52.56 +0.39 (0.75%)
After hours: 4:58PM EDT
|Bid||52.08 x 800|
|Ask||52.09 x 1400|
|Day's range||51.46 - 52.50|
|52-week range||38.31 - 79.93|
|Beta (5Y monthly)||1.02|
|PE ratio (TTM)||8.49|
|Forward dividend & yield||3.03 (5.97%)|
|Ex-dividend date||31 Jul 2020|
|1y target est||85.95|
BMO Insurance Introduces New Investment, Guarantee and No-Load Sales Charge Options on BMO Guaranteed Investment Funds (GIF)
TORONTO , May 28, 2020 /CNW/ - Kids Help Phone's annual Walk so Kids Can Talk presented by BMO is back for another year, this time with a twist. The new virtual Never Dance Alone-a-thon powered by BMO will take place across Canada this Sunday, May 31 st, to encourage fundraising and spread awareness about the importance of supporting young people through an especially distressing and uncertain time. Since early March, Kids Help Phone has experienced a record surge in demand from youth experiencing stress and anxiety as a result of COVID-19.
Image source: The Motley Fool. Bank of Montreal (NYSE: BMO)Q2 2020 Earnings CallMay 27, 2020, 7:15 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning and welcome to the BMO Financial Group Q2 2020 Earnings Release and Conference Call for May 27th, 2020.
Royal Bank of Canada and Bank of Montreal on Wednesday offered subdued outlooks after missing quarterly earnings expectations as they increased provisions more than six-fold to cover future loan losses due to the COVID-19 outbreak. While much of the spikes in provisions were for performing loans, they nevertheless point to banks' expectations for a surge in loan losses due to the pandemic. On Tuesday, Bank of Nova Scotia and National Bank of Canada also reported steep declines in profits.
Canadian banks are expecting to book higher loan losses this year and the next as the COVID-19 pandemic ravages economies and household incomes. Bank of Nova Scotia <BNS.TO> kicked off bank earnings for the first quarter on Tuesday and revealed that credit provisions more than doubled to C$1.85 billion from a year earlier, highlighting the damage from the pandemic.
BMO Financial Group Declares Dividends
BMO Financial Group Reports Second Quarter 2020 Results
BMO Investments Inc. Announces Risk Rating Changes, Changes to BMO LifeStage Plus 2030 Fund, New Funds and Series and Discontinues Low Load Deferred Sales Charge Purchase Option
TORONTO , May 21, 2020 /CNW/ - To help customers bank remotely with confidence, BMO has introduced the ability to reset or change a MasterCard PIN via online or mobile banking. As well – as remote banking capabilities become increasingly important – the bank has also introduced a suite of credit card self-service capabilities over the last several months. Credit Card PIN Reset: In a first for a major Canadian financial institution, customers now have the ability to quickly and securely reset or change the PIN on their BMO MasterCard via online or mobile banking.
TORONTO , May 14, 2020 /CNW/ - BMO Financial Group today announced the conversion of the BMO Institute for Learning (IFL) into a home away from home for front-line healthcare workers. Around the world, the current pandemic is driving an increased demand for temporary lodging and care facilities to support healthcare professionals. BMO is uniquely positioned to offer the IFL, a self-contained learning and conference facility, to help meet this need by providing hotel-like guest rooms at no cost.
WINNIPEG , May 11, 2020 /CNW/ - Tomorrow, Manitoba celebrates its 150th anniversary and marks the Manitoba Métis becoming Canada's negotiating partner in Confederation and Founder of Manitoba . As part of the celebration, BMO Financial Group (BMO) and the Manitoba Métis Federation (MMF) announced they have an agreement for the sale of BMO's building at Portage and Main.
TORONTO , May 6, 2020 /CNW/ - MLSE's meal donation program will reach 100,000 meals produced later this week, and to accommodate the overwhelming support and donations to date, the program has been expanded to include the use of BMO Field, and the addition of BMO as a lead partner, to maximize its impact in the community. With the additional resources, the "Bringing Toronto Back To Its Feet" program, designed to thank and support Toronto's frontline health workers, their families, and local community agencies, will be able to expand beyond their original production goal of 10,000 meals per day to now produce up to 13,000 meals per day.
BMO Business Clients Can Now Enroll to Receive Funds Quickly and Securely from the Canada Emergency Wage Subsidy
TORONTO , April 23, 2020 /CNW/ - BMO Investments Inc., the manager of BMO LifeStage Plus 2020 Fund and BMO Target Education 2020 Portfolio (collectively, the "Terminating Funds") today announced that these funds are approaching their June 30, 2020 target end date. Each of the Terminating Funds will be merged into the corresponding mutual fund (collectively, the "Continuing Funds") as set out in the chart below.
TORONTO , April 22, 2020 /CNW/ - BMO announced today that it has been recognized by Business Intelligence Group with a 2020 Artificial Intelligence Excellence Award. The award recognizes BMO's AI cash flow prediction solution, which aims to improve the financial health of everyday banking customers by predicting cash flow shortfalls. The solution leverages deep learning capabilities to assess cash flow across a customer's chequing and savings accounts and can predict potential shortfalls up to seven days in advance.
TORONTO , April 17, 2020 /CNW/ - BMO Financial Group today released an in-depth report on the long-term global structural shifts accelerated by the COVID-19 pandemic and current economic crisis. "We're in the midst of one of the most significant social and economic challenges we've ever faced, where we must – now and in the coming months – make every effort to be there for the individuals and businesses who need support," said Darryl White , Chief Executive Officer, BMO Financial Group. To cross the economic bridge we now find ourselves on, we must be agile and innovate.