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Bank of Montreal quarterly profit rises on wealth management strength
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Bank of Montreal quarterly profit rises on wealth management strength
May 28, 2025 3:33 AM

May 28 (Reuters) - Canadian lender Bank of Montreal ( BNKD )

reported a rise in second-quarter profit on Wednesday,

helped by strength in its wealth management business.

The bank's adjusted net income rose to C$2.05 billion

($1.48 billion), or C$2.62 per share, in the three months ended

April 30, compared with C$2.03 billion, or C$2.59 per share, a

year earlier.

($1 = 1.3822 Canadian dollars)

(Reporting by Ateev Bhandari in Bengaluru; Editing by Devika

Syamnath)

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