Earnings

The company reported earnings of C$1.07 billion, or C$1.111 billion on an adjusted basis. On an EPS basis, earnings were C$1.56 per share, down 3% from the year prior. Excluding special items, earnings were C$1.63. On average, analysts expected to see earnings of C$1.68 per share.

Revenue
Revenue came in at C$4.34 billion, up from C$4.138 billion in the year prior. Analysts expected to see revenue of C$4.35 billion.

For investors seeking exposure to Bank of Montreal without purchasing the American Depositary Receipt (ADR) verison of the company, a mutual fund may be a good alternative. Below are three mutual funds that currently own the largest stakes in BMO.

The funds above allow investors to gain exposure to BMO as well as a wide range of other holdings and industries. Investors interested in BMO may also be interested in other Canadian banks like Toronto-Dominion Bank (TD) and Bank of Nova Scotia (BNS).