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Scotiabank's first-quarter profit hits $2.2-billion even as loan-loss provisions rise

Excluding one-time items, Bank of Nova Scotia reported earnings per share of $1.69, edging out the $1.61 analysts had been forecasting

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Bank of Montreal to Issue Quarterly Dividend of $1.51 (TSE:BMO)

Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) declared a quarterly dividend on Tuesday, February 27th, RTT News reports. Investors of record on Monday, April 29th will be paid a dividend of 1.51 per share by the bank on Tuesday, May 28th. This represents a $6.04 annualized dividend and a yield of 4.95%. Bank […]

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Bank of Montreal Plans Quarterly Dividend of $1.51 (TSE:BMO)

Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) declared a quarterly dividend on Tuesday, February 27th, RTT News reports. Investors of record on Monday, April 29th will be given a dividend of 1.51 per share by the bank on Tuesday, May 28th. This represents a $6.04 dividend on an annualized basis and a yield […]

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Rising Loan Delinquencies Hurt BMO, Scotiabank Earnings

(Bloomberg) Earnings at Bank of Montreal and Bank of Nova Scotia were marred by increasingly cash-strapped consumers and businesses amid a challenging economic landscape. Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersNigeria Delivers Jumbo Rate Hike to Aid Its Battered NairaTreasuries Mixed Amid Another Flurry of Bond Sales: M

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Toronto Stocks Unchanged; Bank of Montreal Slides on Higher 1Q Credit Loss Provisions

By Adriano Marchese Toronto stocks were near flat on Tuesday at midday, as Canadian bank stocks come into focus with earnings kicking off. Bank of Nova.

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