Bank of Montreal

BMO: XTSE (CAN)
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Bank of Montreal Earnings: US Balance Sheet Optimization Expected to Finish in Next Quarter

Bank of Montreal reported OK results, with adjusted EPS of CAD 3.48, up 14% from the prior-year quarter. This quarter’s results translate into an adjusted ROE of 12.4%, improving by 110 basis points year over year, but it’s still below its 15% medium-term target.

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