06:24 AM EDT, 05/28/2025 (MT Newswires) -- Bank of Montreal ( BNKD ) reported fiscal Q2 adjusted earnings Wednesday of 2.62 Canadian dollars ($1.90) per diluted share, up from CA$2.59 a year earlier. Analysts polled by FactSet expected CA$2.53. Revenue for the fiscal quarter ended April 30, expressed as the sum of net interest income and total non-interest income, was...

(Reuters) -Automaker Stellantis on Wednesday named Antonio Filosa, the Italian head of its North American operations, as its CEO, effective from June 23. Filosa succeeds Carlos Tavares, who quit the group in December after sharp drops in profits and sales raised questions about his management. Milan-listed shares in Stellantis rose by as much as 1% following the news, but had...

06:23 AM EDT, 05/28/2025 (MT Newswires) -- NCino ( NCNO ) said Tuesday it will cut its workforce by about 7% and reduce office space in certain markets in a bid to improve operational efficiencies. The company expects to incur charges of $7.5 million to $9 million in its 2026 fiscal Q2, mainly for asset disposals in connection with the...

06:20 AM EDT, 05/28/2025 (MT Newswires) -- Bank of Montreal ( BNKD ) (BMO.TO, BMO) on Wednesday reported better-than-expected earnings on growth across each operating group and ongoing positive operating leverage and increased its dividend although its provision for credit losses was also higher in the quarter. For Q2, BMO had adjusted net income of $2,046 million, compared with $2,033...