Bank of Montreal's F2Q EPS Lifted by Expense Performance, Stable Credit Trends -- Market Talk

Dow Jones05-27 22:28

1028 ET - Bank of Montreal's quarterly EPS performance was stronger than expected, driven by lower-than-anticipated expenses and stable credit trends, Raymond James' Stephen Boland says. Adjusted EPS of C$3.67 was ahead of the C$3.38 Boland forecast thanks to cost cutting and lower credit-loss provisions, while a net interest margin of 2.29%, excluding trading, compared with the 2.33% anticipated. Boland says Bank of Montreal's credit remained manageable, with the impaired provision for the credit losses ratio relatively stable on-quarter at 45 basis points. (robb.stewart@wsj.com)

(END) Dow Jones Newswires

May 27, 2026 10:28 ET (14:28 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment