BMO hikes dividend after posting surge in adjusted profit [Globe and Mail, The (Toronto, Canada)]
S&P Global Inc. (SPGI)
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Source: Globe and Mail, The
Listen to this article Learn more about audio Log in or create a free account to listen to this article. Toronto-based BMO BMO-T increase reported profit of $2.3-billion, which was roughly unchanged from the prior year, when the bank benefitted from the reversal of a legal provision. After adjusting to exclude one-time items, including the impact of the legal provision and the sale of some BMO branches in the U.S., the bank said profit increased 63 per cent year-over-year to $2.51-billion. Adjusted earnings per share of $3.28 beat the consensus estimate among analysts, who expected earnings of $3.03 per share, according to S&P Capital IQ. The bank raised its quarterly dividend by 4 cents, or 2 per cent, to $1.67 per share. BMO is the fifth major Canadian bank to report earnings that surpassed profit estimates for the fiscal fourth quarter, which ended Oct. 31. The banks have churned out earnings in spite of the uncertainty weighing on the economy from trade tensions w
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SPGI
Earnings
- 10/31/25 - Beat
SPGI
Sec Filings
- 12/4/25 - Form 8-K
- 12/1/25 - Form 8-K
- 11/13/25 - Form 8-K
- SPGI's page on the SEC website