Bank of Montreal quarterly profit rises on wealth management strength
ReutersMay 28, 2025 10:05 AM
May 28 (Reuters) - Canadian lender Bank of Montreal BMO.TO reported a rise in second-quarter profit on Wednesday, helped by strength in its wealth management business.
The bank's adjusted net income rose to C$2.05 billion ($1.48 billion), or C$2.62 per share, in the three months ended April 30, compared with C$2.03 billion, or C$2.59 per share, a year earlier.
($1 = 1.3822 Canadian dollars)
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