Bendigo and Adelaide Bank Reports Lapse of 57,544 Performance Rights

Bendigo & Adelaide Bank ( (AU:BEN) ) has provided an update.

Bendigo and Adelaide Bank has notified the market of the lapse of 57,544 performance rights, which have ceased because the conditions attached to those rights were not met or became incapable of being satisfied as of 31 March 2026. The cessation of these performance rights reflects an adjustment to the bank’s issued capital and may indicate that certain performance or service hurdles linked to executive or employee incentive arrangements were not achieved, with implications for equity-based compensation but limited immediate impact on ordinary shareholders.

The most recent analyst rating on (AU:BEN) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.

More about Bendigo & Adelaide Bank

Bendigo and Adelaide Bank Limited is an Australian financial institution operating in the banking and financial services industry. Listed on the ASX under the code BEN, it provides a range of retail and commercial banking products to customers across Australia, including deposit accounts, lending services, and related financial solutions.

Average Trading Volume: 1,876,642

Technical Sentiment Signal: Hold

Current Market Cap: A$5.85B

For a thorough assessment of BEN stock, go to TipRanks’ Stock Analysis page.