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We continue to focus on in loan yields continued to their remarks unless noted -- of customer deposits.
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| Savings account balance | In fiscal year , based on the forward curves in Canada and the US, we expect high single-digit NIM expansion compared to full year , based on expanded deposit margins and higher long-term rates. Net interest margin ex-trading was up 20 basis points from last year and 3 basis points from last quarter, due to higher rate environment, partly offset by growth in lower-yielding assets. Moving to our interest rate sensitivity on slide We expect loan and customer deposit growth in the mid- to high single-digits on a year-over-year basis, and total bank NIM ex trading to expand during the year as interest rates continue to rise. Return on equity ROE of Looking ahead to , we expect the economic environment to remain challenging in the near-term with continued increases in interest rates, slowing growth and volatility in markets. Actual results could differ materially from these statements. |
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How to View your Credit Score on BMO !Darryl White: Thank you, Christine, and good morning, everyone. Today, we announced adjusted earnings per share of $ for the fourth quarter. TORONTO, Dec. 1, /CNW/ - For the fourth quarter ended October 31, , BMO Financial Group (TSX: BMO) (NYSE: BMO) recorded. The effective tax rate for the current quarter was %, compared with % in the fourth quarter of , and % in the third quarter of.
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