Bank of Montreal, commonly referred to as BMO (pronounced "bee-mow"), is the fourth largest bank in Canada. Founded in Montreal in 1817, BMO is Canada's oldest bank. BMO has holdings in the United States under the Harris Bank name. The organization's various divisions are known collectively as BMO Financial Group.BMO's dividend policy is to pay 45 to 55 % of its earnings in dividends to shareholders. http://www2.bmo.com/content/0,,divId-3_langId-1_navCode-3146,00.html#11
Mergers
- 1868: Commercial Bank of CanadaAbsoluteAstronomy.com: Bank of Montreal
- 1903: Exchange Bank of YarmouthAbsoluteAstronomy.com: Bank of Montreal
- 1905: People's Bank of HalifaxAbsoluteAstronomy.com: Bank of Montreal
- 1907: People's Bank of New BrunswickAbsoluteAstronomy.com: Bank of Montreal
- 1918: Bank of British North AmericaAbsoluteAstronomy.com: Bank of Montreal
- 1922: Merchants Bank of CanadaAbsoluteAstronomy.com: Bank of Montreal
- 1925: Molson BankAbsoluteAstronomy.com: Bank of Montreal
Sponsored Sports Teams
- Toronto FCBank of Montreal: Sponsoring Sports and Athletics
- Calgary FlamesBank of Montreal: Sponsoring Sports and Athletics
- Toronto Maple LeafsBank of Montreal: Sponsoring Sports and Athletics
- Toronto MarliesBank of Montreal: Sponsoring Sports and Athletics
- Toronto RaptorsBank of Montreal: Sponsoring Sports and Athletics
Sponsored Events and Facilities
- Play SoccerBank of Montreal: Sponsoring Sports and Athletics
- CanSkate Champions Medal ProgramBank of Montreal: Sponsoring Sports and Athletics
- BMO Vancouver MarathonBank of Montreal: Sponsoring Sports and Athletics
- BMO Nations' CupBank of Montreal: Sponsoring Sports and Athletics
- 2007-08 NHL Alumni Hockey TourBank of Montreal: Sponsoring Sports and Athletics
- Canadian Finals RodeoBank of Montreal: Sponsoring Sports and Athletics
- BMO FieldBank of Montreal: Sponsoring Sports and Athletics
- Spruce MeadowsBank of Montreal: Sponsoring Sports and Athletics
Bank of Montreal Competitors
Canadian Imperial Bank of Commerce (CIBC): Official Site
Toronto-Dominion Bank (TD): Official Site
Royal Bank of Canada (RBC): Official Site
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References
Fast Facts
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Stock symbol
BMO (NYSE)
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Established
November 3, 1817
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Annual revenue
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Net income
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Headquarters
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Full-time employees
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CEO
William A. Downe
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Fact:
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Fact:
Served as Canadian central bank until 1935Canadian Banks Forum: Bank of Montreal
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Fact:
Took part in irst transcontinental railway financing in the 1880sCanadian Banks Forum: Bank of Montreal
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Trivia
First Canadian bank to open a branch outside of CanadaCanadian Banks Forum: Bank of Montreal
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Next expected dividend payment date
November 26,2009
