Financial Results Highlights: Second Quarter 2015 Compared with Second Quarter 2014: - Net income of $1 billion, down 7%; adjusted net income(1) of $1,146 million, up 5% - EPS(2) of $1.49, down 7%; adjusted EPS(1,2) of $1.71, up 5% - ROE of 11.4%, compared with 14.3%; adjusted ROE(1) of 13.2%, compared with 14.6% - Provisions [...]
TORONTO, ONTARIO, May 27 (Korea Bizwire) – Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced a domestic public offering of $200 million of Non-Cumulative 5-Year Rate Reset Class B Preferred Shares Series 33 (Non-Viability Contingent Capital (NVCC)) (the “Preferred Shares Series 33″). The offering will be underwritten on a bought-deal basis by a syndicate [...]
TORONTO, ONTARIO, Apr. 23 (Korea Bizwire) – Bank of Montreal (TSX: BMO)(NYSE: BMO) today announced that it will exercise its right to redeem all of its $350,000,000 Non-Cumulative Perpetual Class B Preferred Shares Series 13 (“Preferred Shares Series 13″) on May 25, 2015, at the redemption price of $25.25 per share, for total redemption proceeds [...]
TORONTO, ONTARIO, Feb. 24 (Korea Bizwire) – Bank of Montreal (TSX: BMO)(NYSE: BMO) today announced that the Board of Directors declared a quarterly dividend of $0.80 per share on paid-up common shares of Bank of Montreal for the second quarter of fiscal year 2015, unchanged from the previous quarter. The Board of Directors also declared [...]
Financial Results Highlights: First Quarter 2015 Compared with First Quarter 2014: - Net income of $1.0 billion, down 6%; adjusted net income(1) of $1,041 million, down 4% - EPS(2) of $1.46, down 8%; adjusted EPS(1,2) of $1.53, down 5% - ROE of 11.8%, compared with 14.2%; adjusted ROE(1) of 12.3%, compared with 14.5% - Provisions [...]
TORONTO, ONTARIO, Jan. 23 (Korea Bizwire) — BMO Financial Group will host an Investor Day on Thursday, January 29, 2015, from 9:30 a.m. to 4:00 p.m. EST. The event will provide investors and other interested parties with an in-depth view of BMO’s Canadian Personal & Commercial Banking and Wealth Management businesses. Interested parties are invited [...]
TORONTO, ONTARIO, Jan. 22 (Korea Bizwire) — Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced its intention to redeem all of its $400,000,000 Non-Cumulative 5-Year Rate Reset Class B Preferred Shares Series 23 (“Preferred Shares Series 23″) on February 25, 2015. The Preferred Shares Series 23 are redeemable at Bank of Montreal’s option on February 25, 2015, [...]
TORONTO, ONTARIO, Dec. 2 (Korea Bizwire) – BMO Financial Group (TSX:BMO)(NYSE:BMO) and Bank of Montreal - Financial Results Highlights: Fiscal 2014 Compared with Fiscal 2013: – Net income of $4,333 million, up 3%; adjusted net income(1) of $4,453 million, up 5 % – EPS(2) of $6.41, up 4%; adjusted EPS(1,2) of [...]
TORONTO, ONTARIO, Dec. 2 (Korea Bizwire) - Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that the Board of Directors declared a quarterly dividend of $0.80 per share on paid-up common shares of Bank of Montreal for the first quarter of fiscal year 2015, a 2 cent increase from the previous quarter. The Board of Directors also declared [...]
TORONTO, ONTARIO, Dec. 2 (Korea Bizwire) - Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced its intention, subject to the approval of the Office of the Superintendent of Financial Institutions Canada (OSFI) and the Toronto Stock Exchange (TSX), to purchase, for cancellation, up to 15 million of its common shares under a normal course issuer bid through [...]