Every 424B that Bank of Montreal (BMO) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow BMO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BMO filings page.
Bank of Montreal is offering senior medium-term, equity index linked notes due December 1, 2028 with a face amount of $1,000 per security. The securities pay a contingent fixed return (to be set on the pricing date) of at least 21.35% if the S&P 500® ending value is greater than or equal to the starting value. The notes provide a 10% buffer against declines in the Underlier; if the ending value is below the threshold (90% of the starting value), holders suffer 1-to-1 losses beyond the buffer and could lose up to 90% of face amount. Original offering price is $1,000, estimated initial value on the preliminary pricing supplement is $964.90 (not less than $920.00 at pricing), and proceeds to Bank of Montreal equal $974.25 per security. Payments are unsecured obligations of Bank of Montreal, subject to its credit risk. The tax treatment for U.S. holders is uncertain and the securities are not listed and may have limited secondary-market liquidity.
Bank of Montreal priced US$1,331,000 of Senior Medium-Term Notes, Series K — Capped Contingent Risk Absolute Return Buffer Notes due June 07, 2027 — linked to the least performing of the S&P 500®, Russell 2000® and the Dow Jones Industrial Average®. The notes provide 125.00% upside exposure subject to a 16.35% Maximum Return (Maximum Redemption Amount $1,163.50 per $1,000) and a 15.00% Buffer on downside performance up to a Maximum Downside Redemption Amount of $1,150.00 per $1,000. If the Least Performing Reference Asset falls more than the Buffer, investors incur losses of 1% per 1% decline beyond the Buffer, potentially losing up to 85.00% of principal. The notes pay no interest, are unsecured obligations of Bank of Montreal, and are subject to the issuer’s credit risk; estimated initial value was $986.94 per $1,000 on the Pricing Date.
Bank of Montreal is offering US$789,000 of Senior Medium-Term Notes, Series K — Digital Return Buffer Notes due May 07, 2027, linked to the least performing of the S&P 500® and Russell 2000®. The notes pay a 7.87% Digital Return if the Least Performing Reference Asset is ≥ 85.00% of its May 1, 2026 level; if that asset falls more than 15.00%, investors lose 1% of principal for each 1% decline beyond 15.00%, up to an 85.00% principal loss.
The notes are unsecured obligations of Bank of Montreal, issued in $1,000 denominations, not listed, and subject to the Bank’s credit risk. BMOCM is the agent and calculation agent. The pricing supplement states an estimated initial value of $977.89 per $1,000 and a public offering price aggregate of $789,000.
Bank of Montreal is offering US$1,688,000 of Senior Medium-Term Notes, Series K — Barrier Enhanced Return Notes due May 6, 2031 — linked to the S&P 500® Futures Excess Return Index. The notes provide 195.00% upside leverage if the Reference Asset rises, a 50.00% barrier, and potential for full principal loss if the Reference Asset falls below the barrier. The notes pay no interest, are unsecured obligations of Bank of Montreal, and were issued at a public offering price of 100% per $1,000 principal amount.
Bank of Montreal is offering US$750,000 in Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons linked to the MerQube US Large-Cap Vol Advantage Index (MQUSLVA). Pricing Date is May 01, 2026, settlement May 06, 2026, and maturity May 06, 2031
Key economic terms: price to public 100%, contingent coupon of 0.8958% per month (≈ 10.75% per annum) payable monthly if the Reference Asset closes at or above the Coupon Barrier Level ($2,454.97, 60% of the Initial Level). Automatic redemption occurs if the Reference Asset closes at or above the Call Level (100% of Initial Level) on an Observation Date. At maturity investors receive principal unless a Trigger Event occurs (Final Level < Trigger Level $2,045.81, 50% of Initial Level), in which case the cash payment equals $1,000 × Percentage Change.
Bank of Montreal (BMO) is offering $5,250,000 in Senior Medium-Term Notes, Series K — Callable Barrier Notes linked to the least performing of the Russell 2000® Index (RTY), the State Street® Consumer Staples Select Sector SPDR® ETF (XLP) and the Nasdaq-100 Technology Sector Index (NDXT). The notes pay monthly contingent coupons of 1.1333% per month (approximately 13.60% per annum) if each Reference Asset on an Observation Date is at or above its Coupon Barrier Level. The notes mature on May 06, 2030, are callable beginning November 03, 2026, and repay principal at maturity unless a Trigger Event occurs, in which case the cash payment equals $1,000 × Percentage Change of the Least Performing Reference Asset. The offering price was 100% of principal and the estimated initial value was $981.39 per $1,000 on the Pricing Date.
