Interim Consolidated Financial Statements Consolidated Statement of Income | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------|-------|-------|--------------------|-------|----------------------------------|----------------|-------|--------------------|-------|--------------------------------------|-------|----------------| | (Unaudited) (Canadian ...

Bank of Montreal (NYSE:BMO) Q3 2024 Earnings Conference Call August 27, 2024 7:15 AM ET Company Participants Christine Viau - Head of Investor Relations Darryl White - Chief Executive Officer Tayfun Tuzun - Chief Financial Officer Piyush Agrawal - Chief Risk Officer Nadim Hirji - Group Head, BMO Commercial Bank, North America Ernie Johannson - Group Head, North American Personal & Business Banking, BMO Financial Group Conference Call Participants Doug Young - Desjardins Capital Markets Meny Grauman - Scotia ...

Key TakeawaysThe Bank of Montreal's third-quarter earnings fell short of analysts' estimates as profits declined across several segments, including personal and commercial banking in the U.S. and Canada.Overall, profits increased year-over-year despite lower revenue, as CEO Darryl White said the bank practiced "good cost discipline."The bank's shares moved lower in early trading Tuesday after the earnings report was released. Canada's Bank of Montreal (BMO) missed estimates for its third-quarter results Tue ...

BMO's Third Quarter 2024 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended July 31, 2024 are available online at www.bmo.com/investorrelations and at www.sedarplus.ca.Financial Results HighlightsThird Quarter 2024 compared with Third Quarter 2023:Net income of $1,865 million, compared with $1,565 million; adjusted net income1, 2 of $1,981 million, compared with $2,148 millionReported earnings per share (EPS)3 of $2.48, compared with $2.12; adjuste ...

Iryna Tolmachova/iStock Editorial via Getty Images Summary As Bank of Montreal (NYSE:BMO) gears up to release its fiscal Q3 earnings on August 27th, 2024, there's a lot of anticipation-and a bit of anxiety-among investors. BMO is expected to report $6bn in revenue for the quarter, and a lot of attention will also be on the bottom line. With Canada's economy teetering on the edge of a recession, everyone's eager to see how BMO is handling the pressures of rising interest rates and potential loan defaults. Th ...

Customers now earn new bonuses on everyday spend, including gas, electric vehicle charging, groceries, and higher earn on dining purchases. In addition to points on everyday spend, customers will continue to earn on hotel and airfare purchases at a new 2x points per dollar rate. CHICAGO, Aug. 6, 2024 /PRNewswire/ - BMO has launched its enhanced BMO Premium Rewards Credit Card with Mastercard designed to meet the everyday spending needs of its customers and help them make real financial progress. In addition ...

NEW YORK, July 8, 2024 Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that it intends to redeem all of the outstanding securities in each of the series set forth in the following table (collectively, the "Affected Securities"): * The table above provides, for each of the Affected Securities, which are identified by their names, a hyperlink to the relevant pricing supplement.  Hyperlinks to the applicable base prospectus and prospectus supplement are contained in such pricing supplements. Capitalized t ...

CINCINNATI, June 03, 2024 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced that the company will participate in the BMO Virtual Software Conference. The presentation is scheduled for Monday, June 10, 2024 at 11:30 am Eastern Time. The presentation will be webcast live and accessible for replay for a limited time under the "Events & Presentations" section of Paycor’s investor relations website at https://investors.p ...

Shares of Bank of Montreal (BMO) plunged 9.5% in response to its second-quarter fiscal 2024 (ended Apr 30) results. Adjusted earnings per share of C$2.59 declined 10.4% year over year.A significant jump in provision for credit losses and lower net interest income (NII) primarily hurt the results. However, increases in non-interest income, higher loans and deposit balance and slightly lower expenses acted as tailwinds.After considering non-recurring items, net income was C$1.87 billion ($1.38 billion), which ...

Key TakeawaysBank of Montreal missed profit and sales estimates Wednesday as it increased its provision for credit losses and reported a decline for its U.S. unit.The Canadian bank set aside C$705 million ($517 million) to cover bad loans, more than in the previous quarter and above analysts' forecasts.Bank of Montreal's U.S. personal and commercial banking income dropped as net interest income fell. Shares of Bank of Montreal or BMO Financial Group (BMO) plunged over 8% in intraday trading Wednesday after ...