BMO Financial Group Reports Second Quarter 2026 Results
BMO Financial Group reported Q2 2026 net income of $2.63 billion, up 34% year-over-year, with diluted EPS of $3.53, up 41% from $2.50. Adjusted net income rose 34% to $2.733 billion, driven by robust fee revenue in Capital Markets and Wealth Management, and a lower provision for credit losses of $739 million. The bank announced a definitive agreement to sell its Transportation and Vendor Finance businesses to Stonepeak, expecting a $1.1 billion pre-tax charge but retaining a 19.9% equity stake in the new entity.
Key figures
- Eps
- 3.53
- Eps Beat
- 0
- Revenue
- 9567000000
- Revenue Yoy
- 10.2%
- Deal Value Usd
- 0
- Offering Price
- 0
- Shares Offered
- 0
- Roe
- 13.0%
- Net income
- 2630000000
- Adjusted eps
- 3.67
- Adjusted roe
- 13.5%
- Dividend per share
- 1.71
- Shares repurchased
- 6000000
- Adjusted net income
- 2733000000
- Average repurchase price
- 193.47
- Expected charge stonepeak
- 1100000000
- Stonepeak equity interest
- 19.9%
- Provision for credit losses
- 739000000
AI analysis
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