Bank of Queensland is targeting profitable growth in the current fiscal year after posting a jump in first-half cash profit, after keeping a lid on costs as loan impairments fell.
The Brisbane-based regional lender bank, which operates more than 160 branches across the country, reported net cash earnings of $268 million, up 14 per cent from the prior corresponding half.
Its bottom line result was a net profit of $212 million, up 38 per cent.
