• Conference to be held in Hollywood, Florida from February 22 to 25, 2026 TORONTO, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR; OTCQB: QGLDF; Börse Frankfurt: QX9G) (“QGold” or the “Company”) is pleased to announce that it has been invited to attend the BMO Global Metals, Mining & Critical Minerals Conference. BMO Capital Markets will host its 35th annual Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida on February 22 – 25. Celebrating thirty-five years this ...

经济观察网蒙特利尔银行未来一段时间内，其财报预期、利率政策动向、公司公告与股东变动以及高管 任职资格核准等方面值得关注。 业绩经营情况 高管变动 根据2026年2月的公开信息，该行在2025年完成了中国区部分高管的任职资格核准工作，这反映了其持 续深化在亚洲特别是中国市场的业务布局。 以上内容基于公开资料整理，不构成投资建议。 加拿大央行未来的利率决策是影响银行股的关键变量。蒙特利尔银行全球资产管理公司固定收益和货币 市场主管厄尔.戴维斯在2025年12月表示，该行预计加拿大央行在2026年可能将利率下调至1.75%。利率 环境的任何变化都将直接影响银行的净息差和盈利能力。 公司状况 近期公司公告显示其股权结构存在变动。在2026年2月12日，蒙特利尔银行披露了多份持股变动声明， 涉及部分投资者的股权变动情况，这类文件通常反映了重要股东的持仓变化。 市场将关注其下一份财报。该行2025年第三季度净利润达23.3亿加元，表现超预期。作为加拿大主要银 行之一，其业绩对北美金融板块有一定指示作用。 行业政策与环境 ...

Core Viewpoint - The article discusses the momentum investing strategy, highlighting Bank of Montreal (BMO) as a stock with a favorable Momentum Style Score of B, indicating potential for profitable trades based on recent price trends [1][2]. Company Overview - Bank of Montreal currently holds a Zacks Rank of 2 (Buy), suggesting a positive outlook for the stock [3]. - The stock has shown strong performance, with a 4.1% increase over the past week, compared to a 1.2% increase in the Zacks Banks - Foreign industry [5]. - Over the past month, BMO's shares have risen by 7.8%, outperforming the industry's 5.74% [5]. - In the last quarter, BMO shares increased by 17.96%, and over the past year, they have risen by 45.57%, while the S&P 500 only moved 1.65% and 15.6%, respectively [6]. Trading Volume - BMO's average 20-day trading volume is 870,659 shares, which serves as a bullish indicator when combined with rising stock prices [7]. Earnings Outlook - Recent earnings estimate revisions show one upward revision for the full year, increasing the consensus estimate from $9.74 to $9.90 over the past 60 days [9]. - For the next fiscal year, there has been one upward estimate revision with no downward revisions during the same period [9]. Conclusion - Considering the positive momentum indicators and earnings outlook, BMO is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11].

Core Viewpoint - The unexpected significant increase in non-farm payrolls has led to a rise in the 10-year U.S. Treasury yield, creating challenges for the U.S. Treasury during its upcoming refinancing auction [1] Group 1 - Analyst Ian Lyngen from the Bank of Montreal highlighted the impact of the non-farm payroll increase on U.S. Treasury yields [1] - The rise in yields is particularly inconvenient for the U.S. Treasury, which is set to conduct a quarterly refinancing auction for 10-year Treasury bonds [1] - The issuance and underwriting of new bonds may face challenges due to the increased yields [1]

