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BMO Financial Group reports $2.3B fourth-quarter profit, raises dividend
BMO’s adjusted earnings per share rose to $3.28, beating estimates and supported by higher revenue and lower credit loss provisions, leading to a dividend increase.
- BMO Financial Group reported a fourth-quarter profit of $2.30 billion and raised its quarterly dividend to $1.67 per share, an increase of four cents.
- For the quarter ended Oct. 31, revenue increased while provision for credit losses decreased from last year, BMO said.
- U.S. banking earned $807 million, up from $281 million, and Canadian personal and commercial banking earned $752 million, last year, according to BMO.
- The bank appointed Tammy Brown to its board of directors; she previously served as deputy chair of KPMG Canada, while Darryl White said fiscal 2025 was strong and BMO enters 2026 financially strong.
- Analysts had expected an adjusted profit of $3.03 per share, but BMO Financial Group earned $3.28 per diluted share, up from $1.90 last year.
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Total News Sources4
Leaning Left1Leaning Right1Center2Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
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