for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Company News

Bank of Montreal profit rises 5.4%

Feb 25 (Reuters) - Bank of Montreal reported a 5.4% rise in quarterly profit on Tuesday, helped by strength in its Canadian personal and commercial banking as well as capital markets businesses.

The lender said net income rose to C$1.59 billion ($1.20 billion), or C$2.37 per share, in the first quarter ended Jan. 31 from C$1.51 billion, or C$2.28 per share, a year earlier.

$1 = 1.3220 Canadian dollars Reporting by Abhishek Manikandan in Bengaluru; Editing by Anil D’Silva

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up