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.
The Bank of Montreal preliminary pricing supplement describes a primary offering of Market Linked Senior Medium-Term Notes (Series K) — auto-callable, contingent-coupon securities linked to the lowest performing of the Nasdaq-100 Index, the Russell 2000 Index and the SPDR S&P 500 ETF Trust. The original offering price is $1,000 per security with estimated initial value $966.50 (floor at pricing $910.00). Pricing date is July 6, 2026, issue date July 9, 2026 and stated maturity is July 11, 2029. Contingent coupons are monthly when the lowest-performing underlier equals or exceeds its coupon threshold; the contingent coupon rate will be at least 10.32% per annum. If not called, maturity payment is either face amount or $1,000 × performance factor of the lowest performing underlier; the downside threshold is 70% of starting value, meaning declines beyond 30% reduce principal. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk.
Bank of Montreal priced US$4,555,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the least performing of Broadcom Inc. (AVGO), Alphabet Inc. Class A (GOOGL) and NVIDIA Corporation (NVDA). The Pricing Date was June 22, 2026, Settlement Date June 25, 2026, and Maturity Date June 25, 2029.
The notes pay a Contingent Coupon of 6.27% per quarter (≈25.08% per annum) if each reference asset on an Observation Date is ≥ its Coupon Barrier (70% of Initial Level). They are autocallable beginning on September 22, 2026 if each Reference Asset closes at or above 100% of its Initial Level on an Observation Date. At maturity, if any Reference Asset’s Final Level is below its Trigger Level (70% of Initial Level), holders may receive a Physical Delivery Amount in the Least Performing Reference Asset (or cash at issuer election) that can be substantially less than principal. The cover lists an estimated initial value of $959.66 per $1,000 principal amount.
Bank of Montreal priced US$4,180,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due June 24, 2031 linked to the least performing of the Russell 2000® Index, XLU and XBI. The Pricing Date was June 22, 2026, Settlement Date June 24, 2026, and Valuation Date June 18, 2031.
The notes pay monthly contingent coupons of $6.958 per $1,000 if each Reference Asset closes at or above its Coupon Barrier on an Observation Date (Coupon Barrier = 70% of Initial Level). The notes are subject to automatic redemption if, on any Observation Date beginning June 21, 2027, each Reference Asset closes at or above its Call Level (100% of Initial Level). At maturity, if any Reference Asset’s Final Level is below its Trigger Level (60% of Initial Level), investors receive $1,000 × the Least Performing Reference Asset’s Percentage Change, which can be less than principal and may be zero. The estimated initial value on the Pricing Date was $947.31 per $1,000 principal.
Bank of Montreal priced US$4,077,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the least performing common stock of Halliburton Company and Palo Alto Networks, Inc. The Pricing Date is June 22, 2026, Settlement Date June 25, 2026, and Maturity Date June 25, 2029. The notes pay contingent quarterly coupons of 5.25% per quarter (approximately 21.00% per annum) if each reference asset closes at or above its Coupon Barrier on Observation Dates and include a Memory Coupon Feature. Initial Levels are HAL $35.17 and PANW $286.40; Coupon and Trigger Levels are 60.00% of Initial Levels (HAL $21.10, PANW $171.84). Automatic redemption occurs if both Reference Assets meet the Call Level (100% of Initial Level) on an Observation Date. At maturity, if a Trigger Event occurs (Final Level of any Reference Asset < Trigger Level), payment may be physical delivery of shares or cash based on the Least Performing Reference Asset. The estimated initial value was $969.01 per $1,000 principal amount; public offering price was between $980.00 and $1,000.00 per $1,000, with some accounts offered between 98.00% and 100.00%. Terms, market risks, tax treatment, and distributions are described in the product supplement and prospectus supplement.
Bank of Montreal priced US$2,882,000 of Senior Medium‑Term Notes, Series K, Autocallable Barrier Notes with Contingent Coupons due June 25, 2031. The notes are linked to the least performing of the NASDAQ‑100 (NDX), Russell 2000 (RTY) and Dow Jones Industrial Average (INDU).
