Bank of Queensland Limited (AU:BOQ) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Bank of Queensland marked its 150th anniversary with significant strategic shifts aimed at simplifying operations and improving customer experiences. Despite facing challenges such as high inflation and market competition, the bank managed a CET1 ratio of 10.7% and returned $250 million to shareholders through dividends. Additionally, BOQ is enhancing its digital security measures and compliance frameworks while committing to environmental sustainability by sourcing all electricity from renewable sources.
For further insights into AU:BOQ stock, check out TipRanks’ Stock Analysis page.
