BMO

• Scotiabank beats profit estimates on interest income strength, BMO misses

  Scotiabank on Tuesday beat estimates for its first-quarter profit, helped by robust growth in interest income, while BMO fell short due to bigger loan-loss provisions.

  Economy

  Feb 27
  
• Does your partner spend too much? BMO finds one third of Canadians think so

  About one-third of Canadian couples say spending is often a source of disagreement in their relationship, according to a new report from BMO.

  Money

  Feb 8
  
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• Canadians are contributing less to TFSAs as monthly costs soar: survey

  The basic monthly living expenses for Canadians have increased nearly $400 year-over-year, according to a new survey by BMO of over 1,500 Canadians.

  Canada

  Jan 19
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• New BMO report sheds light on spending plans for Canadians heading into 2024

  A BMO report found nearly a third of Canadians surveyed said they plan to cut back on spending in 2024 and 42 per cent are changing their New Year's resolutions.

  Canada

  Dec 12, 2023
• 52% of new homebuyers likely to use first-time savings account: poll

  A new survey suggests a little more than half of potential first-time homebuyers are interested in using a first home savings account, even though they don't know much about it.

  Money

  Dec 7, 2023
• BMO Financial Group reports Q4 profit down from 1 year ago, raises dividend

  On an adjusted basis, BMO says it earned $2.81 per diluted share in its latest quarter, down from an adjusted profit of $3.04 per diluted share a year ago.

  Economy

  Dec 1, 2023
• Inflation uptick could mean interest rates stay higher for longer

  New economic outlooks released this week expect interest rates will start to decline in 2024, but at a slower pace than previously thought.

  Money

  Sep 28, 2023
• Mortgage stress looms over Canada’s big banks. What they — and consumers — can do

  Earnings season from Canada's biggest banks show stretched amortizations persist among lenders' mortgage books. Here's what to know if your mortgage is up for renewal.

  Money

  Aug 31, 2023
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• BMO, Scotiabank set aside more funds to cover bad loans amid higher interest rates

  BMO and Bank of Nova Scotia, missed analysts' estimates for quarterly profit on Tuesday as they set aside more funds to cover for bad loans.

  Money

  Aug 29, 2023
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• BMO brings girls’ soccer coaching clinic to Kingston, Ont.

  Bank of Montreal has brought its fifth annual girls' soccer coaching clinic to Kingston, Ont., for the first time, in hopes of growing the women's game.

  Canada

  Aug 20, 2023