Bank of Montreal pricing supplement offers US$1,063,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to Oracle Corporation common stock. The notes mature on May 07, 2029 with a Pricing Date of May 01, 2026 and a Valuation Date of May 02, 2029.
The notes pay monthly contingent coupons of 1.6333% per month (approximately 19.60% per annum) when the reference asset closes at or above a coupon barrier of $103.10 (60.00% of the Initial Level). The notes are subject to an automatic redemption if the Reference Asset closes at or above the Call Level (100% of the Initial Level) on an Observation Date, and the payment at maturity depends on the Final Level relative to the Trigger Level ($103.10), exposing holders to potential principal loss if the Final Level is below the Trigger Level.
Bank of Montreal priced US$3,176,000 Senior Medium-Term Notes, Series K, Autocallable Barrier Notes with Memory Coupons linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®. The Pricing Date is May 01, 2026, Settlement Date May 06, 2026 and Maturity Date August 06, 2027. The notes pay contingent monthly coupons at a Contingent Interest Rate of 1.0083% per month (approximately 12.10% per annum) when each reference asset closes at or above its Coupon Barrier Level (70% of initial). The notes are automatically redeemable if on any Observation Date each reference asset is at or above its Call Level (100% of initial). If a Trigger Event occurs (any reference asset below its Trigger Level, 65% of initial), the payment at maturity depends on the percentage change of the least performing reference asset and may be less than principal. The public offering price was 100% (agents’ commission 0.25%), and the estimated initial value was $987.91 per $1,000 on the Pricing Date.
Bank of Montreal (BMO) priced a US$750,000 offering of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes linked to Oracle Corporation common stock. The notes pay contingent monthly coupons of 1.425% per month (approximately 17.10% per annum) and mature on May 07, 2029.
Key mechanics: initial Reference Asset level $171.83, Coupon Barrier $103.10 (60.00% of Initial Level), Trigger Level $85.92 (50.00% of Initial Level). Notes may autocall beginning on November 04, 2026. Estimated initial value was $970.70 per $1,000 principal on the pricing date.
Bank of Montreal (BMO) priced a US$258,000 offering of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Contingent Coupons linked to the Class A subordinate voting shares of Shopify Inc. The notes pay a contingent coupon of 4.4375% per quarter (≈17.75% per annum) when the Reference Asset closes at or above a coupon barrier of $63.84 on observation dates, feature an automatic redemption if the Reference Asset closes at or above the Call Level (100% of the Initial Level) on an Observation Date, and mature on November 08, 2027. If not called, maturity payment is cash only and depends on the Final Level versus the Initial Level; a Trigger Event occurs if the Final Level is below the Trigger Level ($63.84), which may materially reduce principal. The estimated initial value on the Pricing Date was $950.32 per $1,000 in principal amount.
Bank of Montreal priced a $2,554,000 issue of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to Advanced Micro Devices, Inc. (AMD) stock. The notes pay a contingent quarterly coupon of 4.2625% (≈17.05% per annum) if observation‑day levels meet the coupon barrier. The notes mature on November 08, 2027 with a valuation date of November 03, 2027. They automatically redeem early if the reference asset closes at or above the Call Level on an Observation Date; at maturity holders may suffer principal loss if the Final Level is below the Trigger Level ($180.27, 50% of the Initial Level $360.54). The estimated initial value was $951.73 per $1,000 on the pricing date.
Bank of Montreal is offering US$314,000 in Senior Medium-Term Notes, Series K, Autocallable Barrier Notes with Contingent Coupons linked to the least performing of AAPL, MS and AMZN. The notes were priced on May 01, 2026, settle on May 06, 2026, and mature on May 07, 2029
Quarterly contingent coupons of 3.15% per quarter (approximately 12.60% per annum) are payable only if each reference asset is at or above its coupon barrier on observation dates. The notes are autocallable beginning on August 04, 2026; if not called, final principal repayment depends on the performance of the least performing reference asset and may be less than principal.
Bank of Montreal priced US$10,724,000 of Senior Medium‑Term Notes, Series K — Capped Contingent Risk Absolute Return Buffer Notes linked to the S&P 500® Index. The notes mature on May 08, 2028 and pay no interest. Investors receive 1:1 upside participation capped at a Maximum Redemption Amount of $1,226.00 per $1,000 (a 22.60% return). If the S&P 500® ends between the Initial Level (7,230.12) and the Buffer Level (5,784.10, 80.00% of Initial Level), investors receive a positive return up to a Maximum Downside Redemption Amount of $1,200.00 per $1,000. If the Final Level is below the Buffer Level, holders lose 1% of principal for each 1% decline beyond the 20.00% buffer, with potential principal loss up to 80.00%. All payments are subject to Bank of Montreal credit risk; notes are unsecured and unlisted.
