=-=Bank of Montreal (BMO) reported earnings on Wed 29 May 24 (b/o)

 

Bank of Montreal misses by CAD0.18, misses on revs; raises dividend

• Reports Q2 (Apr) earnings of CAD2.59 per share, CAD0.18 worse than the FactSet Consensus of CAD2.77; revenues rose 2.4% year/year to CAD7.97 bln vs the CAD8.07 bln FactSet Consensus.
  • Provision for credit losses (PCL) of CAD705 million, compared with CAD1,023 million on a reported basis and CAD318 million on an adjusted basis1
  • Return on equity (ROE) of 9.9%, compared with 5.5%; adjusted ROE1, 2 of 10.9%, compared with 12.6%
  • Common Equity Tier 1 (CET1) Ratio of 13.1%, compared with 12.2%
• Declared a quarterly dividend of CAD1.55 per common share, an increase of CAD0.08 or 5% from the prior year and CAD0.04 or 3% from the prior quarter

Earnings this week : May 27 - 31, 24 (wk 22)

Monday (May 27) : Memorial Day holiday

Tuesday (May 28)

• Morning: BZUN MOMO
• Afternoon: APPS  BOX CAVA HEI  OOMA

Wednesday (May 29)

• Morning: ANF AAP AEO  BMO  CHWY CMCO DKS
• Afternoon: A  AEO AI CDRO CPRI CRM HPQ NCNO NTNX OKTA PATH PSTG SSYS

Thursday (May 30) 

• Morning: BBY BIRK BURL CAL CBRL DG FL HRL KSS ROIV SPTN
• Afternoon: AMBA ASAN COO COST DELL ESTC GPS  HCP MRVL MDN NTAP JWN PD PHR S ULTA VEEV ZS

Friday (May 31)

• Morning: GCO
• Afternoon: FRO

-=Bank of Montreal (BMO) reported earnings on Tue 3 Dec 19 (b/o)

Bank of Montreal beats by CAD 0.02, beats on revs 

Reports Q4 (Oct) earnings of CAD 2.43 per share, excluding non-recurring items, CAD 0.02 better than the S&P Capital IQ Consensus of CAD 2.41; revenues rose 3.3% year/year to CAD 6.09 bln vs the CAD 5.86 bln S&P Capital IQ Consensus.

Total provision for credit losses was $253 million, an increase of $78 million from the prior year. The provision for credit losses ratio was 23 basis points, compared with 18 basis points in the prior year. The provision for credit losses on impaired loans of $231 million increased $54 million from $177 million in the prior year, primarily due to higher provisions in BMO Capital Markets and our P&C businesses.

Dividend increased $0.03 to $1.06, up 6% from the prior year.

Earnings this week : Dec 2 - 6, 19 (wk 49)

Monday (Dec 2)

• Morning: DSX
• Afternoon: COUP

Tuesday (Dec 3)

• Morning: BMO DCI GSM LE  QTT
• Afternoon: AVAV HQY MRVL CRM WDAY ZS

Wednesday (Dec 4)

• Morning: BNED CPB GIII JW.A RY
• Afternoon: HOME DSGX ESTC FIVE GEF HRB POWL PGNY RH SMTC WORK SMAR SPWH SNPS TLYS VRNT 

Thursday (Dec 5)

• Morning: BF.B CM DG DLTH EXPR GMS JILL KIRK KLXE KR MEI MIK PDCO SCWX SIG SY TIF TD
• Afternoon: AOBC CLDR COO CRWD DOCU DOMO EZPW GWRE MDLA OKTA PD SAIC ULTA YEXT ZM ZUMZ ZUO

Friday (Dec 6) 

• Morning: BIG GCO  HHR

Notable earnings reports:

• Coupa Software (NASDAQ:COUP) and Diana Shipping (NYSE:DSX) on December 2; 
• Salesforce (NYSE:CRM), Workday (NASDAQ:WDAY), Marvell Technologies (NASDAQ:MRVL) and AutoZone (NYSE:AZO) on December 3; 
• Slack Technologies (NYSE:WORK), Campbell Soup (NYSE:CPB), At Home Group (NYSE:HOME) and Five Below (NASDAQ:FIVE) on December 4; 
• Kroger (NYSE:KR), Lululemon (NASDAQ:LULU), DocuSign (NASDAQ:DOCU), Dollar General (NYSE:DG) and Zoom Video (NASDAQ:ZM) on December 5; 
• Big Lots (NYSE:BIG) and Genesco (NYSE:GCO) on December 6.

=Bank of Montreal (BMO) reported earnings on Tue 29 Aug 2017 (b/o)

Bank of Montreal beats by CC$0.03, misses on revs

• Reports Q3 (Jul) earnings of CC$2.03 per share, excluding non-recurring items, CC$0.03 better than the Capital IQ Consensus of CC$2.00; revenues fell 3.1% year/year to CC$5.46 bln vs the CC$5.52 bln Capital IQ Consensus.
• Return on tangible common equity (ROTCE) was 16.5% compared with 16.3% in the prior year, and adjusted ROTCE was 16.0% compared with 16.6%.
• BMO's Common Equity Tier 1 (CET1) Ratio was 11.2% at July 31, 2017. The CET1 Ratio decreased from 11.3% at the end of the second quarter due largely to business growth and share repurchases during the quarter, partially offset by retained earnings growth.