|Bid||105.81 x 0|
|Ask||105.90 x 0|
|Day's Range||104.40 - 106.00|
|52 Week Range||88.63 - 106.00|
|PE Ratio (TTM)||14.80|
|Earnings Date||Aug 28, 2018|
|Forward Dividend & Yield||3.84 (3.76%)|
|1y Target Est||85.41|
Bank of Montreal (TSX:BMO)(NYSE:BMO) has been a top Canadian bank performer in 2018, and there is still reason for optimism.
The Bank of Montreal's capital markets arm says it has successfully launched a pilot involving the use of blockchain in a Canadian dollar debt deal transaction. BMO Capital Markets says the fixed-income issuance transaction included the bank as the issuer and the Ontario Teachers' Pension Plan as the buyer of $250 million of one-year floating rate deposit notes. BMO says this is the first Canadian-dollar fixed income issuance to demonstrate the viability of a platform using blockchain, which is a digital ledger of transactions that is shared among a network of computers.
Canada’s biggest banks are better equipped to weather a domestic housing price downturn than they were two years ago, even though total mortgage-related losses would be larger, and the nation’s two riskiest provinces account for a bigger chunk of mortgage portfolios, according to a new report.
TORONTO, Aug. 15, 2018 /CNW/ - BMO Capital Markets today announced that it has successfully launched a pilot fixed income issuance transaction, mirrored on a blockchain platform alongside leading pension fund investor Ontario Teachers' Pension Plan (Ontario Teachers'). The transaction included Bank of Montreal as the issuer and Ontario Teachers' as the buyer of a CDN$250MM 1-year floating rate Deposit Note, making it the first Canadian dollar fixed income issuance demonstrating the viability of blockchain platforms.
ETFs can give investors steady income with less risk than owning individual stocks. Bank of Montreal (TSX:BMO)(NYSE:BMO) offers diversified high-income products for investors using a covered call options strategy to increase its monthly distributions.
TORONTO , Aug. 9, 2018 /CNW/ - BMO Financial Group will announce its third quarter 2018 financial results and hold its investor community conference call on Tuesday, August 28, 2018 . Financial results ...
After years of criticism from the Indigenous community, BMO has removed two stone plaques from the facade of a building in Montreal's tourist sector that commemorated the killing of an Iroquois chief in 1644. The plaques, one in English and the other in French, told the tale of the founder of Montreal, Paul de Chomedey, sieur de Maisonneuve, who killed the chief "with his own hands. On Tuesday, workers had removed the offending plaques and were readying to replace them with new stones whose message excluded the line about Maisonneuve's busy hands.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of Montreal (BMO) have what it takes? Let's find out.
TORONTO, July 30, 2018 /CNW/ - BMO Wealth Management today released a report describing Canada's labour market shifting from permanent employment to on-demand temporary or contractual employment as "the new normal" – and the challenges and opportunities within this so-called "gig economy". The Gig Economy: Achieving Financial Wellness with Confidence is based on a survey of more than 1,000 Canadian small-business owners. "Since the global financial crisis in 2008, technology and automation have transformed just about everything we do," said Joanna Rotenberg, Group Head, BMO Wealth Management.
Investors seeking a high yield should look to Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) ahead of its third-quarter earnings report.
BMO Financial Group announces one national winner and 12 regional winners $15,000 is awarded to the national winner; $7,500 is awarded to each regional winner All selected works will be showcased from ...
TORONTO , July 20, 2018 /CNW/ - BMO Asset Management Inc. today announced the July 2018 cash distributions for BMO Exchange Traded Funds (BMO ETFs) that distribute monthly. Unitholders of record of the ...
#1 in U.S. Rates Strategy and #1 in Technical Analysis Only Canadian firm to earn a spot in the leader's table TORONTO and NEW YORK , July 19, 2018 /CNW/ - BMO Capital Markets' Fixed-Income Strategy group ...
WINNIPEG, July 17, 2018 /CNW/ - BMO Bank of Montreal has opened its first Smart Branch in Winnipeg, as part of the bank's rollout of the new format in Canada. The Smart Branch format, which has also been introduced in the U.S. by BMO, provides a new and engaging banking environment that brings together advice-based services and the latest in digital experiences.
TORONTO, July 16 2018 /CNW/ - BMO Financial Group (BMO) today announced a partnership with Conferma, a leading global fintech company specializing in virtual payment innovations, to bring virtual card payment technology to BMO corporate card clients. This new, joint solution, backed by Conferma's extensive ecosystem of travel management companies and partners, makes business travel more convenient, cost-effective and secure for BMO clients across North America.
EDMONTON and CALGARY, July 12, 2018 /CNW/ - BMO Bank of Montreal has opened its first two Smart Branches in Alberta – in Edmonton and Calgary – as part of the bank's rollout of the new format in Canada. "Our customers' expectations are changing, and the need for efficient and digitally driven day-to-day banking experiences continues to increase," said Susan Brown, Senior Vice President, Alberta and Northwest Territories Division, BMO Bank of Montreal. "Our customers now have the option to handle simpler transactions on their own, while also benefiting from the assistance of branch staff for more complex financial needs such as mortgages and investment products.
TORONTO — All of Canada's Big Six banks say they will raise their prime lending rate after the Bank of Canada increased its overnight lending rate to financial institutions.
TORONTO , July 11, 2018 /CNW/ - BMO Bank of Montreal today announced that it is increasing its CDN$ prime lending rate from 3.45 per cent to 3.70 per cent, effective July 12, 2018 . About BMO Financial ...
The TSX may be poised for a rally in the latter half of 2018 and it could be powered by stocks like Aurora Cannabis Inc. (TSX:ACB) and others.
LONDON, UK / ACCESSWIRE / July 6, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Banking industry: Bank of Montreal, National Bank of Canada, Canadian Imperial Bank Of Commerce, and Canadian Western Bank. Today's stocks of interest consist of: Bank of Montreal (TSX: BMO), National Bank of Canada (TSX: NA), Canadian Imperial Bank Of Commerce (TSX: CM), and Canadian Western Bank (TSX: CWB).