Bank of Montreal

Bank of Montreal has admitted senior, callable bonds of Series 496 with a volume of £400 million to trading on the main market of the London Stock Exchange. The securities mature in December 2033 and were issued under the $40 billion note program (ISIN XS3496798177). The final terms were published on 11 September; the offering is based on a prospectus dated 26 June 2026 with a supplement of 25 August 2026. The bonds are not registered under the US Securities Act and generally may not be offered in the United States or to US persons. » Mere på de.investing.com

Bank of Montreal has admitted senior bonds totaling 850,000,000 HKD (ISIN XS3498808909) to trading on the London Stock Exchange’s main market. Series 497 carries a fixed coupon of 3.540% and matures on 31 August 2027; it is part of the bank’s 40 billion US dollar debt issuance programme. The securities have not been registered under the US Securities Act and, with certain exceptions, may not be offered or sold in the United States or to US persons. The target market under MiFIR/MiFID II is limited to eligible counterparties and professional clients. » Mere på de.investing.com

Bank of Montreal has raised return on equity to 14%, saying this reaches 80% of the path to its 15% target by the end of fiscal 2027. The bank intends to reach the goal mainly through organic growth, strict risk controls and capital discipline and is currently ruling out large US acquisitions. Credit quality has improved (impaired loans 41 basis points), CET1 is 13% (pro forma 13.5%), and a new buyback program for 25 million shares plus maintained dividends were announced. Capital markets and US banking remain central growth drivers, while management will pursue selective, complementary acquisitions. » Mere på de.investing.com

BMO has completed the sale of 138 U.S. branches to First Citizens. The affected locations are in North Dakota, South Dakota, Wyoming, Nebraska, Kansas, Missouri, Oklahoma and Idaho, as well as selected sites in Minnesota, Oregon and Illinois. BMO describes the transaction as a measure to optimize its U.S. branch network and to reallocate capital and resources to higher-growth markets. BMO's total assets amounted to $1.5 trillion as of July 31, 2026. » Mere på de.investing.com

BMO delivered adjusted EPS of $3.96 and record pre-provision pretax earnings of $4.5 billion, with adjusted net income of $2.9 billion and ROE of 14% (up 200 bps). Revenue grew 11% led by Wealth and Capital Markets, capital remained strong with a CET1 ratio of 13% and announced divestitures (138 U.S. branches, transportation and vendor finance businesses, Moneris) expected to add ~50 bps of CET1. Provision for credit losses fell to $722 million and management expects Q4 impaired PCL in line with Q3 while maintaining confidence in achieving a 15% ROE exiting fiscal 2027. The bank approved a new normal course issuer bid for up to 25 million shares and emphasized ongoing investment in technology, talent and growth across Canada and the U.S. » Mere på finance.yahoo.com