Wednesday, August 23, 2006
BMO Q3 2006 Earnings
Toronto StarScotia Capital, 23 August 2006Strong Third Quarter Earnings� Bank of Montreal (BMO) reported Q3/06 cash operating earnings of $1.30 per share, better than expected due to a strong 7 basis point improvement in the Canadian Retail net interest margin, continued strong trading revenue and a decline in loan loss provisions to an extremely low level of 11 basis points.� Operating ROE
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