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How to buy Bank of Queensland (BOQ) shares in Australia

Learn how to easily invest in Bank of Queensland shares.

Bank of Queensland is a banks - regional business based in Australia. Bank of Queensland shares (BOQ) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Bank of Queensland has a trailing 12-month revenue of around $1.6 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Bank of Queensland

To buy shares listed in Australia such as Bank of Queensland, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose or you can see our list of the best share trading platforms in Australia. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. Search for Bank of Queensland.
    Find the share by name or ticker symbol: BOQ. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until Bank of Queensland reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. Decide on how many to buy.
    At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  5. Check on your investment.
    Congratulations, you own a part of Bank of Queensland. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

Bank of Queensland stock price (ASX:BOQ)

Use our graph to track the performance of BOQ stocks over time.

Bank of Queensland shares at a glance

Information last updated 2024-08-31.
52-week range$4.9284 - $6.45
50-day moving average $6.1398
200-day moving average $6.0123
Target price$5.23
PE ratio 16.2051
Dividend yield $0.38 (6.01%)
Earnings per share (TTM) $0.39

Where to buy Bank of Queensland shares

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Bank of Queensland stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Bank of Queensland price performance over time

Historical closes compared with the last close of A$6.32

1 week (2024-08-30) 6.32
1 month (2024-08-06) 5.86%
3 months (2024-06-06) 5.69%
6 months (2024-03-06) 3.78%
1 year (2023-09-06) 12.46%
2 years (2022-09-06) -8.01%
3 years (2021-09-06) -33.68%
5 years (2019-09-06) -31.30%

Is Bank of Queensland under- or over-valued?

Valuing Bank of Queensland stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Bank of Queensland's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Bank of Queensland's P/E ratio

Bank of Queensland's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, Bank of Queensland shares trade at around 16x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Bank of Queensland's PEG ratio

Bank of Queensland's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 10.09. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Bank of Queensland's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Bank of Queensland financials

Revenue TTM $1.6 billion
Operating margin TTM 30.05%
Gross profit TTM $1.7 billion
Return on assets TTM 0.26%
Return on equity TTM 4.43%
Profit margin 16.98%
Book value 9.137
Market capitalisation $4.1 billion

TTM: trailing 12 months

Bank of Queensland share dividends

Dividend payout ratio: 104.06% of net profits

Recently Bank of Queensland has paid out, on average, around 104.06% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.01% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Bank of Queensland shareholders could enjoy a 6.01% return on their shares, in the form of dividend payments. In Bank of Queensland's case, that would currently equate to about A$0.38 per share.

Bank of Queensland's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 1 May 2024 (the "ex-dividend date").

Have Bank of Queensland's shares ever split?

Bank of Queensland's shares were split on a 1.0116:1 basis on 20 August 2009. So if you had owned 1 share the day before the split, the next day you would own 1.0116 shares. This wouldn't directly have changed the overall worth of your Bank of Queensland shares – just the quantity. However, indirectly, the new 1.1% lower share price could have impacted the market appetite for Bank of Queensland shares which in turn could have impacted Bank of Queensland's share price.

Bank of Queensland share price volatility

Over the last 12 months, Bank of Queensland's shares have ranged in value from as little as $4.9284 up to $6.45. A popular way to gauge a stock's volatility is its "beta".

BOQ.AU volatility(beta: 0.99)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Bank of Queensland's is 0.985. This would suggest that Bank of Queensland's shares are less volatile than average (for this exchange).

Bank of Queensland overview

Bank of Queensland Limited, together with its subsidiaries, provides various financial services in Australia and New Zealand. 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 and content, landlord, 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, such as business loans, equipment and vehicle finance, and dealer finance; merchant and payment products; and financial market and international services. It also offers Internet and mobile banking services. The company was founded in 1874 and is headquartered in Newstead, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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