Bank of Montreal

BMO

CA0636711016

Banks

Delayed Toronto S.E. Other stock markets 02:02:51 2024-04-23 pm EDT			5-day change	1st Jan Change
128.2 ^CAD	+0.64%		+1.80%	-2.22%

01:49pm	BMO on The Day Ahead in Canada	MT
Apr. 22	National on Canadian Banks -- "Rate Uncertainty Revives Credit Cycle Concerns"	MT

BMO Bank of Montreal Increases CDN$ Prime Lending Rate to 3.70 Per Cent

June 01, 2022 at 03:38 pm EDT

TORONTO, June 1, 2022 /CNW/ - BMO Bank of Montreal today announced that it is increasing its CDN$ prime lending rate from 3.20 per cent to 3.70 per cent, effective Jun. 2, 2022.

About BMO Financial Group

Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $1.04 trillion as of April 30, 2022, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.

SOURCE BMO Financial Group

Latest news about Bank of Montreal

BMO on The Day Ahead in Canada	07:49am	MT
National on Canadian Banks -- "Rate Uncertainty Revives Credit Cycle Concerns"	Apr. 22	MT
Canada's New Housing Price Index Unchanged in March MoM, as Expected; Down 0.4% YoY	Apr. 22	MT
BMO Launches Greener Future Financing Program to Help U.S. Businesses Build Climate Resilient Operations	Apr. 22	CI
BMO on The Day, Week Ahead in Canada	Apr. 22	MT
RBC Expects Canadian Banks' PCLs to "Continue to Normalize"	Apr. 19	MT
BMO on The Day Ahead in Canada	Apr. 19	MT
BMO Notes Stability in Canada's Mortgage Credit Growth	Apr. 19	MT
BMO on The Day Ahead in Canada	Apr. 18	MT
TSX Closer: Market Manages To Finish Up 13 Points After MIdday Plunge	Apr. 17	MT
National Bank on Federal Budget's Impact on Banks -- "No Big Surprises, Just More Clarity"	Apr. 17	MT
Weak Canadian Dollar Could Become An Issue for The Central Bank, Says BMO	Apr. 17	MT
BMO Notes Some Relief in Canada's Inflation From Mortgage Interest Costs	Apr. 17	MT
BMO on The Day Ahead in Canada	Apr. 17	MT
BMO chief says US economy improving, calls California 'a strategically important market'	Apr. 16	RE
Canada Inflation Ticks Up in March to 2.9% -- 3rd Update	Apr. 16	DJ
BMO Notes The Good News in Canada's Cooling Inflation Data for March	Apr. 16	MT
Canada Inflation Ticks Up in March to 2.9% -- 2nd Update	Apr. 16	DJ
Transcript : Bank of Montreal - Shareholder/Analyst Call	Apr. 16
CMHC Says Canada's Housing Starts Post 7% M/M Fall in March; Worse Than Expected	Apr. 16	MT
BMO on The Day Ahead in Canada	Apr. 16	MT
Economists Warn Tax Hikes Are On the Table in Tuesday's Budget	Apr. 15	MT
BMO on The Day, Week Ahead in Canada	Apr. 15	MT
Canada's Banking Regulator Announced Cap on Banks' Mortgages to Highly Indebted Borrowers	Apr. 12	MT
New Mortgage Rule in Canada Won't Trigger the Market, Says BMO	Apr. 12	MT

Chart Bank of Montreal

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Company Profile

Bank of Montreal (BMO) is a Canada-based company, which offers a wide range of personal banking services. The Company is engaged in providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to customers across Canada, the United States, and in select markets globally. The Company offers services, such as bank accounts, credit cards, mortgages, loans, investments, creditor insurance, and travel insurance. The Companyâs segments include P&C, U.S. P&C, Total P&C, BMO Wealth Management, BMO Capital Markets, and Corporate Services. Its bank accounts include checking accounts, and savings accounts. Its credit card services include no fee, low interest, cash back, BMO Rewards, AIR MILES, travel, and lifestyle. Its credit cards include BMO eclipse Visa Infinite Card, BMO Ascend World Elite Mastercard, BMO eclipse Visa Infinite Privilege Card, BMO Preferred Rate Mastercard and BMO CashBack Mastercard.

Sector

Banks

Calendar

2024-04-25 - Ex-dividend day

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Analysis / Opinion

BMO on Provincial Bonds in Canada

April 04, 2024 at 11:35 am EDT

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Ratings for Bank of Montreal

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

127.4 CAD

Average target price

133.7 CAD

Spread / Average Target

+4.95%

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Bank of Montreal

Equities

BMO

CA0636711016

Banks

BMO Bank of Montreal Increases CDN$ Prime Lending Rate to 3.70 Per Cent

EPS Revisions