Bank of Montreal Posts C$2.62 EPS, C$1.96B Net Income, Raises Dividend; National Bank Also Beats Q2 Estimates

Bank of Montreal (BMO) reported its second-quarter earnings for 2025, surpassing analyst expectations with an adjusted earnings per share (EPS) of C$2.62 compared to the estimated C$2.54. The bank posted a net income of C$1.96 billion. However, its Basel III Common Equity Tier 1 (CET 1) ratio came in at 13.5%, below the estimated 14.7%. BMO attributed its profit rise to strength in wealth management and higher-than-expected net interest income. The bank also announced a 5% increase in its quarterly dividend to C$1.63 per share. In the same period, National Bank of Canada reported adjusted EPS of C$2.85, exceeding the estimated C$2.40, with revenue of C$3.65 billion beating estimates of C$3.29 billion. The National Bank also raised its dividend by 4 cents to C$1.18 per share.