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Canadian lender BMO's second-quarter profit falls on US business weakness
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Canadian lender BMO's second-quarter profit falls on US business weakness
May 29, 2024 3:30 AM

May 29 (Reuters) - Canadian lender BMO Financial Group

reported a fall in second-quarter adjusted profit on

Wednesday, hurt by weakness in its U.S. business.

The bank's adjusted net income fell to C$2.03 billion

($1.49 billion), or C$2.59 per share, in the three months ended

April 30, from C$2.19 billion, or C$2.89 per share, a year

earlier.

($1 = 1.3659 Canadian dollars)

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