We’re back to bank earnings week, with the Bank of Montreal (TSX: BMO) the second name to report its first quarter financial results this week among Canada’s big six banks.
And while investors had a particular disdain for Scotiabank’s earnings, they took a liking to BMO’s results, with the equity closing out the day up nearly five percent following the release of the results.
What drove the run?
Let’s dive in.
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