currently offers a dividend yield of about 7.42%. The payout ratio is around 119% of earnings. The dividend has grown at 6.3% per year over the past 16 years. The stock trades about 32% above its 52-week low.

Bell Financial Group stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Bell Financial Group over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Bell Financial Group stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Bell Financial Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Bell Financial Group Stock Price History
DateBell Financial Group Price
7/24/20261.54 AUD
7/23/20261.54 AUD
7/22/20261.49 AUD
7/21/20261.46 AUD
7/20/20261.46 AUD
7/17/20261.49 AUD
7/16/20261.46 AUD
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7/13/20261.48 AUD
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6/30/20261.39 AUD
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2/26/20261.50 AUD
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12/31/20251.32 AUD
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9/19/20251.27 AUD
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9/15/20251.24 AUD
9/12/20251.23 AUD
9/11/20251.25 AUD
9/10/20251.25 AUD
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9/5/20251.24 AUD
9/4/20251.23 AUD
9/3/20251.24 AUD
9/2/20251.23 AUD
9/1/20251.24 AUD
8/29/20251.27 AUD
8/28/20251.27 AUD
8/27/20251.29 AUD
8/26/20251.29 AUD
8/25/20251.24 AUD
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8/19/20251.25 AUD
8/18/20251.24 AUD
8/15/20251.23 AUD
8/14/20251.24 AUD
8/13/20251.24 AUD
8/12/20251.24 AUD
8/11/20251.24 AUD
8/8/20251.26 AUD
8/7/20251.26 AUD
8/6/20251.27 AUD
8/5/20251.26 AUD
8/4/20251.25 AUD
8/1/20251.26 AUD
7/31/20251.25 AUD
7/30/20251.25 AUD
7/29/20251.25 AUD
7/28/20251.28 AUD
Access this data via the Eulerpool API

Bell Financial Group Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
254.47 M AUD
48.14 M AUD
32.44 M AUD
Jan 1, 2020
299.33 M AUD
68.30 M AUD
46.70 M AUD
Jan 1, 2021
292.15 M AUD
64.10 M AUD
44.12 M AUD
Jan 1, 2022
237.52 M AUD
39.12 M AUD
25.69 M AUD
Jan 1, 2023
247.00 M AUD
37.54 M AUD
24.32 M AUD
Jan 1, 2024
276.38 M AUD
46.06 M AUD
30.74 M AUD
Jan 1, 2025 (e)
271.49 M AUD
0.00 AUD
36.06 M AUD
Jan 1, 2026 (e)
283.31 M AUD
0.00 AUD
40.25 M AUD

Bell Financial Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 25, 2026, 6:06 PM
 
REVENUEM AUD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM AUD
EBITM AUD
EBIT MARGIN%
NET INCOMEM AUD
NET INCOME GROWTH%
DIV.AUD
DIV. GROWTH%
SHARESM
201120122013201420152016201720182019202020212022202320242025e2026e
155.00132.00159.00155.00177.00186.00205.00220.00254.00299.00292.00237.00247.00276.00271.00283.00
-22.50-14.8420.45-2.5214.195.0810.227.3215.4517.72-2.34-18.844.2211.74-1.814.43
94.1993.9496.2397.4297.7497.8598.0597.7397.6498.3399.3297.8993.1292.0392.0392.03
146.00124.00153.00151.00173.00182.00201.00215.00248.00294.00290.00232.00230.00254.00249.40260.44
12.00-2.0010.008.0022.0025.0031.0035.0048.0068.0064.0039.0037.0046.00
7.74-1.526.295.1612.4313.4415.1215.9118.9022.7421.9216.4614.9816.67
7.00-2.006.005.0015.0016.0020.0024.0032.0046.0044.0025.0024.0030.0036.0040.00
-66.67-128.57-400.00-16.67200.006.6725.0020.0033.3343.75-4.35-43.18-4.0025.0020.0011.11
0.090.030.030.040.050.070.080.120.110.120.160.130.110.110.100.10
-25.00-66.6733.3325.0040.0014.2950.00-8.339.0933.33-18.75-15.38-9.09
263.60266.00264.40263.80264.57270.86271.66291.27318.60320.51320.45319.31318.74318.78318.78318.78
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Bell Financial Group generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Bell Financial Group retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Bell Financial Group's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Bell Financial Group has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Bell Financial Group's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Bell Financial Group stock margins

The Bell Financial Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Bell Financial Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Bell Financial Group.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2019
97.60 %
18.92 %
12.75 %
Jan 1, 2020
98.48 %
22.82 %
15.60 %
Jan 1, 2021
99.27 %
21.94 %
15.10 %
Jan 1, 2022
97.71 %
16.47 %
10.81 %
Jan 1, 2023
93.52 %
15.20 %
9.85 %
Jan 1, 2024
92.10 %
16.67 %
11.12 %
Jan 1, 2025 (e)
92.10 %
0.00 %
13.28 %
Jan 1, 2026 (e)
92.10 %
0.00 %
14.21 %

