Harris Loan Losses Drag on BMO's Earns

(Crain’s) — Loan losses at Harris Bankcorp Inc. continue to drag on earnings at its Toronto-based parent, BMO Financial. A $317-million (all figures in Canadian dollars unless noted) provision for loan losses in the United States was the primary reason for a $38-million pre-tax loss at ...

Copyright CRAIN - Crain's
Contact Us