BMO Financial Group Reports First Quarter 2020 Results

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Go back to BMO Financial Group Reports First Quarter 2020 Results

BMO Financial Group (BMO) Reports Q1 EPS of Cdn$2.41

February 25, 2020 6:01 AM EST

BMO Financial Group (NYSE: BMO) reported Q1 EPS of Cdn$2.41, versus Cdn$2.43 reported last year. Revenue for the quarter came in at Cdn$6.75 billion, versus Cdn$6.09 billion reported last year.

First Quarter 2020 Compared With First Quarter 2019:

Net income of $1,592 million and adjusted net income1 of $1,617 million, both up 5%Reported EPS2 of $2.37 and adjusted EPS1 of $2.41, both up 4%Revenue, net of CCPB3, of $6,031 million, up 8%Provision for credit losses (PCL) of $349... More