Down 20% since November, are Bendigo Bank shares now a buy?

Bendigo and Adelaide Bank Ltd (ASX: BEN) shares are slipping today.

Shares in the S&P/ASX 200 Index (ASX: XJO) bank stock closed yesterday trading for $10.37. In late morning trade on Wednesday, shares are swapping hands for $10.34 apiece, down 0.3%.

For some…