Bank of Montreal (or BMO Financial Group), Canada’s fourth-biggest bank by assets, was established in November 1817, making it the oldest bank in the country. Headquartered in Quebec, it operates through three key business lines: Personal & Commercial Banking, BMO Wealth Management and BMO Capital Markets. The company offers chequing and savings accounts, credit and debit cards, mortgages, personal and business loans, lines of credit, financial planning, investments, insurance, travel services, foreign exchange, mobile and online banking and more. With over 8 million personal and commercial customers in Canada and 12 million globally, it employs 46,300 people and maintains a network of 1,459 branches and 5,000 ATMs in Canada, the United States and other countries. The company has strong market positions in the U.S. where it operates as BMO Harris Bank and maintains over 550 branches in Chicago (Illinois), Indiana and Wisconsin, with additional affiliated locations in Arizona, California, Florida, Georgia, New York, New Jersey, Texas, Virginia and Washington. BMO was ranked as the second most reputable among U.S. banks according to American Banker and the Reputation Institute’s customer surveys. In 2009, BMO Financial Group acquired the Diners Club North American franchise from Citibank. This deal gives Bank of Montreal exclusive rights to issue Diners Club cards to corporate customers in North America. In 2014, BMO purchased F&C Asset Management plc, a UK-based asset manager. As of July 31, 2019, Bank of Montreal reported total assets of C$839 billion, total deposits of C$553 billion and net loans of C$417.8 billion including C$122 billion in residential mortgages. The company’s shares are traded on the Toronto and New York stock exchanges with a market capitalization of US$50 billion as of January 14, 2020. BMO was awarded as Best Commercial Bank in Canada by World Finance Magazine. It is also was named one of the four Safest Banks in North America 2019 along with RBC, TD Bank and Scotiabank, according to Global Finance.

Key Facts

Revenue C$23.0 billion (2018)
Net income C$5.5 billion (2018)
Total assets C$839.180 billion (07/2019)
Total equity C$50.6 billion (07/2019)
Total Deposits C$553.4 billion (07/2019)
Loans C$419.7 billion (07/2019)
Assets under management (AUM) C$464.7 billion (07/2019)
Assets under administration (AUA) C$619.6 billion (07/2019)
Number of employees 46,323 (07/2019)
Chief Executive Officer (CEO) Darryl White

Head office address:
129 rue Saint Jacques
Montreal, QC H2Y 1L6
Canada
Tel: 877 225 5266

Operational Headquarters:
100 King Street West
First Canadian Place
Toronto, Ontario M5X 1A1
Telephone: 1 416 867 6785
Website: www.bmo.com

BMO International Offices

BMO Capital Markets
Abu Dhabi
Beijing
Dublin
Guangzhou
Hong Kong
London
Melbourne
Mumbai
Paris
Rio de Janeiro
Shanghai
Singapore
Taipei
Zurich

BMO Wealth Management

Europe and Middle East:
Abu Dhabi
Amsterdam
Edinburgh
Frankfurt
Geneva
Lisbon
London
Madrid
Milan
Munich
Paris
Stockholm
Zurich

Asia-Pacific:
Beijing
Guangzhou
Hong Kong
Shanghai
Singapore
Sydney