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 (BMO) is pricing US$1,149,000 of Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes linked to the S&P 500® Index maturing on January 06, 2028. The notes offer 200.00% Upside Leverage on any appreciation of the Index subject to a Maximum Redemption Amount of $1,135.50 per $1,000 (a 13.55% capped return). Investors receive principal at maturity if the Index decline is no greater than the Buffer Percentage of 10.00%; if the Index falls below the Buffer Level (90.00% of the Initial Level) investors incur losses equal to 1% of principal for each 1% decline beyond the buffer, with potential loss up to 90.00%.
The Pricing Date was June 30, 2026, settlement is July 06, 2026, and the Valuation Date is January 03, 2028. The notes pay no interest, are unsecured obligations of the Bank, are not exchange-listed, and are subject to Bank of Montreal credit risk. The issuer’s estimated initial value was $971.55 per $1,000 on the Pricing Date; the public offering price reflects underwriting, distribution and hedging costs.
Bank of Montreal is offering US$650,000 in Senior Medium-Term Notes, Series K Capped Buffer Notes linked to the common stock of Constellation Energy Corporation (CEG). The notes mature on July 06, 2029, pay no interest and provide 1-for-1 upside participation subject to a Maximum Redemption Amount of $2,070.00 per $1,000 principal (a 107.00% return). The notes include a 30.00% buffer: if CEG declines by more than 30.00% from an Initial Level of $248.37, investors lose 1% of principal for each 1% decline beyond that, up to a 70.00% principal loss. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk. The offering price was 100% of principal and the estimated initial value was $955.35 per $1,000 principal.
Bank of Montreal priced $1,400,000 of Senior Medium‑Term Notes, Series K: Digital Return Barrier Notes due October 06, 2027 linked to the least performing of the S&P 500® and Russell 2000® indices. The notes pay a 13.61% digital return if the least performing index is at or above 75.00% of its level on the Pricing Date. If that index falls below the 75.00% barrier, investors lose 1% of principal for each 1% decline, potentially losing up to 100% of principal at maturity. The public offering price equals par; estimated initial value was $994.58 per $1,000 principal. Payments are unsecured obligations of Bank of Montreal and depend on the bank’s creditworthiness.
Bank of Montreal priced a US$8,411,000 issuance of Senior Medium-Term Notes, Series K — Contingent Risk Absolute Return Buffer Notes with Digital Upside due July 06, 2028, per the Pricing Supplement dated June 30, 2026.
The notes pay no interest and offer a 14.70% Digital Return if the Final Level of the Least Performing Reference Asset (the lower of the S&P 500® and NASDAQ-100®) is greater than or equal to its Initial Level. A 40.00% Buffer (Buffer Level = 60.00% of the Initial Level) limits losses up to a Maximum Downside Redemption Amount of $1,400.00 per $1,000 principal; declines beyond the Buffer result in proportional principal losses up to 60.00%. Settlement is July 06, 2026. All payments are subject to the credit risk of Bank of Montreal.
Bank of Montreal priced US$2,823,000 Senior Medium-Term Notes, Series K, Autocallable Barrier Notes linked to the common stock of Delta Air Lines, Inc. The notes price to public at 100% with an estimated initial value of $972.26 per $1,000. The notes pay a contingent quarterly coupon of 2.875% (approximately 11.50% per annum) if the Reference Asset closes at or above the Coupon Barrier Level of $46.83 on Observation Dates. The notes are callable beginning on October 01, 2026 if the Reference Asset closes at or above the Call Level, and mature on July 06, 2028. At maturity, if the Final Level is below the Trigger Level of $46.83, holders may receive a Physical Delivery Amount or Cash Delivery Amount tied to the Reference Asset; otherwise they receive principal plus any final contingent coupon. Pricing, settlement and valuation dates are set on the cover page.
Bank of Montreal priced a US$1,550,000 issuance of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes linked to the common stock of Eli Lilly and Company (LLY). The Pricing Date is June 30, 2026, Settlement Date July 06, 2026, and Maturity Date July 06, 2028. The notes pay contingent quarterly coupons of 2.625% per quarter (approximately 10.50% per annum) if the Reference Asset meets the Coupon Barrier on Observation Dates and carry an automatic redemption feature if the Reference Asset is at or above the Call Level on an Observation Date. The offering price was 100% of principal and the document states an estimated initial value of $972.88 per $1,000 principal amount on the Pricing Date.
Bank of Montreal is offering US$1,950,000 aggregate principal of Senior Medium-Term Notes, Series K — autocallable barrier notes with memory coupons linked to the common stock of Uber Technologies, Inc. The notes price on June 30, 2026, settle July 06, 2026, and mature August 06, 2027.
The notes pay a contingent coupon of 0.86% per month (approximately 10.32% per annum) when the Reference Asset closes at or above a coupon barrier of $44.02 (61.00% of the Initial Level). The notes are subject to an automatic redemption feature and a downside trigger at the same $44.02 level; estimated initial value was $969.46 per $1,000 on the pricing date.
Bank of Montreal priced Market Linked Senior Notes (Series K) — U.S.-dollar, auto-callable notes linked to the lowest performing of the Nasdaq-100 Technology Sector Index (NDXT), Russell 2000 Index (RTY) and S&P 500 Index (SPX). The pricing date was June 30, 2026, issue date July 6, 2026, and stated maturity July 6, 2029. The original offering price is $1,000 per security and the initial estimated value at pricing was $966.44 per security.
The notes pay quarterly contingent coupon payments only if the lowest performing Underlier on each calculation day is at or above its coupon threshold (75% of starting value); the contingent coupon rate is 12.01% per annum. The notes are auto-callable if the lowest performing Underlier on certain calculation days is at or above its starting value, in which case holders receive face amount plus a final contingent coupon. At maturity, if not called, repayment equals $1,000 unless the lowest performing Underlier ends below its downside threshold (75% of starting value), in which case principal is reduced pro rata to that Underlier’s performance factor.
Bank of Montreal priced a tranche of Market Linked Securities, Series K, with an original offering price of $1,000 per security (pricing date June 30, 2026; issue date July 6, 2026). These are unsecured, auto-callable notes linked to the lowest performing common stock of Broadcom (AVGO), Intuitive Surgical (ISRG) and Meta (META), carrying a contingent monthly coupon at a 21.20% per annum rate with a 20% buffer against downside at maturity. If not automatically called, maturity repayment depends on the lowest performing Underlier: investors retain 1:1 downside exposure beyond the 80% downside threshold of starting values. The offering includes an agent discount of $23.25 per security and proceeds to the issuer of $976.75 per security.
Bank of Montreal is offering Market Linked Securities—auto-callable, buffered downside, senior medium-term notes linked to the lowest performing of the iShares Expanded Tech-Software ETF (IGV) and the Vanguard Health Care ETF (VHT), with a stated maturity of July 6, 2029. The face amount is $1,000 per security and the original offering price was $1,000 per security; the document lists a total of $975,000 in this tranche. The notes include a 15% buffer (threshold = 85% of starting value) and an automatic call schedule with increasing call premiums (first call premium 15.350%, final call premium 46.050%). If not called, maturity payment depends on the ending value of the lowest performing Underlier and can result in a loss of up to 85% of face amount.
Bank of Montreal priced and offered Market Linked Securities — Auto-Callable with a Contingent Coupon and Contingent Downside Principal at Risk, linked to the lowest performing of Amazon.com, Inc., International Business Machines Corporation and Palantir Technologies Inc.. The offering sold 9,378 securities at an original offering price of $1,000 per security (aggregate $9,378,000), with an estimated initial value of $959.00 per security and an agent discount of $23.25 per security.
The notes pay a monthly contingent coupon at a 20.40% per annum rate if the lowest performing Underlier on a calculation day is at or above its 50% coupon threshold; they are auto-callable if the lowest performing Underlier on certain calculation days is at or above its starting value. At maturity (stated maturity July 3, 2029), if not called, holders receive either the face amount or a reduced principal equal to the lowest performing Underlier’s performance factor times $1,000; the securities are unsecured obligations of Bank of Montreal and carry issuer credit and complex-product risks.
Bank of Montreal is offering market-linked, auto-callable senior medium‑term notes (face amount $1,000 each) linked to the lowest performing of AMZN, GOOGL and META. The pricing date is July 20, 2026, issue date July 23, 2026 and stated maturity is July 25, 2029. The issuer’s initial estimated value was $971.00 per security (not less than $920.00 at pricing).
The notes pay quarterly contingent coupons (the contingent coupon rate will be at least 19.50% per annum) only if the lowest performing Underlier on a calculation day is at or above its coupon threshold (70% of starting value). The notes may be automatically called early if the lowest performing Underlier closes at or above its starting value on a calculation day. If not called, principal at maturity depends on the lowest performing Underlier’s ending value and may be reduced pro rata below the $1,000 face amount.
Bank of Montreal priced US$1,000,000 Senior Medium-Term Notes, Series K: Step Down Autocallable Barrier Notes linked to the least performing of the common stock of Gilead Sciences, Inc. (GILD) and the Class A common stock of Palantir Technologies Inc. (PLTR). The Pricing Date is June 29, 2026, Settlement Date July 02, 2026, Valuation Date June 27, 2029 and Maturity Date July 02, 2029.
