BMO Profit Increases 6.8% After Bank Buys GE Finance Unit

  • Earnings from BMO Capital Markets, Canadian banking climb
  • National Bank of Canada also posts profit that tops estimates

BMO, National Bank Climb as 1Q Profit Beats Estimates

Bank of Montreal posted fiscal first-quarter profit that beat analysts’ estimates as contributions from its purchase of General Electric Co.’s transportation-finance business added to U.S. earnings.

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