BMO Q1 Earnings: Results Drive New Highs
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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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.