BMO Financial Group (BMO) Tops Q1 EPS by 9c

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Go back to BMO Financial Group (BMO) Tops Q1 EPS by 9c

BMO Financial Group Reports First Quarter 2019 Results

February 26, 2019 6:01 AM EST

Financial Results Highlights

First Quarter 2019 Compared With First Quarter 2018:

Net income1 of $1,510 million, up 55%; adjusted net income2 of $1,538 million, up 8% Net revenue3,4 of $5,591 million, up 6% EPS5 of $2.28, up 59%; adjusted EPS2,5 of $2.32, up 10% ROE of 13.6%; adjusted ROE2 of 13.9% unchanged from the prior year Provision for credit losses (PCL) of $137 million, compared with $141 million in the prior year Common Equity Tier 1 Ratio of 11.4%

TORONTO, Feb. 26, 2019 /PRNewswire/ - For the first quarter ended January 31, 2019, BMO... More