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Bank of Queensland Profit Soars Despite Revenue Dip

Bank of Queensland Limited (AU:BOQ) has released an update.

Bank of Queensland Limited reports a substantial surge in profit, with a 3675% increase to $151 million for the half-year period ending 29 February 2024, despite a 12% drop in revenues. Shareholders were rewarded with fully franked dividends, including an interim ordinary dividend of 17 cents paid in May.

For further insights into AU:BOQ stock, check out TipRanks’ Stock Analysis page.

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