Key terms: a Contingent Interest Rate of 0.7167% per month (approximately 8.60% per annum) payable monthly if each reference asset is at or above its Coupon Barrier (75% of Initial Level). A Trigger Event occurs if any Reference Asset’s Final Level is below its Trigger Level (70% of Initial Level) on the Valuation Date June 20, 2031, which makes the payment at maturity equal to $1,000 plus the Percentage Change of the least performing Reference Asset. The estimated initial value was $945.64 per $1,000 principal on the Pricing Date.
Bank of Montreal priced US$6,972,000 Senior Medium-Term Notes, Series K, a structured note due July 26, 2027 linked to the least performing of the S&P 500® and the Russell 2000®. The notes offer a 11.57% digital return if the least performing index’s Final Level is at or above 75.00% of its June 22, 2026 Initial Level, otherwise investors bear a 1:1 loss of principal beyond that Barrier.
The notes were priced on June 22, 2026, settle on June 25, 2026, and use a Valuation Date of July 21, 2027. They are unsecured obligations of Bank of Montreal, carry credit exposure to the issuer, are not interest bearing, will not be listed, and had an estimated initial value of $990.67 per $1,000 principal amount on the Pricing Date.
Bank of Montreal is offering US$250,000 in Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Contingent Coupons due June 26, 2028, linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000. The notes pay a contingent coupon of 0.9167% per month (approximately 11.00% per annum) when each reference asset is at or above a 70.00% coupon barrier on observation dates. Beginning December 22, 2026, the notes may be automatically redeemed if all reference assets are at or above their Call Level (100% of initial). At maturity, if not called, principal repayment depends on the performance of the Least Performing Reference Asset: investors receive $1,000 per $1,000 unless a Trigger Event (Final Level below 70.00% of Initial Level) occurs, in which case the payoff equals $1,000 plus $1,000 times the Percentage Change of the Least Performing Reference Asset. The pricing supplement discloses an estimated initial value of $981.43 per $1,000 and the public offering price range for certain accounts between $992.50 and $1,000 per $1,000.
Bank of Montreal priced US$768,000 Senior Medium-Term Notes, Series K: Autocallable Barrier Notes due June 25, 2029, linked to the least performing of the NASDAQ-100, Russell 2000 and Dow Jones Industrial Average. The notes pay scheduled Call Amounts ($147.50, $295.00, $442.50 per $1,000) on observation dates if each reference asset is at or above its Call Level, otherwise payoff at maturity depends on the Least Performing Reference Asset and a 70.00% Trigger Level. Pricing Date was June 22, 2026, Settlement Date June 25, 2026, Valuation Date June 20, 2029. Estimated initial value on the pricing date was $961.60 per $1,000 in principal. The public offering price was 100% of principal; agent’s commission was 2.50% (aggregate $19,200), proceeds to issuer $748,800.
Bank of Montreal is offering market-linked, auto-callable securities due July 3, 2029 linked to the lowest performing common stock of Amazon.com, Inc., NVIDIA Corporation and Oracle Corporation. The original offering price and face amount are $1,000 per security; pricing date is June 30, 2026 and issue date is July 6, 2026.
The notes pay monthly contingent coupons (the contingent coupon rate will be at least 21.85% per annum) only if the lowest performing underlier meets its coupon threshold on a calculation day; unpaid coupons carry forward (memory) but are not paid if the lowest performing underlier never recovers. If an automatic call condition is met on a calculation day, holders receive face amount plus accrued contingent coupons on the call settlement date.
At maturity, if not called, the payment depends on the lowest performing underlier: full face amount if its ending value is at or above the downside threshold (60% of starting value), otherwise a proportional loss (e.g., a 45% ending value yields $450). Payments are unsecured obligations of Bank of Montreal and subject to its credit risk.
