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BMO reports $1.49B of net income in 1st quarter, adult 39%

  • February 28, 2017
  • Business

​The Bank of Montreal had net income of $1.49 billion during a initial quarter, adult 39 per cent from a year ago, according to formula posted early Tuesday. 

During a same duration final year, BMO had $1.07 billion of quarterly profit.

The gain amounted to $2.22 per share, adult from $1.58 per share during a initial entertain of 2016.

The bank also reported $5.41 billion of revenue, compared with $5.08 billion a year ago.

On an practiced basement BMO warranted $1.53 billion, or $2.28 per share, adult from $1.18 billion, or $1.75 per share, a year ago.

Article source: http://www.cbc.ca/news/business/bmo-q1-2017-1.4002387?cmp=rss

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