2024-05-30 11:47:51 ET
Summary
- Bank of Montreal's stock has declined over 3% since my last article, with a significant drop after the latest earnings release.
- Q2 2024 adjusted earnings show a decrease in net interest income, with diluted EPS coming in below analyst expectations.
- I do not take a bullish view on the Bank of Montreal at this time.
Investment Thesis: I do not take a bullish view on Bank of Montreal at this time....
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For further details see:
Bank of Montreal: Decline In Net Interest Income Continues To Place Pressure On Earnings