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BMO Q3 FY26 net income drops 25% to C$1.75 billion year over year; revenue rises 10.1% to C$9.9 billion
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BMO Q3 FY26 net income drops 25% to C$1.75 billion year over year; revenue rises 10.1% to C$9.9 billion
  • BMO posted Q3 2026 net income of CAD 1.75 billion, down 25% year over year; diluted EPS fell 24% to CAD 2.38.
  • Results were hit by a CAD 962 million after-tax charge tied to reduced goodwill on the planned sale of its Transportation and Vendor Finance units.
  • Adjusted (non-GAAP) net income rose 19% to CAD 2.86 billion; adjusted diluted EPS increased 22% to CAD 3.96.
  • Reported ROE narrowed 3.2 percentage points to 8.4%; CET1 ratio eased 0.5 percentage points to 13%.
  • Provision for credit losses declined to CAD 722 million from a year earlier; quarterly common dividend held at CAD 1.71 a share.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BMO - Bank of Montreal published the original content used to generate this news brief via CNW (Ref. ID: 202608250530CANADANWCANADAPR_C5274) on August 25, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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