Tag: BMO

2024 BMO Celebrating Women Grant Program launches to back women-owned businesses

BMO, in collaboration with Deloitte Canada, is to continue its BMO Celebrating Women Grant Program. The initiative is dedicated to supporting real financial progress for women-owned businesses. BMO is pledging a total of C$100,000 for ten women-owned businesses that can demonstrate how they are addressing at least two of the United Nations Sustainable Development Goals […]

BMO Strategist Who Called Stock Rally Is Bracing for Correction

(Bloomberg) — One of few Wall Street forecasters who correctly predicted last year’s stock market rally finds himself in a contrarian position once again. But this time Brian Belski thinks equities are set up for a substantial plunge — just as many of his peers are turning bullish. Most Read from Bloomberg A correction is […]

BMO Misses on Capital Markets, Higher Loan-Loss Provisions

(Bloomberg) — Bank of Montreal missed analysts’ estimates as it grappled with weak capital-markets revenue and reported an increase in loan-loss provisions. Most Read from Bloomberg The Toronto-based bank earned C$2.56 per share on an adjusted basis in the fiscal first quarter, it said in a statement Tuesday, falling short of the C$3.02 average estimate […]