The notes may be automatically redeemed on specified Observation Dates beginning June 29, 2027 if each Reference Asset is at or above its Call Level; Call Amounts are listed per Observation Date. A Trigger Event occurs if any Reference Asset’s Final Level is below its Trigger Level (50.00% of its Initial Level). The estimated initial value on the Pricing Date was $974.73 per $1,000. The public offering price is 100% with an Agent’s Commission of 0.85% (proceeds to BMO shown as 99.15% / $991,500).
Bank of Montreal priced US$874,000 aggregate Senior Medium-Term Notes, Series K — autocallable barrier notes with contingent monthly coupons due July 02, 2029, linked to the S&P 500®, Russell 2000® and the Nasdaq-100 Technology Sector Index. Coupons of 1.075% per month (≈12.90% per annum) are payable on an observation test versus 70.00% coupon/trigger barriers. The notes auto‑redeem if, on an Observation Date, each reference asset closes at or above its Call Level (100% of initial). If not auto‑redeemed, final cash at maturity equals $1,000 adjusted by the Percentage Change of the least performing reference asset; if that asset is below its Trigger Level (70.00% of initial), principal may be lost. The pricing date was June 29, 2026, settlement July 02, 2026, valuation date June 27, 2029
Bank of Montreal is offering $2,415,000 principal amount of Senior Medium-Term Notes, Series K — Digital Return Barrier Notes due August 02, 2027. The notes pay a 10.25% digital return at maturity if the least performing reference asset is at or above 70.00% of its June 29, 2026 level; otherwise payments decline 1% for each 1% drop below that barrier, potentially resulting in a total loss of principal.
The notes are unsecured, cash‑settled, non‑interest bearing, not listed, subject to Bank of Montreal credit risk, issued in minimum $1,000 denominations, and have an estimated initial value of $986.05 per $1,000 on the Pricing Date. Pricing, distribution and hedging details are set out in the supplement.
Bank of Montreal is offering US$1,965,000 in Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to Robinhood Markets, Inc. Class A common stock (ticker: HOOD). The notes price at 100% ($1,000 per $1,000) on the Pricing Date June 29, 2026, settle on July 02, 2026 and mature on July 02, 2029. The structure pays contingent monthly coupons of 1.75% per month (approximately 21.00% per annum) when the Reference Asset meets a coupon barrier of $61.10 (60.00% of the Initial Level). The notes are autocallable on specified observation dates if the Reference Asset is at or above the Call Level (100% of the Initial Level) and return principal at maturity unless a Trigger Event occurs (Final Level below the Trigger Level of $50.92, 50.00% of the Initial Level), in which case investors receive a physical share delivery amount or cash tied to the Final Level. The estimated initial value on the Pricing Date was $950.31 per $1,000. The notes are unsecured obligations of the Bank and are not FDIC‑insured.
Bank of Montreal is offering non‑interest bearing, principal‑at‑risk notes linked to the S&P 500® Index. Each note has a $1,000 principal amount and a payoff set on a determination date expected ~15–17 months after the trade date. If the final index level is ≥ 80.00% of the initial level, holders receive a threshold settlement amount (expected to be between $1,092.20 and $1,108.20 per note). If the final level is below that threshold, investors suffer a proportional loss of principal (lose 1% for each 1% the index declines below its initial level). The notes will not be listed, are unsecured obligations of Bank of Montreal, are not government‑insured, and have an estimated initial value lower than the original issue price. The estimated initial value is expected to be within $958.00 to $988.00 per $1,000 note. Payment, tax treatment, secondary‑market liquidity, and certain timing features are subject to the terms described herein.
Bank of Montreal (BMO) priced a US$1,582,000 issue of Senior Medium-Term Notes, Series K: Autocallable Contingent Risk Absolute Return Barrier Notes due July 02, 2029, linked to the least performing of the NASDAQ-100 and the Dow Jones Industrial Average. The notes carry no interest and may be automatically redeemed on June 29, 2027 if each Reference Asset closes above its 95.00% Call Level; automatic redemption pays principal plus a Call Amount of $166.00 per $1,000 (about 16.60% per annum).
If not called, payment at maturity depends on the Least Performing Reference Asset: positive upside participation is 1:1 (100.00% Upside Leverage Factor); if the Least Performing Reference Asset declines but stays at or above the Barrier Level (75.00% of Initial Level) you can receive a capped positive return up to a Maximum Downside Redemption Amount of $1,250.00 per $1,000. If a Barrier Event occurs (Final Level below the Barrier Level) investors lose 1% of principal for each 1% decline in the Least Performing Reference Asset and may lose up to 100% of principal. All payments are subject to BMO credit risk.
Bank of Montreal is offering $600,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Talon Energy Corporation common stock (ticker TLN). The notes pay a monthly coupon of 1.3542% per month (~16.25% per annum), begin paying August 3, 2026, and mature on July 03, 2028. The notes are automatically redeemable beginning on June 30, 2027 if the reference stock closes at or above the Call Level of $416.80 (100% of the Initial Level) on a Call Observation Date. If not called, repayment at maturity depends on the Final Level relative to a Trigger Level of $208.40 (50.00% of the Initial Level), exposing investors to potential principal loss. The estimated initial value on the Pricing Date was $981.03 per $1,000 principal, and the public offering price was 100% (agents’ commission 0.60%).
