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Bank of Montreal

Bank of Montreal
Company nameBank of Montreal
Banque de Montréal
Company typePublic
Tsx - BMO
Nyse - BMO
IndustryFinancial services
Montreal, Quebec
HeadquartersMontreal, Quebec, Canada
Toronto, Ontario, Canada
Key peopleBill A. Downe (CEO)
David A. Galloway (Chairman)
Russel C. Robertson (CFO)|Christian Roux (Vice-president) industry=Financial services
Revenue$12.2 billion CAD (2010)
Net income(+) $2.8 billion CAD (2010)
Total assets$411.6 billion CAD (2010)
Employees37,947 (Full-time equivalent, 2010)

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The Bank of Montreal ( ), (commonly BMO in either official language), or BMO Financial Group, is the fourth largest bank in Canada by deposits. The Bank of Montreal was founded on June 23, 1817 by John Richardson (1755-1831) and 8 merchants in a rented house in Montreal, Quebec. On May 19, 1817 the Articles of Association were adopted, making it Canada's oldest bank. BMO's Institution Number (or bank number) is 001.

In Canada, the bank operates as BMO Bank of Montreal and has more than 900 branches, serving over seven million customers. The company also has substantial operations in the Chicago area and elsewhere in the United States, where it operates as BMO Harris Bank. BMO Capital Markets is BMO's investment and corporate banking division, while the wealth management division is branded as BMO Nesbitt Burns.

The company is ranked at number 150 on the Forbes Global 2000 list.

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