Bank of Queensland lifts H1 cash profit

Lender lifts interim cash earnings, dividend; says it remains well positioned to benefit from recovery in Qld economy.

Bank of Queensland (BoQ) has posted a strong lift in first-half cash earnings and says it remains well positioned to benefit from any recovery in the Queensland economy.

In the six months to February 28, Bank of Queensland posted cash earnings of $140.2 million, a 17.2% increase on the $119.9m recorded in the previous corresponding half.

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