- Several banks Canadian banks announced an increase in their prime rates, effective April 14, 2022.
- Bank of Montreal BMO BMO has increased its CDN$ prime lending rate to 3.20% from 2.70%.
- Royal Bank of Canada RY RY has increased its prime rate by 50 bps to 3.20% from 2.70%.
- Bank of Nova Scotia BNS BNS (Scotiabank) increased its Canadian dollar prime lending rate to 3.20% from 2.70%.
- Toronto-Dominion Bank TD increased its prime rate by 50 bps to 3.20%.
- Price Action: BMO shares are trading lower by 0.80% at C$141.96, RY lower by 0.40% at C$135.90, BNS lower by 0.76% at C$85.10, and TD lower by 0.87% at C$93.77 on TSX the last check Wednesday.
BMOBank of Montreal
$95.51-2.20%
Edge Rankings
Momentum12.92
Growth37.24
Quality9.23
Value-
Price Trend
Short
Medium
Long
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