Reports Q4 revenue C$8.96B vs. C$8.32B last year. Reports Q4 CET1 capital ratio 13.6%. “In 2024, BMO delivered good pre-provision pre-tax earnings growth across all operating groups and we met our commitment to positive operating leverage in each of the last three quarters and for the full year. Our overall results were impacted by elevated provisions for credit losses, and we expect quarterly provisions to moderate through 2025 as the business environment improves,” said Darryl White, CEO, BMO Financial Group.
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