Bank of Montreal (BMO.TO) revealed a profit for its fourth quarter that increased from the same period last year.
The company's earnings came in at C$1.58 billion, or C$2.37 per share. This compares with C$1.19 billion, or C$1.78 per share, in last year's fourth quarter.
Excluding items, Bank of Montreal reported adjusted earnings of C$1.61 billion or C$2.41 per share for the period.
The company's revenue for the quarter fell 1.6% to C$5.99 billion from C$6.09 billion last year.
Bank of Montreal earnings at a glance:
-Earnings (Q4): C$1.61 Bln. vs. C$1.61 Bln. last year.
-EPS (Q4): C$2.41 vs. C$2.43 last year.
-Revenue (Q4): C$5.99 Bln vs. C$6.09 Bln last year.
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