BMO Financial Group (BMO) Plans 15M Common Stock Buyback

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BMO Financial Group Announces Intention to Repurchase Up to 15 Million of its Common Shares

December 1, 2015 6:52 AM EST

TORONTO, ONTARIO -- (Marketwired) -- 12/01/15 -- Bank of Montreal (TSX: BMO)(NYSE: BMO) today announced its intention, subject to the approval of the Office of the Superintendent of Financial Institutions Canada (OSFI) and the Toronto Stock Exchange (TSX), to purchase, for cancellation, up to 15 million of its common shares under a normal course issuer bid through the facilities of the TSX. Bank... More

BMO Financial Group Completes Acquisition of General Electric Capital Corporation's Transportation Finance Business

December 1, 2015 6:49 AM EST

CHICAGO, ILLINOIS and TORONTO, ONTARIO -- (Marketwired) -- 12/01/15 -- Editors Note: There is a photo associated with this press release.

BMO Financial Group (TSX: BMO)(NYSE: BMO), and its wholly-owned Chicago-based subsidiary BMO Harris Bank N.A. (together, "BMO"), today announced the completion of the acquisition of General Electric Capital Corporation's Transportation Finance business. The acquisition enhances BMO's commercial banking franchise with the addition of North America's largest financier to the truck and trailer segment.

"We're welcoming the premier Transportation Finance business in the industry into... More

BMO Financial Group Increases Common Share Dividend

December 1, 2015 6:46 AM EST

TORONTO, ONTARIO -- (Marketwired) -- 12/01/15 -- Bank of Montreal (TSX: BMO)(NYSE: BMO) today announced that the Board of Directors declared a quarterly dividend of $0.84 per share on paid-up common shares of Bank of Montreal for the first quarter of fiscal year 2016, a 2 cent increase from the previous quarter.

The Board of Directors also declared dividends of:

-- $0.328125 per share on paid-up Class B Preferred Shares Series 14; -- $0.3625 per share on paid-up Class B Preferred Shares Series 15; -- $0.211875 per share on paid-up Class B... More

BMO Financial Group Reports Net Income of $4.4 Billion for Fiscal 2015; Fourth Quarter Net Income Up 13%

December 1, 2015 6:46 AM EST

TORONTO, ONTARIO -- (Marketwired) -- 12/01/15 -- For fiscal 2015, BMO Financial Group (TSX: BMO)(NYSE: BMO) reported net income of $4,405 million or $6.57 per share on a reported basis and net income of $4,681 million or $7.00 per share on an adjusted basis. For the fourth quarter ended October 31, 2015, net income was $1,214 million and EPS was $1.83. Adjusted net income was $1,264 million and adjusted EPS was $1.90.

"BMO posted a strong finish to the year, delivering record results, with $4.7 billion in adjusted net income, and adjusted earnings per share of $7.00, up 6% from last year,"... More

Media Advisory: BMO Capital Markets Equity Research to Build Giant BMO Logo Out of More Than 3,000 Cans of Food Donated for Charity

November 30, 2015 4:18 PM EST

TORONTO, ONTARIO -- (Marketwired) -- 11/30/15 -- The BMO Capital Markets Equity Research Team will be building a giant BMO logo out of cans of food in the lobby of First Canadian Place on Tuesday, December 1st to raise awareness for the 2015 BMO Employee Giving Campaign.

Each Fall, BMO... More