Bank of Queensland Limited (BOQ.AX) reported net profit after tax of A$133 million or 19.9 cents per share for the full year ended 31 August 2025 down from A$285 million or 41.1 cents per share in the prior year.
The latest year results included one-off items related to strengthening and simplifying the business, including: A$170 million goodwill impairment, A$43 million branch strategy costs, A$25 million restructuring costs as a result of operating model simplification, and an additional A$14 million for the Remedial Action Plans following an updated assessment of activities needed to complete the program.
Annual cash earnings after tax was A$383 million, up 12% from last year driven by improvement in margin, simplification benefits and moderate loan impairment expense.
Annual net interest income was A$1.527 billion up from A$1.472 billion last year. Net other operating income grew to A$141 million from A$131 million in the prior year.
The Board has determined to pay a final dividend of 20 cents per share, representing a yield of approximately 5.5 per cent.
Domestic economic growth showed gradual improvement throughout fiscal year 2025, although it continued to trail its long-term average. Looking ahead to fiscal year 2026, stronger growth in household disposable income is expected to drive further economic progress. However, the unpredictable geopolitical environment poses a potential risk to this outlook.
Despite these uncertainties, the Group remains committed to supporting customers through challenging conditions and is focused on expanding business lending. While geopolitical instability may affect short-term economic and financial market prospects, the Group maintains a positive outlook for the longer term.
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