{
  "id": 3241299,
  "title": "BMO reports Q3 profit down from year ago on one-time charge, adjusted profit up",
  "url": "https://urgent.news/2026/08/25/bmo-reports-q3-profit-down-from-year-ago-on-one-time-charge-adjusted",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-25T10:38:00.000Z",
  "source": {
    "name": "Winnipeg Free Press",
    "slug": "winnipeg-free-press",
    "url": "https://www.winnipegfreepress.com/business/2026/08/25/bmo-reports-q3-profit-down-from-year-ago-on-one-time-charge-adjusted-profit-up"
  },
  "original_language": "en",
  "account": "BMO Financial Group disclosed a third-quarter profit of $1.75 billion, marking a decline from $2.33 billion in the same period last year. The reduction was attributed to a one-time charge stemming from the sale of its transportation and vendor finance businesses. Despite the one-time hit, the bank's adjusted profit came in at $3.96 per diluted share, an increase from $3.23 per share a year ago. Revenue for the quarter was $9.90 billion, up from $8.99 billion a year earlier.",
  "summary": null,
  "key_points": [
    "BMO Financial Group reports $1.75B Q3 profit, down from $2.33B last year",
    "One-time charge from selling transportation and vendor finance businesses",
    "Adjusted profit at $3.96 per diluted share, up from $3.23 a year ago"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}