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flag BMO Financial Group reported a Q1 profit of $1.29bn, up from $133m a year ago.

flag BMO Financial Group reported a Q1 profit of $1.29bn, up from $133m a year ago, as its provision for credit losses increased. flag The bank's profit amounted to $1.73 per diluted share for the quarter ended Jan. 31, with revenue rising to $7.67bn, up from $5.10bn. flag Despite the uncertain economic outlook, BMO's CEO, Darryl White, highlighted the strength and resilience of the bank's diverse businesses and strategic acquisitions.

14 months ago
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