Bank of Montreal reports Q1 adjusted EPS C$3.48 vs. C$3.04 last year

Reports Q1 revenue C$9.82B vs. C$9.27B last year. Reports Q1 CET1 capital ratio 13.6%. “BMO had a very strong start to the year. Building on last year’s momentum we are executing on our commitments, delivering higher return on equity and double-digit earnings growth. We earned record revenue in each of our operating segments this quarter, with strong fee growth in our market-driven businesses. Our focus on closely managing expenses and operational efficiency is creating capacity for strategic investments in technology and talent that deliver value for today and the future. Credit is well-managed and in-line with our expectations,” said Darryl White, CEO of BMO Financial Group.