Bank of Montreal priced a market-linked note series (face amount $1,000) linked to the Nasdaq-100 Index® with a stated maturity date of June 2, 2028. The securities offer 200% upside participation subject to a maximum return of at least $232.00 (23.20%). The securities provide a 10% downside buffer (threshold = 90% of the starting value) and pay at maturity a cash amount that depends on the ending value measured on the calculation day (May 30, 2028), with 1-to-1 downside beyond the buffer. The original offering price is $1,000 per security and proceeds to Bank of Montreal are $974.25 per security. The issuer estimates an initial value of $966.00 per security (not less than $920.00), and notes significant model, market and credit risks, limited secondary market liquidity, and uncertain U.S. federal tax treatment.
Bank of Montreal priced a preliminary offering of Senior Medium-Term Notes, Series K: market-linked notes linked to the Russell 2000® Index with a stated maturity date of June 2, 2028 and a face amount of $1,000 per security. The notes provide 200% upside participation up to a maximum return of at least 26% (at least $260) and a 10% buffer against losses; if the ending value is below the 90% threshold you incur 1-to-1 downside beyond the buffer (up to 90% of face amount).
The pricing date was May 28, 2026; the issuer’s estimated initial value was $966.90 per security (not less than $920.00 at pricing). Agent discount is $25.75, proceeds to issuer $974.25, and the calculation day is May 30, 2028. Payments are unsecured obligations of Bank of Montreal and subject to issuer credit risk.
Bank of Montreal priced a preliminary offering of senior medium-term notes (equity-linked, auto-callable with contingent monthly coupons and a contingent downside principal-at-risk feature) linked to the lowest performing common stock of Intel, Micron and Starbucks. The original offering price is $1,000 per security, the issuer's estimated initial value is $965.40 per security (no less than $915.00 at pricing) and the minimum contingent coupon rate will be 38.00% per annum. Pricing date is May 15, 2026, issue date May 20, 2026 and stated maturity is May 18, 2029. Payments (monthly contingent coupons, automatic call and final maturity payment) depend solely on the lowest performing Underlier each calculation day; if the lowest Underlier’s ending value on the final calculation day is below 70% of its starting value, the maturity payment will be reduced pro rata (possible loss of more than 30% or all principal). The securities are unsecured obligations of Bank of Montreal and subject to its credit risk.
Bank of Montreal offers principal-protected-structured notes linked to the iShares® Expanded Tech-Software Sector ETF (IGV). Each note has a $1,000 principal amount and does not pay interest. If the final underlier level is ≥90.00% of the initial level, holders receive a threshold settlement amount (expected $1,155.00–$1,181.90 per $1,000). If below 90.00%, investors lose approximately 1.1111% of principal for every 1% the final level is below the threshold and may lose some or all principal. Notes are unsecured obligations of Bank of Montreal, not listed, and designed to be held to maturity; initial estimated value is expected to be $952.50–$982.50 per $1,000, which is below the original issue price.
Bank of Montreal is offering US$1,322,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes linked to the common stock of Palo Alto Networks, Inc. (PANW). The notes priced April 30, 2026, settle May 05, 2026 and mature May 05, 2028.
The notes pay contingent quarterly coupons of 2.9625% per quarter (approximately 11.85% per annum) if the Reference Asset closes on an Observation Date at or above the Coupon Barrier Level of $89.66 (50.00% of the Initial Level). The notes are automatically redeemed if the Reference Asset closes on an Observation Date at or above the Call Level (100% of the Initial Level). At maturity, if the Final Level is below the Trigger Level of $89.66, investors may receive a Physical Delivery Amount equal to $1,000 divided by the Initial Level in shares (or a cash amount), which can result in a loss of principal. The estimated initial value was $969.15 per $1,000. These are unsecured obligations of BMO and are not deposit insured; they involve significant risks.
Bank of Montreal offers Series K equity-linked, auto-callable notes due May 3, 2029. The pricing supplement sets an original offering price of $1,000 per security and an estimated initial value of $953.24 per security as of the pricing date. The securities pay a contingent coupon of 25.80% per annum monthly when the lowest-performing underlying stock meets its coupon threshold, are linked to the lowest performing of LULU, NOW and TSLA (starting values: $137.70, $88.31, $381.63 respectively as of April 30, 2026), and carry downside principal risk if the lowest-performing Underlier falls below 50% of its starting value. The issue date is May 5, 2026 and the stated maturity is May 3, 2029. Payments are unsecured obligations of Bank of Montreal and are subject to the issuer’s credit risk.
