Payments industry digitization

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RY & BMO Consider the Sale of Canada Payments Venture Moneris
ZACKSยท 2025-08-19 15:00
Key Takeaways Year to date, shares of Royal Bank of Canada and Bank of Montreal have gained 13.2% and 16.5%, respectively, underperforming the industry's 35.2% growth. Currently, Royal Bank of Canada and Bank of Montreal carry a Zacks Rank #3 (Hold) each. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Royal Bank of Canada (RY) and Bank of Montreal (BMO) are mulling over the potential sale of their Canada payments joint venture, Moneris, in a deal that could value the busine ...