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New
BMO Financial Group Reports Second Quarter 2019 Results
Financial Results Highlights
Second Quarter 2019 Compared With Second Quarter 2018:
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Net income of $1,497 million, up 20%; adjusted net income1 of $1,522 million, up 4%
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EPS2 of $2.26, up 22%; adjusted EPS1, 2 of $2.30, up 5%
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Net revenue3 of $5,652 million, up 8%
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ROE of 13.6%, up from 12.6%; adjusted ROE1 of 13.9% compared with 14.9%
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Provision for credit losses (PCL) of $176 million compared with $160 million in the prior year
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Common Equity Tier 1 Ratio of 11.3%
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Dividend increased $0.03 from the prior quarter to $1.03, up 7% from the prior year
READ MORE
Financial Results Highlights
Second Quarter 2019 Compared With Second Quarter 2018:
-
Net income of $1,497 million, up 20%; adjusted net income1 of $1,522 million, up 4%
-
EPS2 of $2.26, up 22%; adjusted EPS1, 2 of $2.30, up 5%
-
Net revenue3 of $5,652 million, up 8%
-
ROE of 13.6%, up from 12.6%; adjusted ROE1 of 13.9% compared with 14.9%
-
Provision for credit losses (PCL) of $176 million compared with $160 million in the prior year
-
Common Equity Tier 1 Ratio of 11.3%
-
Dividend increased $0.03 from the prior quarter to $1.03, up 7% from the prior year
READ MORE