Bank of Montreal (BMO) priced a structured note offering: senior medium-term, equity-linked, market-linked securities linked to Boston Scientific Corporation (BSX) with a $1,000 face amount and an estimated initial value of $959.10 per security.
The securities pay a contingent monthly coupon at 8.37% per annum (with a memory feature), are auto-callable if BSX closes at or above the starting value on specified monthly calculation days between October 2026 and March 2028, and mature on May 3, 2028. If not called and the ending value is below the downside threshold (75% of the starting value = $43.2075), holders receive 23.14413 shares of BSX per security (or cash for fractional shares) and therefore bear downside equity risk; upside participation is limited to coupons only.
Bank of Montreal is offering Market Linked Senior Medium‑Term Notes due May 3, 2028, equity‑linked to the lowest performing of Lockheed Martin (LMT), Packaging Corp. of America (PKG) and Qualcomm (QCOM). Pricing date was April 30, 2026 and issue date May 5, 2026. The securities pay a contingent monthly coupon at a 9.35% per annum rate if the lowest performing underlier on a calculation day is at or above 50% of its starting value; the coupon has a "memory" feature for missed payments. The securities are auto‑callable if the lowest performing underlier on certain calculation days from July 2026 through March 2028 closes at or above its starting value. At maturity you receive $1,000 unless the lowest performing underlier finishes below its 50% downside threshold, in which case the maturity payment equals $1,000 × performance factor (full downside exposure). The issuer's estimated initial value was $935.19 per security and the original offering price was $1,000 per security. These are unsecured obligations of Bank of Montreal and subject to its credit risk.
Bank of Montreal (BMO) priced US$1,611,000 Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due November 05, 2027. The notes pay a contingent coupon of 0.875% per month (approximately 10.50% per annum) if each reference index on an Observation Date is at or above its coupon barrier. The notes are linked to the S&P 500® (SPX) and the Russell 2000® (RTY), use a 70.00% trigger/barrier (SPX 5,046.31; RTY 1,959.934), and return at maturity either full principal or $1,000 × Percentage Change of the least performing index if a Trigger Event occurs. Pricing Date was April 30, 2026, settlement on May 05, 2026, valuation date November 02, 2027, and maturity November 05, 2027. The estimated initial value on the Pricing Date was $995.74 per $1,000. These are unsecured obligations of BMO; investors should review the detailed risk sections referenced in the supplement.
Bank of Montreal priced US$3,756,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due April 05, 2028, linked to the least performing of the S&P 500®, Russell 2000® and the Nasdaq-100 Technology Sector Index. Pricing Date was April 30, 2026 with Settlement on May 05, 2026 and Valuation Date on March 31, 2028. Notes pay a Contingent Coupon of 1.0667% per month (approximately 12.80% per annum) only if each reference asset on an Observation Date is at or above its Coupon Barrier Level (70% of initial level). The issuer may call the notes beginning November 02, 2026. At maturity investors receive principal unless a Trigger Event occurred, in which case payment equals $1,000 + $1,000 × Percentage Change of the Least Performing Reference Asset, which could be less than principal or zero. The estimated initial value was $991.85 per $1,000.
Bank of Montreal is offering US$4,534,000 of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due April 05, 2028, linked to the least performing of the Russell 2000®, the Dow Jones Industrial Average® and the Nasdaq‑100 Technology Sector Index. The notes pay a contingent coupon of 0.775% per month (approximately 9.30% per annum) if on each Observation Date all reference assets are at or above their Coupon Barrier Levels (each set at 60.00% of the Initial Level). The notes are autocallable beginning on November 02, 2026 if all reference assets are at or above their Call Level (100% of Initial Level). If not redeemed, at maturity investors receive $1,000 per $1,000 principal unless a Trigger Event occurs (any Reference Asset final level below its Trigger Level of 60.00% of Initial Level), in which case the maturity payment equals $1,000 plus the Percentage Change of the least performing Reference Asset, which may be less than principal, possibly zero. Price to public is 100% and the estimated initial value on the Pricing Date was $983.98 per $1,000.
Bank of Montreal (BMO) priced US$4,039,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due May 06, 2030, linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq-100 Technology Sector Index. The notes pay monthly contingent coupons of 0.775% (approximately 9.30% per annum) when each reference asset is at or above its 60.00% Coupon Barrier on observation dates. Beginning May 03, 2027, the notes may auto-redeem if each reference asset is at or above its Call Level (100% of initial level) on an Observation Date. At maturity (if not auto-redeemed), holders receive $1,000 per $1,000 unless a Trigger Event occurs; if a Trigger Event occurs the payment equals $1,000 plus the percentage change of the least performing reference asset, which may be less than principal and could be zero.
