Bank of Montreal Stock News

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TORONTO , Jan. 17, 2025 /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 issuer bid to purchase, for cancellation, up to 20 million of its common shares, commencing January 2...

BMO is rated a 'buy' for long-term value investors due to its strong capital position, reliable dividends, and operational improvements despite some financial challenges. BMO's CET1 ratio of 13.6% and 196-year streak of uninterrupted dividends highlight its resilience and financial security through economic instabilities. The bank's adjusted earnings and provisions for credit losses (PCLs) have...

The London Metal Exchange (LME) has approved Bank of Montreal (BMO) as a category 2 member, the exchange said on Tuesday.

NEW YORK , Jan. 10, 2025 /PRNewswire/ - BMO (NYSE: BMO) and Canal Road Group ("CRG") today announced they are entering into a strategic partnership. As part of the arrangement, BMO's commitment to CRG will enable CRG to invest up to $1  billion in capital in support of their direct lending strategy.

TORONTO , Jan. 10, 2025 /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") in connection with its previously announced intention to purchase for cancellation up to 20 million of Common Share...

Bank of Montreal's business growth is strong, but rising credit loss provisions have significantly pressured profits, leading to a cautious outlook. The bank's net interest income grew by 10%, driven by higher net interest margins and increased loan demand. Despite a dividend increase and new share buyback authorization, the current share price in the US$90s seems too high to recommend buying.

Bank of Montreal (NYSE:BMO ) Q4 2024 Earnings Conference Call December 5, 2024 8:30 AM ET Company Participants Christine Viau - Head, Investor Relations Darryl White - Chief Executive Officer Tayfun Tuzun - Chief Financial Officer Piyush Agrawal - Chief Risk Officer Ernie Johannson - Head, BMO North American Personal & Business Banking Nadim Hirji - Head, BMO Commercial Banking Alan Tannenbaum ...