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BMO Reports Record Q1 Revenue, Exceeds Earnings Forecasts

2/26/2026

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Story summary
  • Bank of Montreal (BMO) reported a strong first quarter 2026 with record revenue across operating segments and an improved return on equity.
  • Analyst Stephen Boland of Raymond James said the bank's adjusted earnings per share were C$3.48, above forecasts of C$3.21 and C$3.20.
  • The bank aims to reach a 15% return on equity by the end of 2027, with a potential focus on resuming loan growth.