MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) has released an update.
BMO Financial Group showcased a solid financial performance in the third quarter of 2024, with reported net income rising to $1,865 million, up from $1,565 million in the previous year, and adjusted net income at $1,981 million. Despite the cyclical uptick in loan loss provisions, the company achieved strong pre-provision pre-tax earnings, underpinned by growth in Canadian banking and increased market-sensitive business activities. Furthermore, BMO announced a stable quarterly dividend of $1.55 per common share, marking a 5% increase from the previous year.
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