BMO Capital Markets on Bank Dividends

BMO Capital Markets, 22 August 2007We aren't in the camp that is encouraging banks to boost dividends and buybacks aggressively. Maybe we are just showing our age, but we continue to believe that the short-term fixed income market volatility warrants some caution.We believe that CIBC will boost its dividend this quarter (it has meaningfully lagged its peers on this front over the past year); we