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BOQ Boosts Cash Earnings 12% Amid Strategic Shift to Commercial Lending

8:41am on Wednesday 15th of October, 2025 AEDT Financials
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BOQ Boosts Cash Earnings 12% Amid Strategic Shift to Commercial Lending

8:41am on Wednesday 15th of October, 2025 AEDT
Key Points
  • Statutory net profit down 53% to $133 million due to goodwill impairment and restructuring
  • Cash earnings up 12% to $383 million driven by revenue growth and cost discipline
  • Commercial lending grows 14%, home lending contracts 7% reflecting balance sheet shift
  • Net interest margin improves by 8 basis points to 1.64%
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