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Bank of Montreal - $BMO STOCK NEWS

Welcome to our dedicated page for Bank of Montreal news (Ticker: $BMO), a resource for investors and traders seeking the latest updates and insights on Bank of Montreal stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bank of Montreal's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bank of Montreal's position in the market.

Rhea-AI Summary

BMO will host its 19th annual Farm to Market | Chemicals Conference on May 15 and 16, 2024 in New York, bringing together industry leaders to discuss the future of the agriculture and food sector amidst dynamic operating environments. Global institutional investors, financial sponsors, and companies will have access to presentations and panel discussions on key topics such as capital markets, sustainability, protein innovation, and more.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
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none
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Rhea-AI Summary
Bank of Montreal (BMO) has announced a reverse split of two series of its outstanding exchange traded notes (ETNs), with the effective date set for April 29, 2024. The impacted ETNs include MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs due March 25, 2039 (BNKD) and MicroSectorsTM Gold Miners -3X Inverse Leveraged ETNs due June 29, 2040 (GDXD). The reverse split ratios are 1-for-5 and 1-for-10 respectively. Holders of these ETNs will receive reverse split-adjusted ETNs for their existing holdings, with cash payments for any fractional ETNs remaining. Trading on the NYSE Arca will commence on a reverse split-adjusted basis on April 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
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Rhea-AI Summary
Bank of Montreal (BMO) announced the successful election of its Board of Directors at the Annual Meeting of Shareholders. All 13 director nominees were elected, with high percentages of votes in favor. The detailed results of the vote were disclosed, showcasing strong shareholder support for the elected directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
Tags
management
Rhea-AI Summary
BMO enhances its Sustainable Bond Framework with new categories and updates, including nuclear energy and climate transition financing, receiving a 'very good' sustainability quality score from Moody's. The Framework covers four types of sustainable bonds and aligns with international principles and guidelines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
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none
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Rhea-AI Summary
BMO receives recognition for successful customer conversion post-acquisition of Bank of the West, winning the Celent Model Bank Award for Integration Excellence. The award acknowledges BMO's seamless onboarding of nearly two million customers and thousands of employees, powered by their Digital First strategy. BMO's commitment to technology, innovation, and customer-centric approach has been lauded by industry experts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
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none
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Rhea-AI Summary
BMO has been recognized as one of the World's Most Innovative Companies of 2024 by Fast Company, standing out as the only Canadian and U.S. bank among over 600 winners. The award acknowledges BMO's innovative digital products and tools that facilitate real financial progress for customers in Canada and the United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
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none
Rhea-AI Summary
BMO to host inaugural Obesity Summit in New York City to discuss trends in obesity treatment and medical weight-management therapeutics. The conference will feature panels and presentations on various topics, including the emerging therapeutic landscape, patient perspectives, care delivery, metabolic research, and coverage and access.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
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none
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Rhea-AI Summary
BMO announces the filing of its 2024 Notice of Annual Meeting of Shareholders and Management Proxy Circular, along with the release of its 2023 Sustainability reporting suite. The Annual Meeting will be held on April 16, 2024, virtually and in person. The Sustainability reporting suite includes the 2023 BMO Climate Report and highlights BMO's sustainability efforts and risk management strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
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none
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Rhea-AI Summary
BMO recognized as one of the World's Most Ethical Companies for the seventh consecutive year by Ethisphere, showcasing commitment to ethical business practices and integrity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
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none
News
Rhea-AI Summary
Bank of Montreal (BMO) declares a quarterly dividend of $1.51 per share on common shares for Q2 2024, with dividends on preferred shares also announced. Shareholders of record on April 29, 2024, will receive these 'eligible' dividends. Shareholders can opt for dividend reinvestment in common shares through the Shareholder Dividend Reinvestment and Share Purchase Plan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.72%
Tags
dividends
Bank of Montreal

NYSE:BMO

BMO Rankings

BMO Stock Data

67.36B
724.70M
0.03%
53.79%
0.72%
Commercial Banking
Finance and Insurance
Link
United States of America
TORONTO

About BMO

at bmo, banking is our personal commitment to helping people at every stage of their financial lives. the truth is, people’s needs change: so we change too. but we never change who we are. which means we’ll never waiver from providing our customers the best possible banking experience in the industry. our incredible team of over 46,000 people is just the tip of the iceberg. you should get to know us. we’re here to help.