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: 61,000+
Industry: Banks

Last updated October 29

Latest news about BMO Financial Group (BMO)

In short: BMO completed the finance-business sale, reported quarterly profit, and committed up to $70 billion to Canadian growth sectors.

Company announcements

October 21 BMO

BMO appoints Michael Bonner as Enterprise Chair for Defence Sector

The bank commits up to $70 billion over ten years to bolster Canada’s economic security and accelerate growth within the defence industry.

September 11 BMO

BMO commits up to $70 billion for Canada's economic growth sectors

The initiative targets electricity, energy, transportation, mining, AI, defence, and oil & gas infrastructure over ten years. BMO will use financing, debt, and equity to mobilize capital.

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.

Media coverage

October 29 Private Equity International

Stonepeak completes carve-out of BMO's transportation and vendor finance units

The commercial equipment finance business, relaunched as Longview Capital Solutions, lends to customers in transportation, construction, agriculture, healthcare and other industries across North America.

October 20 BNN Bloomberg

BMO announces new U.S. country head amid leadership transition

BMO says Tim Cox has been appointed, effective Nov. 1, as the U.S. country head of BMO Financial Group and the CEO of its U.S...

October 14 Bloomberg

Nine Large Banks Engage in Debanking Practices

The US Office of the Comptroller of the Currency found that nine major lenders restricted access to banking services or imposed escalated reviews between 2020 and September 2025.

October 5 Ad Hoc News

BMO stock reports stronger adjusted earnings after Q3 results

The Q3 2026 result showed adjusted net income of CAD 2.859 billion, a 19 percent increase from CAD 2.399 billion in the prior year. Adjusted...

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