Category: Provisions

Article content The Bank of Montreal on Thursday reported fourth-quarter earnings, but they were not enough to meet analysts’ expectations as a larger-than-expected rise in credit loss provisions took its toll. Article content Net income for the three-month period ended October 31 was $2.3 billion, higher than the $1.7 billion…

Article content The Bank of Montreal on Thursday reported fourth-quarter earnings, but they were not enough to meet analysts’ expectations as a larger-than-expected rise in credit loss provisions took its toll. Article content Net income for the three-month period ended October 31 was $2.3 billion, higher than the $1.7 billion…