Bank of Queensland Shares Edge Higher but Challenges Remain
Bank of Queensland shares rose 2.33% to A$6.16 after trading resumed Tuesday, outperforming the S&P/ASX 200, which fell 0.24%. The stock remains nearly 24% below its 12-month high. Investors are watching margin pressure, bad-debt charges, and the impact of a recent A$3.6 billion asset sale. BOQ reported a 20% drop in half-year statutory net profit to A$136 million.
