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BOQ — Bank of Queensland News Story

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Australia's Bank of Queensland gains as FY earnings rises

Updates

** Bank of Queensland BOQ.AX rises as much as 4.5% to A$7.440; marks biggest intraday pct gain since April 17

** Stock hits highest since August 28

** Lender posts cash earnings after tax for full year ended August 31 at A$383 mln ($248.6 mln), a 12% increase from pcp

** UBS says co's results mostly in line with consensus estimates

** Adds it's clear bank shifting toward more focussed, streamlined organisation

** Bank of Queensland to pay fully-franked final dividend of 20 Au cents/share

** YTD, BOQ gains 9.7%

($1 = A$1.5404)

 (Reporting by Nichiket Sunil & Rajasik Mukherjee in Bengaluru)

 ((nichiket.sunil@thomsonreuters.com))

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