BMO Financial Group’s (TSX: BMO) Net Income Surges 33% YoY In Latest Quarter

1 min read | December 01, 2020 10:25 AM EST | By Team Kalkine Media

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BMO Group reported a net income of C$ 1,584 million in the fourth quarter of fiscal 2020, an increase of 33 per cent year-over-year (YoY).
The company posted earnings per share of C$ 2.37 in Q4 FY21, a surge of 33 per cent YoY from C$ 1.78 in Q4 FY19.
BMO Financial Group kept its quarterly dividend unchanged at C$ 1.06. 
The financial group delivered a return on equity (ROE) of 12.4 per cent in Q4 FY20, up from 9.9 per cent in Q4 FY19.

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