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

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

BMO Financial Group Reports First Quarter 2020 Results

February 25, 2020 6:00 AM EST

Financial Results Highlights

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 million; includes PCL on performing loans of $25 million ROE of 13.3%, compared with 13.6%; adjusted ROE1 of 13.5%, compared with 13.9% Common Equity Tier 1 Ratio of 11.4%

TORONTO, Feb. 25, 2020 /PRNewswire/ - For the first quarter ended January... More