BRIEF-Bank Of Queensland Posts HY Revenues From Ordinary Activities Of A$796 Million

Reuters04-17

April 17 (Reuters) - Bank of Queensland Ltd :

* 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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((Reuters.Briefs@thomsonreuters.com;))

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