BMO Financial Group posted a 34% increase in net income to $2.63 billion for Q2 2026, driven by strong fee revenue and loan growth in Canada and the U.S. Earnings per share rose 41% to $3.53, with return on equity improving to 13.0%. The bank declared a 5% higher quarterly dividend of $1.71 per share and announced the sale of its Transportation and Vendor Finance businesses, expecting the deal to close in Q4 2026. These results reflect BMO's focus on client relationships, innovation, and disciplined capital management.
KKR & Co. Inc. is spearheading a significant A$400 million financing deal for Ampol Limited, showcasing its strong global investment strategy and robust asset management. Despite Bank of Montreal lowering KKR's price target to $112 from $120, the fir...
Alterra IOS closed a $400 million refinancing deal led by Truist and KeyBank, using an equity pledge structure instead of traditional mortgages. The financing covers 99 industrial outdoor storage properties across 27 states, totaling 551 acres and 2....
