Bank of Montreal
BMO: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| L!p | LOCK|Gsh? | LOCK|$l!l&s |
Bank of Montreal Earnings: US Balance Sheet Optimization Mostly Complete
Bank of Montreal reported strong fiscal second-quarter results, as adjusted earnings per share of CAD 3.67 rose 40% from the year-ago quarter. The results translate to an adjusted return on equity of 13.5%, improving 370 basis points year over year, though still below the 15% medium-term target.
