BMO Financial Group (BMO) Tops Q1 EPS by 41c
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BMO Financial Group Reports Net Income of $1.5 Billion for First Quarter of 2017
February 28, 2017 6:45 AM ESTFinancial Results Highlights:
First Quarter 2017 Compared with First Quarter 2016:
Net income of $1,488 million, up 39%;Â adjusted net income1 of $1,530 million, up 30% EPS2 of $2.22, up 40%; adjusted EPS1,2 of $2.28, up 30% ROE of 14.9%, compared with 10.9%;Â adjusted ROE1 of 15.3%, compared with 12.1% Provisions for credit losses of $173 million, compared with $183 million Common Equity Tier 1 Ratio of 11.1%TORONTO, Feb. 28, 2017 /PRNewswire/ - For the first quarter ended January 31, 2017, BMO Financial Group (TSX: BMO) (NYSE:... More
