News: BOQ Bank Of Queensland Posts HY Revenues From Ordinary Activities Of A$796 Million

April 17 (Reuters) - Bank of Queensland Ltd (BOQ) :

• HY REVENUES FROM ORDINARY ACTIVITIES DOWN 12% TO A$796 MILLION
• INTERIM ORDINARY DIVIDEND OF 17 AU CENTS DECLARED
• GROUP’S CET1 RATIO DECREASED BY 15 BASIS POINTS DURING 2H23 TO 10.76 PER CENT.
• SEES FY24 LOAN IMPAIRMENT EXPENSE TO INCREASE BACK TOWARDS LONG RUN AVERAGES
• SEES BUSINESS CREDIT GROWTH MAY EASE A LITTLE FURTHER IN THE NEXT HALF
• SEES CONTINUED STRONG COMPETITION FOR HOME LENDING IN FY24
• SEES HOUSING CREDIT WILL LIKELY MODESTLY PICKUP OVER NEXT YEAR

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