Bank of Montreal quarterly profit rises on wealth management strength
People make their way past the Bank of Montreal building in the Financial District of Toronto, Monday, Aug. 14, 2023. THE CANADIAN PRESS/Spencer Colby
Lender Bank of Montreal reported a rise in second-quarter profit on Wednesday, helped by strength in its wealth management business.
The bank's adjusted net income rose to $2.05 billion, or $2.62 per share, in the three months ended April 30, compared with $2.03 billion, or $2.59 per share, a year earlier.
Reporting by Ateev Bhandari in Bengaluru; Editing by Devika Syamnath, Reuters
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