BMO Financial Group (BMO) Tops Q3 EPS by 2c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. SWKS
7. ANET
8. SPY
9. XYZ
10. CVS

Go back to BMO Financial Group (BMO) Tops Q3 EPS by 2c

BMO Financial Group Reports Net Income of $1.4 Billion for Third Quarter of 2017

August 29, 2017 6:45 AM EDT

Financial Results Highlights:

Third Quarter 2017 Compared with Third Quarter 2016:

Net income of $1,387 million, up 11%; adjusted net income1 of $1,374 million, up 6% EPS2 of $2.05, up 10%; adjusted EPS1,2 of $2.03, up 4% ROE of 13.4%, compared with 13.0%; adjusted ROE1 of 13.3%, compared with 13.5% Provisions for credit losses of $134 million (including the benefit of a $76 million decrease in the collective allowance), compared with $257 million; specific provisions for credit losses of $210 million, compared with $257 million Common Equity Tier 1 Ratio of 11.2%

Year-to-Date 2017 Compared with Year-to-Date 2016:

Net... More