Bank of Montreal (BMO)

Bank of Montreal, Toronto

Bank of Montreal (also known as BMO Financial Group) (TSX: BMO, NYSE: BMO), established on November 3, 1817, is the oldest bank in Canada. It provides a wide range of financial products and services including retail, corporate and investment banking. It offers bank accounts, credit cards, personal and home equity loans, car loans, small business loans, lines of credit, investments, financial planning, mortgages, travel services, wealth management, cash management as well as market risk management, foreign exchange, trade finance, treasury management, corporate lending, securitization, public and private debt and equity underwriting, advisory and insurance services.With more than 45,000 employees, it serves approximately 12 million customers through a network of over 1,500 branches and 4,600 ATMs in Canada, the U.S. and other countries. It is the second largest Canadian bank by retail branches in Canada and the United States. The company has strong presence in the United States (particularly in Chicago) where it operates as BMO Harris Bank and serves more than 3 million customers through around 600 branches and 1,400 ATMs in Illinois, Arizona, Missouri, Minnesota, Indiana, Kansas, Florida, and Wisconsin. In 2009, Bank of Montreal purchased the Diners Club North American franchise from Citibank. The deal gives BMO exclusive rights to issue Diners Club cards to corporate and professional clients in the U.S. and Canada. In 2011, BMO acquired of Milwaukee-based Marshall & Ilsley Corporation (M&I). In May 2014, BMO completed the acquisition of F&C Asset Management plc, a diversified UK-based investment manager with a strong brand and almost 150-year history. BMO's operational headquarters is located in Toronto, while its legal head office is based in Montreal. As of April 30, 2017, BMO Financial Group had total assets of C$718.9 billion, deposits of C$488.2 billion and loans of C$368 billion.

BMO Financial Group has three operating divisions:
•  Personal and Commercial Banking (P&C): BMO Bank of Montreal, BMO Life, Harris Bank.

• Wealth management: BMO Nesbitt Burns (one of Canada’s leading wealth management firms), BMO InvestorLine, BMO Private Banking, BMO Global Asset Management and BMO Insurance.

•  BMO Capital Markets - North American investment and corporate banking division.

Bank of Montreal Awards:

Best Wealth Management in Canada, Global Banking & Finance Review, 2014-2015
Best Full Service Investment Advisory in Canada, Global Banking & Finance Review, 2014
Best Private Bank – Canada, Global Banking & Finance Review, 2011-2014
Best Online Brokerage, Morningstar Canada Investment Awards, 2014

 BMO Credit Ratings:

Data as at March 2017

BMO Financial Group Locations

BMO Head office address:
129 rue Saint Jacques
Montreal, QC H2Y 1L6, Canada
Phone number: 1-877-225-5266 (General Inquiries)
Website: www.bmo.com

Operational Headquarters:
100 King Street West SM18
Toronto, ON M5X 1B5
Canada