BMO Financial Group (BMO) Tops Q2 EPS by 6c
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BMO Financial Group Reports Net Income of $1 Billion for the Second Quarter of 2015
May 27, 2015 7:30 AM EDTTORONTO, ONTARIO -- (Marketwired) -- 05/27/15 -- For the second quarter ended April 30, 2015, BMO Financial Group reported net income of $999 million or $1.49 per share on a reported basis and net income of $1,146 million or $1.71 per share on an adjusted basis. Reported net income includes a $106 million charge primarily due to restructuring to drive operational efficiencies.
"BMO delivered good results in the second quarter, with adjusted net income of $1.1 billion, up 5% from last year and 10% from the first quarter. Our operating groups performed well, demonstrating the benefits of our advantaged business mix, which is diversified by geography and customer type,"... More
BMO Financial Group Increases Common Share Dividend
May 27, 2015 7:24 AM EDTTORONTO, ONTARIO -- (Marketwired) -- 05/27/15 -- Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that the Board of Directors declared a quarterly dividend of $0.82 per share on paid-up common shares of Bank of Montreal for the third quarter of fiscal year 2015, a 2 cent increase from the previous quarter.
The Board of Directors also declared dividends of:
-- $0.328125 per share on paid-up Class B Preferred Shares Series 14; -- $0.3625 per share on paid-up Class B Preferred Shares Series... More