October 4, 2016 / 2:58 PM / 10 months ago

BUZZ-Bank of Montreal: Hits 2-mth low on capital ratio change

1 Min Read

** Canadian financial services company's shares down as much as 1.84 pct to C$84.25 - biggest pct loss in 2 mths

** Bank of Montreal reiterates its regulatory capital ratios for first 3 quarters of 2016

** Says no change to net income, shareholders' equity or common equity tier 1 capital and no change to risk of business

** Investors that had been looking for an incremental lift from capital deployment or greater returns to shareholders may be disappointed - Barclays analysts

** Nearly 1.3 mln shares traded, 1.2x 30-day moving avg

** Up to Monday's close, stock had risen 18.4 pct in the last 12 mths

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