Bank of Montreal BMO

Primary Symbol: T.BMO Alternate Symbol(s): N.ZOCT | CARU | FNGO | T.BMO.PR.E | T.BMO.PR.W | FNGU | T.BMO.PR.Y | N.BGDV | N.ZEBA | CARD | FNGD | N.ZUEA

Financial Services

Bank of Montreal (BMO) is a Canada-based company, which offers a wide range of personal banking services. The Company is engaged in providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to customers across Canada, the United States, and in select markets globally. The Company offers services, such as bank accounts, credit cards, mortgages, loans, investments, creditor insurance, and travel insurance. The Company’s segments include P&C, U.S. P&C, Total P&C, BMO Wealth Management, BMO Capital Markets, and Corporate Services. Its bank accounts include checking accounts, and savings accounts. Its credit card services include no fee, low interest, cash back, BMO Rewards, AIR MILES, travel, and lifestyle. Its credit cards include BMO eclipse Visa Infinite Card, BMO Ascend World Elite Mastercard, BMO eclipse Visa Infinite Privilege Card, BMO Preferred Rate Mastercard and BMO CashBack Mastercard.

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Bank of Montreal

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Post by Possibleidiot01on Sep 01, 2024 7:55am

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Post# 36204478

Jaime Murray - BNN - Canadian bank comments

SELL

Shares are falling after reporting today

He sold after their last quarter, based on problems with their US credit side with higher loan losses. They just completed a bank acquisition in recent years. They wonder if they have a handle on their new businesses. An analyst downgraded before the latest results, which are worse than expected. This will be in the penalty box for a couple of 2-3 quarters. Won't buy the dips. He bought TD instead.

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