Bank of Montreal quarterly profit jumps on capital markets strength
ReutersFeb 25, 2025 11:05 AM
Feb 25 (Reuters) - Canadian lender Bank of Montreal BMO.TO on Tuesday reported a jump in first-quarter profit driven by strength in its capital markets business.
The bank's adjusted net income rose to C$2.29 billion ($1.60 billion), or C$3.04 per share, in the three months ended January 31, compared with C$1.89 billion, or C$2.56 per share, a year earlier.
($1 = 1.4268 Canadian dollars)
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