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Bank of Montreal Bottom Line Retreats In Q3

Bank of Montreal (BMO.TO) announced a profit for third quarter that decreased from last year

The company's earnings came in at C$1.37 billion, or C$1.95 per share. This compares with C$2.28 billion, or C$3.41 per share, in last year's third quarter.

Excluding items, Bank of Montreal reported adjusted earnings of C$2.13 billion or C$3.09 per share for the period.

The company's revenue for the quarter fell 19.3% to C$6.10 billion from C$7.56 billion last year.

Bank of Montreal earnings at a glance (GAAP) :

-Earnings (Q3): C$1.37 Bln. vs. C$2.28 Bln. last year.
-EPS (Q3): C$1.95 vs. C$3.41 last year.
-Revenue (Q3): C$6.10 Bln vs. C$7.56 Bln last year.

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