01:44 PM EST, 12/06/2024 (MT Newswires) -- BMO identified larger loans in the 2021 vintage that caused credit issues in 2024 and it expects fourth-quarter impaired PCL ratio to be the peak, moderating to historical averages by the end of 2025/early 2026, writes RBC.

Analyst Darko Mihelic sees a rapid increase in EPS into 2026 (assuming buybacks).

Increasing price target to $133 (from $106). Maintaining Sector Perform.

Price: 145.80, Change: +6.07, Percent Change: +4.34