Bank of Montreal quarterly earnings up 3 percent

Tue Aug 23, 2016 6:51am EDT
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TORONTO Aug 23 (Reuters) - Bank of Montreal, Canada's fourth-biggest bank, on Tuesday reported a 3 percent increase in third-quarter earnings, benefiting from strong performances from its retail banking and capital markets businesses.

The bank reported earnings per share of C$1.86 for the quarter to July 31. Analysts on average were expecting earnings of C$1.81 per share, according to Thomson Reuters I/B/E/S.

(Reporting by Matt Scuffham; editing by Jason Neely)