BMO Financial Group (BMO) Tops Q2 EPS by 6c
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May 27, 2015 7:30 AM EDT
TORONTO, 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
May 27, 2015 7:24 AM EDT
TORONTO, 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...
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