Bank of Montreal priced a preliminary offering of Senior Medium-Term Notes, Series K: auto-callable, ETF-linked notes tied to the lowest performing of the iShares Expanded Tech-Software ETF (IGV) and the Vanguard Health Care ETF (VHT).
Terms shown: $1,000 face amount per security; original offering price $1,000; agent discount $25.75; proceeds to issuer $974.25. Estimated initial value at the preliminary date was $965.60 (will not be less than $920.00 at pricing). Key mechanics: quarterly call opportunities beginning July 6, 2027 through final calculation day July 2, 2029, a 15% buffer, and up to 85% potential loss of face at maturity if the lowest performing Underlier falls below its 85% threshold.
Bank of Montreal (BMO) priced a US$1,534,000 offering of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due June 24, 2031. The notes pay a contingent coupon of 0.6667% per month (approximately 8.00% per annum) if each reference index is at or above its coupon barrier on monthly observation dates and are subject to automatic redemption beginning June 21, 2027 if all references are at or above their call levels.
At maturity (if not auto‑redeemed) holders receive $1,000 per $1,000 principal unless a trigger event occurs; if a Trigger Event (any reference asset 70.00% of initial level on the valuation date) has occurred, the payout equals $1,000 plus $1,000 times the percentage change of the least performing reference asset, which may be less than principal. The Pricing Date was June 18, 2026 and the estimated initial value was $947.74 per $1,000.
Bank of Montreal (BMO) priced US$1,350,000 of Senior Medium-Term Autocallable Barrier Notes, Series K, linked to the common stock of Apple Inc. (AAPL). The notes were priced on June 18, 2026, settle on June 24, 2026 and mature on June 25, 2029. Each note has an Initial Level of $298.01, a quarterly Contingent Interest Rate of 1.975% (approximately 7.90% per annum) if coupon conditions are met, and a Coupon Barrier/Trigger Level of $208.61 (70.00% of the Initial Level). Notes may be automatically redeemed if the Reference Asset closes at or above the Call Level on an Observation Date; otherwise final payment depends on the Final Level on the Valuation Date (June 20, 2029), with cash settlement only. The estimated initial value was $970.83 per $1,000 principal on the Pricing Date.
Bank of Montreal (BMO) priced US$635,000 in Senior Medium-Term Notes, Series K: Autocallable Buffer Notes with Contingent Coupons due June 25, 2029, linked to the least performing of Eli Lilly (LLY) and Novo Nordisk ADRs (NVO). The notes pay monthly contingent coupons of 1.1083% per month (approximately 13.30% per annum) if each reference asset is at or above a 65.00% coupon barrier on observation dates and may auto‑redeem on specified quarterly call observation dates beginning June 22, 2027. At maturity, if the least performing reference asset falls below a 35.00% buffer decline (i.e., below 65.00% of initial level), principal is reduced pro rata; investors could lose up to 65.00% of principal. The estimated initial value on the pricing date was $985.52 per $1,000.
Bank of Montreal priced US$1,799,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Devon Energy Corporation common stock (DVN). The notes pay a contingent coupon of 1.135% per month (about 13.62% per annum) if monthly observation-level conditions are met, begin coupon payments on July 26, 2026, and mature on July 26, 2027. The notes include an automatic redemption feature beginning on December 22, 2026, and a downside trigger at $28.22 (67.00% of the initial level). The notes are cash-settled at maturity and were issued at an estimated initial value of $977.38 per $1,000 on the pricing date.
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 QCOM, AVGO and CIEN.
Pricing Date: June 18, 2026; Settlement Date: June 24, 2026; Valuation Date: June 20, 2029; Maturity Date: June 25, 2029. Contingent interest is 3.4375% per month (each contingent coupon = $34.375 per $1,000). The notes are autocallable beginning December 22, 2026 if each reference asset closes at or above its Call Level (100% of Initial Level). At maturity, if a Trigger Event occurs (the Least Performing Reference Asset is below its Trigger Level — 50% of Initial Level), the cash payoff equals $1,000 + $1,000 × Percentage Change of the Least Performing Reference Asset, which may be less than principal and could be zero. The estimated initial value on the Pricing Date was $970.07 per $1,000. Payment is cash only; physical delivery of shares is not available.
