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BMO Financial Group Reports Strong Q4 2024 Results

MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) has released an update.

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BMO Financial Group reported a robust net income of $2,304 million for the fourth quarter of 2024, a significant increase from the previous year, despite higher provisions for credit losses. The company announced a quarterly dividend increase and plans to initiate a share buyback program, highlighting its strong financial position and commitment to shareholder returns. With a strengthened CET1 ratio and strategic investments, BMO is poised for continued growth in the coming year.

For further insights into BULZ stock, check out TipRanks’ Stock Analysis page.

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