Bank of Queensland Ltd

BOQ: XASX (AUS)

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Australian Nonmajor Banks: Modest Earnings Impact From Tariffs, but Uncertainty Is Higher

Nathan Zaia

Apr 10, 2025

Australian nonmajor banks were not immune to the market selloff following President Donald Trump's tariffs, with a potential hit to gross domestic product growth clouding the earnings outlook. In fiscal 2025, credit growth is ticking up on population and wages growth, and credit stress has been low.

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Bank of Queensland Ltd

Australian Nonmajor Banks: Modest Earnings Impact From Tariffs, but Uncertainty Is Higher

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