Bank of Queensland Limited (ASX:BOQ) is one of Australia’s leading ‘regional’ banks with more than 180 branches throughout Australia. Unlike many other banks, many of BOQ’s branches are run by their ‘owner-managers’, who are effectively small business owners. Most of BOQ’s loans are mortgages.
If you ask me attempting to put an exact valuation on Westpac Banking Corp (ASX: WBC) shares is impossible. That said, the research and valuation process is arguably the most important part of successful investing, so it should not be neglected.