Bank of Montreal (BMO.TO) released earnings for its second quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at C$1.818 billion, or C$2.50 per share. This compares with C$1.719 billion, or C$2.36 per share, last year.
Excluding items, Bank of Montreal reported adjusted earnings of C$1.902 billion or C$2.62 per share for the period.
Analysts on average had expected the company to earn C$2.55 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 8.7% to C$8.679 billion from C$7.988 billion last year.
Bank of Montreal earnings at a glance (GAAP) :
-Earnings: C$1.818 Bln. vs. C$1.719 Bln. last year.-EPS: C$2.50 vs. C$2.36 last year.-Revenue: C$8.679 Bln vs. C$7.988 Bln last year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.