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BoQ profit shows green shoots – The Australian Financial Review

Bank of Queensland shares were in demand on Wednesday after a surprise dividend payment and the release of a relatively bullish outlook statement by CEO George …

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“Our updated economic assumptions are prudent and take into account the RBA forecasts and ongoing uncertainty.
“Given the governments stimulus and its good handling of COVID-19, there is potential upside opportunity should the economy recover at a faster rate than currently forecast.”
BoQ’s economic assumptions are reasonably conservative and include the proviso that the “greatest uncertainty remains the health crisis, and that is unlikely to be resolved until a vaccine or effective treatment …

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