Bank of Montreal (BMO) priced US$1,982,000 of Senior Medium-Term Notes, Series K — autocallable barrier notes linked to the VanEck Semiconductor ETF (SMH) and the Dow Jones Industrial Average (INDU).
The notes pay a contingent coupon of 1.1708% per month (approximately 14.05% per annum) when each reference asset on an Observation Date is at or above its coupon barrier. The notes may autocall beginning on April 30, 2027 if each reference asset is at or above its call level. If the notes are not called, maturity payment on May 05, 2028 depends on the least performing reference asset; a Trigger Event occurs if any final level is below its Trigger Level, in which case repayment equals $1,000 × (Final/Initial) for the least performing asset.
Bank of Montreal priced a structured note issuance: US$271,000 aggregate principal of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Step Up Call Amount due May 06, 2030, linked to the S&P 500®, Russell 2000® and Nasdaq-100 Technology Sector indices. The notes pay periodic automatic-call opportunities beginning May 06, 2027, with Call Amounts shown per observation date and a final payoff at maturity tied to the performance of the least performing reference asset. Pricing Date was April 30, 2026, settlement on May 05, 2026, and Valuation Date on May 01, 2030. The estimated initial value on the Pricing Date was $984.26 per $1,000 principal amount. The public offering price was 100% of principal, with an approximately 0.3662% agent commission and proceeds to Bank of Montreal of $270,007.50.
Bank of Montreal (BMO) priced a US$500,000 offering of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Contingent Coupons due May 07, 2029. The notes link to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000® and pay a contingent coupon of 0.6875% per month (approximately 8.25% per annum) when each reference asset is at or above its coupon barrier on observation dates. The notes are automatically redeemable beginning on Nov 04, 2026 if all reference assets close above their call levels on an Observation Date. At maturity, if a Trigger Event occurs (any reference asset below its 75.00% Trigger Level on the Valuation Date), the cash payment is reduced proportionally to the percentage change of the least performing reference asset. The pricing supplement states an estimated initial value of $958.99 per $1,000 on the Pricing Date and discloses distribution fees, conflicts of interest, jurisdictional offering restrictions and tax characterization guidance.
Bank of Montreal priced US$240,000 of Senior Medium-Term Autocallable Barrier Notes, Series K, linked to the least performing of the S&P 500, Russell 2000 and the Dow Jones Industrial Average. The notes pay a contingent coupon of 0.8125% per month if each reference asset on an Observation Date is at or above its 75.00% Coupon Barrier Level. The notes mature on May 07, 2029 and may be automatically redeemed beginning May 04, 2027 if each reference asset is at or above its Call Level (100% of initial). Estimated initial value was $974.76 per $1,000 on the Pricing Date.
Bank of Montreal (BMO) priced Senior Medium-Term Notes, Series K — equity-linked, market‑linked securities due May 3, 2027. The securities have a $1,000 face amount, an initial estimated value of $954.08 per security and an original offering price of $1,000 per security.
The notes pay a contingent coupon of 6.21% per annum monthly if the lowest performing Underlier meets its 50% coupon threshold on each calculation day (monthly 28th, May 2026–Apr 28, 2027; final calc. day April 28, 2027). They are auto‑callable July 2026–March 2027 if the lowest performing Underlier closes at or above its starting value. At maturity you may receive the face amount or a reduced payment equal to the lowest performing Underlier’s performance factor × $1,000; downside threshold = 50% of starting value.
Bank of Montreal is issuing US$1,545,000 of Senior Medium-Term Market Linked Notes, Series K due May 05, 2028, linked to the least performing of the S&P 500® and the Russell 2000® Index. The notes pay no periodic interest and return at maturity either the principal or an upside participation subject to a Maximum Redemption Amount of $1,150.00 per $1,000 principal (a 15.00% capped return). If the Least Performing Reference Asset finishes below or equal to its Initial Level, investors receive only principal. The Upside Leverage Factor is 100.00%. The public offering price was 100% (aggregate $1,545,000) and the issuer’s estimated initial value was $980.07 per $1,000 principal on the Pricing Date. All payments are subject to the credit risk of Bank of Montreal and the notes will not be exchange-listed.
