Bank of Montreal (TSX:BMO) reported quarterly earnings of $3.96 per share which beat the analyst consensus estimate of $3.75 by 5.6 percent. This is a 22.6 percent increase over earnings of $3.23 per share from the same period last year. The company reported quarterly sales of $9.896 billion which beat the analyst consensus estimate of $9.750 billion by 1.49 percent. This is a 10.10 percent increase over sales of $8.988 billion the same period last year.