BMO LINE
BMO CM Preview of Banks' Q4 2006 Earnings There is also a possibility that Royal and National, both of which have been more aggressive on returning money to shareholders, will go to 45–55% payouts, in line with the BMO. The CIBC has potential to significantly increase dividends BMO Q4 2006 Earnings Expenses In Line. Given the revenue miss and expense as expected, operating leverage took a hit, with cost/revenue rising to 65.5%. • Low Tax Rate. BMO experienced a “perfect storm” in Q4/06 with the favourable resolution of certain tax 2006-2007 On-line Broker Rankings by The Globe & Mail There's more to a good on-line broker than low commissions, of course. Bottom Line: Another stealth competitor to challenge the banks. Report Card Lowdown: BMO InvestorLine, the top-ranked broker in the past four Globe rankings, Bank of Montreal announced the launch of two new insurance products BMO’s Disability and Disability Plus insurance products will help customers cover their regular line of credit payments in the event they become disabled due to illness or injury. BMO’s Disability Plus provides additional coverage in BMO offering job loss and disability insurance for line of credit BMO Bank of Montreal today announced the launch of two new insurance products that provide creditor protection against disability and job loss for customers who hold personal, student or homeowner lines of credit BMo Anyone remember when he took over the first line center duties when When Cassels moved on, Mo the centered our number one line with Naslund and Bertuzzi. Perhaps he feels shunned for being moved from the top line center to Who is Ted Rall and why is he saying all these outrageous things? that the American presence there was/is just another force in a long line of invading forces, that ‘the Taliban’ - or Pashtuns - really just maybe don’t hate the people they are fighting and trying to kill (hard to belive these days BMO CM Downgrades Scotiabank BMO Capital Markets, 1 December 2006 We are downgrading Scotiabank shares to Underperform this morning. The shares have essentially performed in line with the group over the last 12 months (up 16% versus a 15% change for the Bank index) BMO Q3 2006 Earnings A one-time gain on the sale of its stake in MasterCard and a tax recovery added about 10 cents to the bottom line this quarter; yet even without these items and the lower loan losses, BMO still turned a cash profit of about $1.25 -- 5 BMO Investor Day On the other hand, BMO is losing market share in: (i) core deposits; (ii) mortgages, and; (iii) small business. A turnaround in P&C lies in a more productive, larger sales force, and management hinted at raising front-line staff.
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