Bank of Montreal (BMO) priced a US$789,000 offering of Senior Medium-Term Notes, Series K — Market Linked Notes due May 07, 2029 — linked to the least performing of iShares MSCI EAFE ETF (EFA) and the EURO STOXX 50® Index (SX5E). The notes pay no interest and provide 100.00% Upside Leverage on the Least Performing Reference Asset up to a Maximum Redemption Amount of $1,385.00 per $1,000 principal. If the Least Performing Reference Asset declines, investors receive only the principal. The public offering price was 100% and the issuer’s estimated initial value was $967.58 per $1,000. All payments are subject to BMO credit risk and customary market‑disruption and adjustment provisions.
Bank of Montreal (BMO) priced US$1,342,000 of Senior Medium-Term Notes, Series K — Digital Return Barrier Notes due August 05, 2027. The notes pay a 12.25% digital return if the Least Performing Reference Asset (the lower of the S&P 500® and Russell 2000®) finishes at or above 75.00% of its April 30, 2026 Initial Level. If the Least Performing Reference Asset falls below that barrier, investors suffer a 1:1 principal loss (1% lost for each 1% decline), potentially losing up to 100% of principal. The notes are unsecured obligations of Bank of Montreal, issued in minimum denominations of $1,000, not listed, and subject to BMO credit risk. The initial estimated value was $979.96 per $1,000 principal and the offering price was $1,000 per $1,000.
Bank of Montreal priced US$673,000 of Senior Medium-Term Notes, Series K, Autocallable Barrier Enhanced Return Notes due May 07, 2029, linked to the least performing of DJIA, Russell 2000 and S&P 500. The notes provide 200.00% upside leverage on the least performing index if not auto‑redeemed and feature a 70.00% barrier. Beginning on May 06, 2027, the notes will auto‑redeem on any Observation Date if each index closes above its initial level; Call Amounts are $130 and $260 per $1,000 on specified observation rounds. If not redeemed and the Least Performing Reference Asset falls below the barrier, investors lose 1% of principal per 1% decline, potentially losing up to 100% of principal. All payments are subject to Bank of Montreal credit risk.
Bank of Montreal is offering US$39,000 of Senior Medium-Term Notes, Series K — market-linked notes due May 07, 2029 linked to the least performing of the NASDAQ-100 Index (NDX) and the VanEck® Semiconductor ETF (SMH). The notes pay no interest, are unsecured, and will not be listed.
Holders receive 1-to-1 upside exposure to the Least Performing Reference Asset up to a Maximum Redemption Amount of $1,260.00 per $1,000 (a 26.00% cap). If the Least Performing Reference Asset finishes below its initial level, holders receive only principal. All payments are subject to Bank of Montreal credit risk.
Bank of Montreal (BMO) priced US$1,681,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Enhanced Return Notes linked to the S&P 500® Index with a May 07, 2029 maturity. The notes pay no interest and offer 125.00% upside leverage on positive index performance if not auto‑redeemed.
The notes can be automatically redeemed on May 06, 2027 if the S&P 500 closing level is at or above its Call Level, triggering a Call Amount that represents approximately 10.00% per annum return. If not called and the index finishes below a 70.00% Barrier Level, holders suffer full downside exposure (lose 1% of principal per 1% index decline). Payments are unsecured and subject to BMO credit risk.
Bank of Montreal priced US$2,418,000 of Senior Medium-Term Notes, Series K — Digital Return Barrier Notes due May 05, 2031. The notes pay a fixed Digital Return of 68.00% if the S&P 500® Futures Excess Return Index rises up to that level, or a one-to-one upside above it. If the Reference Asset falls below a Barrier Level of 70.00% (406.96) of the Initial Level, investors lose 1% of principal for each 1% decline; losses may reach 100% of principal. Key dates: Pricing Date April 30, 2026; Settlement May 05, 2026; Valuation Date April 30, 2031; Maturity May 05, 2031. Notes are unsecured obligations of Bank of Montreal, issued in $1,000 denominations, not exchange-listed, and subject to the issuer’s credit risk. BMOCM is selling agent and calculation agent. The initial estimated value was $983.33 per $1,000; public price was 100% ($2,418,000).
Bank of Montreal (BMO) is pricing US$3,661,000 of Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes due November 05, 2027 — linked to the S&P 500® Index. The notes provide 150.00% upside exposure subject to a $1,130.00 Maximum Redemption Amount per $1,000 principal (a 13.00% cap). Investors receive full principal at maturity only if the index does not decline by more than 20.00% (the Buffer Level). If the Final Level is below the Buffer Level, holders lose 1% of principal for each 1% decline beyond 20.00%, up to an 80.00% loss. The notes are unsecured obligations of BMO, non‑interest bearing, not exchange‑listed, and subject to BMO credit risk.
