Bank Of Montreal Stock Price, News & Analysis

Bank of Montreal (TSX:BMO, NYSE:BMO) declared a quarterly common share dividend of $1.67 per share for Q1 fiscal 2026, an increase of $0.04 (2%) from the prior quarter and 5% year-over-year. The common dividend is payable on February 26, 2026 to shareholders of record on January 30, 2026. The Board also declared a $0.426 per share dividend on Class B Preferred Shares Series 44, payable February 25, 2026 to holders of record on January 30, 2026. Both dividends are designated eligible for Canadian tax purposes. Common shareholders may enroll in the Bank's Dividend Reinvestment and Share Purchase Plan, with enrolment by February 3, 2026 for registered holders.

BMO Financial Group (TSX:BMO, NYSE:BMO) reported fiscal 2025 net income of $8,725 million (up 19% year‑over‑year) and adjusted net income of $9,248 million (up 24%). Fiscal 2025 diluted EPS was $11.44 (up 20%) and adjusted EPS was $12.16 (up 26%). For Q4 2025, reported net income was $2,295 million and adjusted net income was $2,514 million (adjusted Q4 +63% year‑over‑year); adjusted EPS was $3.28 (up 73%).

Key capital and shareholder actions: CET1 ratio was 13.3%; quarterly dividend raised to $1.67 (2% quarter, 5% year); 8.0 million shares repurchased for cancellation under the NCIB in the quarter.

BMO (BMO) launched Payment APIs on Dec. 2, 2025 to enable businesses across Canada and the U.S. to embed secure, real-time payments into ERP systems, treasury platforms, and customer-facing applications. The offering pairs payments with BMO reporting APIs to support embedded finance, faster transactions, and reduced manual processes.

Developers get instant access to secure APIs, clear documentation, and a production-grade sandbox via the BMO Developer Portal to build, test, and deploy cross-border payment solutions.

BMO announced that the Financing Spread for its MicroSectors™ Gold Miners 3X Leveraged ETNs (GDXU) will increase from 2.25% to 3.25%, effective November 21, 2025 (Fee Effective Date).

The Daily Financing Charge, which is the Federal Reserve Bank Prime Loan Rate plus the Financing Spread, will increase and will therefore reduce returns on the ETNs. Holders may hold, sell in the secondary market, or elect redemption under the ETN terms. The issuer waived the Minimum Redemption Amount for redemptions validly elected on or after the announcement date through the Fee Effective Date; outside that period, redemptions require a minimum of 25,000 ETNs. The notice warns the change may adversely affect liquidity and secondary-market prices and reiterates that the ETNs are intended as short-term daily trading tools for sophisticated investors.

BMO (TSX; NYSE: BMO) announced a U.S. branch optimization on Oct 16, 2025: it will sell 138 branches to First Citizens Bank and plans to open 150 new branches over five years, focused on densifying in core U.S. markets, notably California. First Citizens will assume ~$5.7B in deposits and buy ~$1.1B in loans; BMO expects a net deposit premium of ~5%. BMO will record a goodwill charge of ~US$75M and a tax expense of ~US$85M in Q4 2025. Transaction subject to regulatory approvals and expected to close mid-2026.

BMO (NYSE:BMO) successfully completed its annual Equity Through Education trading day, raising C$1.5 million to support student education access. The initiative, which donates a portion of institutional equity trading commissions from BMO Capital Markets and BMO Wealth Management, has contributed over C$35 million since 2005, benefiting more than 5,500 students through scholarships, bursaries, mentoring, and career development opportunities.

The 2025 event featured continued collaboration between BMO Capital Markets and BMO Wealth Management, demonstrating the company's commitment to its purpose of "Boldly Grow the Good in business and life" through educational support initiatives.

BMO Financial Group (NYSE:BMO) announced that Chief Financial Officer Tayfun Tuzun will retire in early 2026. The bank has appointed Rahul Nalgirkar as the new CFO, effective January 1, 2026. Nalgirkar, who joined BMO in 2022 as CFO of BMO U.S. and commercial banking operations, will first serve as Deputy CFO during a transition period.

Tuzun, who joined BMO in 2020, will continue serving on the board of directors of BMO Financial Corp., the bank's U.S. subsidiary. During his tenure, he oversaw the Bank of the West acquisition and integration, helping establish BMO as one of North America's largest banks. Nalgirkar brings extensive experience from previous roles at Fifth Third Bank, GE Capital, Citigroup, and CIT.

Bank of Montreal (NYSE: BMO) has received regulatory approvals from the Toronto Stock Exchange and the Office of the Superintendent of Financial Institutions Canada for a new normal course issuer bid (NCIB). The bank will terminate its existing bid on September 4, 2025, and launch a new bid from September 5, 2025, to September 4, 2026.

Under the new bid, BMO can purchase up to 30 million common shares (approximately 4.2% of public float) for cancellation. The bank has already purchased 15.95 million shares at an average price of $143.39 under the existing bid, totaling $2,287 million. The daily maximum purchase limit will be 719,814 shares, based on an average daily trading volume of 2,879,257 shares.

BMO Financial Group (NYSE: BMO) has announced plans to terminate its existing share buyback program and establish a new, larger normal course issuer bid to purchase and cancel up to 30 million common shares, subject to regulatory approvals. The bank has already purchased 15.7 million shares under the existing bid that was set to end January 21, 2026.

The new buyback program represents approximately 4.2% of BMO's public float as of July 31, 2025. The bank had 716,360,515 common shares outstanding, with a public float of 716,119,627 shares. Purchases will be made through the Toronto Stock Exchange and other designated exchanges, with pricing generally at market value except for exempt order purchases.