Bank of Queensland: ROTE improvement looks on track

By Azib Khan

19 April 2022, 10:00 AM

Bank of Queensland (ASX:BOQ) has reported 1H22 cash earnings of $268m, 8% better than we expected. The beat was driven by credit loss provision releases and one-off revenue gains through non-interest income. An interim dividend of 22cps (ff) has been declared.

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