Bell Financial Group Stock Revenue, EBIT, Earnings per Share

The Bell Financial Group earnings per share therefore indicates how much revenue Bell Financial Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2019
0.80 AUD
0.15 AUD
0.10 AUD
Jan 1, 2020
0.93 AUD
0.21 AUD
0.15 AUD
Jan 1, 2021
0.91 AUD
0.20 AUD
0.14 AUD
Jan 1, 2022
0.74 AUD
0.12 AUD
0.08 AUD
Jan 1, 2023
0.77 AUD
0.12 AUD
0.08 AUD
Jan 1, 2024
0.87 AUD
0.14 AUD
0.10 AUD
Jan 1, 2025 (e)
0.85 AUD
0.00 AUD
0.11 AUD
Jan 1, 2026 (e)
0.89 AUD
0.00 AUD
0.13 AUD

Bell Financial Group business model & stock analysis

The Bell Financial Group Ltd is an Australian company that was founded in 1970. Over the years, the company has become one of the key players in the Australian financial market. The business model of Bell Financial Group is based on offering services in various segments of the financial market. These include investment banking, securities trading, asset management, and wealth management. One of the company's primary sectors is investment banking. Bell Financial Group focuses on providing financing and advisory services to companies planning for growth and expansion. Their goal is to assist clients in developing long-term strategies and acquiring capital. Securities trading is another important area for Bell Financial Group. This primarily involves trading stocks, bonds, and derivative financial instruments. The company is heavily involved in research and analysis to provide clients with informed decision-making support. In addition to securities trading, Bell Financial Group also operates asset management. The company manages assets for clients and invests in a broad range of asset classes, including stocks, bonds, real estate, and alternative investments such as hedge funds and private equity funds. Overall, Bell Financial Group offers a wide range of products and services to its clients. These include investment funds, structured products, and derivatives. Additionally, the company provides tailored wealth management services to meet the individual needs of its clients. The company is well-known for its strong position in the Australian financial market and its extensive experience in the industry. It has a broad network of relationships and partnerships and is a significant player in the Australian economy. In recent years, Bell Financial Group has focused on improving its digital platforms and services to provide an optimal customer experience. The company also has a clear growth strategy aimed at expanding its presence in other key markets such as Asia and the USA. In summary, Bell Financial Group is a leading Australian company in the financial services sector, offering a wide range of products and services. With its long history in the industry and strong position, the company is considered an important player in the Australian financial market. With a focus on customer satisfaction and growth, Bell Financial Group will continue to play an important role in the future.

Bell Financial Group SWOT Analysis

Strengths

Bell Financial Group Ltd possesses several strengths that contribute to its success in the market:

  • Strong brand reputation and recognition in the financial services industry.
  • Wide range of investment and wealth management services, offering clients diverse options.
  • Established network of experienced financial advisors, providing personalized advice.
  • Solid financial position and strong track record of growth and profitability.
  • Robust technology infrastructure enabling efficient operations and client engagement.

Weaknesses

Bell Financial Group Ltd faces certain weaknesses that could hinder its performance:

  • Dependence on market conditions, making it susceptible to fluctuations in the economy.
  • Limited geographic presence, mainly focused on domestic markets, potentially missing out on global opportunities.
  • Reliance on key personnel, with potential challenges in succession planning.
  • Regulatory and compliance risks, requiring ongoing efforts to ensure adherence to regulations.
  • Competition from larger financial institutions with greater resources and market share.

Opportunities

Bell Financial Group Ltd can leverage the following opportunities to enhance its growth:

  • Expansion into international markets, tapping into new customer segments and diversifying revenue streams.
  • Increasing demand for sustainable and socially responsible investment options.
  • Potential partnerships or acquisitions to broaden service offerings or enter new market segments.
  • Growth in the overall financial services industry due to rising wealth and investment activities.
  • Advancements in technology, enabling innovative digital solutions for client engagement and operational efficiency.

Threats

Bell Financial Group Ltd should be cautious of the following threats that could impact its performance:

  • Market volatility and economic downturns, potentially affecting investment returns and client confidence.
  • Increased regulatory scrutiny and changes, leading to higher compliance costs and operational challenges.
  • Emergence of new competitors or disruptive technologies that could disrupt the traditional financial services landscape.
  • Uncertainty surrounding geopolitical events and global trade tensions, impacting market stability.
  • Changes in investor preferences and shifting demographic trends, requiring adaptation to changing client needs.

