Bank Of Queensland Limited · ASX:BOQ
Bank Of Queensland — Shareholder Meeting (December 2024)
12 slides from Bank Of Queensland's shareholder meeting presentation, Dec 3, 2024
Slide 1: 2024 Annual General Meeting
03 DECEMBER 2024 For personal use only 2024 ANNUAL GENERAL MEETING Bank of Queensland Limited
Slide 2: Acknowledgement of Traditional Custodians
BOQ Group acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of the land where we live and work. We pay our respects to Elders past and present. This artwork was commissioned through Merinda Walters, a proud Kamilaroi woman. Titled Burrul gi-gi magula (Growing T
Slide 3: Important information and disclaimer
2024 ANNUAL GENERAL MEETING For personal use only Important information and disclaimer This is a presentation of general background information about Bank of Queensland ABN 32 009 656 740 and its consolidated entities (BOQ’s) activities at the date of this document. It is in summary form, does not p
Slide 4: Chair's address
For personal use only CHAIR’S ADDRESS Warwick Negus
Slide 5: Chair's address
2024 ANNUAL GENERAL MEETING For personal use only Chair’s address › 150 years of Bank of Queensland – serving our communities, funding growth aspirations of business and assisting households to achieve their home ownership and personal savings objectives › Financial performance – landscape remained
Slide 6: Managing Director & CEO's address
For personal use only MANAGING DIRECTOR & CEO’S ADDRESS Patrick Allaway
Slide 7: Managing Director & CEO's address
2024 ANNUAL GENERAL MEETING For personal use only Managing Director & CEO’s address › Well underway with our comprehensive transformation – becoming a simpler, specialist bank › Navigated a challenging two years – dynamic market with heightened competition, decisions being made to fundamentally chan
Slide 8: FY24 overview
2024 ANNUAL GENERAL MEETING For personal use only FY24 overview Cash earnings reflects home lending and margin contraction in a highly competitive market, cost inflation and transformation investment Key financial results ($m) FY24 FY24 v FY23 Total income 1,600 (8%) Operating expenses (1,069) 6% Un
Slide 9: Our transformation
2024 ANNUAL GENERAL MEETING For personal use only Our transformation Building a simpler, specialist bank Delivering through our strategic pillars STRENGTHEN Improved risk culture, with strong financial and operational resilience SIMPLIFY Simplified bank, with improved productivity and efficiency DIG
Slide 10: Living our purpose and values
2024 ANNUAL GENERAL MEETING For personal use only Living our purpose and values Building social capital through banking, supporting our customers and communities Customers and communities Environment and climate change2 150-year Queensland heritage Joined the Net Zero Banking Alliance › Supporting l
Slide 11: Cultural transformation
2024 ANNUAL GENERAL MEETING For personal use only Cultural transformation Defined our target state culture, guiding our behaviours to change the way we operate Customer first Disciplined performance excellence Leveraging our size as a strength Focused on our target customers Delivering sustainable o
Slide 12: Looking ahead
2024 ANNUAL GENERAL MEETING For personal use only Looking ahead › Strong fundamentals to support the improvement in the Australian economy in FY25, strength of improvement remains uncertain › Confidence on the prospects for Queensland › Targeting broadly flat cost growth in FY25, uplift of revenues
Bank of Queensland — Shareholder Meeting (December 2024) on 6ix