BMO - Bank of Montreal

BMO Celebrates Pride with the Return of "Rainbow Deposits" in support of Rainbow Railroad

BMO is kicking off the second year of its Pride-themed "Rainbow Deposits" campaign, today through August 31. Canadians and Americans are invited to "deposit" pictures of rainbows using the BMO Rainbow Deposits web app at www.BMORainbowDeposits.com and share on social media using the hashtag #BMOPride. For every rainbow deposited, BMO will donate $1 to Rainbow Railroad, up to $50,000 CAD.

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  Pride Month Begins: SF Pride officials on what's coming

  CBS-Sanfrancisco
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  Raising the LGBTQIA+ flag to kick off Pride Month

  WTTG

BMO and Bell Canada Execute Innovative Sustainability-Linked Derivative Tied to Ambitious GHG Emission Reduction Targets

BMO (TSX: BMO) (NYSE: BMO) and Bell Canada ("Bell") have entered into a Sustainability-Linked Derivative (SLD). The SLD leverages Bell's ambitious sustainability performance targets (SPT), and includes a pricing adjustment that increases the derivative's cost if Bell is unable to meet or exceed its science-based target to reduce its operational GHG emissions (Scope 1 and 2) by 58% by 2030 from a 2020 base year in line with the Science Based Targets initiative (SBTi). The SPT will be measured as

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  Alamos Gold Announces Release of Inaugural Climate Change Report

  GlobeNewswire
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  Verisk Recognized by USA TODAY as One of America’s Climate Leaders 2023

  GlobeNewswire

BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 6 per cent from the prior year

Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.47 per share on paid-up common shares of Bank of Montreal for the third quarter of fiscal year 2023 ("Q3 2023 Dividend"), a 4 cent, or 3 per cent, increase from the prior quarter, up 6 per cent from the prior year.

BMO Financial Group Reports Second Quarter 2023 Results

For the second quarter ended April 30, 2023, BMO Financial Group (TSX: BMO) (NYSE: BMO) recorded net income of $1,059 million or $1.30 per share on a reported basis, and net income of $2,216 million or $2.93 per share on an adjusted basis.

BMO Named to UN-Convened Group Providing Guidance to Global Banks on Nature Target Setting

BMO (TSX: BMO) (NYSE: BMO) today announced it has been selected to join the newly formed UN Principles for Responsible Banking (PRB) Nature Target Setting Working Group to innovate nature target-setting for banks. The working group consists of 34 bank signatories to the UN PRB.

Global Food and Agriculture Trends and Outlook: BMO Hosts 18th Farm to Market | Chemicals Conference in New York

BMO will host its 18th annual Farm to Market | Chemicals Conference on May 17th and 18th, 2023 at the Lotte New York Palace. This year's conference gathers global industry leaders from crop input production, agribusiness, protein, consumer and retail, restaurants, beverages and chemicals to discuss themes that affect the future of agriculture and food.

New BMO Survey Reveals Changing Digital Banking Habits in the U.S.

A new BMO survey revealed changing online banking trends in the U.S. as half of Americans (50 percent) reported they plan to move more transactions online throughout 2023. Increasing deposits, transferring funds, and viewing statements are reported as the top digital banking actions Americans plan to prioritize this year. Additionally, most Americans surveyed (59 percent) said they want financial literacy resources within their digital banking apps, with that number increasing to 73 percent amon

BMO Grows the Good with Support of Tree Planting Projects in Under-Resourced California Communities

BMO today continues its commitment to a sustainable future with a $225,000 donation to One Tree Planted, driving progress in urban planting projects to increase tree canopy in under-resourced communities in California. Ensuring there are trees in these communities can help address several disparities including heat exposure and air quality. BMO's support enables foresters to improve vegetation planning and resource management, relieving heat pressure and improving air quality.

BMO Celebrates Earth Day with 3rd Annual Trees from Trades Day on its Global Trading Floors

BMO celebrated Earth Day early this year with its one-of-a-kind, third annual "Trees from Trades" day on April 19th. An innovative approach to fundraising that has raised funds for more than 375,000 trees to date, a portion of Global Markets revenue from the day's trades will go towards BMO's overall goal of 500,000 trees by 2025.

BMO Announces Executive Appointment

BMO today announced the appointment of Darrel Hackett as U.S. Chief Executive Officer of BMO Financial Group, President & CEO of BMO Harris Bank N.A., and CEO of BMO's U.S. holding company, BMO Financial Corp. (BFC). Mr. Hackett will report to Chief Executive Officer Darryl White, join the bank's Executive Committee, and will chair the U.S. Management Committee. His appointment is effective June 1, 2023.

BMO Confirms Election of Board of Directors

Bank of Montreal (TSX: BMO) (NYSE: BMO) today held its Annual Meeting of Shareholders.

