BMO's Annual Equity Through Education Trading Day Raises C$1.5 Million to Support Student Success
Rhea-AI Summary
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.
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News Market Reaction
On the day this news was published, BMO gained 0.84%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
This year, BMO donated a portion of its trading revenue from institutional equity trading commissions from BMO Capital Markets, along with trading commissions from BMO Wealth Management to organizations that help promising students pursue their academic and professional goals.
"Equity Through Education trading day reflects BMO's Purpose, to Boldly Grow the Good in business and life," said Alan Tannenbaum, CEO, BMO Capital Markets. "Thanks to our clients and employees, we're able to support organizations that promote opportunity through education."
This year's event marked continued collaboration across BMO business groups, with BMO Wealth Management once again joining the initiative.
"We're proud to contribute to a program that makes a meaningful difference in the lives of students," said Deland Kamanga, Group Head, BMO Wealth Management. "By donating a portion of trading commissions from Wealth Management, we're helping students pursue their potential and the communities in which we live, work and prosper."
For more information about Equity Through Education, click here.
About BMO Financial Group
BMO Financial Group is the seventh largest bank in
View original content:https://www.prnewswire.com/news-releases/bmos-annual-equity-through-education-trading-day-raises-c1-5-million-to-support-student-success-302567515.html
SOURCE BMO Financial Group