Bank of Montreal priced a US$900,000 issuance of Senior Medium-Term Notes (Series K), Autocallable Barrier Notes with Memory Coupons linked to the S&P 500®, NASDAQ-100® and Russell 2000®, maturing July 02, 2030. The notes pay a Contingent Interest Rate of 0.7875% per month (approximately 9.45% per annum) when each reference asset closes at or above its Coupon Barrier on an Observation Date, with a Memory Coupon Feature that allows unpaid coupons to be paid later if conditions are met. The notes are autocallable beginning on December 29, 2026 if each reference asset equals or exceeds its Call Level; on automatic redemption holders receive principal plus any due Contingent Coupons. At maturity, if not called, holders receive $1,000 per $1,000 principal unless a Trigger Event occurs, in which case the payment equals $1,000 plus the Percentage Change of the least performing reference asset and may be less than principal. The pricing date was June 29, 2026 and the estimated initial value on that date was $986.60 per $1,000 in principal.
Bank of Montreal priced US$1,000,000 Senior Medium-Term Notes, Series K: autocallable barrier notes with memory coupons linked to the least performing of Gilead Sciences, Inc. (GILD) and Palantir Technologies Inc. Class A (PLTR). The notes settle on July 02, 2026 and mature on July 02, 2029. Each $1,000 note pays a contingent coupon of $17.875 per month if both reference assets close at or above their coupon barrier levels (60% of initial levels). The contingent interest rate is 1.7875% per month (approximately 21.45% per annum). Automatic redemption occurs if, on a call observation date, both reference assets close at or above their call levels (100% of initial levels). At maturity, if a trigger event (final level below the 50% trigger level for either reference asset) occurs, the cash payment is $1,000 plus the percentage change of the least performing reference asset multiplied by $1,000; that payment can be less than principal, possibly zero. The pricing supplement states an estimated initial value of $995.00 per $1,000 and a public offering price at or near par with an agent commission of 0.85%.
Bank of Montreal priced US$681,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000. Pricing Date was June 29, 2026, Settlement Date July 02, 2026 and Maturity Date July 02, 2029. The notes pay a contingent coupon of 0.9042% per month (approximately 10.85% per annum) when each reference asset closed at or above its 70% coupon barrier on an observation date; they may autocall beginning on June 29, 2027 if all reference assets are at or above their call levels. At maturity, if not called and any reference asset is below its 70% trigger level, the investor receives $1,000 adjusted by the percentage change of the least performing reference asset (which can result in principal loss). The pricing supplement reports an estimated initial value of $984.62 per $1,000 principal and a public offering price of 100% (agents’ commission 0.25%).
Bank of Montreal is offering Senior Medium-Term Notes, Series K — redeemable fixed-rate notes with a 5.10% per annum coupon and a stated maturity of July 17, 2031. Each Note has a principal amount of $1,000 per Note and an issue date of July 17, 2026.
The Notes are redeemable by the issuer in whole (but not in part) on optional semi-annual redemption dates at 100% of principal plus accrued interest and are bail-inable under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act, permitting conversion into common shares of Bank of Montreal (or affiliates) under that statutory regime. Original issue price per Note is $1,000; underwriting discount is $15 and proceeds to the issuer are $985 per Note.
Bank of Montreal priced Market Linked Securities—Equity Index Linked Securities (Series K) linked to the Nasdaq-100 Index with a stated maturity date of July 5, 2028. The securities have a $1,000 face amount per security and an original offering price of $1,000 per security.
The notes provide 200% upside participation capped at a 25.00% maximum return (maximum maturity payment of $1,250.00 per security) and a 10% buffer on the downside; if the ending value is below 90% of the starting value, investors have 1-to-1 exposure to declines beyond the buffer and may lose up to 90% of face amount. The pricing date was June 29, 2026, issue date July 2, 2026, and calculation day is scheduled for June 29, 2028.
Bank of Montreal prices a structured note offering of Market Linked Securities—leveraged upside participation to a cap with a 10% buffered downside, linked to the Russell 2000®, maturing July 5, 2028.
Each security has a face amount of $1,000, an original offering price of $1,000, an estimated initial value of $973.66 and an agent discount of $25.75 per security. The securities provide 200% upside participation up to a 26.70% maximum return and protect the first 10% of a decline in the Underlier; if the Russell 2000 ending value is below 90% of the starting value, investors bear 1-to-1 losses on the portion below that buffer, up to a possible 90% loss of face amount at maturity.