Bank of Montreal (BMO) priced US$325,000 aggregate principal of Senior Medium-Term Notes, Series K — Callable Buffer Notes with Contingent Coupons due June 25, 2029. The notes pay a contingent monthly coupon of 0.5833% per month (≈7.00% per annum) if each reference index on an Observation Date is at or above its Coupon Barrier Level (70% of the Initial Level). The notes are linked to the S&P 500®, NASDAQ-100® and Russell 2000®. A Buffer Percentage of 30.00% protects investors from the first 30% of a decline in the Least Performing Reference Asset; if the Least Performing Reference Asset declines by more than 30.00%, investors suffer losses proportionate to the excess decline (up to 70.00% of principal). The public offering price was 100% of principal (range for certain accounts: $992.50–$1,000 per $1,000). The estimated initial value on the Pricing Date was $976.17 per $1,000. The issuer may call the notes beginning on June 22, 2027, on Observation Dates; if called, investors receive principal plus any contingent coupon due on the Call Settlement Date.
Bank of Montreal priced US$934,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes due June 24, 2030. The notes pay a contingent coupon of 0.5833% per month (approximately 7.00% per annum) when each reference index is at or above its coupon barrier on observation dates. The notes reference the S&P 500® and the Dow Jones Industrial Average®; their Coupon and Trigger Levels are 60.00% of each index's Initial Level (SPX: 4,500.35; INDU: 30,938.82). If, at the Valuation Date, the Final Level of the Least Performing Reference Asset is below its Trigger Level, principal at maturity is reduced by the Percentage Change of that asset. The document states an estimated initial value of $984.67 per $1,000 on the Pricing Date and discloses distribution terms, commissions, and jurisdictional sale restrictions.
Bank of Montreal (BMO) priced US$1,286,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Contingent Coupons linked to the common shares of Celestica Inc. (CLS). The Pricing Date was June 18, 2026, Settlement Date June 24, 2026, Valuation Date December 21, 2027 and Maturity Date December 27, 2027.
The notes pay a contingent coupon of 3.1833% per month (approximately 38.20% per annum) if the Reference Asset closes on an Observation Date at or above the Coupon Barrier of $223.53 (60.00% of the Initial Level). The notes autocall if the Reference Asset closes on an Observation Date at or above the Call Level (100% of the Initial Level), and pay cash at maturity based on the Final Level; a Trigger Event occurs if the Final Level is below the Trigger Level of $186.28 (50.00% of the Initial Level).
Bank of Montreal priced US$333,000 Senior Medium-Term Notes, Series K: Autocallable Barrier Notes linked to the common stock of Devon Energy Corporation (DVN). The notes pay a Contingent Coupon of 1.3333% per month (approximately 16.00% per annum) if the Reference Asset meets the Coupon Barrier on observation dates. Pricing Date was June 18, 2026 with settlement June 24, 2026; Valuation Date is July 21, 2027 and Maturity Date is July 26, 2027. The Initial Level of DVN was stated as $42.12; the Coupon Barrier and Trigger Level are set at $28.22 (67.00% of Initial Level). Beginning December 22, 2026 the notes auto‑redeem if the Reference Asset closes at or above the Call Level (100% of Initial Level) on an Observation Date. If not auto‑redeemed and the Final Level is below the Trigger Level, maturity payment is $1,000 x (1 + Percentage Change), which can be less than principal and may be zero; only cash settlement is available.
