Bank of Queensland Limited (AU:BOQ) has released an update.
Bank of Queensland Limited (BOQ) has announced half-year results ending 29 February 2024, with cash earnings of $172 million and statutory earnings of $151 million. The bank has maintained a strong capital position, reflected by a robust common equity tier 1 ratio and liquidity coverage, while also declaring a 17 cent dividend per share. Despite a challenging mortgage market and external economic pressures, BOQ is focusing on strategic initiatives to strengthen, simplify, digitize, and optimize operations for future growth.
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