BMO Financial Group Q2 net income $689 millionChristian Fernsby ▼ | May 27, 2020
For the second quarter ended April 30, 2020, BMO Financial Group recorded net income of $689 million or $1.00 per share on a reported basis, and net income of $715 million or $1.04 per share on an adjusted basis.
BMO Financial Group Return on equity (ROE) was 5.3%
Topics: BMO Financial Group
Concurrent with the release of results, BMO announced a third quarter 2020 dividend of $1.06 per common share, unchanged from the prior quarter and up $0.03 per share or 3% from the prior year. The quarterly dividend of $1.06 per common share is equivalent to an annual dividend of $4.24 per common share. ■