Bank of Montreal hit a new 52-week high, surpassing its previous peak of C$147.54, which the company reached on December 6th.

Canadian lender Bank of Montreal on Tuesday reported a jump in first-quarter profit driven by strength in its capital markets business. Adjusted earnings from BMO's capital markets business jumped 45% to C$591 million ($414.

Bank of Montreal (NYSE:BMO – Get Free Report) (TSE:BMO) is anticipated to issue its quarterly earnings data before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $1.

Shares of Bank of Montreal BMO dropped 0.43% to C$142.35 Monday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.02% to 25,151.26.

Bank of Montreal TXN-Q -0.37% posted higher first-quarter profit that topped analysts’ estimates as capital markets activity surged. BMO earned $2.1-billion or $2.83 per share in the three months that ended Jan3 31. That compared with $1.3-billion or $1.73 per share in the same quarter last year.

Canada's Bank of Nova Scotia and Bank of Montreal on Tuesday beat analysts' expectations for quarterly profit driven by strong income from capital markets and wealth management businesses. Lower interest rates have increased appetite for mergers and acquisitions while less regulation,