Bank of Queensland
(ASX:BOQ) has delivered a 22 percent lift in statutory net profit to $318 million for the year ended 31 August 2015.
The lender announced a 19 percent lift in cash profit to $357 million for the period.
Bank of Queensland attributed the record results to strong margin management and further improvement in asset quality.
CEO Jon Sutton noted mixed economic performance between states, contributing to an economy which remains below trend. Mr Sutton also said Bank of Queensland remains comfortable with its capital position and is well-positioned for sustainable growth.
Bank of Queensland will pay a final dividend of 38 cents per share fully franked.
