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Bank of Montreal (T:BMO)

Business Focus: Banks (NEC)

This company is also listed in the United States as BMO on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Financials Industry:  Banks
 
Company Contact
Address: 1 First Canadian Place
TORONTO ON M5X 1A1
Tel: N/A
Website: https://www.bmo.com
IR: See website
Key People
Darryl White
Chief Executive Officer, Director
Erminia Johannson
Group Head, North American Personal and Business Banking and Co-Head, Personal and Commercial Banking
Tayfun Tuzun
Chief Financial Officer
Daniel D. Barclay
Chief Executive Officer and Group Head, BMO Capital Markets
Darrel H. Hackett
U.S. Chief Executive Officer, BMO Financial Corp.
Steve Tennyson
Chief Technology Officer and Operations Officer
Mona Malone
Chief Human Resource Officer and Head of People, Culture & Brand
Piyush Agrawal
Chief Risk Officer
Sharon Haward-Laird
General Counsel
Nadim Hirji
Group Head, BMO Commercial Bank, North America and Co-Head, Personal and Commercial Banking
   
Business Overview
Bank of Montreal (BMO) is a Canada-based company, which offers a wide range of personal banking services. The Company is engaged in providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to customers across Canada, the United States, and in select markets globally. The Company offers services, such as bank accounts, credit cards, mortgages, loans, investments, creditor insurance, and travel insurance. The Company's segments include P&C, U.S. P&C, Total P&C, BMO Wealth Management, BMO Capital Markets, and Corporate Services. Its bank accounts include checking accounts, and savings accounts. Its credit card services include no fee, low interest, cash back, BMO Rewards, AIR MILES, travel, and lifestyle. Its credit cards include BMO eclipse Visa Infinite Card, BMO Ascend World Elite Mastercard, BMO eclipse Visa Infinite Privilege Card, BMO Preferred Rate Mastercard and BMO CashBack Mastercard.
Financial Overview
For the three months ended 31 January 2024, Bank of Montreal interest income increased 39% to C$15.85B. Net interest income after loan loss provision increased 8% to C$4.09B. Net income applicable to common stockholders increased from C$95M to C$1.25B. Net interest income after loan loss provision reflects U.S. P&C segment increase of 24% to C$1.77B, Wealth Management segment increase of 2% to C$312M, Net Interest Margin.
Employees: 55,767 as of Oct 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $203,254M as of Jan 31, 2024
Annual revenue (TTM): $60,057M as of Jan 31, 2024
EBITDA (TTM): $22,032M as of Jan 31, 2024
Net annual income (TTM): $5,075M as of Jan 31, 2024
Free cash flow (TTM): $3,597M as of Jan 31, 2024
Net Debt Last Fiscal Year: $115,065M as of Jan 31, 2024
Shares outstanding: 725,431,656 as of Mar 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization