Bank of Montreal: Decent Dividend Yield, But Canada's Recession Fears Linger
BMOBMO(BMO) Seeking Alpha·2024-08-16 03:09

Iryna Tolmachova/iStock Editorial via Getty Images Summary As Bank of Montreal (NYSE:BMO) gears up to release its fiscal Q3 earnings on August 27th, 2024, there's a lot of anticipation-and a bit of anxiety-among investors. BMO is expected to report $6bn in revenue for the quarter, and a lot of attention will also be on the bottom line. With Canada's economy teetering on the edge of a recession, everyone's eager to see how BMO is handling the pressures of rising interest rates and potential loan defaults. Th ...