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BMO Financial Group Reports Q2 Profit of $1.9B as Revenue Also Rises

  • BMO Financial Group reported a second-quarter profit of approximately $1.9 billion for the period concluding on April 30, 2025.
  • This increase in profit from $1.8 billion a year earlier followed rising revenue and a higher provision for credit losses amid economic uncertainty.
  • Revenue rose to $8.67 billion from $7.97 billion last year, while credit loss provisions grew to $1.05 billion from $705 million last year.
  • The bank earned $2.50 per diluted share, up from $2.36 a year earlier, and reported an adjusted profit of $2.62 per share, exceeding analyst expectations of $2.53.
  • BMO's results reflect cautious consumer behavior and trade uncertainties, but improved client sentiment and a strong capital position support resilience and shareholder returns.
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Sask TodaySask Today
+9 Reposted by 9other sources
Lean Left

BMO reports rise in profit even as companies remain hesitant on borrowing

TORONTO — BMO Financial Group's second-quarter profit rose from a year ago even as its Canadian banking and capital markets divisions saw income drop from tariff-related uncertainty. The bank on Wednesday reported a net income of $1.

Bradford TodayBradford Today
+8 Reposted by 8other sources
Lean Left

BMO Financial Group reports Q2 profit of $1.96B as revenue also rises

TORONTO — BMO Financial Group reported a rise in profit in the second quarter as revenue rose and the bank's provisions for potentially bad loans increased less than analysts expected. The bank on Wednesday reported a net income of $1.

·Bradford West Gwillimbury, Canada
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Winnipeg Free PressWinnipeg Free Press
+5 Reposted by 5other sources
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BMO Financial Group reports Q2 profit of $1.9B as revenue also rises

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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Winnipeg Free Press broke the news in Winnipeg, Canada on Wednesday, May 28, 2025.
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