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

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

BMO Financial Group Reports Fourth Quarter and Fiscal 2018 Results

December 4, 2018 6:00 AM EST

Fourth Quarter 2018

Financial Results Highlights

Fourth Quarter 2018 Compared with Fourth Quarter 2017:

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 ROE1 of 14.5%, up from 12.9% Provision for credit losses4 (PCL) of $175 million, compared with $202 million in the prior year Common Equity Tier 1 Ratio of 11.3% Dividend increased by $0.04 from the prior... More