Bank of Montreal (BMO)
Pre-Market:
| Previous Close | 95.47 |
| Open | 95.66 |
| Bid | 93.17 x 800 |
| Ask | 93.98 x 1300 |
| Day's Range | 95.58 - 96.39 |
| 52 Week Range | 73.98 - 100.12 |
| Volume | |
| Avg. Volume | 744,729 |
| Market Cap | 69.775B |
| Beta (5Y Monthly) | 1.19 |
| PE Ratio (TTM) | 18.00 |
| EPS (TTM) | 5.34 |
| Earnings Date | May 29, 2024 |
| Forward Dividend & Yield | 4.42 (4.63%) |
| Ex-Dividend Date | Apr 26, 2024 |
| 1y Target Est | 96.67 |
The Canadian PressBMO Financial Group reports $1.87B Q2 profit, raises quarterly dividend
TORONTO — BMO Financial Group raised its dividend as it reported a profit of $1.87 billion in its latest quarter, up from $1.03 billion a year earlier. The bank said Wednesday it will now pay a quarterly dividend of $1.55 per share, up four cents from $1.51 per share. The increased payment to shareholders came as BMO says its profit amounted to $2.36 per diluted share for the quarter ended April 30, up from $1.26 per diluted share a year earlier. Revenue totalled $7.97 billion, up from $7.79 bil
ZacksBank of Montreal (BMO) Misses Q2 Earnings and Revenue Estimates
Bank of Montreal (BMO) delivered earnings and revenue surprises of -4.98% and 1.33%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?
ReutersCanada's BMO misses profit on high loan loss provisions, US weakness
(Reuters) -Canadian lender Bank of Montreal on Wednesday missed analysts' estimates for quarterly profit, hurt by weakness at its U.S. segment and as it sets aside more funds to cover for potentially souring loans in a high interest rate environment. BMO said the U.S. segment's adjusted net income fell 24%, hit by lower net interest income, or the difference between what a bank earns on loans and pays out for deposits, due to lower margins. Lenders have been competing on deposit rates to prevent consumers from moving their money to alternative high-yielding funds amid high interest rates.