Bank of Montreal is offering Market Linked Securities—auto-callable, contingent-coupon notes linked to the lower-performing of ASML and LLY, due July 5, 2029. The original offering price is $1,000 per security and our stated estimated initial value on the pricing date is $954.66 per security. The securities pay a quarterly contingent coupon only when the lowest performing Underlier meets its coupon threshold (the contingent coupon rate is 26.05% per annum) and include an automatic call feature if the lowest performing Underlier closes at or above its starting value on certain calculation days. At maturity, if not called, investors receive either the face amount or a reduced payment equal to the face amount multiplied by the lowest performing Underlier’s performance factor; downside protection applies only to declines up to 30% (the downside threshold is 70% of each starting value). These are unsecured Bank of Montreal obligations subject to credit and tax uncertainties; secondary market liquidity is limited.
Bank of Montreal is offering Senior Medium-Term Notes, Series K — equity index linked notes tied to the S&P 500® Index due July 3, 2030. Each note has a $1,000 principal and original offering price of $1,000; the issuer's estimated initial value on the pricing date was $963.72 per note.
The notes return principal at maturity and, if the index finishes above the starting value of 7,440.43, pay upside participation at 100% subject to a maximum return of 28.10% (maximum additional payment $281.00, maximum maturity payment $1,281.00). The calculation day is June 28, 2030 (subject to postponement); the stated maturity date is July 3, 2030 (subject to postponement). The estimated comparable yield for U.S. federal income tax accruals is 4.624% per annum.
Bank of Montreal priced principal-protected-notes-style equity-linked notes tied to the Nasdaq-100 Index® with a $1,000 principal per note and a stated maturity of June 29, 2027 (determination date June 25, 2027). If the final index level is ≥ 85.00% of the initial level (initial level 29,440.32), each note will pay a $1,104.00 threshold settlement amount. If the final level is below that threshold, holders lose approximately 1.1765% of principal for every 1% the final level is below the threshold, potentially losing all principal. The issuer’s estimated initial value was $986.68 per $1,000 note and the offering totals $10,000,000 (proceeds to issuer $9,900,000). Payments are unsecured obligations of Bank of Montreal and subject to its credit risk.
Bank of Montreal is offering market-linked, principal-at-risk notes tied to the Russell 2000® Index with a stated maturity date of September 2, 2027 (calculation day August 30, 2027). Each $1,000 face‑amount security pays no interest and returns at maturity either (a) $1,000 plus a capped upside tied to a 300% upside participation rate subject to a 21.00% maximum return (maximum maturity payment $1,210), or (b) if the ending value is below the starting value, $1,000 plus the underlier return (full downside exposure). The pricing date was June 29, 2026; the stated starting value was 3,010.417. The securities are unsecured obligations of Bank of Montreal, expose investors to the issuer’s credit risk, are not FDIC‑insured, and may have limited secondary market liquidity.
The Bank of Montreal is offering market-linked senior medium-term notes—equity index linked securities—linked to the S&P 500® Index with a stated maturity of January 4, 2029. The original offering price is $1,000 per security and the issuer's estimated initial value on the pricing date is $969.54 per security. The notes pay a capped contingent fixed return of 22.20% ($222.00) if the ending value is at or above the starting value, provide a 10% buffered downside (threshold = 6,696.387, 90% of the starting value), and expose holders to 1-to-1 losses below the buffer. The starting value on the pricing date was 7,440.43 and the calculation day is December 29, 2028. Payments are unsecured obligations of the Bank of Montreal and subject to its credit risk. The pricing supplement highlights limited secondary market liquidity, complex features, and uncertain U.S. federal income tax treatment.
Bank of Montreal is offering Market Linked Senior Medium-Term Notes, Series K—auto-callable, contingent-coupon, principal-at-risk securities linked to the lower‑performing of Advanced Micro Devices, Inc. and Alphabet Inc. (Class A). The securities price at $1,000 per security, have an estimated initial value of $962.30 (not less than $910.00 at pricing), a contingent coupon rate of at least 25.50% per annum, monthly observation dates and an automatic call feature beginning January 2027. Pricing date is July 2, 2026, issue date July 8, 2026 and stated maturity is July 6, 2029. If not called, maturity repayment depends on the ending value of the lowest performing Underlier relative to a 60% downside threshold; large losses (more than 40% of face) are possible.
Bank of Montreal priced a market‑linked note offering linked to the S&P 500® Index. The securities have a $1,000 face amount, an original offering price of $1,000 per security and an estimated initial value of $973.37 per security. The stated maturity date is July 5, 2029 (calculation day June 29, 2029), with a 150% upside participation, a 30.40% maximum return (capped at $1,304.00 per security) and a 15% downside buffer (threshold = 85% of the starting value). If the ending value is below the threshold, investors have 1‑for‑1 downside exposure beyond the buffer and could lose up to 85% of face amount. The securities are unsecured obligations of Bank of Montreal and subject to the issuer’s credit risk.