Bank of Montreal priced US$310,000 of Senior Medium-Term Notes, Series K, autocallable barrier notes linked to Fair Isaac Corporation (FICO). The notes price on April 30, 2026, settle May 05, 2026 and mature May 07, 2029. They pay a contingent coupon of 4.375% per quarter (approximately 17.50% per annum) when the Reference Asset closes at or above the $512.50 coupon barrier on observation dates. The notes are automatically redeemed if the Reference Asset closes at or above the Call Level (100% of the Initial Level) on an Observation Date. At maturity, if not called and if the Final Level is below the Trigger Level ($512.50, 50.00% of Initial Level), holders receive $1,000 + ($1,000 x Percentage Change), which can be less than principal and potentially zero. The estimated initial value was $947.68 per $1,000. Terms are subject to calculation-agent determinations, anti-dilution adjustments and the risk disclosures in the product and prospectus supplements.
Bank of Montreal (BMO) is offering US$2,458,000 of Senior Medium‑Term Notes, Series K — Capped Contingent Risk Absolute Return Buffer Notes linked to the S&P 500® Index. The notes mature on May 07, 2029, pay no interest and are unsecured obligations of the Bank.
Per $1,000 principal: upside participation is 1:1 up to a Maximum Redemption Amount of $1,350.00 (a 35.00% cap). If the index falls but remains at or above the Buffer Level (80.00% of the Initial Level), investors receive a positive buffered payout up to a Maximum Downside Redemption Amount of $1,200.00. If the index falls below the Buffer Level, losses occur 1% for each 1% decline beyond the 20.00% buffer, with potential principal loss up to 80.00%. All payments are subject to BMO credit risk.
Bank of Montreal (BMO) priced equity index‑linked senior medium‑term notes with a stated maturity of May 3, 2030. The securities link to an unequally weighted Basket (75% S&P 500®; 25% MSCI EAFE®), carry a 100% upside participation rate subject to a maximum return of 44.80%, and provide a 25% buffered downside (threshold value 75). The original offering price is $1,000 per security, the issuer’s estimated initial value was $955.50 per security on the pricing date, and the offering aggregate shown is $5,034,000.00. Investors face issuer credit risk, no periodic interest, potential postponement of the calculation day, uncertain U.S. tax treatment, and limited secondary‑market liquidity.
Bank of Montreal priced US$969,000 of Senior Medium-Term Notes, Series K: Capped Buffer Enhanced Return Notes due May 07, 2029, linked to the least performing of the S&P 500® and the NASDAQ-100®. The notes offer 200.00% upside leverage capped at a Maximum Redemption Amount of $1,370.00 per $1,000 (37.00% return). A 15.00% buffer protects against losses up to that decline; declines beyond the buffer reduce principal dollar-for-dollar, with up to an 85.00% principal loss possible. Payments depend on the Least Performing Reference Asset and are subject to Bank of Montreal credit risk and other terms in the product supplement.
Bank of Montreal (BMO) priced US$260,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Charter Communications Class A common stock (CHTR). The notes priced on April 30, 2026, settle May 5, 2026, and mature May 7, 2029, with quarterly contingent coupons of 4.00% (approximately 16.00% per annum) payable if the Reference Asset closes at or above the Coupon Barrier on each Observation Date. The notes are autocallable beginning August 4, 2026 if the Reference Asset closes at or above the Call Level on an Observation Date; automatic redemption pays principal plus the contingent coupon. At maturity, if not called, investors receive $1,000 unless a Trigger Event occurs (Final Level below the Trigger Level of $99.10, equal to 60.00% of the Initial Level), in which case the cash payoff equals $1,000 + ($1,000 x Percentage Change) and may be less than principal. The dealer commission was 2.00%, the public offering price was 100% (with certain fee-based accounts paying between $980 and $1,000 per $1,000), and the estimated initial value was $940.38 per $1,000.
Bank of Montreal offers US$630,000 Senior Medium-Term Notes, Series K, Autocallable Barrier Notes linked to the Class A common stock of Workday, Inc. (WDAY). The notes pay contingent quarterly coupons of 4.7875% per quarter (approximately 19.15% per annum) if the Reference Asset meets coupon barrier tests and may auto‑redeem beginning on August 04, 2026. The notes mature on May 07, 2029; holders receive cash at maturity and have no right to physical delivery of WDAY shares. The Initial Level is $122.40, the Coupon Barrier and Trigger Level are $61.20 (50.00% of Initial Level), and the estimated initial value was $958.49 per $1,000 on the Pricing Date.
