Bank of Queensland Defers Interim Dividend, Released 1H20 and APRA Basel III Pillar 3 Report

April 08, 2020 12:37 AM EDT | By Team Kalkine Media

Google News:

Recent News

Is Pizza Pizza Royalty Showing Signs Of Momentum On The TSX?

Is iShares S&P/TSX Capped REIT ETF (TSX:XRE) Movement Reflecting Broad...

Is Chesapeake Gold’s TSXV Move Reflecting Broader Mining Sector Sentim...

Why Is TSX:PYR Adjusting Warrant Terms While On The TSX Composite And...

Bank of Queensland Limited (ASX:BOQ) on 8 April 2020, provided the following updates:.

Based on APRA guidance to all ADIs and Insurers, BOQ notified the market that it defers the payment decision of its interim dividend for FY 2020 until the economic outlook is stronger.
Key highlights from 1H FY 2020 results for the period ended 29 February 2020.
- Cash earnings after tax was $151 million, a dip of 10 percent on PCP basis.
- Statutory NPAT was $93 million, a decrease of 40 percent.
- Common Equity Tier 1 capital ratio of 9.91 percent, an increase of 87 basis points from FY 2019.
BOQ released APRA Basel III Pillar 3 report for the period relating to ending 29 February 2020, which reflects Total Capital Base of $4,117 million, while Net Tier 1 capital and Net Tier 2 Capital stood at $3,588 million and $529 million.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Incorporated (Kalkine Media), Business Number: 720744275BC0001 and is available for personal and non-commercial use only. The advice given by Kalkine Media through its Content is general information only and it does not take into account the user’s personal investment objectives, financial situation and specific needs. Users should make their own enquiries about any investment and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media is not registered as an investment adviser in Canada under either the provincial or territorial Securities Acts. Some of the Content on this website may be sponsored/non-sponsored, as applicable, however, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used in the Content unless stated otherwise. The images/music that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.