BMO Raises Dividend, Reports $2.63B Q2 Profit, up From $1.96B a Year Ago

BMO's profit jumps in Q2 but sees signs of pressure building on consumers

TORONTO — BMO Financial Group reported its second-quarter profit rose more than 30 per cent compared with a year ago and raised its quarterly dividend, but the bank says it's staying "vigilant" in the face of ongoing macroeconomic uncertainty.

BMO raises dividend, reports $2.63B Q2 profit, up from $1.96B a year ago

TORONTO - BMO Financial Group reported its second-quarter profit rose more than 30 per cent compared with a year ago and raised its quarterly dividend.

BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 5 percent from the prior year

TORONTO, May 27, 2026 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.71 per share on paid-up common shares of Bank of Montreal for the third quarter…

BMO Profit Jumps 34% In Q2 2026 As Credit Costs Fall

Bank of Montreal (TSX: BMO) reported Q2 2026 net income of $2.63 billion, up from $1.96 billion a year earlier. By segment, Capital Markets delivered the biggest year-over-year percentage gain. Reported net income rose to $638.0 million from $434.0 million last year, while adjusted net income increased to $641.0 million from $437.0 million. Canadian P&C earned $884.0 million, up from $764.0 million last year. US Banking reported net income of $7…

BMO Financial Group Increases Common Share Dividend by 4 Cents on May 27, 2026

BMO Financial Group announced an increase in its common […] The post BMO Financial Group Increases Common Share Dividend by 4 Cents on May 27, 2026 first appeared on GeneOnline News. The post BMO Financial Group Increases Common Share Dividend by 4 Cents on May 27, 2026 appeared first on GeneOnline News.