Bank of Montreal (BMO) priced US$458,000 Senior Medium-Term Notes, Series K: autocallable barrier notes linked to the common stock of Best Buy Co., Inc. (BBY). The notes pay a contingent coupon of 4.0375% per quarter (approximately 16.15% per annum) if the Reference Asset meets the Coupon Barrier on Observation Dates. The Initial Level is $60.49, the Coupon/Trigger Level is $36.29 (60.00% of Initial Level), and the notes mature on May 07, 2029. If not autocalled, principal at maturity depends on the Final Level relative to the Trigger Level; a Trigger Event (Final Level below $36.29) reduces the maturity payment by the Percentage Change in the Reference Asset. The estimated initial value was $957.31 per $1,000.
Bank of Montreal priced a US$310,000 issue of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Skyworks Solutions, Inc. (SWKS) stock. The notes pay a contingent quarterly coupon of 4.70% (about 18.80% per annum) if the Reference Asset closes at or above the coupon barrier on Observation Dates and are callable if the Reference Asset closes at or above the Call Level on an Observation Date.
Key dates: Pricing Date April 30, 2026; Settlement Date May 05, 2026; Valuation Date May 02, 2029; Maturity Date May 07, 2029. The notes pay cash at maturity and have an estimated initial value of $954.80 per $1,000 on the Pricing Date.
Bank of Montreal priced US$1,100,000 series of Senior Medium-Term Notes (Series K) — Step Down Autocallable Barrier Notes due May 05, 2031 linked to the S&P 500®, EURO STOXX 50® and Russell 2000®. Pricing Date was April 30, 2026 with Settlement on May 05, 2026. The notes pay scheduled automatic-call amounts beginning April 30, 2027 (first call payment $110.00 per $1,000) and provide principal at maturity unless a Trigger Event occurs for the Least Performing Reference Asset (Trigger Level = 60.00% of Initial Level). The estimated initial value was $977.01 per $1,000 on the Pricing Date. The notes are unsecured obligations of the Bank and involve complex risks described in the referenced prospectus and product supplement.
Bank of Montreal offers US$4,675,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the least performing of the S&P 500®, EURO STOXX 50® and Russell 2000®. Pricing Date was April 30, 2026, Settlement Date May 05, 2026, Maturity Date May 07, 2029. The notes pay a Contingent Coupon of 2.6875% per quarter (approximately 10.75% per annum) when each reference asset is at or above its Coupon Barrier on an Observation Date. The notes are automatically redeemed if, on any Observation Date beginning November 04, 2026, each reference asset is at or above its Call Level (100% of Initial Level). At maturity, if not autocalled, holders receive $1,000 plus the Percentage Change of the Least Performing Reference Asset; if that asset is below its Trigger Level (75% of Initial Level), principal may be reduced, potentially to zero. The estimated initial value on the Pricing Date was $967.53 per $1,000 principal. Price to public was 100%, agent commission 2.00%, proceeds to Bank of Montreal $4,581,500.
Bank of Montreal priced US$2,738,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the least performing of the S&P 500®, NASDAQ-100®, and Russell 2000®. The Pricing Date is April 30, 2026, with settlement on May 05, 2026 and maturity on May 05, 2031. The notes pay a 0.6792% monthly Contingent Coupon (approximately 8.15% per annum) when each reference asset is at or above its Coupon Barrier (75% of initial). They are automatically redeemed if, on any Call Observation Date, each reference asset is at or above its Call Level (100% of initial). At maturity, if no automatic redemption occurs and any reference asset is below its Trigger Level (70% of initial), the holder receives $1,000 plus $1,000 times the Percentage Change of the least performing index, which may be less than principal. The estimated initial value on the Pricing Date was $946.51 per $1,000 principal. Offering price was 100% of principal; agent commission shown as 3.625% and proceeds to issuer 96.375%.
Bank of Montreal priced US$1,815,000 of Senior Medium-Term Notes, Series K Barrier Notes due June 07, 2027. The notes pay a monthly Coupon of 0.84% (approximately 10.08% per annum) and are linked to the least performing of the Russell 2000® (RTY) and the S&P 500® (SPX). A Trigger Event occurs if either index closes below its Trigger Level (75.00% of its Initial Level) on any trading day during the Monitoring Period; if a Trigger Event occurs and the Least Performing Reference Asset finishes below its Initial Level, principal repayment at maturity will be reduced by the Percentage Change of that asset. Pricing Date was April 30, 2026, Settlement Date May 05, 2026, Valuation Date June 02, 2027, and Maturity Date June 07, 2027. The estimated initial value on the Pricing Date was $987.61 per $1,000 principal.