Bank of Montreal's quarterly profit falls on higher loan provisions
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Dec 1 (Reuters) - Bank of Montreal reported a fall in its fourth-quarter profit on Friday, as higher provisions for credit losses offset gains from a rise in its interest income.
The bank reported quarterly net income of C$1.62 billion ($1.20 billion), or C$2.06 per share, compared with C$4.48 billion, or C$6.51 per share, a year earlier.
($1 = 1.3527 Canadian dollars) (Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Pooja Desai)