Core Viewpoint - Bank of Montreal (BMO) has increased its quarterly dividend by 5% to $1.67 CAD per share for Q1 2026, maintaining a strong dividend history despite rising leverage concerns [1]. Financial Performance - BMO's annual dividend is $6.44 per share, with a current yield of 4.61% and a 27-year history of uninterrupted payments [1]. - The earnings payout ratio is 77%, calculated from annual dividends of $6.44 against trailing twelve-month earnings per share of $8.36, indicating manageable levels [1]. - For fiscal 2025, BMO paid $5.03 billion in dividends against $8.51 billion in free cash flow, resulting in a 59% free cash flow payout ratio, which is considered healthy [1]. Cash Flow and Coverage - Operating cash flow for BMO was $10.24 billion, exceeding the dividend outlay by more than 2 times, demonstrating strong coverage [1]. - The bank maintained its dividend even during quarters with negative operating cash flow in Q2 and Q3 2025, relying on cash reserves [1]. Balance Sheet and Leverage - BMO's balance sheet shows $88.1 billion in shareholder equity against $1.48 trillion in total assets, with a debt-to-equity ratio of 4.71x, which is elevated but typical for large banks [1]. - The CET1 ratio stands at 13.3%, indicating a well-capitalized position despite a slight decrease from the previous quarter [1]. Management Confidence - CEO Darryl White expressed confidence in future growth and shareholder returns, highlighting the bank's share repurchase of 8 million shares during Q4 2025 [1]. - The combination of buybacks and dividends returned nearly all free cash flow to shareholders in fiscal 2025, reflecting management's confidence [1]. Dividend Sustainability - BMO's dividend appears secure, supported by earnings and free cash flow, with a 59% FCF payout ratio providing room for economic softness [1]. - The 27-year payment streak and recent 5% increase indicate management's confidence in sustaining the dividend through normal business cycles [1].

Group 1 - The core viewpoint of the article is that Montreal Bank Capital Markets has set a target for the S&P 500 index to reach 7380 points by the end of 2026 [1]

Core Viewpoint - The Montreal Bank's strategy team suggests that if Kevin Warsh leads the Federal Reserve, it could follow the Bank of England's past experience in reducing its balance sheet without causing significant market disruptions, provided there is adequate liquidity support in place [1]. Group 1 - Laurence Mutkin, the EMEA interest rate strategy head, noted that the Bank of England successfully reduced its bond portfolio by nearly half over four years without causing notable market disturbances, primarily due to a robust liquidity support system [1]. - The Bank of England implemented two targeted tools: a weekly short-term repurchase agreement (STR) allowing banks to borrow central bank reserves against high-quality collateral like UK government bonds, and a weekly indexed long-term repurchase agreement (ILTR) enabling financial institutions to borrow six-month central bank reserves against eligible collateral [1]. - Mutkin emphasized that clear communication regarding the applicability of liquidity tools, including market consultation, can effectively mitigate potential risks during the balance sheet reduction process [1]. Group 2 - Kevin Warsh, nominated by President Trump as a candidate for Federal Reserve Chair, has consistently expressed a desire to reduce the Federal Reserve's balance sheet [1]. - The Federal Reserve previously paused its balance sheet reduction process twice, in 2019 and 2025 [1].

Core Insights - BMO has been recognized as one of Canada's leading investment managers, winning awards for 19 ETFs and 8 mutual funds at the FundGrade A+® Awards held on February 5, 2026 [1] ETF Performance Summary - BMO Balanced ETF (TSX:ZBAL) achieved a 1-year return of 13.03%, 3-year return of 13.79%, 5-year return of 7.68%, and since inception return of 8.48% [3] - BMO BBB Corporate Bond Index ETF (TSX:ZBBB) reported a 1-year return of 5.11%, 3-year return of 6.74%, 5-year return of 2.35%, and since inception return of 3.04% [3] - BMO Equal Weight Global Gold Index ETF (TSX:ZGD) had an impressive 1-year return of 169.36%, 3-year return of 59.91%, and since inception return of 10.63% [5] - BMO Low Volatility Canadian Equity ETF (TSX:ZLB) delivered a 1-year return of 25.26%, 3-year return of 16.48%, and since inception return of 12.78% [7] - BMO Nasdaq 100 Equity Index ETF (TSX:ZNQ) achieved a 1-year return of 15.02%, 3-year return of 33.17%, and since inception return of 21.39% [10] Mutual Fund Performance Summary - BMO Canadian Income & Growth Fund (Series F) reported a 1-year return of 13.90% and a since inception return of 13.10% [13] - BMO Global Dividend Opportunities Fund (Series F) achieved a 1-year return of 16.11% and a 10-year return of 10.40% [13] - BMO Monthly Dividend Fund Ltd. (Series F) had a 1-year return of 17.71% and a since inception return of 6.06% [15] - BMO U.S. Dollar Balanced Fund (Series F) reported a 1-year return of 12.49% and a 10-year return of 7.87% [16]

