Bank of Montreal (BMO.TO)
| Previous Close | 115.60 |
| Open | 116.15 |
| Bid | 116.29 x 0 |
| Ask | 116.48 x 0 |
| Day's Range | 115.77 - 117.75 |
| 52 Week Range | 102.67 - 133.95 |
| Volume | |
| Avg. Volume | 2,958,240 |
| Market Cap | 84.823B |
| Beta (5Y Monthly) | 1.15 |
| PE Ratio (TTM) | 13.38 |
| EPS (TTM) | 8.69 |
| Earnings Date | Dec 05, 2024 |
| Forward Dividend & Yield | 6.20 (5.33%) |
| Ex-Dividend Date | Oct 30, 2024 |
| 1y Target Est | 120.60 |
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The Canadian PressBMO wins reversal of jury verdict in U.S. lawsuit against bank
TORONTO — BMO Financial Group says it has won the reversal of a 2022 jury verdict against the bank in a lawsuit related to a Ponzi scheme in the United States.
CNW GroupEighth Circuit Court of Appeals Overturns Petters Judgement, in BMO's Favour
BMO Financial Group (TSX: BMO) (NYSE: BMO) announced today that the United States Court of Appeals for the Eighth Circuit reversed a prior jury verdict and instructed the district court to enter judgement in favour of BMO's U.S. subsidiary, BMO Bank National Association. The lawsuit related to a Ponzi scheme carried out by Thomas J. Petters and certain affiliated individuals and entities (collectively, Petters) that operated a deposit account at a predecessor bank, M&I Marshall and Ilsley Bank.
