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Bank of Queensland shares fell nearly 5% on Wednesday, as the lender cut its dividend after annual profit plunged by about 70% amid depressed mortgage lending, and flagged margin pressure.
Bank of Queensland Ltd said on Wednesday it had entered into separate undertakings with the country's financial crime and prudential regulators to comply with anti-money laundering and counter ...
Feb 2 (Reuters) - Bank of Queensland BOQ.AX said on Friday it has agreed to sell its New Zealand asset portfolio to UDC Finance, as a part of its efforts to streamline the bank's operating model.
Bank of Queensland had AUD 1.1 billion of TFF maturities remaining as of February 2024, with most maturities in fourth quarter fiscal 2024.
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Why Bank of Queensland shares are now playing catch-up by cutting - MSN
Bank of Queensland Ltd (ASX: BOQ) shares have drifted higher in the past month, up 2%. The bank is making headlines today with a bold move to cut up to 600 jobs. Whilst the update isn't price ...
Bank of Queensland is making sensible moves, but with no competitive advantage, we think the loan growth, margins, and cost savings needed to generate above-cost-of-equity returns will prove elusive.
The Australian bank's shares rose as much as 4.5% to A$7.170, hitting their highest level since February 15, 2023, and were last up about 3.4%. The stock is on track to log its third consecutive ...
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