BMO Financial Group Reports Fourth Quarter and Fiscal 2018 Results

Go back to BMO Financial Group Reports Fourth Quarter and Fiscal 2018 Results

Cormark Downgrades Bank of Montreal (BMO:CN) (BMO) to Market Perform

December 6, 2018 11:22 AM EST

Cormark analyst Meny Grauman downgraded Bank of Montreal (BMO:CN) (NYSE: BMO) from Buy to Market Perform with a price target of Cdn$109.00 (from Cdn$115.00).

For an analyst ratings summary and ratings history on Bank of Montreal... More

BMO Financial Group (BMO) Reports Q4 EPS of C$2.32

December 4, 2018 6:09 AM EST

BMO Financial Group (NYSE: BMO) reported Q4 EPS of C$2.32.

Fourth Quarter 2018 Compared with Fourth Quarter 2017 (Canadian $ in millions, except as noted):

Net income of $1,695 million, up 38%, including a benefit from the remeasurement of an employee benefit liability2 in the current quarter; adjusted net income1 of $1,529 million, up 17%EPS3 of $2.57, up 42%; adjusted EPS1,3 of $2.32, up 19% ROE of 16.1%, up from 12.1%; adjusted... More