Bank of Montreal priced US$3,695,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Enhanced Return Notes linked to the S&P 500® Futures Excess Return Index. The notes mature on June 24, 2031 and can be automatically redeemed on June 25, 2027 if the Reference Asset is above its Call Level, producing a $158 per-note Call Amount (approximately 15.80% per annum). If not called, the notes provide 250.00% leveraged upside on any positive Percentage Change of the Reference Asset, subject to a Barrier Level at 421.76 ( 70.00% of the Initial Level). If the Final Level is below the Barrier, investors incur a linear loss of principal (lose 1.00% of principal per 1% decline). The notes do not pay interest, are unsecured obligations of the Bank, are not exchange listed, and carry the issuer credit risk of Bank of Montreal.
Bank of Montreal (BMO) is issuing US$3,638,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Enhanced Return Notes due June 24, 2031. The notes offer 310.00% Upside Leverage to appreciation of the S&P 500® Futures Excess Return Index and carry an automatic redemption feature on June 25, 2027 if the Reference Asset closes above 100.00% of its Initial Level; automatic redemption pays principal plus a Call Amount ($120 per $1,000, ~12.00% per annum).
If not called, maturity payment depends on the Final Level: full principal retained if Final Level ≥ Barrier (65.00% of Initial Level = 391.64); if Final Level < Barrier, investors lose 1% of principal for each 1% decline (potential loss up to 100%). Notes pay no interest, are unsecured obligations of BMO, and are subject to BMO credit risk. The estimated initial value at pricing was $992.68 per $1,000.
Bank of Montreal priced US$3,245,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons linked to the iShares® Expanded Tech-Software Sector ETF (ticker IGV) on June 18, 2026. The notes pay a 3.525% per quarter contingent coupon (≈14.10% per annum) when the Reference Asset on an Observation Date is at or above the Coupon Barrier Level of $62.36 (70.00% of the Initial Level). Beginning December 22, 2026, the notes may be automatically redeemed if the Reference Asset closes at or above the Call Level (100% of the Initial Level) on an Observation Date; automatic redemption returns principal plus the applicable contingent coupon. If not called, maturity on June 25, 2029 delivers $1,000 per $1,000 principal unless a Trigger Event occurs (Final Level below the Trigger Level of $62.36), in which case the cash payment equals $1,000 plus the Percentage Change of the Reference Asset, which may result in a substantially reduced amount. The public offering price was 100% (with certain fee-based accounts offered between $985 and $1,000), estimated initial value was $984.90 per $1,000 on the Pricing Date, and payment is in cash only at maturity.
Bank of Montreal is offering US$625,000 of Senior Medium-Term Notes, Series K — Buffer Enhanced Return Notes due June 25, 2029 — linked to the EURO STOXX 50® Index. The notes provide 125.70% upside leverage to any appreciation of the index but include a 30.00% buffer against declines; if the index falls by more than 30.00% from an Initial Level of 6,323.27, investors lose 1% of principal for each 1% decline beyond the buffer (up to a 70.00% principal loss). The notes pay no interest, are unsecured obligations of Bank of Montreal, are not exchange-listed, and are subject to the issuer’s credit risk. Key dates: Pricing June 18, 2026, Settlement June 24, 2026, Valuation June 20, 2029, Maturity June 25, 2029. The public offering price is 100% and the initial estimated value per $1,000 is $983.32.
Bank of Montreal priced $649,000 Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000. The notes pay a contingent coupon of 1.05% per month when each Reference Asset closes on or above its coupon barrier on an observation date, are callable beginning September 23, 2026, mature on December 27, 2027, and have an estimated initial value of $990.50 per $1,000.
The notes return principal at maturity unless a trigger event occurs (Final Level below a 70.00% Trigger Level for any reference index), in which case the payout equals $1,000 × Percentage Change of the Least Performing Reference Asset. Public offering price was approximately 100% (agent’s commission $973.50; proceeds to issuer $648,026.50).
