BMO Financial Group
Banking
BMO Financial Group Company Overview
BMO Financial Group
● ActiveBanking · Toronto, ON · Est. 1817
$72B CAD
Valuation
$36.0B CAD
Revenue
56k+
Employees
1817
Founded
BMO Financial Group is one of Canada's Big Five banks and the eighth-largest bank in North America by assets, providing personal banking, commercial banking, wealth management, and capital markets services to retail and institutional customers across Canada and the United States. Following its 2023 acquisition of Bank of the West from BNP Paribas, BMO operates over 1,300 branches across North America with a significant presence in the US Midwest and West.
Recent Press5 items
Press Release·2026-02-25
BMO Financial Group Reports First Quarter 2026 Results
BMO reported Q1 2026 net income of $2,489 million, up 16% year-over-year, with revenue of $9.82 billion beating analyst forecasts. The bank achieved record revenue across all four operating segments and adjusted EPS of $3.48, a 15% increase from the prior year. BMO raised its annual dividend to $6.68 per share and reported a CET1 ratio of 13.1%.
Press Release·2025-12-04
BMO Financial Group Reports Fourth Quarter and Fiscal 2025 Results
BMO reported full-year fiscal 2025 adjusted net income of $9,248 million, a 24% increase from the prior year, with adjusted EPS rising 26% to $12.16. The bank achieved a 63% increase in Q4 adjusted net income year-over-year as credit provisions fell sharply. BMO also raised its quarterly common share dividend for the fiscal year ahead.
Press Release·2025-10-30
BMO Wins 11 Honours for AI and Digital Innovation
BMO received 11 recognitions at the 2025 Digital Banker Awards and the 2025 Qorus-Infosys Finacle Banking Innovation Awards for leadership in AI and digital innovation. Award-winning products included the Lumi generative AI assistant and the BMO My Financial Progress personalized planning tool. BMO was also recognized as one of only five global banks partnering with Google on Unified Push Provisioning.
Press Release·2025-10-22
BMO Earns Top Recognition for AI Talent Development in Global Banking
BMO earned the joint number one global ranking in AI Talent Development in the 2025 Evident AI Index, a benchmark evaluating AI maturity across the world's top 50 banks. The recognition highlights BMO's enterprise-wide investments in AI literacy, data science upskilling, and responsible AI governance. BMO was the only Canadian bank to achieve a top-five ranking in the index.
Press Release·2025-10-16
BMO Announces Branch Optimization to Accelerate Future Growth
BMO entered into a definitive agreement to sell 138 U.S. branches in select markets to First-Citizens Bank and Trust Company, with First Citizens assuming approximately $5.7 billion in deposits and purchasing approximately $1.1 billion in loans. In parallel, BMO plans to open 150 new branches over the next five years focused on higher-density U.S. markets. The transaction marks a significant strategic shift in BMO's U.S. retail banking footprint.
Company History9 milestones
