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BOQ completes digital overhaul as capital returns cushion weaker earnings
8:22am on Thursday 15th of October, 2026 AEDT
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Banking and Financial Services
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BOQ completes digital overhaul as capital returns cushion weaker earnings
8:22am on Thursday 15th of October, 2026 AEDT
Key Points
Statutory profit rose 88% to $250 million, while underlying cash earnings fell 7% to $358 million
Home lending declined 8% to $52.9 billion, offset by 16% commercial lending growth
Challenger partnership released capital and supported a 15-cent special dividend and buy-back
ME migration completed, with 88% of August home-loan applications through digital channels
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Bank of Queensland (ASX:BOQ)
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