Piyush Agrawal

BMO’s loan loss provisions surge in Q4, but execs say credit strain appears to have peaked

December 8, 2024 No Comments

BMO’s credit performance worsened more than expected, contributing to a 15% year-over-year decline in adjusted full-year earnings.

BMO reports rising mortgage delinquencies and loan loss provisions in Q3

August 27, 2024 No Comments

High interest rates drove BMO’s mortgage delinquency rate higher in the third quarter, according to the bank’s latest earnings results.

Some mortgage clients could see up to 40% payment increases at renewal, BMO says

December 4, 2023 No Comments

Like most other financial institutions, BMO said the bulk of its mortgage portfolio will be up for renewal in the coming three years, with the payment increases averaging up to 40%.

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Piyush Agrawal

BMO’s loan loss provisions surge in Q4, but execs say credit strain appears to have peaked

BMO reports rising mortgage delinquencies and loan loss provisions in Q3

Some mortgage clients could see up to 40% payment increases at renewal, BMO says

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