Business
Bank of Queensland (ASX:BOQ) share price in focus after business update
The Bank of Queensland Limited (ASX: BOQ) share price could be on the move on Tuesday after the release of a business update ahead of its annual general meeting.
How is Bank of Queensland performing?
Bank of Queensland has started FY 2021 positively and is currently on track to deliver on the outlook it provided with its full year results.
The bank’s Managing Director and CEO, George Frazis, commented: “BOQ continues to execute on its transformation program with the family and friends phase 1 launch of the Virgin Money digital bank going live this week. We reconfirm the FY21 outlook for BOQ to deliver broadly neutral jaws.”
Broadly neutral jaws means that its revenue will increase broadly in line with costs. Positive jaws…
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