BMO falls on earnings miss, high loan provisions

[@ElectronicWasteland-p2x]

Canada's banks have become overly-dependant on the housing bubble, and your average Canadian's willingness to take on dangerous levels of debt. It's unsurprising some of them are encountering financial problems now that it seems Canada's debt-bubble is popping.

[@user-vw6lj7sv3y]

you are clueless. BMO is doing good in Canada, the US portion is doing terrible

[@btfrost]

That’s not consistent with the information in the video at all…

[@pjx607]

BMO hires temporary foreign workers to fill their high stream job posts. That itself should show you why they've dropped so far

[@GlennLaycock]

Very well explained by Dan ... sounds like he knows his stuff as they say.

[@derick3253]

They are just provisions... higher provisions reduce eps... earnings per share is not a good measurement for banks...

[@Rosario-x4c]

Wait! BMO has his own company!? Man that robot is smart...

[@lebucheron9815]

Wildly different results from the banks, CM and BNS goes higher, BMO and TD dump

[@jamesregan4791]

Time for BMO to review the CEO performance. This company has missed it's earning for the last 6 quarters and the returns on share price is -13% compared to 21% for RY. The senior management here is not performing.

[@marcb3097]

That was actually very interesting

[@Chris-se3nc]

Oh boy. Queue the echo chamber of negative renters.

[@DanielH874]

Government will not let any of the "big six" fall. Taxpayers foot the bill with a "bail-in" policy. I will be adding to my position. If you can't beat them, join them. That dividend is looking juicy, especially with interest rate cuts.

[@DJRS2178]

recession is here, stock market crash comes soon

[@Gogoel-q8f]

You keep believing that, last person said this filed bankruptcy shorting the market.

[@PedroBaker-b5d]

Thompson Carol Anderson Timothy Williams Nancy

[@RH-vw5nd]

Bmo will be fine.