Bank Of Montreal (NYSE:BMO) financial services provider, is reporting fourth quarter earnings results on Tuesday 1st December 2020, Before Market Open.
Previous Quarter Performance
Bank Of Montreal recorded income for the third quarter of $ 1.33 per share, from the revenue of $ 5,185.00 million. The consensus estimates are income of $ 1.67 per share from $ 4210.00 million in revenue. The bottom line results missed street analysts by $ 0.34 or 20.36 percent, at the same time, top line results outshined analysts by $ 975.00 million or 23.16 percent.
Stock Performance
Shares of Bank Of Montreal traded low $ -2.02 or -2.70 percent on Monday, reaching $ 72.72 with volume of 754.10 thousand shares. Bank Of Montreal has traded high as $ 74.59 and has cracked $ 72.16 on the downward trend
According to the previous trading day, closing price of $ 72.72, representing a 95.09 % increase from the 52 week low of $ 38.31 and a 6.49 % decrease over the 52 week high of $ 79.93.
The company has a market capital of $ 46.48 billion and is part of the Financial Services sector and Banks – Global industry.
Bank of Montreal provides diversified financial services primarily in North America. It operates through three groups: Personal and Commercial Banking, Wealth Management, and BMO Capital Markets. The companys personal banking products and services include checking and savings accounts, credit cards, mortgages, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, and specialized banking programs for small business and commercial banking customers, as well as wealth management products and services, such as insurance products.
