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BMO Exclusive: New Q4 Earnings Miss Explained

Bank of Montreal disappointed analysts with its earnings as the company faced increased expenses related to the integration of Bank of the West and a drop in wealth-management income.

BMO's disappointing earnings offset by raised dividends, signalling a focus on future growth. PHOTO:
BMO’s disappointing earnings offset by raised dividends, signalling a focus on future growth. PHOTO:

In its fiscal fourth quarter, the Toronto-based lender reported adjusted earnings of C$2.81 per share, falling short of expectations. Non-interest expenses rose to C$5.7 billion, surpassing

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