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Bank Of Montreal (BMO) Company Profile

Updated Aug 5, 2020
Bank Of Montreal has the following business profile:
Company's Full Name:Bank Of Montreal
Short Name:Bank Of Montreal
Trading Ticker Symbol:BMO
Primary Exchange:NYSE
Headquarter City/Country:Canada
Primary Industry Sector:Finance
Seconday Sub-sector:Commercial Banks
Main Business Areas: Finance, Commercial Banks, Financial Services, Global Banks, Bank
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Bank Of Montreal stock

Market and Trading Information for Bank Of Montreal

The following details were available for trading and market data about the stock of Bank Of Montreal as of writing:
Current Share Price:$56.04
Previous Year's Closing Price:$77.5
Percentage Price Change (YTD):-27.69%
Market Cap:$35.62 billion
52-week Price Range:$38.31 - $79.93
Dividend Per Share:$4.18
EPS (TTM):6.14
Price-Earnings (Trailing):9.12
Price-Earnings (Forward):7.79

Company Profile and Business Description for Bank Of Montreal

Bank of Montreal (the Bank), incorporated on March 15, 1995, is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management, and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets. BMO Financial Corp. (BFC) is owned by the Bank. BFC operates through its subsidiary BMO Harris Bank N.A. (BHB), which provides banking, financing, investing and cash management services in select markets in the United States Midwest. The Bank provides a range of investment dealer services through entities, including BMO Nesbitt Burns Inc., an integrated Canadian investment dealer and BMO Capital Markets Corp., which is a securities dealer in the United States.

The Bank serves customers through its wealth management businesses: BMO Asset Management Corp., BMO Nesbitt Burns Inc., BMO Private Banking, BMO Insurance and BMO InvestorLine. The Bank has over 1,500 bank branches in Canada and the United States, and operates internationally in various financial markets and trading areas.

Personal and Commercial Banking

The P&C business includes two retail and business banking operating segments, such as Canadian Personal and Commercial Banking (Canadian P&C), and the United States Personal and Commercial Banking (U.S. P&C). Canadian P&C provides a range of financial products and services to customers. The Bank operates over 900 branches and approximately 3,300 automated banking machines across the country. Personal Banking provides customers with a range of products and services, including checking and savings accounts, credit cards, mortgages, creditor insurance, and everyday financial and investment advice. Commercial Banking provides small business and commercial banking customers with a range of commercial products and services, including business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange and specialized banking programs.

The Bank's retail and small and mid-sized business banking customers are served through over 600 branches, contact centers, online and mobile banking platforms, and approximately 1,300 automated banking machines across over five states. Personal Banking offers a range of products and services to individuals, as well as small and mid-sized business customers, including deposits, mortgages, consumer credit, business lending, credit cards and other banking services. Commercial Banking provides business customers with a range of banking products and services, including lending, deposits, treasury management and risk management.

Wealth Management

The Bank's Wealth Management business serves a range of client segments, from mainstream to ultra-high net worth and institutional, with an offering of wealth management products and services, including insurance. BMO Wealth Management is a global business with a presence in markets across Canada, the United States, Europe and Asia. BMO Nesbitt Burns Inc., its service investing business in Canada, offers client-focused investment and wealth advisory services that leverage financial planning capabilities, as well as digital portfolio management platform, BMO SmartFolio. BMO InvestorLine is an online investing service that offers clients two ways to invest: self-directed service, which provides tools to help investors make independent investment decisions and adviceDirect, which provides investors with online advice and investment recommendations for their portfolios.

The Bank's Private Banking businesses operate in Canada, the United States, Hong Kong and Singapore, offering a range of financial services and solutions to high net worth and ultra-high net worth clients, and under BMO Harris Financial Advisors to clients in the United States. BMO Asset Management is an asset management organization that provides investment management, trust and custody services to institutional, retail and high net worth investors around the world. BMO Insurance operates in Canada and internationally. In Canada, it manufactures life insurance, accident and sickness insurance, and annuity products that are marketed both to brokers and directly to individuals. Its creditor insurance division markets group creditor insurance, and internationally, it provides reinsurance solutions.

BMO Capital Markets

BMO Capital Markets is a financial services provider offering a range of products and services to corporate, institutional and government clients. Investment and Corporate Banking offers clients debt and equity capital-raising services, as well as loan origination and syndication, balance sheet management solutions and treasury management services. It provides advice on mergers and acquisitions, restructurings and recapitalizations, as well as valuation and fairness opinions. It also offers trade finance and risk mitigation services to support the international business activities of its clients, and it provides a range of banking and other operating services to North American and international financial institutions.

Trading Products offers research and access to global markets for institutional, corporate and retail clients through an integrated suite of sales and trading solutions that include debt, foreign exchange, interest rate, credit, equity, securitization and commodities. It also offers product development and origination services, as well as risk management (derivatives) advice and services to hedge against fluctuations in a range of inputs, including interest rates and commodities prices. In addition, it provides funding and liquidity management to its clients. BMO Capital Markets operates in approximately 30 locations around the world.

