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Director, RaaS Research Group, Research as a Service (RaaS)

RaaS Research Group (RaaS)

Director, RaaS Research Group

Equity Bottom-Up

<ul><li>Bell Financial Group Ltd (ASX:BFG) is a diversified provider of financial products and software solutions within, and increasingly outside, its traditional full-service stockbroking business.</li><li>BFG has provided a trading update for the 11 months to November 2025, with group PBT well above RaaS estimates.</li><li>Technology & Platforms and Products & Services PBT combined was 24% above the previous corresponding period (pcp) (RaaS +15% for FY25), an acceleration on the H1 FY25 growth rate (+16%).</li></ul>

Bell Financial Group Ltd (ASX:BFG) is a diversified provider of financial products and software solutions within, and increasingly outside, its traditional full-service stockbroking business.BFG has provided a trading update for the 11 months to November 2025, with group PBT well above RaaS estimates.Technology & Platforms and Products & Services PBT combined was 24% above the previous corresponding period (pcp) (RaaS +15% for FY25), an acceleration on the H1 FY25 growth rate (+16%).

Bell Financial Group Ltd - Boom times are back