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BOQ Boosts Cash Earnings 12% Amid Strategic Shift to Commercial Lending
8:41am on Wednesday 15th of October, 2025 AEDT
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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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BANK OF QUEENSLAND (ASX:BOQ)
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