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Bank of Montreal (BMO.TO)

BMO.TO on Toronto Stock Exchange

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5 Jun 2020
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Latest Key Developments (Source: Significant Developments)

BMO Financial Group Declares Dividend
Tuesday, 27 Aug 2019 

Aug 27 (Reuters) - Bank of Montreal ::BANK OF MONTREAL- DECLARED QUARTERLY DIVIDEND OF $1.03/SHARE ON PAID-UP SHARES OF CO FOR Q4, UNCHANGED FROM PREVIOUS QUARTER AND UP 7% FROM PRIOR YEAR.  Full Article

BMO Financial Group Q3 Adjusted Earnings Per Share C$2.38
Tuesday, 27 Aug 2019 

Aug 27 (Reuters) - Bank of Montreal ::BMO FINANCIAL GROUP REPORTS THIRD QUARTER 2019 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE C$2.38.Q3 EARNINGS PER SHARE ESTIMATE C$2.49 -- REFINITIV IBES DATA.QTRLY NET REVENUE OF $5,779 MILLION, UP 5%.QTRLY PROVISION FOR CREDIT LOSSES OF $306 MILLION COMPARED WITH $186 MILLION IN PRIOR YEAR.QTRLY ROE OF 13.2%, COMPARED WITH 14.7%.QTRLY ADJUSTED ROE OF 13.5%, COMPARED WITH 15.0%.QTRLY COMMON EQUITY TIER 1 RATIO OF 11.4%.Q3 REVENUE VIEW C$5.82 BILLION -- REFINITIV IBES DATA.  Full Article

BMO Financial Group Announces Unified BMO Private Wealth Canada And Asia
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - Bank of Montreal ::BMO FINANCIAL GROUP ANNOUNCES UNIFIED BMO PRIVATE WEALTH CANADA AND ASIA.BMO PRIVATE BANKING AND BMO NESBITT BURNS BRANDS WILL CONTINUE TO BE USED FOR CLIENTS.BMO'S CANADIAN PRIVATE WEALTH BUSINESS WILL ALSO CONTINUE TO BUILD ON ITS LINKAGE WITH BMO'S PRIVATE BANK IN ASIA.ANDREW AUERBACH, CURRENTLY HEAD OF BMO NESBITT BURNS, WILL LEAD BMO PRIVATE WEALTH CANADA AND ASIA.  Full Article

SemGroup And KKR Form Canadian Joint Venture And Acquire Meritage Midstream ULC
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - SemGroup Corp ::SEMGROUP AND KKR FORM CANADIAN JOINT VENTURE AND ACQUIRE MERITAGE MIDSTREAM ULC.SEMGROUP CORP - SEMGROUP TO OWN 51% AND KKR TO OWN 49% OF NEW COMPANY.SEMGROUP CORP - SEMGROUP'S CONTRIBUTION OF SEMCAMS' SHARES AND ASSETS TO SEMCAMS MIDSTREAM VALUED AT C$1.15 BILLION.SEMGROUP CORP - ACQUISITION OF MERITAGE MIDSTREAM FOR C$600 MILLION (US$449 MILLION).SEMGROUP CORP - IN ADDITION, JOINT VENTURE WILL ENTER INTO C$800 MILLION UNDERWRITTEN BANK CREDIT FACILITY.SEMGROUP CORP - KKR WILL ALSO CONTRIBUTE C$300 MILLION (US$224 MILLION) TO ACQUIRE PERPETUAL PREFERRED EQUITY.SEMGROUP - WILL CONTRIBUTE SHARES & ASSETS OF SEMCAMS, VALUED AT C$1.15 BILLION, FOR C$615 MILLION CASH PROCEEDS & 51% COMMON EQUITY OWNERSHIP IN NEW JV.SEMGROUP - SEMCAMS MIDSTREAM WILL OWN ABOUT 900 MMCF/D OF NATURAL GAS PROCESSING CAPACITY BETWEEN EXISTING SEMCAMS AND MERITAGE FACILITIES.SEMGROUP CORP - BUSINESS AND AFFAIRS OF SEMCAMS MIDSTREAM WILL BE MANAGED BY A BOARD OF DIRECTORS COMPOSED OF SEVEN BOARD MEMBERS.SEMGROUP CORP - KKR WILL CONTRIBUTE C$515 MILLION OF CASH IN EXCHANGE FOR 49% OF COMMON EQUITY OWNERSHIP IN SEMCAMS MIDSTREAM.SEMGROUP CORP - SEMCAMS MIDSTREAM BOARD COMPOSED OF FOUR DIRECTORS NOMINATED BY SEMGROUP, THREE NOMINATED BY KKR, WITH SEMGROUP APPOINTING CHAIR.SEMGROUP - MERITAGE DEAL TO BE FINANCED WITH COMBINATION OF FUNDS FROM KKR GLOBAL INFRASTRUCTURE INVESTORS III & SEMCAMS MIDSTREAM CREDIT FACILITY.  Full Article

