The bank reported a quarterly net income of C$1.29 billion ($956.2 million)
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Bank of Montreal reported a rise in its first-quarter profit on Tuesday, as customers paid more on their loans to lenders in a high interest rate environment.
The bank reported a quarterly net income of C$1.29 billion ($956.2 million), or C$1.73 per share, compared with C$133 million, or 14 Canadian cents per share, a year earlier. ($1 = 1.3491 Canadian dollars) (Reporting by Pritam Biswas in Bengaluru; Editing by Savio D'Souza)
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