Bank of Montreal's Capital Markets, Wealth Management Units Shine in F3Q -- Market Talk
Dow Jones2026/08/25 12:030803 ET - Bank of Montreal handily beat adjusted earnings expectations in F3Q thanks to strong performances in equity trading and wealth management. TD Cowen analyst Mario Mendonca says in a report that BMO's adjusted EPS of C$3.96 topped his estimate of C$3.73 and the Wall Street consensus of C$3.77. All segments reported growth, Mendonca says, while the bank also had lower-than expected credit loss provisions of C$722 million versus TD's estimate of C$755 million. Strong equity trading volumes helped prop up the capital markets and wealth management units, Mendonca says.(adriano.marchese@wsj.com)
(END) Dow Jones Newswires
August 25, 2026 08:03 ET (12:03 GMT)
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