Core Viewpoint - Banco Santander is advancing its strategy to enhance scale and profitability in the U.S. through the acquisition of Webster Financial for $12.3 billion, marking a significant milestone in its growth initiative [2][3][11]. Group 1: Acquisition Details - The acquisition of Webster Financial, valued at $12.3 billion, will be financed with 65% cash and 35% stock, and is expected to close in the second half of 2026, pending regulatory and shareholder approvals [3][9][11]. - This deal represents the largest U.S. bank merger or acquisition by assets and deal value since 2021 and is the first instance of a European bank acquiring a U.S. bank in several years [3][4][11]. - Post-acquisition, Santander's total assets will increase to approximately $327 billion, surpassing regional competitors such as Citizens Financial Group and M&T Bank [12][13]. Group 2: Strategic Rationale - The acquisition is aimed at diversifying Santander's loan portfolio, which has been heavily focused on consumer finance, by incorporating Webster's strong commercial and industrial loan offerings [5][11]. - Webster Financial provides a stable source of low-cost deposits from various channels, enhancing Santander's funding capabilities for its U.S. auto-loan portfolio [6][11]. - The deal fills a geographic gap for Santander, allowing for a more contiguous branch network in the Northeast, particularly in Connecticut and surrounding areas [7][11]. Group 3: Financial Projections and Benefits - Santander anticipates realizing $800 million in total cost savings from the acquisition, including $480 million from headquarters efficiencies and branch optimization, and expects a return on tangible equity in the U.S. to rise to 18% by 2028 [9][10]. - The acquisition is projected to deliver earnings per share accretion of 7%-8% by 2028, enhancing overall profitability [10][11]. Group 4: Market Context and Analyst Insights - Analysts view the Webster acquisition as a sign of Santander's major expansion cycle, contrasting with the trend of European banks retreating from the U.S. market [14][15]. - The deal reflects a renewed interest from foreign institutions in building scale in the U.S. under a more favorable regulatory environment for bank mergers and acquisitions [17][19]. - Despite initial stock price fluctuations following the announcement, Santander's stock showed signs of recovery, indicating market reactions to the acquisition [21][22].

Core Viewpoint - Bank of Montreal (BMO) has shown significant improvement in its return on equity (ROE) outlook, leading to a positive reassessment by analysts and a notable increase in stock performance over the past year [2][3]. Financial Performance - In the fourth quarter of fiscal 2025, BMO reported an adjusted profit of $2.5 billion, or $3.28 per share, compared to $1.5 billion, or $1.90 per share, in the previous year [4]. - For the full fiscal year, BMO's adjusted net income reached $9.3 billion, with an adjusted EPS of $12.16 [4]. - The stock is currently trading at approximately 16.4 times earnings and offers a forward dividend yield of about 3.5% [4]. Analyst Upgrades - TD Securities upgraded BMO from Hold to Buy, raising the price target from C$184 to C$209, based on improved ROE guidance [2]. - The bank's ROE is expected to increase by about 300 basis points over the next two years, surpassing peers by approximately 150 basis points [2]. Business Mix and Stability - BMO's earnings are diversified across Canadian banking, US banking, wealth management, and capital markets, which provides stability against downturns in any single area [3]. - The stock has appreciated nearly 40% over the past year, reflecting this stability [3]. Future Focus - Looking ahead to 2026, key areas of focus for BMO will include credit quality, loan demand, and the impact of interest rate changes on margins [3].