Edition:
United States

Bank of Montreal (BMO.TO)

BMO.TO on Toronto Stock Exchange

83.96CAD
4:00pm EDT
Change (% chg)

$-0.05 (-0.06%)
Prev Close
$84.01
Open
$83.99
Day's High
$84.40
Day's Low
$83.27
Volume
853,858
Avg. Vol
1,201,650
52-wk High
$85.50
52-wk Low
$64.01

Latest Key Developments (Source: Significant Developments)

British Columbia says 3 pct of home sales involved foreign buyers between June 10-29
Thursday, 7 Jul 2016 02:29pm EDT 

: British Columbia Finance Minister Says About 3 Pct Of Property Transactions Involved Foreign Nationals Between June 10 and June 29 . British columbia finance minister says average property purchase by foreign national was c$1,157,000, significantly higher than by canadian citizens . British columbia finance minister says intention for province to update housing data monthly . British columbia finance minister says has seen far more evidence of 'flipping' in the past than at present . British columbia finance minister says largest group of foreign investors in residential property are from china (Reporting by Matt Scuffham) ((matthew.scuffham@thomsonreuters.com;)).  Full Article

Canada regulator considering changes to mortgage guidelines
Thursday, 7 Jul 2016 11:28am EDT 

: Canada's bank regulator says considering changes to mortgage underwriting guidelines . Canada Regulator - Borrowers relying on income sources outside of canada pose particular challenge for lenders . Canada regulator says limits for downpayments on higher risk mortgages need to be revisited . Canada regulator says some institutions 'not as proactive' as others to ensure prudent mortgage lending (Reporting by Matt Scuffham) ((matthew.scuffham@thomsonreuters.com;)).  Full Article

Canada finance minister welcomes bank regulator's move on stressing underwriting of mortgages
Thursday, 7 Jul 2016 09:52am EDT 

: Canada finance minister says welcomes move by bank regulator to stress need for prudent underwriting of residential mortgages . Canada finance minister says bank regulator's move is consistent with government actions to address pockets of risk in Canada's housing market (Reporting by David Ljunggren) ((david.ljunggren@thomsonreuters.com;)).  Full Article

Bank of Montreal files to say Vaulted Gold Bullion Trust to issue $500 mln of gold deposit receipts
Monday, 6 Jun 2016 02:19pm EDT 

Bank Of Montreal : Bank Of Montreal Files to say the vaulted gold bullion trust will issue $500 million of gold deposit receipts - sec filing . Bank Of Montreal - The trust will issue depositary receipts representing undivided beneficial ownership in a fixed quantity of physical gold bullion .Bank Of Montreal - The gold bullion will be held for benefit of holders of gold deposit receipts in an account operated by bank of montreal at the royal canadian mint.  Full Article

BMO CFO says higher credit provisions "not problematic"
Wednesday, 25 May 2016 04:00pm EDT 

: Bank of montreal cfo says job losses will have some impact on all parts of the bank . Bank of montreal cfo says number of job cuts larger in retail side of the bank .Bank of montreal cfo says expects credit provisions to go up but increase "not problematic".  Full Article

BMO Financial increases common share dividend
Wednesday, 25 May 2016 06:47am EDT 

Bank Of Montreal : Declared a quarterly dividend of $0.86 per share on paid-up common shares of Bank Of Montreal for Q3 . Q3 dividend represents 2 cent increase from previous quarter .BMO financial group increases common share dividend.  Full Article

BMO Financial Group reports Q2 earnings per share C$1.45
Wednesday, 25 May 2016 06:45am EDT 

Bank Of Montreal : BMO financial group reports net income of $973 million for the second quarter of 2016 . Q2 adjusted earnings per share c$1.73 . Q2 earnings per share c$1.45 . Q2 earnings per share view c$1.75 -- Thomson Reuters I/B/E/S . Qtrly book value per share increased 8% from prior year to $55.57 per share . Bank of Montreal qtrly reported revenue c$5,101 million versus c$4,526 million . Bank of Montreal qtrly provision for credit losses c$201 million versus c$161 million . Qtrly assets under management and administration declined $16 billion or 2% from a year ago to $817 billion . Announced a Q3 2016 dividend of $0.86 per common share, up $0.02 per share or 2% . Qtrly return on equity was 10.1% and adjusted return on equity was 12.1% . At quarter-end, basel III common equity tier 1 ratio was 10.0% .Basel III common equity tier 1 ratio was 10.0% at quarter end.  Full Article

Bank of Montreal to redeem $1.5 bln 3.979% series G medium-term notes
Monday, 9 May 2016 06:37pm EDT 

Bank Of Montreal : Notes are redeemable at par together with accrued and unpaid interest to, but excluding, redemption date .Bank of Montreal to redeem $1,500,000,000 3.979% series G medium-term notes first tranche.  Full Article

Bank of Montreal declares dividend
Tuesday, 23 Feb 2016 06:50am EST 

Bank of Montreal:Board of Directors declared a quarterly dividend of $0.84 per share on paid-up common shares of Bank of Montreal for the second quarter of fiscal year 2016.Dividend on the common shares is payable on May 26 to shareholders of record date as on May 2.  Full Article

Bank of Montreal announces subordinated note issue
Tuesday, 1 Dec 2015 04:49pm EST 

Bank of Montreal:Bank of Montreal announces subordinated note issue.Says notes bear interest at a fixed rate of 3.34 per cent per annum (paid semi-annually) until December 8, 2020.Domestic public offering of $1 billion of subordinated notes through its Canadian medium-term note program.  Full Article

BRIEF-BMO Financial increases common share dividend

* Declared a quarterly dividend of $0.86 per share on paid-up common shares of Bank Of Montreal for Q3