Investor Presentaiton
For personal use only
NON-INTEREST INCOME¹
STABILISING BANKING NON-INTEREST INCOME BUT IMPACTED BY TRADING AND LOWER INSURANCE INCOME
BOQD
GROUP
•
SUMMARY
FY21 non-interest income declined by $3m:
>
Banking fees normalising following
NON-INTEREST INCOME BREAKDOWN ($M)²
the ongoing industry trends toward
low and no fee products
144
5
128
125
11
5
> $5m increase in other income,
17
including a $3m one off benefit on the
11
cards portfolio
46
48
43
88
>
$4m reduction in insurance income
from the closure of St Andrews to
new business in 1H20
828
82
69
69
>
Trading income impacted by $4m due
to lack of volatility and low rates
Bank of Queensland Limited 2021 Full Year Results Presentation
FY19
FY20
FY21
■Banking
Other
Insurance
Trading Income
(1) Excluding ME Bank
21
(2) VMA third party costs have been restated from non-interest income and included in operating expensesView entire presentation