Bank of Montreal
BMO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Pl% | LOCK|#&d@b | LOCK|%>n$T% |
BMO Earnings: Capital Markets Segment's Strong Momentum Continues
Bank of Montreal reported strong fiscal third-quarter results, with adjusted earnings per share of CAD 3.96 up 23% from the prior-year quarter. These results translate into an adjusted return on equity of 14.0%, up 200 basis points year over year but still below the bank's 15% medium-term target.