BMO Recommends Shareholders Reject TRC Capital's Below-Market "Mini-Tender" Offer

BMO (TSX: BMO) (NYSE: BMO) has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation ("TRC Capital") to purchase up to 1 million BMO common shares, or approximately 0.14% of the common shares outstanding, at a below-market price of CAD $113.55 per share.

BMO Named One of the World's Most Ethical Companies by the Ethisphere Institute

BMO has been recognized as one of the World's Most Ethical Companies for the sixth consecutive year by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.

BMO Capital Markets CEO Dan Barclay named Male Ally of the Year by Financial Women's Association

Dan Barclay, CEO, BMO Capital Markets, has been named Male Ally of the Year by the Financial Women's Association (FWA), recognizing his contributions to FWA's mission to promote the professional development and advancement of all women through education, mentorship, scholarships, networking, and alliances across the financial community.

BMO Survey Finds American Women Significantly Less Confident in Retiring Compared to Men

A special report from the BMO Real Financial Progress Index focusing on women and financial confidence found a stark contrast regarding how women and men feel about one of life's top financial goals: retirement. A significantly lower number of women (53 percent) feel financially confident about retiring at their target age compared to 66 percent of men. In addition, nearly three quarters (74 percent) of women have no financial plan in place to reach their goals compared to 58 percent of men with

BMO Proxy Circular and 2022 Sustainability Reporting Suite Now Available

BMO (TSX: BMO) (NYSE: BMO) today announced that it has filed its 2023 Notice of Annual Meeting of Shareholders and Management Proxy Circular with applicable securities regulators. It further announced the release of its 2022 Sustainability reporting suite.

BMO Financial Group Reports First Quarter 2023 Results

For the first quarter ended January 31, 2023, BMO Financial Group (TSX:BMO) (NYSE:BMO) recorded net income of $247 million or $0.30 per share on a reported basis, and net income of $2,272 million or $3.22 per share on an adjusted basis.

MicroSectors™ Launches Gold Long & Short Exchange Traded Notes on NYSE Arca

REX Shares, LLC ("REX") today announced the launch of two new MicroSectors Exchange Traded Notes ("ETNs") issued by Bank of Montreal ("BMO"), linked to the performance of the SPDR® Gold Shares ETF (ticker: GLD). MicroSectors Gold 3x Leveraged ETNs (ticker: SHNY) and MicroSectors Gold -3x Inverse Leveraged ETNs (ticker: DULL) will start trading tomorrow on NYSE Arca.

BMO to Host 32nd Global Metals, Mining & Critical Minerals Conference

BMO Capital Markets will host its 32nd Global Metals, Mining & Critical Minerals Conference from February 26 to March 1, 2023 in Hollywood, Florida. Over the years, the conference has seen an increase in critical minerals content, reflecting the energy transition objectives of organizations and governments around the world. As a result, BMO has rebranded the conference to the Global Metals, Mining & Critical Minerals Conference.

BMO Financial Group and BNP Paribas Announce Global Commercial Agreement

BMO Financial Group ("BMO") and BNP Paribas announce today a long-term commercial agreement and new cross-border framework to enhance coverage and access to a global network for their commercial banking clients. They will also enter into a comprehensive leasing services partnership. As part of this collaboration agreement, both banks will continue to provide, and expand on international services offered to clients.

MicroSectors™ Launches Energy Long & Short Exchange Traded Notes on NYSE Arca

REX Shares, LLC ("REX") today announced the launch of two new MicroSectors Exchange Traded Notes ("ETNs") issued by Bank of Montreal ("BMO"), linked to the Solactive MicroSectors™ Energy Index. MicroSectors Energy 3x Leveraged ETNs (ticker: WTIU) and MicroSectors Energy -3x Inverse Leveraged ETNs (ticker: WTID) will start trading tomorrow on NYSE Arca.

BMO Advances Patient Care with $250,000 Donation to San Francisco General Hospital Foundation

BMO (NYSE: BMO) announced its support for the San Francisco General Hospital Foundation (SFGHF) as the Premier Sponsor of the 150th anniversary of Zuckerberg San Francisco General Hospital and Trauma Center (ZSFG), celebrating and supporting the hospital's leadership and service in public health for the San Francisco community since 1872.

BMO U.S. Announces Minimum Base Pay Increase, Bringing Hourly Pay to $20 for All Qualified U.S. Employees

BMO (NYSE: BMO) today announced it will raise its minimum hourly wage for all qualified U.S. employees to $20 per hour effective March 12, 2023, as part of the bank's ongoing commitment to the financial wellbeing and progress of its employees. The increase applies to new hires and current team members from BMO U.S. and the recently acquired Bank of the West who earn below the new minimum base pay.

BMO Completes Acquisition of Bank of the West

BMO Financial Group (TSX: BMO) (NYSE: BMO), and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. (together, "BMO"), announced today it has completed the acquisition of Bank of the West from BNP Paribas (XPAR: BNP).