A spot on BoQ’s day in the sun

The lender has charged ahead of its regional peers but is overshadowed by banking's Big Four, and is highly leveraged to the Queensland retail market.

Bank of Queensland has staged a stunning turnaround, reporting full-year after tax cash earnings of $250.9 million, or 78 cents a share. Investors are euphoric, sending the regional lender up over 6 per cent.

This time last year it was a different story for the Queensland bank. Back then, it was plagued by legacy issues, with investors questioning the future of the bank.

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