Brief: Bank Of Queensland Says Portfolio Quality Is Sound

Bank of Queensland

16/10/2024 01:33

Oct 16 (Reuters) - Bank of Queensland Ltd  BOQ.AX :
    * PORTFOLIO QUALITY IS SOUND WITH LOW LOAN IMPAIRMENT
EXPENSE AND
PRUDENT PROVISIONING COVERAGE
    * CET1 RATIO 10.66% AS AT FY-END
    * REMAINS OPTIMISTIC ON LONG-TERM VIEW
    * FY NET INTEREST INCOME OF A$1,463 MILLION
    * CAPITAL IS EXPECTED TO REMAIN IN MANAGEMENT TARGET RANGE
OF
10.25 - 10.75%
    * FY NET INTEREST MARGIN WAS 1.56%

Further company coverage:  BOQ.AX 

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