Morgan Stanley views Bank of Queensland's planned whole-of-loan sale, on-market buyback and special dividend as positive, analysts Richard Wiles and Sally Hong say in a note. "The transaction and capital management initiatives will be ROE [return on equity] accretive, reduce the capital intensity of growth and improve the funding mix," the analysts say. BOQ expects ROE accretion of 15-25 basis points. MS estimates modest earnings per share accretion of less than 2%. MS has an equal-weight rating on the stock, with a A$6.50 target. Shares ended Tuesday up 6.9% at A$7.27. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
April 07, 2026 19:11 ET (23:11 GMT)
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