|Bid||98.56 x 0|
|Ask||98.57 x 0|
|Day's Range||98.15 - 99.20|
|52 Week Range||86.25 - 109.00|
|Beta (3Y Monthly)||1.29|
|PE Ratio (TTM)||10.45|
|Earnings Date||Aug 27, 2019|
|Forward Dividend & Yield||4.12 (4.17%)|
|1y Target Est||109.23|
TORONTO , June 24, 2019 /CNW/ - BMO Global Asset Management (BMO GAM) has released a special edition ETF Report to mark 10 years since launching Exchange Traded Funds (ETFs) in 2009. "The industry has seen tremendous progress over the last decade, prompting innovative investment products and tools," said Kristi Mitchem , Chief Executive Officer, BMO Global Asset Management. "As a proud leader in the Canadian ETF industry, we have been growing and evolving our business in order to stay ahead of the curve and ensure we're meeting the needs of advisors and investors," said Kevin Gopaul , Global Head of ETFs, BMO Global Asset Management.
Insider Monkey finished processing more than 738 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2019. What do these smart investors think about Bank of Montreal (NYSE:BMO)? Bank of Montreal (NYSE:BMO) shares haven't seen a lot of action during the first quarter. Overall, […]
(Bloomberg) -- Bank of Montreal hired wealth management veteran Shannon Kennedy from Bank of New York Mellon Corp. to run BMO Family Office, its newly rebranded division serving ultra-high net worth clients.Kennedy, 54, who joined the Toronto-based bank last week, will lead a global expansion of the unit, with a team of more than 200 people, the company said Thursday in an emailed statement. She’ll be based in her native Chicago.The move comes amid a boom in the formation of family offices, firms that manage ultra-affluent families’ assets, often surpassing $500 million. There are more than 10,000 single-family offices worldwide, according to a report from EY. BMO’s expansion reflects a general push among private banks to offer a broader array of services.How New Wealth, Few Rules Fuel Family Office Boom: QuickTake“We’ve worked with a lot of multigenerational and multinational families,” Kennedy said in a phone interview. “The generational issues, education and transfer of ownership in businesses are the same thing that happens within financial families.”Kennedy worked at BNY Mellon for six years, most recently as president of U.S. markets in the Southwest. She previously was director of global family and private investment offices at Northern Trust Corp.“Ultra-high net worth families are often global citizens, and their interests and their needs will go beyond borders,” Darrel Hackett, president of BMO’s wealth management division, said in the interview.\--With assistance from Doug Alexander.To contact the reporter on this story: Jasmine Teng in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Pierre Paulden at email@example.com, Peter Eichenbaum, Steven CrabillFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
BMO Global Asset Management Announces Cash Distributions for Certain BMO Exchange Traded Funds and ETF Series
The big shareholder groups in Bank of Montreal (TSE:BMO) have power over the company. Generally speaking, as a company...
SASKATOON , June 18, 2019 /CNW/ - The third annual BMO Celebrating Women event in Saskatoon honoured four women for their remarkable contributions to business and the community. Challenging several realities frequently faced by Indigenous women including racism, family violence and incarceration, Ms. Fiddler created a fashion lifestyle brand that inspires thousands of Indigenous women. After graduating with a Bachelor of Arts from the University of Saskatchewan , she landed her first professional experience as a business development coordinator with the Meadow Lake Tribal Council.
Wells Fargo , the troubled San Francisco-based bank, has named Nico Marais as chief executive of its $746bn asset management unit. Mr Marais was previously WFAM president and head of multi-asset solutions. ...
BURLINGTON, ON , June 14, 2019 /CNW/ - The annual BMO Celebrating Women event in Burlington, Ontario honoured four women for their remarkable contributions to business and the community. Ms. Borovich has been a dedicated community leader for more than 20 years.
TORONTO , June 12, 2019 /CNW/ - Throughout June, BMO Financial Group is reaffirming its commitment to supporting the lesbian, gay, bisexual, transgender, and two-spirited (LGBTQ2+) community. The bank is once again the Platinum Sponsor for the 24th annual Pride and Remembrance run, which will see nearly 2,000 participants lace up for the largest fundraising event held during Toronto Pride Month.
The Canadian healthcare industry is seeing a rise in healthcare professionals, with the number of physicians and dentists both increasing yearly1. The majority of these professionals are self-employed and operating practices as small business owners. Once practicing, they also have to adapt to an ever-changing regulatory and healthcare business landscape. The new program is supported by a team of BMO professionals with both healthcare and finance backgrounds, who have industry experience and a deep understanding of the personal and financial needs of practitioners.
TORONTO, June 11, 2019 /PRNewswire/ - Throughout the week of June 11th, thousands of BMO Financial Group employees across Canada, the U.S. and U.K are participating in volunteer projects in their local communities as part of BMO Volunteer Day. The initiative is an example of the bank's Purpose to Boldly Grow the Good in business and life by partnering with community organizations that foster an inclusive society. The organizations BMO has partnered with this year include those supporting community and recreation centres, children and youth, medical facilities, food banks, homeless shelters, elder care and the LGBTQ2+ community.
Bank of Montreal NYSE:BMOView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for BMO with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BMO. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold BMO had net inflows of $1.58 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
TORONTO, June 7, 2019 /PRNewswire/ - BMO Financial Group (BMO.TO)(BMO) today announced commitments to support a thriving economy, sustainable future and inclusive society. The announcement follows an unveiling yesterday of a Purpose and bold Commitment platform across the enterprise with BMO employees in cities, including Toronto, Montreal, Chicago, New York and London, UK. The commitments are part of a monthslong engagement with over 18,000 employees and many customers. "BMO is driven by a single Purpose to Boldly Grow the Good in Business and Life," said Darryl White, Chief Executive Officer, BMO Financial Group.
Wall Street is decidedly undecided. Mixed economic data isn’t helping. Economists are expecting an increase of 175,000 in payrolls on Friday, according to Bloomberg’s survey, with the unemployment rate staying at 3.6%.
BMO Celebrating Women: BMO Recognizes Outstanding Women in Vancouver through National Program
Banks and other financial companies are tapping into that demand by selling more floaters, with issuance topping $15 billion last month, more than seven times April’s level, according to data compiled by Bloomberg. The money managers scooping up these securities are betting that the Federal Reserve won’t cut interest rates much this year, if at all.
MONTREAL , May 30, 2019 /CNW/ - The annual BMO Celebrating Women event in Montreal honoured four women for their remarkable contributions to business and the community. After working in the Ville de Montréal water service, Ms. Arnouk realized there was a need for a communication and coordination system to facilitate transportation for the city's employees, engineers and building workers. In 2015, she founded OPA Technologies, the only geospatial platform designed to reduce transportation delays by facilitating the management of road mobility through the optimization of geospatial data.