Bank of Montreal is offering US$3,088,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the NASDAQ-100, Russell 2000 and the Dow Jones Industrial Average. The notes priced on June 26, 2026, settle on June 30, 2026 and mature on June 29, 2029.
The notes pay a Contingent Coupon of 2.15% per quarter (approximately 8.60% per annum) when each reference asset is at or above a 65.00% Coupon Barrier on observation dates, and they are subject to automatic redemption if all reference assets are at or above their Call Levels on an Observation Date beginning December 28, 2026. At maturity, if a Trigger Event occurs for the Least Performing Reference Asset (final level below 65.00% of initial), principal may be reduced by the asset’s percentage decline.
Bank of Montreal priced US$250,000 aggregate principal of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons due June 29, 2029, linked to the MerQube US Large-Cap Vol Advantage Index (MQUSLVA). The notes pay monthly Contingent Coupons of 1.4667% per month (≈17.60% per annum) when the Reference Asset closes at or above a Coupon Barrier Level. The Initial Level is 4,091.68; the Coupon Barrier and Trigger Level equal 3,273.34 (80.00% of the Initial Level). Notes may be automatically redeemed if the Reference Asset closes above the Call Level on an Observation Date. If not redeemed, maturity repayment depends on the Final Level versus the Trigger Level and may result in principal loss; the estimated initial value was $944.28 per $1,000.
Bank of Montreal priced US$1,800,000 Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to Marvell Technology, Inc. (MRVL). The notes were priced on June 26, 2026 with settlement on June 30, 2026 and maturity on June 29, 2029. The Initial Level of the reference stock is $266.77. The notes pay a contingent quarterly coupon of 7.75% (approximately 31.00% per annum) when the reference asset on an Observation Date is at or above the Coupon Barrier of $133.39 (50.00% of Initial Level), and include a Memory Coupon feature.
The notes are automatically redeemed if, on an Observation Date beginning October 27, 2026, the closing level is at or above the Call Level (100% of Initial Level). At maturity, if the Final Level is below the Trigger Level ($133.39), investors receive $1,000 × (1 + Percentage Change), which can be less than principal. Price to public is 100%; agent’s commission is 2.35% ($42,300); proceeds to issuer 97.65% ($1,757,700). The estimated initial value was $967.65 per $1,000. The notes are unsecured obligations of the Bank; the document highlights material risks and tax uncertainty.
Bank of Montreal (BMO) priced a US$5,608,000 offering of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons — linked to the least performing of the S&P 500, EURO STOXX 50 and NASDAQ-100. Pricing Date was June 26, 2026, settlement July 01, 2026, and maturity July 03, 2028. The notes pay a contingent coupon of 0.9925% per month (≈ 11.91% per annum) when all reference assets close at or above their 70.00% coupon barrier on observation dates. The public offering price was 100% ($1,000 per $1,000) with estimated initial value $991.39 per $1,000. At maturity, if any Reference Asset is below its 70.00% trigger level, holders receive $1,000 multiplied by the percentage change of the least performing Reference Asset, which can be less than principal. The notes are callable by BMO beginning on June 30, 2027, and are unsecured obligations of the Bank.
Bank of Montreal priced a US$874,000 issue of Senior Medium-Term Notes, Series K—Autocallable Barrier Notes with Memory Coupons linked to the MerQube US Large-Cap Vol Advantage Index (MQUSLVA). The notes were priced on June 26, 2026 with a Settlement Date of June 30, 2026 and mature on June 29, 2029. The notes pay contingent monthly coupons of 1.225% per month (approximately 14.70% per annum) when the Reference Asset is at or above the Coupon Barrier Level of 2,864.18 (70.00% of Initial Level). The notes are autocallable beginning on December 28, 2026 if the Reference Asset exceeds the Call Level (100% of Initial Level). At maturity, if the Final Level is below the Trigger Level (2,864.18), repayment is reduced pro rata based on percentage change; examples show possible maturity payments from $1,000 down to $0 per $1,000 principal. The estimated initial value on the Pricing Date was $945.38 per $1,000.
Bank of Montreal (BMO) priced US$2,028,000 Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due July 02, 2029. The notes pay a contingent coupon of 1.035% per month (approximately 12.42% per annum) when each reference ETF closes at or above its coupon barrier on observation dates.
If not called, payment at maturity depends on the performance of three ETFs (XLRE, XLU, IGV); a Trigger Event occurs if any Final Level is below its Trigger Level (each set at 60.00% of its Initial Level), in which case the maturity repayment equals $1,000 adjusted by the Percentage Change of the Least Performing Reference Asset. The pricing date was June 26, 2026, settlement July 01, 2026, and the estimated initial value was $989.31 per $1,000.
