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BMO reports $2.3 billion profit, raises dividend as U.S. business improves

Summary by castanet.net
BMO Financial Group raised its dividend as it reported a profit of $2.3 billion in the fourth quarter, boosted in part by a reduction in provisions for bad loans as it works to adjust its U.S. banking operations. The bank has been trying to improve its U.S. loan book after credit performance deterio...

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Lean Left

The Bank of Montreal is increasing its dividend while announcing a profit of $2.3 billion for its fourth quarter, thanks in part to a reduction in provisions for doubtful loans, as part of the adjustment of its banking operations in the United States.

·Montreal, Canada
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The Hamilton Spectator broke the news in Hamilton, Canada on Thursday, December 4, 2025.
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