BANK OF QUEENSLAND LIMITED (BOQ)
Share Price Analysis and Chart

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BOQ

BOQ - BANK OF QUEENSLAND LIMITED

FNArena Sector : Banks
Year End: August
GICS Industry Group : Banks
Debt/EBITDA: N/A
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Bank of Queensland is an Australian retail bank headquarted in Brisbane. It was formed in 1874 as a building society and adopted its current name in 1970, before listing on the ASX in 1972.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$6.45

18 Dec
2025

0.040

OPEN

$6.40

0.62%

HIGH

$6.46

1,756,180

LOW

$6.38

TARGET
$6.58

+0.03 change from previous day

 2.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AFG . ANZ . BEN . CBA . HLI . MYS . NAB . RMC . SUN . WBC .
FNARENA'S MARKET CONSENSUS FORECASTS
BOQ: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 20.2 55.6 xxx
DPS (cps) xxx 38.0 38.8 xxx
EPS Growth xxx - 53.4% 100.0% xxx
DPS Growth xxx 11.8% 2.1% xxx
PE Ratio xxx N/A 11.8 xxx
Dividend Yield xxx N/A 5.9% xxx
Div Pay Ratio(%) xxx 188.0% 69.8% xxx

Dividend yield today if purchased 3 years ago: 5.57%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.78

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 02/05 - ex-div 17c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx20.2
DPS All xxxxxxxxxxxxxxx38.0
Sales/Revenue xxxxxxxxxxxxxxx5,194.0 M
Book Value Per Share xxxxxxxxxxxxxxx898.4
Net Operating Cash Flow xxxxxxxxxxxxxxx185.0 M
Net Profit Margin xxxxxxxxxxxxxxx2.56 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx2.23 %
Return on Invested Capital xxxxxxxxxxxxxxx0.57 %
Return on Assets xxxxxxxxxxxxxxx0.13 %
Return on Equity xxxxxxxxxxxxxxx2.23 %
Return on Total Capital xxxxxxxxxxxxxxx2.09 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-59.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx1,003 M
Long Term Debt xxxxxxxxxxxxxxx16,656 M
Total Debt xxxxxxxxxxxxxxx17,659 M
Goodwill - Gross xxxxxxxxxxxxxxx567 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx2,727 M
Price To Book Value xxxxxxxxxxxxxxx0.81

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx205.0 M
Capex % of Sales xxxxxxxxxxxxxxx3.95 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx518 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx17,989 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.3

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

2

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$xx.xx

xx.xx%

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xx/xx/xxxx

3

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$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

5

xxxx

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xx.xx%

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Morgan Stanley

16/10/2025

3

Equal-weight

$6.80

5.43%

Morgan Stanley notes Bank of Queensland delivered a solid 2H25 result, with sound margins and a higher dividend (up 2c vs 1H) supporting the share price.

The FY26 revenue outlook was more cautious, reflecting conservative business lending growth and margin pressure from mortgage run-off. This is expected to be partly offset by cost discipline and potential upside from a whole-of-loan sale, which would be ROE accretive.

Cost control remains effective, with sub-inflation expense growth expected in FY26, though amortisation will limit further reductions.

Noting the lift in dividend, the broker reckons the payout ratio will need to rise to 60-75% to maintain it in FY26. The board would support this, given CET1 ratio is expected to be greater than 11%, the broker highlights.

The broker upgraded FY26 cash EPS by 3% as a -1% revenue downgrade is offset by lower costs and loan losses. FY27 EPS forecast is cut -6%.

Equal-weight. Target rises to $6.80 from $6.70. Industry View: In-Line.

FORECAST
Morgan Stanley forecasts a full year FY26 dividend of 40.00 cents and EPS of 52.00 cents.
Morgan Stanley forecasts a full year FY27 dividend of 40.00 cents and EPS of 51.00 cents.

Macquarie

xx/xx/xxxx

5

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xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

16/10/2025

5

Sell

$6.00

-6.98%

Bank of Queensland's FY25 cash profit of $383m, was a 12% rise half-on-half and in line with guidance. The net interest margin (NIM) of 1.70% was 2bps ahead of Jarden's expectation.

The broker points to ongoing, intense competition and highlights Bank of Queensland's structural disadvantage from weak liability spreads.

Management is reallocating capital from home loans into higher-yielding, higher-risk business lending while pursuing retail digitisation to lower costs and rebuild mortgage margins, explains the analyst.

Jarden remains sceptical of the bank's ability to outperform peers amid similar strategic shifts. The broker's near-term earnings forecasts are cut by -4-7%. Sell rating and $6.00 target price are maintained.
Access Extra Coverage Research History >

BOQ STOCK CHART

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