Highlights

  • After more than a ~50% (both y/y and q/q) slump in combined earnings of the top six Canadian banks in Q2 on a ~415% y/y jump in Provision for Credit Losses (PCLs), they made a strong recovery sequentially (+60%) in Q3 primarily attributable to sharply lower PCLs during the quarter (-40% q/q).
  • To read more about this report click below on downloads

Visit Bank of Montreal page for more research, discussion boards and to like, and share.


Download Analyst Report :



Investors are also interested in:


Atrium Mortgage Investment Corp. Q2 Beat Expectations / COVID-19 Had Minimal Impact on Existing Portfolio in Q2

 


Three Point Capital – High Yield MIC Focused on 1st Mortgages; 7.2% return

 


Marble Financial Inc. (CSE: MRBL / OTCQB: MRBLF) Nominal Loan Originations in Q1-2020 – FINAL REPORT