Bank of Montreal (BMO) is offering Accelerated Return Notes® linked to the EURO STOXX 50® Index, each with a $10 principal amount and an approximately 14-month term maturing in June 2027. The notes pay a leveraged return at a 300% Participation Rate, subject to a Capped Value to be set on the pricing date (illustrative range: $11.85 to $12.25 per unit). BMO's initial estimated value at pricing is expected to be $9.11 to $9.51 per unit; the public offering price is $10.00 per unit. Fees disclosed include a $0.175 underwriting discount and an estimated $0.05 per-unit hedging-related charge. Payments at maturity depend on the average Ending Value of the Index during a short maturity valuation period and are subject to BMO credit risk and tax rules described herein.
Bank of Montreal is offering Market Linked Securities — auto-callable, contingent-coupon, principal-at-risk notes linked to the lowest performing of Class A common stock of Meta Platforms, Inc. and common stock of NVIDIA Corporation. The original offering price is $1,000 per security with an estimated initial value of $948.41. The securities pay quarterly contingent coupons at a 19.60% per annum rate when the lowest-performing underlying equals or exceeds a 70% coupon threshold and may be automatically called if the lowest-performing underlying closes at or above its starting value on certain calculation days. If not called, maturity is March 30, 2029, and the maturity payment depends on the lowest-performing underlying: holders receive $1,000 if the final ending value is at or above the 70% downside threshold, otherwise the investor suffers proportional principal loss. The notes are unsecured obligations of Bank of Montreal and carry credit and withholding risks.
Bank of Montreal is pricing principal-protected-like equity-linked notes tied to the S&P 500® Index with a trade date of March 27, 2026 and a stated maturity of August 16, 2027. Each note has a $1,000 principal amount and offers 150% upside participation subject to a $1,246.00 maximum settlement per note and a cap level of 116.40% of the initial underlier level (initial underlier level: 6,368.85). If the final underlier level is below the initial level, investors suffer full downside exposure, losing 1% of principal for every 1% decline.
Original issue proceeds total $12,000,000 (aggregate), with underwriting discount of $13.70 per note and proceeds to the issuer of $11,835,600. The notes are unsecured obligations of Bank of Montreal, not listed, not interest-bearing, and subject to issuer credit risk; estimated initial value per note is $983.09.
Bank of Montreal offers Market Linked Securities — auto-callable, contingent-coupon, downside principal-at-risk notes linked to the lowest performing of Blackstone (BX), Datadog (DDOG) and Palantir (PLTR), maturing April 2, 2029. Each security has an original offering price of $1,000 and an estimated initial value of $943.95 per security on the pricing date.
Holders may receive monthly contingent coupons at a 24.45% per annum rate only if the lowest performing Underlier on each calculation day is at or above its 50% coupon threshold. If not auto-called, principal at maturity depends on the lowest performing Underlier: full face value if its ending value is at or above 50% of starting value, otherwise the maturity payment equals the face amount multiplied by the performance factor (risking loss of more than 50% or all principal).
Bank of Montreal priced auto-callable, equity-index-linked securities due April 2, 2029. The securities pay a fixed monthly coupon of 7.40% per annum, have an original offering price of $1,000 and an estimated initial value of $957.33 per security as of the pricing date. They are unsecured obligations of Bank of Montreal and are exposed to the issuer's credit risk.
The payout is linked to the lowest performing of the Nasdaq-100 (starting 23,132.77), Russell 2000 (starting 2,449.695) and S&P 500 (starting 6,368.85). If not called early, principal at maturity depends solely on that lowest performing Underlier relative to a 75% threshold, so a decline below the threshold can cause loss of principal up to 100%.
Bank of Montreal prices equity-linked, auto-callable notes tied to Freeport-McMoRan (FCX). The offering sells securities with a face amount of $1,000 per security and an original offering price of $1,000. The securities pay a contingent coupon of 14.00% per annum quarterly if the Underlier meets a coupon threshold, are auto-callable on quarterly observation dates if the Underlier is at or above the starting value, and mature on April 2, 2029 if not called. The starting value is $56.24 (pricing date March 27, 2026) and the coupon/downside threshold is $28.12 (50% of starting value). The issuer and payment source is the Bank of Montreal; payments are unsecured and subject to the bank's credit risk.
Bank of Montreal is offering equity-index-linked senior medium-term notes with an original offering price of $1,000 per security. The notes are auto-callable on the first call date and mature on May 3, 2029. The payment at maturity or call depends on the performance of the lowest performing of the Nasdaq-100, Russell 2000 and S&P 500 indices.
The notes feature a 150% upside participation rate, a call premium of at least 22.80%, and a threshold equal to 75% of each starting value. If not called, maturity payments are calculated from the lowest-performing underlier; losses occur if that underlier falls below its threshold, exposing investors to full downside. Estimated initial value on the pricing date was $969.10, and proceeds to Bank of Montreal are $974.25 per security.
The pricing supplement describes non-interest-bearing, principal‑at‑risk notes issued by Bank of Montreal linked to the Russell 2000® Index. For each $1,000 principal, the cash settlement at maturity depends on the index performance: a 300% upside participation applies to gains (capped at a maximum settlement amount), while losses pass through 1% for each 1% decline, potentially eliminating principal. Key commercial terms to be set on the trade date include the initial underlier level, the cap level (expected ~110.35%–112.15% of the initial level), the maximum settlement amount (expected ~$1,310.50–$1,364.50 per $1,000), and the stated maturity (determination date expected 20–23 months after trade date). The notes are unsecured obligations of Bank of Montreal, not FDIC/Canada Deposit Insurance insured, and carry issuer credit risk. The estimated initial value is expected to be ~$969.00–$999.00 per $1,000 and will be less than the original issue price.
Bank of Montreal is offering market-linked senior medium-term notes (Series K) — leveraged upside participation, contingent downside principal-at-risk securities linked to the EURO STOXX 50® Index with a stated maturity date of November 2, 2029. The original offering price is $1,000 per security with proceeds to Bank of Montreal of $971.75 per security. The securities do not pay interest; the maturity payment depends on the index performance, an upside participation rate of at least 155.60%, and a threshold equal to 75% of the starting value. If the ending value is below the threshold, investors have full downside exposure and can lose more than 25% of face amount. Pricing date is April 30, 2026 and issue date is May 5, 2026. The issuer’s estimated initial value was $963.90 per security (floor at $913.00); this estimate is model-based and not a market price. These are unsecured obligations of Bank of Montreal and are subject to its credit risk.
Bank of Montreal is offering Capped Market Index Target-Term Securities® linked to a Global Equity Index Basket due March 28, 2031. The offering price is $10.00 per unit for a total public offering price of $16,550,030; proceeds to BMO before expenses are $16,136,279.25. The notes are senior unsecured debt that return 100% participation in increases in an equally weighted basket of the Dow Jones Industrial Average®, EURO STOXX 50® and TOPIX®, subject to a Capped Value of $16.546 per unit (a 65.46% capped return). The initial estimated value on the pricing date was $9.21 per unit, below the public offering price. Payments at maturity depend on the basket’s average Ending Value during the Maturity Valuation Period and are subject to BMO’s credit risk; the Minimum Redemption Amount is $10.00 per unit. Fees include an underwriting discount of $0.25 per unit and a hedging related charge of $0.05 per unit. Terms, tax treatment, hedging arrangements, and index sponsor disclaimers are described in the prospectus and product supplement.