Bank of Montreal Stock News

TORONTO and CHICAGO , Sept. 12, 2024 /PRNewswire/ - BMO Financial Group (TSX: BMO) (NYSE: BMO) announced today that the United States Court of Appeals for the Eighth Circuit reversed a prior jury verdict and instructed the district court to enter judgement in favour of BMO's U.S. subsidiary, BMO Bank National Association.

Bank of Montreal persuaded a U.S. appeals court on Thursday to throw out a $564 million jury verdict against a subsidiary over its role in an approximately $3.65 billion Ponzi scheme run by convicted Minnesota businessman Tom Petters.

Investment activity in July focused on Business Development Companies, with $2,000 added to the market. Adjusted dividend income in July of $709, up 19% Y/Y and down 4% sequentially. Main picks included Blackstone Secured Lending, Ares Capital and Owl Rock Capital.

The veteran Canadian lender published its fiscal third-quarter results. Unfortunately, profitability for the period didn't meet analyst expectations.

Bank of Montreal (NYSE:BMO ) Q3 2024 Earnings Conference Call August 27, 2024 7:15 AM ET Company Participants Christine Viau - Head of Investor Relations Darryl White - Chief Executive Officer Tayfun Tuzun - Chief Financial Officer Piyush Agrawal - Chief Risk Officer Nadim Hirji - Group Head, BMO Commercial Bank, North America Ernie Johannson - Group Head, North American Personal & Business Ban...

Canada's Bank of Montreal (BMO) missed estimates for its third-quarter results Tuesday, as profits declined across a number of the bank's divisions and it nearly doubled provisions for credit losses (PCL) compared to last year.

Canada's Bank of Montreal (BMO) reported quarterly profit below analysts' estimates on Tuesday, its sixth miss in a row, hurt by weakness in its U.S. retail segment and as the lender made bigger than expected provisions for potential bad loans.

TORONTO , Aug. 27, 2024 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced at its Board of Directors declared a quarterly dividend of $1.55 per share on paid-up common shares of Bank of Montreal for the fourth quarter of fiscal year 2024 ("Q4 2024 Dividend"), unchanged from the prior quarter. The Board of Directors also declared dividends of: $0.240688 per share on paid-up C...