BOQPE News: Financial Services Roundup: Market Talk - 6th Oct 2023, 9:56pm

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0030 GMT – Bank of Queensland still has a bear in Morgan Stanley analyst Richard E. Wiles, who sees the regional Australian lender disadvantaged by reinvestment costs and weak volume growth. Ahead of the bank’s annual result announcement on Oct. 11, Wiles cuts his fiscal 2023 EPS forecast by 33% to 20.5 Australian cents to reflect the A$125 million in one-off charges flagged last week by the lender. Wiles anticipates 2H cash profit to be almost 20% down on 1H at A$206 million, with pre...

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