Bank of Montreal is offering US$650,000 in Senior Medium-Term Notes, Series K—Autocallable Barrier Notes with Memory Coupons—linked to the MerQube US Large-Cap Vol Advantage Index (MQUSLVA). The notes pay a contingent coupon of 1.00% per month (approximately 12.00% per annum) if the Reference Asset is at or above a Coupon Barrier of 2,455.01 (60.00% of the Initial Level) on observation dates. The notes may be automatically redeemed beginning on December 28, 2026 if the Reference Asset closes above the Call Level (100% of Initial Level). If not called, payment at maturity on June 29, 2029 depends on the Final Level relative to the Trigger Level of 2,455.01; a Trigger Event (Final Level below that Trigger Level) reduces principal by the Percentage Change. The Pricing Date is June 26, 2026 and estimated initial value was $945.84 per $1,000.
Bank of Montreal priced US$1,855,000 Senior Medium-Term Notes, Series K — autocallable barrier notes linked to Hewlett Packard Enterprise Company (HPE) common stock. The notes pay a quarterly Coupon of 3.05% per quarter (approximately 12.20% per annum), have an Initial Level of $43.71, a Trigger Level of $21.86 (50.00% of Initial Level) and a Call Level equal to 100% of the Initial Level. The Pricing Date was June 26, 2026, Settlement Date June 30, 2026, Valuation Date June 25, 2030 and Maturity Date June 28, 2030. The public offering price is 100% of principal and the document states an estimated initial value of $950.88 per $1,000 on the Pricing Date.
The notes are unsecured senior obligations of Bank of Montreal, pay cash only at maturity, are subject to an automatic redemption feature beginning on June 25, 2027, and expose holders to downside if the Final Level on the Valuation Date is below the Trigger Level; the maturity cash payoff can be less than principal and may be zero.
Bank of Montreal priced US$964,000 Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to the common stock of Ciena Corporation. The Pricing Date is June 26, 2026, Settlement Date June 30, 2026, and Maturity Date June 29, 2029. Each note has an Initial Level of $479.50, a Contingent Interest Rate of 6.50% per quarter (approximately 26.00% per annum) (equal to $65.00 per $1,000 if payable), a Coupon Barrier Level and Trigger Level of $239.75 (50.00% of Initial Level), and a Call Level equal to 100.00% of the Initial Level. The notes feature quarterly contingent coupons with a Memory Coupon and an automatic redemption that can occur beginning on December 28, 2026 if the Reference Asset closes at or above the Call Level on an Observation Date. Payment at maturity is cash only and depends on the Final Level of the Reference Asset; if a Trigger Event occurs (Final Level below Trigger Level), principal repayment at maturity is reduced according to the Percentage Change. The public offering price is 100% of principal (public offering price for certain fee-based accounts varied up to $1,000), agent commission 2.35%, and the issuer's estimated initial value was $937.62 per $1,000.
Bank of Montreal priced a US$9,297,000 offering of Senior Medium-Term Notes, Series K, Autocallable Barrier Notes with Memory Coupons linked to Amazon.com, Inc. common stock. The notes priced on June 26, 2026, settle on June 30, 2026, and mature on June 29, 2029. Each note has $1,000 principal; the contingent quarterly coupon is 2.7125% (approximately 10.85% per annum) if the Reference Asset meets a coupon barrier of $162.88 (70.00% of the Initial Level). The notes are autocallable if the Reference Asset is at or above the Call Level on an Observation Date, and may repay less than principal at maturity if a Trigger Event occurs (Final Level below the Trigger Level of $162.88). The issuer estimated an initial value of $961.33 per $1,000 note on the Pricing Date.
Bank of Montreal priced a US$119,000 offering of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Dell Technologies Inc. Class C common stock. The notes pay a 5.375% contingent quarterly coupon (approximately 21.50% per annum) and are callable beginning on December 29, 2026 if the Reference Asset closes at or above the Call Level. If not called, maturity payment on July 02, 2029 depends on the Final Level versus the Initial Level; a Trigger Event occurs if the Final Level is below the Trigger Level set at $199.75 (50.00% of the Initial Level). The pricing supplement states an estimated initial value of $919.11 per $1,000 principal amount and discloses distribution fees (Agent’s Commission 4.00%, proceeds to issuer 96.00%).
Bank of Montreal is offering US$8,623,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the common stock of KKR & Co. Inc. The notes price at 100% ($1,000 per $1,000 principal) with a settlement date of June 30, 2026 and maturity on June 29, 2029. The notes pay contingent quarterly coupons of 2.6625% per quarter (approximately 10.65% per annum) when the Reference Asset is at or above a coupon barrier of $45.07 (50.00% of the Initial Level). The notes are automatically redeemable if the Reference Asset closes at or above the Call Level (100% of the Initial Level) on an Observation Date. At maturity, if the Final Level is below the Trigger Level ($45.07), investors receive a cash amount equal to $1,000 × (1 + Percentage Change), which may be less than principal. The estimated initial value on the Pricing Date was $968.85 per $1,000 principal. These are unsecured obligations of the Bank and are not FDIC- or CDIC-insured.
