February 23, 2016 / 12:01 PM / in a year

Bank of Montreal profit rises on U.S. retail banking growth

TORONTO, Feb 23 (Reuters) - Bank of Montreal posted a higher quarterly profit on Tuesday, lifted by growth in its U.S. personal and commercial banking business.

Net income for the first quarter ended Jan. 31 was C$1.07 billion, or C$1.58 per share, compared with C$1 billion, or C$1.46 per share, a year earlier. Excluding special items, earnings were C$1.75 per share.

Analysts on average had expected C$1.72 a share, according to Thomson Reuters I/B/E/S. (Reporting by John Tilak Editing by W Simon)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below