Canada's BMO posts higher profit on capital markets strength
27/05/2026 11:01
Canada's BMO posts higher profit on capital markets strength May 27 (Reuters) - Canadian bank BMO Financial BMO.TO reported a jump in second-quarter profit on Wednesday, lifted by robust performance in its capital markets business.
Profit was C$2.63 billion ($1.90 billion), or C$3.53 per share, in the three months ended April 30, compared with C$1.96 billion, or C$2.50 per share, a year earlier.
($1 = 1.3823 Canadian dollars)
(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Jonathan Ananda)