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See Full List of ETFs holding Bank Of Montreal stock in their respective portfolios.

Peer / Competitor Companies of Commercial Banks Sector

Along with Bank Of Montreal, the following other peer (competitor) companies also exist within the same Commercial Banks - Finance sector whose company profile and dividend history is as follows:

▶ Banco Bilbao Viscaya (BBVA): Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), incorporated on January 28, 2000, is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. The Company also ....See Detailed Company Profile,  Dividend History

▶ Banco De Chile (BCH): Banco de Chile, together with its subsidiaries, provides banking and financial products and services to customers in Chile. The company operates through four segments: Retail, Wholesale, Treasury and ....See Detailed Company Profile,  Dividend History

▶ Banco Latinoamericano (BLX): Banco Latinoamericano de Comercio Exterior, S.A. (the Bank), incorporated on January 19, 1978, is a specialized multinational bank. The Bank is established to support the financing of trade and economic ....See Detailed Company Profile,  Dividend History

▶ Banco Santander (SAN): Banco Santander, S.A., incorporated on January 14, 1875, is a retail and commercial bank. The Banks segments include Continental Europe, United Kingdom, Latin America and United States. The Continental Europe ....See Detailed Company Profile,  Dividend History

▶ Banco Santander Brasil SA (BSBR): Banco Santander (Brasil) S.A. provides banking products and services in Brazil and internationally. The company operates in two segments, Commercial Banking and Global Wholesale Banking. It offers sav....See Detailed Company Profile,  Dividend History

▶ Banco Santander Chile (BSAC): Banco Santander-Chile (the Bank), formerly Banco Santander Chile, incorporated on August 1, 2002, is a Chilean bank. The Banks segments include Retail banking, Middle-market, Global Corporate Banking and Corporate Activities ....See Detailed Company Profile,  Dividend History

▶ BanColombia (CIB): Bancolombia S.A. (Bancolombia), incorporated on November 22, 1984, is a financial institution, with presence in various jurisdictions, such as Colombia, Panama, El Salvador, Puerto Rico, Guatemala, the Cayman Islands and ....See Detailed Company Profile,  Dividend History

▶ Bank of NT Butterfield (NTB): The Bank of N.T. Butterfield & Son Limited (the Bank) provides banking services and wealth management services. The Banks geographic segments include Bermuda, the Cayman Islands and Guernsey, where its ....See Detailed Company Profile,  Dividend History

▶ Barclays (BCS): Barclays PLC, incorporated on July 20, 1896, is a global financial services holding company. The Company is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and ....See Detailed Company Profile,  Dividend History

▶ Canadian Imperial Bank of Commerce (CM): Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the....See Detailed Company Profile,  Dividend History

▶ Credicorp (BAP): Credicorp Ltd., through its banking and non-banking subsidiaries, provides a range of financial, insurance, and health services and products primarily in Peru and internationally. It operates through ....See Detailed Company Profile,  Dividend History

▶ Grupo Aval Acciones y Valores (AVAL): Grupo Aval Acciones y Valores S.A. provides a range of financial services and products to public and private sector customers in Colombia and Central America. The company's deposit products and services include....See Detailed Company Profile,  Dividend History

▶ Grupo Financiero (GGAL): Grupo Financiero Galicia S.A. (Grupo Financiero Galicia), incorporated on October 30, 1999, is a financial services holding company. The Companys segments include Banking, Regional Credit Cards, CFA, Insurance and Other ....See Detailed Company Profile,  Dividend History

▶ Grupo Financiero Santander (BSMX): Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander México provides various banking products and services in Mexico. The company operates through Retail Banki....See Detailed Company Profile,  Dividend History

▶ Grupo Supervielle (SUPV): Grupo Supervielle SA is an Argentina-based holding company primarily engaged in the financial sector. The Company provides services through numerous subsidiaries, such as Banco Supervielle SA, that offers bank services, ....See Detailed Company Profile,  Dividend History

▶ HDFC Bank (HDB): HDFC Bank Limited provides a range of banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in Treasury, Retail Banking, Wholesale ....See Detailed Company Profile,  Dividend History

▶ ICICI Bank (IBN): ICICI Bank Limited, together with its subsidiaries, provides banking and financial services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking....See Detailed Company Profile,  Dividend History

▶ ING (ING): ING Groep N.V. (ING), incorporated on January 21, 1991, is a financial institution. The Company offers banking services. The Companys segments include Retail Netherlands, which offers current and savings accounts, ....See Detailed Company Profile,  Dividend History

▶ KB Financial (KB): KB Financial Group Inc., a financial holding company, provides a range of banking and related financial services to consumers and corporations in South Korea and internationally. It operates through C....See Detailed Company Profile,  Dividend History

▶ Lloyds Banking (LYG): Lloyds Banking Group plc provides banking and financial services under the Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows brands in the United Kingdom and internationally. It operates thr....See Detailed Company Profile,  Dividend History

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