|Day's Range||62.71 - 63.50|
|52 Week Range||54.20 - 71.31|
|PE Ratio (TTM)||13.08|
|Earnings Date||May 25, 2017|
|Dividend & Yield||2.40 (3.81%)|
|1y Target Est||70.76|
Canada's main stock index lost ground on Wednesday, weighed by a sharp fall in shares of Bank of Montreal after it reported disappointing earnings, with investors also shying away from other major banks ahead of their quarterly results. Bank of Montreal fell 3.3 percent to C$91.98 after reporting profits which were slightly below expectations, hit by a decline in income in the United States. "That took the financials down" on fears that other big banks might also release less rosy earnings, said Paul Gardner, a portfolio manager at Avenue Investment Management.
Canada's main stock index fell on Wednesday, weighed down by an earnings miss from Bank of Montreal and as investors assessed the latest monetary policy clues from the country's central bank. Bank of Montreal fell 2.6 percent to C$92.66 after reporting profits which were slightly below expectations, hit by a decline in income in the United States. BMO was the first of Canada's big banks to report quarterly earnings, with Royal Bank of Canada, Canadian Imperial Bank of Commerce and Toronto-Dominion Bank all due to report on Thursday.
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