BMO Financial Group Reports Second Quarter 2021 Results

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Go back to BMO Financial Group Reports Second Quarter 2021 Results

BMO Financial Group (BMO) Reports Q2 EPS of Cdn$3.13

May 26, 2021 6:03 AM EDT

BMO Financial Group (NYSE: BMO) reported Q2 EPS of Cdn$3.13, versus Cdn$3.06 reported last year. Revenue for the quarter came in at Cdn$6.08 billion, versus Cdn$6.98 billion reported last year.

Second Quarter 2021 Compared With Second Quarter 2020:

Net income of $1,303 million, an increase from $689 million; adjusted net income1,4 of $2,095 million, an increase from $715 millionReported EPS2 of $1.91, an increase from $1.00; adjusted EPS1,2,4 of $3.13, an increase from $1.04Provision for credit losses (PCL) of $60 million, compared with $1,118 millionReported net efficiency... More