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Bank of Queensland Limited (ASX:BOQ)

ALERT: Price-sensitive ASX Announcement for BOQ
Current share price for BOQ : $6.310 -0.81 (-11.38%)+
Announcement
Release
15 Oct 2025 8:27AM
Price at Release
$7.120
Full Release
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Summary
Bank of Queensland Limited (BOQ) reported a statutory net profit after tax (NPAT) of $133 million for the fiscal year ending 31 August 2025, a 53% decrease from FY24, primarily due to one-off restructuring costs and goodwill impairments. However, cash NPAT increased by 12% to $383 million, driven by a 4% growth in both net interest income and non-interest income. The bank's strategic initiatives included simplifying operations, enhancing digital banking experiences, and focusing on high-return commercial lending over lower-return home loans. Key financial metrics improved, including an 8 basis point increase in net interest margin to 1.64% and a 70 basis point rise in cash return on equity to 6.4%. The bank maintained a strong financial position with a CET1 ratio of 10.94% and announced a fully franked final dividend of 20 cents per share. The outlook for FY26 is positive, with expectations of continued economic improvement and further support from anticipated cash rate reductions.
Key Points
  • Statutory NPAT of $133 million, down 53% from FY24 due to restructuring costs.
  • Cash NPAT increased by 12% to $383 million, driven by income growth.
  • Net interest margin increased to 1.64%, up 8 basis points.
  • Focused on high-return commercial lending over home loans.
  • CET1 ratio of 10.94%, indicating strong financial position.
  • Final dividend of 20 cents per share announced.
  • Positive outlook for FY26 with expected economic improvement.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.