by Hassan Keshavarz
Financial analyst at Jolan Financial Systems Inc. A startup in BC, Canada
In 2023, the net income of Bank of Montreal as well as ROA, ROE, and EPS have been the lowest compared to the last 10 years. Given these statistics and considering the rising interest rates- which have led to the relative shrinkage of the net interest income, BMO still insists on the dividend payout policy, more every year than last year, so that even the 2023 dividends have been more than the EPS.
