August 29, 2017 / 11:00 AM / 6 months ago

Bank of Montreal quarterly earnings beat expectations

TORONTO (Reuters) - Bank of Montreal (BMO.TO), Canada’s fourth-biggest lender, on Tuesday reported third-quarter earnings which were ahead of expectations, driven by strong growth from its Canadian retail and wealth management businesses.

The bank reported earnings per share of C$2.05, up from C$1.86 a year ago. Analysts had on average expected earnings of C$2.00 per share, according to Thomson Reuters I/B/E/S.

Reporting by Matt Scuffham. Editing by Jane Merriman

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