BMO Financial Group Announces Creation Of New Financial Crimes Unit
Monday, 7 Jan 2019 

Jan 7 (Reuters) - Bank of Montreal ::BMO FINANCIAL GROUP ANNOUNCES NEW FINANCIAL CRIMES UNIT TO BE HEADED BY LARRY ZELVIN.BMO'S ANTI-MONEY LAUNDERING GROUP, HEADED BY HERBERT MAZARIEGOS, TO WORK CLOSELY WITH FINANCIAL CRIMES UNIT.ZELVIN JOINS BMO FROM CITIGROUP INC., WHERE HE WAS MANAGING DIRECTOR AND GLOBAL HEAD, CYBER SECURITY..NEW FINANCIAL CRIMES UNIT WILL INTEGRATE CYBER SECURITY, FRAUD AND PHYSICAL SECURITY.  Full Article

BMO Financial Group Increases Common Share Dividend By 4 Cents From The Prior Quarter
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Bank of Montreal ::BMO FINANCIAL GROUP INCREASES COMMON SHARE DIVIDEND BY 4 CENTS FROM THE PRIOR QUARTER, UP 8 PER CENT FROM THE PRIOR YEAR.BANK OF MONTREAL - BOARD DECLARED A QUARTERLY DIVIDEND OF $1.00 PER SHARE ON PAID-UP COMMON SHARES OF BANK OF MONTREAL FOR Q1.  Full Article

Bank Of Montreal Q4 Adjusted Earnings Per Share C$2.32
Tuesday, 4 Dec 2018 

Bank of Montreal ::BMO FINANCIAL GROUP REPORTS FOURTH QUARTER AND FISCAL 2018 RESULTS.Q4 EARNINGS PER SHARE C$2.57.Q4 EARNINGS PER SHARE ESTIMATE C$2.29 -- REFINITIV IBES DATA.Q4 ADJUSTED EARNINGS PER SHARE C$2.32.QTRLY NET INTEREST INCOME $2,669 MILLION VERSUS $2,535 MILLION.REPORTED NET INCOME IN CURRENT QUARTER INCLUDED A BENEFIT OF $203 MILLION AFTER-TAX.REPORTED NET INCOME IN CURRENT YEAR ALSO INCLUDES A $425 MILLION CHARGE.  Full Article

Ottawa Senators Enter Into 5-Year Credit Facility With BMO
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Ottawa Senators::OTTAWA SENATORS ENTER INTO FIVE-YEAR REVOLVING CREDIT FACILITY WITH BMO.OTTAWA SENATORS - ENTERED INTO $30 MILLION 5-YEAR REVOLVING CREDIT FACILITY WITH BMO BANK OF MONTREAL'S CORPORATE FINANCE DIVISION, ON OCTOBER 19, 2018.  Full Article

BRIEF-Organigram Successfully Completes Amendment To Credit Facilities With Bank Of Montreal

* ORGANIGRAM SUCCESSFULLY COMPLETES AMENDMENT TO CREDIT FACILITIES WITH BANK OF MONTREAL