78.82 -0.02 (-0.03%)
After hours: 4:11PM EDT
|Bid||75.00 x 1400|
|Ask||80.00 x 900|
|Day's Range||78.36 - 79.02|
|52 Week Range||71.37 - 84.71|
|PE Ratio (TTM)||14.67|
|Forward Dividend & Yield||2.95 (3.78%)|
|1y Target Est||85.95|
TORONTO , July 16 2018 /CNW/ - BMO Financial Group (BMO) today announced a partnership with Conferma, a leading global fintech company specializing in virtual payment innovations, to bring virtual card payment technology to BMO corporate card clients. This new, joint solution, backed by Conferma's extensive ecosystem of travel management companies and partners, makes business travel more convenient, cost-effective and secure for BMO clients across North America .
EDMONTON and CALGARY , July 12, 2018 /CNW/ - BMO Bank of Montreal has opened its first two Smart Branches in Alberta – in Edmonton and Calgary – as part of the bank's rollout of the new format in Canada . "Our customers' expectations are changing, and the need for efficient and digitally driven day-to-day banking experiences continues to increase," said Susan Brown , Senior Vice President, Alberta and Northwest Territories Division, BMO Bank of Montreal.
LONDON, UK / ACCESSWIRE / July 6, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Banking industry: Bank of Montreal, National Bank of Canada, Canadian Imperial Bank Of Commerce, and Canadian Western Bank. Today's stocks of interest consist of: Bank of Montreal (TSX: BMO), National Bank of Canada (TSX: NA), Canadian Imperial Bank Of Commerce (TSX: CM), and Canadian Western Bank (TSX: CWB).
Moody's has reviewed the following ABCP programs in conjunction with the described amendments. At this time the amendments, in and of themselves, will not result in any rating impact on the respective program's ABCP. Moody's does not believe they will have an adverse effect on the credit quality of the securities such that the Moody's rating is impacted.
Mitsubishi UFJ's (MUFG) strong capital position keeps it well poised to undertake expansion strategies. Also, its aim to enter profitable business operations bode well for the long term.
Though building a working relationship with banks is a long-term positive, previous capital raises could come back to haunt marijuana stocks for the next couple of years.
TORONTO , June 28, 2018 /CNW/ - Bank of Montreal (BMO.TO)(BMO) today announced its intention to redeem all of its 6,267,391 outstanding Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 16 ("Series 16") for an aggregate total of approximately $157 million and all of its 5,732,609 outstanding Non-Cumulative Floating Rate Class B Preferred Shares, Series 17 ("Series 17") for an aggregate total of approximately $143 million on August 25, 2018 . On May 30, 2018 , Bank of Montreal announced that dividends of $0.211875 per share for Series 16 and $0.179589 per share for Series 17 had been declared. These will be the final dividends on Series 16 and Series 17, and will be paid in the usual manner on August 27, 2018 to the shareholders of record on August 1, 2018 , separately from the payment of the redemption price.
For a decade, Bank of Montreal executives eyed with envy Chicago’s bustling corner of West Washington Street and North Wacker Drive.
TORONTO , June 27, 2018 /CNW/ - Two leaders from BMO Financial Group have been recognized for excellence in fostering inclusion for women as 2018 Catalyst Canada Honours Champions. BMO is the only organization with two leaders honoured, and is the only financial institution with leaders honoured in 2018.
Bank of Montreal is diving deeper into the cannabis industry, providing Aurora Cannabis Inc. with the largest loan yet to Canada’s fledgling sector, as legalization looms in October. The bank will provide C$200 million ($150 million) in debt financing, marking its position as the most aggressive of Canada’s biggest banks in the cannabis industry. In May, the lender advised Aurora Cannabis on its C$2.9 billion all-stock bid to buy MedReleaf Corp., and helped arrange a stock sale by Canopy Growth Corp. in January.
IMPORTANT: The Stock Exchange of Hong Kong Limited (the " SEHK "), Hong Kong Exchanges and Clearing Limited (" HKEX "), the Securities and Futures Commission (the " SFC ") ...
Bank of Montreal is revamping its U.S. digital operation and targeting small businesses in the Midwest to boost growth at its BMO Harris Bank lender. The new U.S. strategy, which also emphasizes mobile apps to woo more retail customers, is part of the changes being introduced by Erminia “Ernie” Johannson, who relocated to Chicago from Toronto after being appointed group head of U.S. personal and business banking in February. “Scale is now based on what you can do in digital,” Johannson said in an interview at BMO Harris’s Chicago headquarters.
BMO Global Asset Management Announces Cash Distributions for Certain BMO Exchange Traded Funds and ETF Series
TORONTO , June 20, 2018 /CNW/ - BMO Bank of Montreal today announced it is committed to advancing $3 billion in capital to women-owned businesses across Canada over the next three years. The announcement builds on BMO's commitment of $2 billion in credit for business owners announced in 2014 and follows its recent partnering with Carleton University and The Beacon Agency to release Everywhere, Every Day Innovating: Women Entrepreneurs & Innovation. The BMO report along with the Canada-U.S. Council for the Advancement of Women has identified access to capital and credit as a significant issue for women entrepreneurs.
Ms. Pecorilli is the president and co-founder of Latium Group of Companies, a fleet management company offering end-to-end transportation and mobile assets technology solutions. Growing up in resource-rich Alberta , Ms. Pecorilli noticed there was a gap in the industry in regards to managing vast amounts of company vehicles and assets.
The chief executive officer of the Swiss banking and financial services giant UBS Group AG ( UBS), Sergio Ermotti, believes that the blockchain technology underlying the cryptocurrencies is "definitely an opportunity" in the long term, according to CNBC. Ermotti sees major benefits in the use of blockchain technology as it offers higher efficiency and allows for significant reduction in costs for certain operations and processes. The freeing up of resources to become more efficient will come through technology and blockchain is a great way to allow us to … reduce costs," said Ermotti.
BMO Global Asset Management, owned by Canada's Bank of Montreal, on Tuesday named James Edwards as director in the UK institutional sales team. Edwards will be responsible for expanding BMO Global Asset ...
NEW YORK , June 18, 2018 /PRNewswire/ - Bank of Montreal today announced the quarterly coupon amount for the BMO Elkhorn DWA MLP Select TM Index Exchange Traded Notes due December 10, 2036 (NASDAQ:BMLP) ...
"Every June, more than 4,000 BMO employees take part in the bank's Volunteer Day," said Darryl White, Chief Executive Officer, BMO Financial Group. During business hours, BMO employees across Canada, the U.S. – and for the first time, U.K. and Ireland – gave their time to a wide range of local charities in more than 100 communities. Toronto: BMO employees worked with more than 250 seniors to help break social isolation and promote improved physical and emotional well-being through Seniors Month Celebration lunches and events.
Connecting In Our Communities: Thousands of BMO Employees Make a Difference in North America, U.K. and Ireland on BMO Volunteer Day 2018