The Bank of Queensland (ASX:BOQ) expects higher revenue in the second half of fiscal 2025 due to business bank growth and owner-manager conversion, according to a Tuesday filing with the Australian bourse.

The company is anticipating stable margins in the first half and flat total cost growth in the fiscal year, the filing said.

The company aims to maintain capital management within its target ratio of over 10% to nearly 11%, with dividends expected to be paid within its target payout ratio of 60% to 75% of cash earnings after tax, according to the filing.

Shares rose more than 1% in afternoon trade Tuesday.

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