Bank of Queensland hits more than one-and-a-half year high after annual profit jumps 130%

Bank of Queensland

16/10/2024 24:19

Oct 16 (Reuters) - Bank of Queensland's  BOQ.AX  shares
hit a more than one-and-a-half year high in early trade on
Wednesday after the lender posted a 130% jump in its annual
profit. 
    BOQ logged a statutory net profit after tax of A$285 million
($190.75 million) for the year ended Aug. 31, compared with
A$124 million a year earlier.

($1 = 1.4941 Australian dollars)

 (Reporting by Echha Jain in Bengaluru; Editing by Alan Barona)
 ((Echha.Jain@thomsonreuters.com))