BMO Financial Group Reports First Quarter 2019 Results
Financial Results Highlights First Quarter 2019 Compared With First Quarter 2018: * Net income1 of $1,510 million, up 55%; adjusted net income2 of $1,538 million, up 8% * Net revenue3,4 of $5,591 million, up 6% * EPS5 of $2.28, up 59%; adjusted EPS2,5 of $2.32, up 10% * ROE of 13.6%; adju...
BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 8 per cent from the prior year
TORONTO, Dec. 4, 2018 /PRNewswire/ -- Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced that its Board of Directors declared a quarterly dividend of $1.00 per share on paid-up common shares of Bank of Montreal for the first quarter of fiscal year 2019 ("Q1 2019 Dividend"), a4 cent increase fro...
BMO Financial Group Reports Fourth Quarter and Fiscal 2018 Results
Fourth Quarter 2018 Financial Results Highlights Fourth Quarter 2018 Compared with Fourth Quarter 2017: * Net income of $1,695 million, up 38%, including a benefit from the remeasurement of an employee benefit liability2 in the current quarter; adjusted net income1 of $1,529 million, up 17% ...
Craig Broderick Appointed to Bank of Montreal Board of Directors
TORONTO, Aug. 28, 2018 /PRNewswire/ -- Bank of Montreal today announced the appointment ofCraig Broderick, former Chief Risk Officer of The Goldman Sachs Group, Inc., to its Board of Directors. "We are pleased to welcome Craig to the Board of Directors," said J. Robert S. Prichard, Chairman of t...
BMO Financial Group Declares Dividends
TORONTO, Aug. 28, 2018 /PRNewswire/ -- Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced that its Board of Directors declared a quarterly dividend of $0.96 per share on paid-up common shares of Bank of Montreal for the fourth quarter of fiscal year 2018 ("Q4 2018 Dividend"), unchanged from the...
BMO Financial Group Reports Third Quarter 2018 Results
Financial Results Highlights Third Quarter 2018 Compared With Third Quarter 2017: * Net income of $1,536 million, up 11%; adjusted net income1 of $1,565 million , up 14% * EPS2 of $2.31, up 13%; adjusted EPS1,2 of $2.36, up 16% * ROE of 14.7%, up from 13.4%; adjusted ROE1 of 15.0%, up from 1...
BMO Global Asset Management (Asia) Limited Announces BMO Asia USD Investment Grade Bond ETF Dividend
IMPORTANT: The Stock Exchange of Hong Kong Limited (the "SEHK"), Hong Kong Exchanges and Clearing Limited ("HKEX"), the Securities and Futures Commission (the "SFC") and the Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this Announcement, make no repr...
BMO Global Asset Management (Asia) Limited Announces BMO Asia USD Investment Grade Bond ETF Dividend
IMPORTANT: The Stock Exchange of Hong Kong Limited (the "SEHK"), Hong Kong Exchanges and Clearing Limited ("HKEX"), the Securities and Futures Commission (the "SFC") and the Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this Announcement, make no represe...
BMO Financial Group Increases Common Share Dividend by 3 cents from the prior quarter, up 7 per cent from the prior year
TORONTO, May 30, 2018 /PRNewswire/ -- Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced that its Board of Directors declared a quarterly dividend of $0.96 per share on paid-up common shares of Bank of Montreal for the third quarter of fiscal year 2018 ("Q3 2018 Dividend"), a3 cent increase fro...
Bank of Montreal Receives Regulatory Approvals for Normal Course Issuer Bid
TORONTO, May 30, 2018 /PRNewswire/ -- Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that it has received approvals from the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions Canada (OSFI) to proceed with its previously-announced normal course issue...
BMO Financial Group Reports Second Quarter 2018 Results
Financial Results Highlights Second Quarter 2018 Compared with Second Quarter 2017: * Net income of $1,246 million, unchanged reflecting the restructuring charge in the current quarter; adjusted net income1 of $1,463 million, up 13% * EPS2 of $1.86, up 1%; adjusted EPS1,2 of $2.20, up 15% *...
BMO Financial Group to Acquire NY-based KGS-Alpha Capital Markets
-- Fixed income broker-dealer specializing in U.S. mortgage- and asset-backed securities -- Acquisition is complementary to BMO Capital Markets' U.S. strategy -- Acquisition adds experienced team, expands client footprint in the U.S. and makes BMO a leading broker-dealer in U.S. agency mortgag...
Bank of Montreal Enters into Automatic Securities Purchase Plan
TORONTO, March 30, 2018 /PRNewswire/ -- Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that it has entered into an automatic securities purchase plan ("ASPP") with its broker, BMO Nesbitt Burns Inc., in order to facilitate repurchases of BMO common shares ("Common Shares") under its previou...
BMO Financial Group Proxy Circular Now Available
TORONTO, March 13, 2018 /PRNewswire/ -- BMO Financial Group (TSX: BMO) (NYSE: BMO) today announced that it has filed its 2018 Notice of Annual Meeting of Shareholders and Management Proxy Circular with applicable securities regulators and has mailed it to common shareholders of Bank of Montreal. ...
BMO Financial Group Declares Dividends
TORONTO, Feb. 27, 2018 /PRNewswire/ -- Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced that its Board of Directors declared a quarterly dividend of $0.93 per share on paid-up common shares of Bank of Montreal for the second quarter of fiscal year 2018 ("Q2 2018 Dividend"), unchanged from the...
BMO Financial Group Announces Intention to Repurchase Up to 20 Million of its Common Shares
TORONTO, Feb. 27, 2018 /PRNewswire/ -- Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced its intention, subject to the approval of the Office of the Superintendent of Financial Institutions Canada (OSFI) and the Toronto Stock Exchange (TSX), to purchase, for cancellation, up to 20 million of ...
BMO Financial Group Reports Net Income of $973 million for First Quarter of 2018
Financial Results Highlights: First Quarter 2018 Compared with First Quarter 2017: * Net income of $973 million, down 35% reflecting a revaluation of the U.S. net deferred tax asset of$425 million related to U.S. tax reform and a net gain in the prior year * Adjusted net income1 of $1,422 m...
Bank of Montreal Amends its Normal Course Issuer Bid to Repurchase for Cancellation up to an Additional 7 Million of its Common Shares
TORONTO, Feb. 17, 2018 /PRNewswire/ -- Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that it has received approvals from the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions Canada (OSFI) to amend its existing normal course issuer bid (NCIB) to in...
BMO Financial Group Releases Supplementary Financial Information Reflecting Changes in Presentation Related to the Adoption of IFRS 9
TORONTO, Feb. 13, 2018 /PRNewswire/ -- BMO Financial Group (TSX:BMO) (NYSE:BMO)
today released on its website (www.bmo.com/investorrelations
Bank of Montreal to Redeem $900,000,000 6.17% Series F Medium-Term Notes First Tranche
TORONTO, Feb. 9, 2018 /PRNewswire/ -- Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced its intention to redeem all of its$900,000,000 Series F Medium-Term Notes First Tranche (the "Notes") onMarch 28, 2018. The Notes are redeemable at par together with accrued and unpaid interest to, but excl...