Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
MicroSectors Solactive FANG & Innovation 3X Leveraged ETN ( (BULZ) ) has shared an update.
Bank of Montreal has reported updated earnings coverage ratios for the 12 months ended January 31, 2026, showing modest improvement over the 12-month period ended October 31, 2025. The filing, dated February 25, 2026, indicates that the bank’s interest coverage on subordinated indebtedness rose to 27.56 times from 26.32 times, while combined interest and grossed-up dividend coverage increased to 13.05 times from 12.70 times, underscoring a solid capacity to service debt and hybrid capital instruments.
The bank’s grossed-up dividend coverage on Class B preferred shares and other equity instruments edged up to 23.90 times from 23.63 times, supported by earnings before income tax of $12,037.26 million for the latest 12‑month period. With total interest and grossed-up dividend requirements of $957.01 million for the year to January 31, 2026, the stronger coverage metrics signal resilient earnings and reinforce BMO’s financial flexibility for ongoing funding and capital market activities.
More about MicroSectors Solactive FANG & Innovation 3X Leveraged ETN
Bank of Montreal is a major North American financial institution offering a broad range of banking and capital markets services to retail, commercial and institutional clients. The bank operates primarily in Canada and the United States, funding its activities through a mix of deposits, subordinated debt and preferred and other equity instruments.
Average Trading Volume: 2,612,931
Current Market Cap: $17.53B
Find detailed analytics on BULZ stock on TipRanks’ Stock Analysis page.