Wednesday, May 23, 2007

Bank of Montreal second-quarter profit rises 3 pct

(Reuters) - BMO, Canada's fourth biggest bank by assets, posted earnings of C$671 million, or C$1.29 per share, in the three months ended April 30. That is up from C$651 million, or C$1.25 a share, in the same period a year earlier.



BMO said last week it would record the commodities-related pretax trading losses over the first and second quarters.


Read more at Reuters.com Market News

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