18 Share Tips – 19 April 2021 – The Bull – TheBull.com.au – TheBull.com.au

Angus Geddes, Fat Prophets
BUY RECOMMENDATIONS
Bank of Queensland (BOQ)
I believe acquiring ME Bank will prove to be a good deal for BOQ. The acquisition will create Australias sixth largest lender. The acquisition will enable BOQ to compete more effectively with the major banks at a time when net interest margin pressures are abating in a strongly rebounding economy and hot property market. The transaction will deliver material scale and broadly double the size of the retail bank, while providing…

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