Bank of Montreal reports 11% revenue growth amid strong loan demand
2 reports, 1 independent
Updated Sep 23
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What happened
Bank of Montreal reported that revenue increased 11% year over year, while pre-provision, pre-tax income rose 13% to C$4.5 billion. The bank noted that loan closings this year were nearly double the prior year’s level, driven by strong client activity and demand.
From themarketsdaily.com
Why it matters
The bank's financial performance reflects broad-based improvement across all business units, with earnings per share growing 22%. This strong demand for commercial lending and cross-border support is noted despite uncertainty surrounding Canada-U.S. trade negotiations.
From themarketsdaily.com
Who's involved
- Bank of MontrealCanadian investment bank reporting strong financial performance and loan demand
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The entities involved
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Bank of Montreal
Canadian investment bank
- Insider trading activities reported on September 28, 2026, include a Chair acquiring shares of BCE Inc., a Chief Risk Officer selling BMO shares, and a CEO purchasing Altus Group Ltd. shares.
- BMO manages an ETF listed on the TSX that invests in U.S. large cap equity under Canadian securities legislation.