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BOQ
bachelor officers' quarters.
Example Sentences
The investment bank’s analysts tell clients in a note that consensus forecasts on lending volumes are too optimistic given recent trends, which include BOQ shifting focus from mortgages to higher-returning commercial lending.
They add that a pivot to segments such as specialist asset finance could help lift return-on-tangible-equity, where a structural impediment remains due to BOQ’s size and scale.
They reckon that BOQ could become even more profitable despite challenges around the cost of equity.
It wants to know how protected BOQ’s net interest margin has been given weak balance sheet growth and a shift toward business lending.
It’s also seeking an update on funding and BOQ’s capital.
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