Latest BMO Financial Group News & Updates

See the latest news and media coverage for BMO. We track all announcements, press releases, and industry mentions in real time, all in one place.

BMO Financial Group (BMO)

North American banking and financial services company

bmo.com

Headquarters: Toronto, Canada
Company type: Public company
Number of employees: 60,000+
Industry: Banks

Last updated Today

Latest news about BMO Financial Group (BMO)

In short: BMO exceeded earnings expectations, finalized the sale of 138 U.S. branches, and advanced its leadership in artificial intelligence.

Company announcements

September 4 BMO

BMO sells 138 U.S. branches to First Citizens Bank

The completed transaction involves locations in multiple states and supports BMO's strategy to optimize its U.S. financial center network.

June 10 BMO

BMO warns about fake websites tricking people

Fraudsters create fake sites appearing in search engines to steal personal information.

June 5 BMO

BMO joins a bank-led initiative to advance digital money infrastructure

The initiative aims to enable clearing and settlement of tokenized deposits, connecting on-chain activity with traditional payment rails.

June 2 BMO

BMO launches Blue Rewards loyalty program in Canada

The program offers points across 400+ brands, including groceries, gas, and travel, with new credit cards and chequing accounts.

Media coverage

September 11 The Globe and Mail

BMO commits up to $70-billion in new capital to shore up critical sectors

Bank of Montreal BWA-N -1.10% said it will deploy up to $70-billion in new capital over 10 years for sectors considered critical to Canada's economy.

September 4 The Star

BMO completes sale of 138 U.S. branches to First Citizens Bank

BMO Financial Group says it has completed the sale of 138 branches in the United States to First-Citizens Bank & Trust Co.

August 25 BNN Bloomberg

Latest Canada-U.S. trade tensions come with risks but also opportunities: BMO

BMO Financial Group reported Q3 profit of $1.75 billion, as it took a charge related to the sale of its transportation and vendor finance businesses.

August 24 The Globe and Mail

RBC, CIBC, TD Bank, BMO, National Bank and Scotiabank: A breakdown of the big banks' third-quarter earnings

Bank of Nova Scotia, Bank of Montreal, National Bank, Royal Bank of Canada, Canadian Imperial Bank of Commerce and Toronto-Dominion Bank beat analysts' expectations for...

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