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Bank of QueenslandASX:BOQ +0.61%54 Debt-to-Equity is 2.58 as of Feb. 2026, which is 7% below its 10-year median of 2.77. GuruFocus rates ASX:BOQ with a GF Score™ of 54/100 and a GF Value™ of A$6.41 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,421 Banks companies, Bank of Queensland ranks worse than 89.73% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Bank of Queensland's Debt-to-Equity or its related term are showing as below:
ASX:BOQ'
s Debt-to-Equity Range Over the Past 10 Years
Min: 2.43 Med: 2.77 Max: 3.16
Current: 2.58
During the past 13 years, the highest Debt-to-Equity Ratio of Bank of Queensland was 3.16. The lowest was 2.43. And the median was 2.77.
ASX:BOQ's Debt-to-Equity is ranked worse than 89.73% of 1421
companies
in the Banks industry
Industry Median: 0.58
vs ASX:BOQ: 2.58
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Bank of Queensland Debt-to-Equity Related Terms
Bank of Queensland Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Bank of Queensland's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, Bank of Queensland's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bank of Queensland Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Queensland's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bank of Queensland's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bank of Queensland (ASX:BOQ) has a Debt-to-Equity of 2.58 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bank of Queensland and its competitors. This is near median its historical median of 2.77. Over the past decade, Bank of Queensland's Debt-to-Equity has ranged from 2.43 to 3.16. According to the industry distribution chart, Bank of Queensland ranks #1275 out of 1421 companies in the Banks industry, placing it in the top 89.7%.
Is Bank of Queensland's Debt-to-Equity too high?
Bank of Queensland's current Debt-to-Equity of 2.58 is near median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 3.16. The Banks industry median Debt-to-Equity is 0.58. Bank of Queensland's value of 2.58 is 344.8% above this industry median. Based on the distribution chart, Bank of Queensland ranks #1275 out of 1421 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Bank of Queensland has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bank of Queensland's Debt-to-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Bank of Queensland ranks #1275 out of 1421 companies for Debt-to-Equity. This places Bank of Queensland in the lower half of its industry. The industry median Debt-to-Equity is 0.58. Bank of Queensland's value of 2.58 is 344.8% above this benchmark. Historically, Bank of Queensland's own Debt-to-Equity has ranged from 2.43 to 3.16 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 0.58, Bank of Queensland has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.58, based on 1,421 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bank of Queensland's current Debt-to-Equity of 2.58 is 344.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bank of Queensland and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Queensland's current Debt-to-Equity is 2.58, which is near median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Queensland stock overvalued right now?
Based on GuruFocus' analysis, Bank of Queensland (ASX:BOQ) is currently considered Fairly Valued. The stock's GF Value™ is A$6.41, compared to a current price of A$6.64 — trading 3.6% above its estimated fair value. The current Debt-to-Equity is 2.58, which is near median its 10-year median of 2.77 and 344.8% above the Banks industry median of 0.58. Bank of Queensland's overall GF Score™ is 54/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Bank of Queensland (ASX:BOQ), the current Debt-to-Equity is 2.58 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bank of Queensland (ASX:BOQ) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Queensland stock appears to be overvalued.
The current stock price of A$6.64 is trading 3.6% above its estimated GF Value™ of A$6.41.
GuruFocus considers Bank of Queensland to be Fairly Valued.
Key valuation signals for ASX:BOQ:
Debt-to-Equity: 2.58 (near median its 10-year median of 2.77)
GF Value™: A$6.41 vs. price of A$6.64 (3.6% above fair value)
Industry Position: 344.8% above the Banks median (#1275 of 1421)
No single metric tells the full story. See the ASX:BOQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Queensland is an Australia-based bank offering home loans, personal finance, and commercial loans. In addition to BOQ branded services, the bank is the owner of Virgin Money Australia and Me Bank. Its BOQ business includes the BOQ branded commercial lending activity, BOQ Finance and BOQ Specialist businesses. The division provides tailored business banking solutions including commercial lending, equipment finance and leasing, cash flow finance, foreign exchange, interest rate hedging, transaction banking, and deposit solutions for commercial customers.
54GF Score
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