Bank of Montreal (BMO) Raises Quarterly Dividend 2.6% to $0.80; 4.4% Yield
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BMO Financial Group (BMO) Misses Q4 EPS by 5c
December 2, 2014 7:31 AM ESTBMO Financial Group (NYSE: BMO) reported Q4 EPS of CDN$1.63, CDN$0.05 worse than the analyst estimate of CDN$1.68.
Fourth Quarter 2014 Compared with Fourth Quarter 2013:
-- Net income of $1,070 million, essentially unchanged; adjusted net income(1) of $1,111 million, up 2%-- ROE of 13.1%, compared with 14.8%; adjusted ROE(1) of 13.7%, compared with 15.0%
-- Provisions for credit losses of $170 million, compared with $189 million; adjusted provisions for credit losses(1) of $170 million, compared with $140 million
"BMO's fourth quarter results conclude a year in which the bank... More
Bank Of Montreal (BMO) Plans 15M Common Buyback
December 2, 2014 7:09 AM ESTBank Of Montreal (NYSE: BMO) announced its intention, subject to the approval of the Office of the Superintendent of Financial Institutions Canada (OSFI) and the Toronto Stock Exchange (TSX), to purchase, for cancellation, up to 15 million of its common shares under a normal course issuer bid through the facilities of the TSX. Bank of... More

