TSX Ends Lower
Canada’s S&P/TSX Composite fell about 0.7% to ~34,412, pressured by weaker energy and mining as oil prices eased. U.S. markets closed at record highs, led by tech and semiconductors. In Canada earnings, Scotiabank reported adjusted earnings of $2.7B (EPS $2.02), BMO EPS rose to $3.67, and National Bank EPS was $3.23 CAD.
MAY 27·finance.yahoo.com▲
Bank of Montreal (BMO) Q2 2026 Earnings Call Highlights: Record Net Income and Strong Wealth ...
Bank of Montreal executives said its optimization program is largely complete and the U.S. portfolio is focused on full consumer relationships and regional scale, positioning the bank to accelerate growth. The CFO expects NIM pressure from higher liquidity but largely neutral ROE, with margins stable. CEO said growth is selective with a 15% return hurdle; U.S. commercial loans are expected to grow mid-single digits.
MAY 27·tickerreport.com▲
Bank Of Montreal Q2 Earnings Call Highlights
Bank of Montreal (BMO) reported fiscal 2026 Q2 results, citing higher fee revenue, improved operating leverage and progress toward profitability targets after its March Investor Day. Adjusted EPS rose 40% to CAD 3.67; record net income was CAD 2.7 billion. Adjusted ROE rose to 13.5% and CET1 was 13%. BMO also repurchased 6M shares and raised its dividend 5%.