Brief: Bank Of Queensland Posts HY Revenues From Ordinary Activities Of A$796 Million

Bank of Queensland

17/04/2024 02:12

April 17 (Reuters) - Bank of Queensland Ltd  BOQ.AX :
    * HY REVENUES FROM ORDINARY ACTIVITIES DOWN 12% TO A$796
MILLION
    * INTERIM ORDINARY DIVIDEND OF 17 AU CENTS DECLARED
    * GROUP’S CET1 RATIO DECREASED BY 15 BASIS POINTS DURING
2H23 TO
10.76 PER CENT.
    * SEES FY24 LOAN IMPAIRMENT EXPENSE TO INCREASE BACK TOWARDS
LONG
RUN AVERAGES
    * SEES BUSINESS CREDIT GROWTH MAY EASE A LITTLE FURTHER IN
THE
NEXT HALF
    * SEES CONTINUED STRONG COMPETITION FOR HOME LENDING IN FY24
    * SEES HOUSING CREDIT WILL LIKELY MODESTLY PICKUP OVER NEXT
YEAR

Further company coverage:  BOQ.AX 

 ((Reuters.Briefs@thomsonreuters.com;))