Bank of Queensland Limited, together with its subsidiaries, provides various financial products and services in Australia.
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has Bank of Queensland's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BKQN.Y has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BKQN.Y underperformed the US Banks industry which returned -27.8% over the past year.
Return vs Market: BKQN.Y underperformed the US Market which returned -10.7% over the past year.
Price Volatility Vs. Market
How volatile is Bank of Queensland's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Bank of Queensland undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BKQN.Y ($6.2) is trading below our estimate of fair value ($8.32)
Significantly Below Fair Value: BKQN.Y is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BKQN.Y is good value based on its PE Ratio (6.8x) compared to the Banks industry average (8.9x).
PE vs Market: BKQN.Y is good value based on its PE Ratio (6.8x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: BKQN.Y is poor value based on its PEG Ratio (11x)
Price to Book Ratio
PB vs Industry: BKQN.Y is good value based on its PB Ratio (0.5x) compared to the US Banks industry average (0.8x).
How is Bank of Queensland forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BKQN.Y's forecast earnings growth (0.6% per year) is below the savings rate (1.7%).
Earnings vs Market: BKQN.Y's earnings (0.6% per year) are forecast to grow slower than the US market (12.3% per year).
High Growth Earnings: BKQN.Y's earnings are forecast to grow, but not significantly.
Revenue vs Market: BKQN.Y's revenue (1.9% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: BKQN.Y's revenue (1.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BKQN.Y's Return on Equity is forecast to be low in 3 years time (6.7%).
How has Bank of Queensland performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKQN.Y has high quality earnings.
Growing Profit Margin: BKQN.Y's current net profit margins (29.2%) are lower than last year (31.1%).
Past Earnings Growth Analysis
Earnings Trend: BKQN.Y's earnings have grown by 2.7% per year over the past 5 years.
Accelerating Growth: BKQN.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BKQN.Y had negative earnings growth (-11.3%) over the past year, making it difficult to compare to the Banks industry average (10.9%).
Return on Equity
High ROE: BKQN.Y's Return on Equity (7.7%) is considered low.
How is Bank of Queensland's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: BKQN.Y has a low level of unsold assets or inventory.
Debt Coverage by Assets: BKQN.Y's debt is not covered by short term assets (assets are 0.2x debt).
Financial Institutions Analysis
Asset Level: BKQN.Y's level of assets compared to its equity is moderate.
Allowance for Bad Loans: BKQN.Y has a sufficient allowance for bad loans.
Low Risk Liabilities: BKQN.Y's liabilities are made up of primarily low risk sources of funding.
Loan Level: BKQN.Y has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BKQN.Y's loans are broadly funded by customer deposits.
Level of Bad Loans: BKQN.Y has an appropriate level of bad loans (0.43%)
What is Bank of Queensland's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BKQN.Y's dividend (12.2%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: BKQN.Y's dividend (12.2%) is in the top 25% of dividend payers in the US market (5.37%)
Stability and Growth of Payments
Stable Dividend: BKQN.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: BKQN.Y's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (87.6%), BKQN.Y's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BKQN.Y's dividends in 3 years are forecast to be covered by earnings (73.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
George Frazis (55yo)
Mr. George Frazis, B Eng (Hons) MBA (AGSM) MBA (Wharton) serves as the MD, CEO & Director of Bank of Queensland Ltd. since September 5, 2019. Mr. Frazis was an Executive Officer at Westpac Banking Corporat ...
|Group Executive People & Culture||1.58yrs||AU$602.58k||no data|
|Group Executive of Retail Banking||1.67yrs||AU$1.38m||0.011% A$157.8k|
|Chief Risk Officer||0.83yr||AU$659.07k||0.0088% A$122.3k|
|MD, CEO & Director||0.58yr||no data||0.011% A$153.4k|
|CFO & COO||0.42yr||no data||no data|
|General Manager of Investor Relations||no data||no data||no data|
|Head of Funding||no data||no data||no data|
|Head of Corporate Affairs||no data||no data||no data|
|Head of BOQ Broker||1.83yrs||no data||no data|
|Deputy CFO||0.42yr||no data||no data|
Experienced Management: BKQN.Y's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
|MD, CEO & Director||0.58yr||no data||0.011% A$153.4k|
|Non-Executive Independent Director||8yrs||AU$238.19k||0.0037% A$50.9k|
|Non-Executive Independent Chairman||0.50yr||AU$61.14k||0.030% A$411.4k|
|Non-Executive Independent Director||3.58yrs||AU$210.80k||0.0064% A$89.3k|
|Non-Executive Independent Director||4.42yrs||AU$245.61k||0.0037% A$52.2k|
|Non-Executive Independent Director||4.25yrs||AU$208.05k||0.0047% A$64.8k|
|Non-Executive Independent Director||9.17yrs||AU$255.75k||0.0044% A$60.7k|
|Non-Executive Independent Director||6.17yrs||AU$261.28k||0.010% A$141.4k|
|Independent Non-Executive Director||0.92yr||AU$61.14k||0.0016% A$22.3k|
Experienced Board: BKQN.Y's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.1%.
Bank of Queensland Limited's company bio, employee growth, exchange listings and data sources
- Name: Bank of Queensland Limited
- Ticker: BKQN.Y
- Exchange: OTCPK
- Founded: 1874
- Industry: Regional Banks
- Sector: Banks
- Market Cap: AU$2.268b
- Listing Market Cap: AU$1.392b
- Shares outstanding: 453.69m
- Website: https://www.boq.com.au
Number of Employees
- Bank of Queensland Limited
- 100 Skyring Terrace
- Level 6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BOQ||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|BKQN.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|BXZ||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|BOQ||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|BXZ||BRSE (Berne Stock Exchange)||Yes||Ordinary Shares||CH||CHF||Jan 1992|
|BKQN.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADR||US||USD||Nov 2008|
|BOQPD||ASX (Australian Securities Exchange)||NPV PERP EQTY PRF (CPS)||AU||AUD||Dec 2012|
Bank of Queensland Limited, together with its subsidiaries, provides various financial products and services in Australia. The company operates in Retail Banking, BOQ Business, and Other segments. It offers personal banking services comprises savings and term deposits, and transactional accounts; debit and credit cards; home, personal, and car loans; and travel, home, content, and car insurance; as well as investment services comprising online share trading services; and self-managed superannuation funds. The company’s business banking services include transaction accounts, and savings and investment accounts; loans and finance products; merchant and payment products; and financial market and international services. It also offers Internet and mobile banking services. As of August 31, 2019, it had 65 corporate branches and 95 owner managed branches; and 572 company branded ATMs and 1,033 other ATMs, as well as 7 transaction centers. Bank of Queensland Limited was founded in 1874 and is based in Newstead, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 09:13|
|End of Day Share Price||2020/03/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.