Bank of Montreal profit climbs 5.4%

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Bank of Montreal profit climbs 5.4% GlobeBusiness

This translation has been automatically generated and has not been verified for accuracy.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 $1.59-billion, or $2.37 per share, in the first quarter ended Jan. 31 from $1.51-billion, or $2.28 per share, a year earlier. Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening.

 

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