Bank of Montreal priced a primary offering of US$2,634,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes due June 30, 2031. The notes pay quarterly contingent coupons of 1.7625% per quarter (approximately 7.05% per annum) if each reference index meets its coupon barrier on observation dates.
The notes reference the S&P 500 (SPX), Russell 2000 (RTY) and Dow Jones Industrial Average (INDU). The public offering price is 100% of principal; estimated initial value was $950.98 per $1,000 on the pricing date. Payment at maturity depends on the least performing reference asset and may be less than principal if a trigger event occurs.
Bank of Montreal (BMO) is offering US$3,088,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the least performing of the NASDAQ-100, Russell 2000 and the Dow Jones Industrial Average. The notes priced on June 26, 2026, settle on June 30, 2026, and mature on June 29, 2029. They pay a contingent coupon of 2.15% per quarter (approximately 8.60% per annum) when, on each observation date, each reference index is at or above its coupon barrier (each barrier = 65.00% of its Initial Level). The notes are autocallable beginning on December 28, 2026 if all three indexes are at or above their call levels (100% of Initial Level). At maturity, if any reference asset’s Final Level is below its trigger level (65.00% of Initial Level), investors receive a declining principal linked to the Percentage Change of the least performing index; hypothetical examples show possible principal outcomes from $1,000 down to $0 per $1,000. The initial estimated value on the Pricing Date was $965.17 per $1,000. The notes are unsecured obligations of the Bank and are not bank deposits or FDIC/Canada Deposit Insurance Corporation insured.
Bank of Montreal priced a US$535,000 offering of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons due July 02, 2029. The notes link to the least performing of GOOG, AMZN and AVGO. Key terms: Pricing Date June 26, 2026, Settlement Date July 01, 2026, Valuation Date June 27, 2029, contingent coupon 2.00% per month (≈24.00% per annum), Coupon and Trigger Levels at 70.00% of initial levels, and an estimated initial value of $973.79 per $1,000.
The notes are unsecured obligations of the Bank, may autocall if all reference assets close at or above their Call Level on an Observation Date, and pay at maturity based on the Percentage Change of the least performing Reference Asset (cash‑only payment). Offer price to public was 100% with an agent commission of 0.25%.
Bank of Montreal priced US$5,624,000 of Senior Medium-Term Notes, Series K — Capped Enhanced Return Notes linked to the S&P 500® Index. The notes offer 300.00% upside leverage on positive S&P 500 performance but cap the payout at a Maximum Redemption Amount of $1,142.00 per $1,000 (a 14.20% return). If the Reference Asset falls, investors lose 1% of principal for each 1% decline, up to a 100% loss. The notes pay no interest, are unsecured obligations of Bank of Montreal, will not be listed, and are subject to the issuer’s credit risk. Key dates: Pricing Date June 26, 2026, Settlement Date June 30, 2026, Valuation Date August 24, 2027, Maturity Date August 27, 2027. BMOCM is the selling agent and calculation agent.
Bank of Montreal priced US$2,029,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due July 02, 2029. The notes pay a Contingent Interest Rate of 1.0417% per month (approximately 12.50% per annum) when each Reference Asset on an Observation Date is at or above its Coupon Barrier Level.
Pricing Date was June 26, 2026, Settlement Date July 01, 2026, Valuation Date June 27, 2029. The notes are linked to three Reference Assets (KRE, NDXT, XLP). Coupon and Trigger Levels equal 60.00% of each Initial Level. The estimated initial value on the Pricing Date was $983.10 per $1,000.
Bank of Montreal (BMO) priced US$557,000 of Senior Medium-Term Notes, Series K, autocallable barrier notes due July 02, 2029, linked to the least performing of Broadcom Inc. (AVGO), Dell Technologies Inc. Class C (DELL) and TSMC ADRs (TSM). The notes pay contingent monthly coupons of 1.6667% per month (approximately 20.00% per annum) when each reference asset on an Observation Date is at or above its Coupon Barrier Level. The notes are callable beginning June 29, 2027 if each Reference Asset is at or above its Call Level; upon automatic redemption investors receive principal plus due contingent coupons. At maturity, if a Trigger Event occurred and the Final Level of the Least Performing Reference Asset is below its Initial Level, the maturity payment equals $1,000 + ($1,000 x Percentage Change of the Least Performing Reference Asset), which may be less than principal. The pricing shows a public offering price of 100% of principal, an agent commission of 0.25%, proceeds to BMO of 99.75%, and an estimated initial value of $932.42 per $1,000 on the Pricing Date.