News: BOQ Bank Of Queensland Says 1H19 Cash Earnings After Tax Is Expected To Be In Range Of $165...

Feb 18 (Reuters) - Bank of Queensland Ltd (BOQ) :

• 1H19 CASH EARNINGS AFTER TAX IS EXPECTED TO BE IN RANGE OF $165-170M
• H1 NET INTEREST INCOME IS EXPECTED TO BE BROADLY IN LINE WITH 1H18 LEVEL OF $475M
• H1FY19 NET INTEREST INCOME IS EXPECTED TO BE BROADLY IN LINE WITH 1H18 LEVEL OF $475M
• FIRST HALF COMMON EQUITY TIER ONE RATIO EXPECTED TO BE ABOVE 9.1% REPORTED IN NOVEMBER
• IN SECOND HALF MARKET CONDITIONS ARE EXPECTED TO REMAIN CHALLENGING
• LOOKING FORWARD TO SECOND HALF, MARKET CONDITIONS ARE EXPECTED TO REMAIN
• LOAN IMPAIRMENT EXPENSE IS EXPECTED TO BE IN RANGE OF 11-13 BASIS POINTS OF GROSS LOANS IN 1H19
• EXPECT REGULATORY COSTS TO RISE, AS CO ADAPTS TO CHANGES IN REGULATORY REQUIREMENTS INCLUDING IMPACTS OF ROYAL COMMISSION

Source text (http//reut.rs/2DRjnoQ)

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