Market Mover | Bank of Queensland stock jumps 6.22% on FY24 results and a positive outlook
Market Mover | Bank of Queensland stock jumps 6.22% on FY24 results and a positive outlook
Operating expenses of $1.069 billion, up 6% from FY 2023$Bank of Queensland Ltd (BOQ.AU)$'s stock surged 6.22%, following the release of its financial results for the year ending 31 August 2024, which exceeded analyst forecasts.
$Bank of Queensland Ltd (BOQ.AU)$股票上漲6.22%，反映出截至2024年8月31日的財年財務業績超出分析師預期。
FY24 financial results
財年24財務業績
Total income of $1.60 billion, down 8% from FY23
Operating expenses of $1.069 billion, up 6% from FY 2023
Cash earnings after tax of $343 million, down 24% from FY23
Net interest margin decline by 0.13% to 1.56%
Fully franked final dividend of A$17 per share, down from A$0.21 a year earlier.
營業總收入爲16億，比財年23下降8%
營業費用爲10.69億，比2023財年上漲6%
稅後現金收益爲34300萬，比2023財年下降24%
淨利息收益率下降0.13%，至1.56%
每股全面認購的最終股息爲A$17，低於前一年的A$0.21。
Despite a 20% reduction in the final dividend to A$0.17 from A$0.21, this was higher than Citi's projection of A$0.15 and matched Macquarie's estimate. The bank's full-year net interest margin was 1.56%, surpassing the market's 1.54% expectation.
儘管最終股息減少了20%，從A$0.21降至A$0.17，但這高於花旗銀行預測的A$0.15，並與麥格理的估計相匹配。銀行全年淨利息收益率爲1.56%，超過了市場預期的1.54%。
Financial Outlook
財務展望
As for FY25 outlook, management anticipates stable margins and revenue benefits from business bank growth in specialist areas, and branch conversion. However, these will be partially offset by further reductions in mortgage balances. Expense growth is forecast to be broadly flat, with the transformation investment spend coming down materially. Capital is expected to remain within management's target range of 10.25% to 10.75%.
至於FY25展望，管理團隊預計邊際穩定，營業收入將獲得業務銀行在專業領域和分行改建方面的好處，然而，這將部分抵消貸款餘額的進一步減少。預計費用增長將基本持平，轉型投資支出將大幅下降。資本預計將保持在管理目標範圍10.25%至10.75%之內。
Also, Bank of Queensland states that it is transforming to a simpler, specialist bank with an enhanced customer experience, and it aims to deliver FY26 ROE target of 8%, with strategy to deliver further uplift in the medium term.
此外，昆士蘭銀行表示，正在轉型爲一個更簡單、更專業的銀行，提升客戶體驗，並旨在實現FY26的roe目標爲8%，並計劃在中期實現進一步提升。
Source: ASX, Market Index
來源：ASX，市場指數