Bell Financial Group Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Bell Financial Group historical P/E ratio, EBIT multiple, and P/S ratio

Bell Financial Group annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Bell Financial Group shares outstanding

The number of shares of Bell Financial Group was 318.78 M in 2025. This indicates how many shares Bell Financial Group is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2019
318.60 M Stocks
Jan 1, 2020
320.51 M Stocks
Jan 1, 2021
320.45 M Stocks
Jan 1, 2022
319.31 M Stocks
Jan 1, 2023
318.74 M Stocks
Jan 1, 2024
318.78 M Stocks
Jan 1, 2025 (e)
318.78 M Stocks
Jan 1, 2026 (e)
318.78 M Stocks

Bell Financial Group Dividend History

18 years of dividend payments

YearAnnual DividendYoY ChangePayments
20250.10AUD 12.5%
Mar 3, 20250.06AUD 0.0%1/2
Aug 27, 20250.04AUD 25.0%2/2
20240.11AUD 6.7%
20230.11AUD 16.7%
20220.13AUD 18.2%
20210.16AUD 29.4%
20200.12AUD 9.7%
20190.11AUD 6.1%
20180.12AUD 43.5%
20170.08AUD 21.1%
20160.07AUD 35.7%

Bell Financial Group dividend history and estimates

In 2025, Bell Financial Group paid a dividend amounting to 0.10 AUD. Dividend means that Bell Financial Group distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2019
0.11 AUD
0.00 AUD
Jan 1, 2020
0.12 AUD
0.00 AUD
Jan 1, 2021
0.16 AUD
0.00 AUD
Jan 1, 2022
0.13 AUD
0.00 AUD
Jan 1, 2023
0.11 AUD
0.00 AUD
Jan 1, 2024
0.11 AUD
0.00 AUD
Jan 1, 2025
0.10 AUD
0.00 AUD
Jan 1, 2026 (e)
0.00 AUD
0.10 AUD

Bell Financial Group dividend payout ratio

In 2025, Bell Financial Group had a payout ratio of 88.40%. The payout ratio indicates the percentage of the company's profits that Bell Financial Group distributes as dividends.
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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2019
108.76 %
Jan 1, 2020
83.34 %
Jan 1, 2021
114.12 %
Jan 1, 2022
159.91 %
Jan 1, 2023
140.42 %
Jan 1, 2024
118.55 %
Jan 1, 2025 (e)
88.40 %
Jan 1, 2026 (e)
79.21 %
Price targets and forecasts for Bell Financial Group are not yet available.

Bell Financial Group Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/14/20240.06AUD128.07 MAUD2023 Q4

Bell Financial Group shareholder structure

% Name
45.91172%
Bell Group Holdings Pty. Ltd.
Bell Group Holdings Pty. Ltd.
5.11331%
DCM Bluelake Partners Pty Ltd.
DCM Bluelake Partners Pty Ltd.
1.86338%
Provan (David Alastair)
Provan (David Alastair)
1.54659%
Bell (Lewis M)
Bell (Lewis M)
1.22103%
Selvarajah (Anand)
Selvarajah (Anand)
1.01953%
Morson Holdings Pty. Ltd.
Morson Holdings Pty. Ltd.

Bell Financial Group Executives and Management Board

DP

Mr. David Provan

Non-Executive Director · since 2023

Compensation1.02 M AUD
DD

Mr. Dean Davenport

Co-Chief Executive Officer · since 2023

Compensation638,700.00 AUD
RF

Mr. Rowan Fell

Chief Executive Officer - Bell Potter Capital Ltd

Compensation530,000.00 AUD
AB

Mr. Andrew Bell

Director

Compensation518,224.00 AUD
LB

Mr. Lewis Bell

Head of Compliance

Compensation389,502.00 AUD

Bell Financial Group Supply Chain

Bell Financial Group Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
5 companies
#Name1M3M6M1Y2YTrend
1
0.19
0.19
0.89
0.85
0.52
2
0.24
0.20
0.59
0.35
0.39
#Name1M3M6M1Y2YTrend
1
Pantoro
Supplier
0.36
0.16
0.65
-0.26
-0.15
2
Norwest Energy
Supplier
0.23
-0.04
-0.83
-0.65
-0.09
3
0.07
-0.25
-0.59
-0.56
0.07

Frequently asked questions about Bell Financial Group

The business model of Bell Financial Group Ltd centers around providing comprehensive financial services to clients. As a leading stockbroking, investment, and advisory firm, Bell Financial Group caters to the diverse needs of individual, institutional, and corporate investors. They offer a wide range of financial solutions, including stockbroking, financial planning, corporate finance, research, and institutional dealing services. With a strong emphasis on personalized service, Bell Financial Group aims to deliver tailored investment strategies and advice, ensuring clients can make informed decisions. Committed to excellence and continued innovation, Bell Financial Group Ltd strives to be a trusted partner in the ever-evolving financial industry.