Bank of Montreal (BMO) priced a US$700,000 issue of Senior Medium‑Term Notes, Series K: autocallable barrier notes linked to the common stock of Amazon.com, Inc. (AMZN). The notes pay a contingent coupon of 2.5375% per quarter (approximately 10.15% per annum) if observation dates meet the coupon barrier, have an Initial Level of $237.50, a Coupon/Trigger Level of $142.50 (60.00% of Initial Level), and mature on June 25, 2029. If not auto‑redeemed, final payment depends on the Final Level versus the Trigger Level on the Valuation Date (June 20, 2029), with potential principal loss if the Final Level is below the Trigger Level. The notes are cash‑settled, unsecured obligations of BMO and were estimated to have an initial value of $965.83 per $1,000 on the pricing date.
Bank of Montreal is offering US$1,100,000 in Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due June 24, 2031, linked to the least performing of the S&P 500®, Russell 2000® and the Nasdaq‑100 Technology Sector Index.
The notes pay a Contingent Interest Rate of 0.90% per month (approximately 10.80% per annum) when each Reference Asset closes at or above its Coupon Barrier on Observation Dates, with a monthly Memory Coupon feature. Settlement is June 24, 2026; automatic redemption may occur beginning on the June 2027 observation if all Reference Assets are at or above their Call Levels. The estimated initial value was $977.38 per $1,000 principal.
Bank of Montreal priced US$1,076,000 Senior Medium‑Term Notes, Series K. The notes are Autocallable Barrier Notes linked to the common stock of Halliburton Company (HAL) with Pricing Date June 18, 2026, Settlement Date June 24, 2026 and Maturity Date June 23, 2028.
The notes pay a Contingent Coupon of 3.2025% per quarter (approximately 12.81% per annum) if the Reference Asset closes at or above the Coupon Barrier on an Observation Date and may be automatically redeemed if the Reference Asset closes at or above the Call Level on an Observation Date. Initial Level is $34.93; the Coupon Barrier and Trigger Level are $20.96 (60.00% of the Initial Level). The estimated initial value was $992.78 per $1,000 and the public offering price was 100% of principal.
Bank of Montreal is pricing US$1,513,000 of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to Biogen Inc. common stock. The notes pay a contingent quarterly coupon of 2.75% (about 11.00% per annum) if the Reference Asset closes at or above the Coupon Barrier Level of $119.91 on an Observation Date. The notes may be automatically redeemed beginning December 18, 2026 if the Reference Asset closes at or above the Call Level (100% of the Initial Level). At maturity, if a Trigger Event occurs (Final Level below the Trigger Level of $119.91, 61.00% of the Initial Level), holders may receive a Physical Delivery Amount of Biogen shares (or a Cash Delivery Amount) resulting in principal loss; hypothetical examples show principal recovery can range from full principal to zero depending on final BIIB levels. The estimated initial value on the Pricing Date was $966.33 per $1,000 principal.
Bank of Montreal (issuer) is offering US$250,000 aggregate principal of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the least performing of AAPL, GOOG and AMZN. Coupons equal 0.85% per month (approximately 10.20% per annum), paid monthly beginning July 25, 2026, and the notes mature on June 25, 2029. The notes are subject to automatic redemption on Call Observation Dates if each Reference Asset closes above its Call Level (100% of Initial Level). At maturity, if any Reference Asset’s Final Level is below its Trigger Level (65.00% of Initial Level), the principal repayment is reduced pro rata to the Percentage Change of the Least Performing Reference Asset. The estimated initial value on the Pricing Date was $952.13 per $1,000. Purchases are cash-settled only; shares will not be delivered.
Bank of Montreal priced US$6,028,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due September 24, 2027.
The notes pay a contingent coupon of 1.0625% per month (approximately 12.75% per annum) when each reference index meets its coupon barrier on monthly observation dates. The notes reference the S&P 500, NASDAQ-100 and Russell 2000, are callable beginning December 21, 2026, and settle on June 24, 2026. The pricing date was June 18, 2026 and the valuation date is September 21, 2027. The cover shows an estimated initial value of $984.66 per $1,000.
Bank of Montreal priced a US$560,000 offering of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the least performing of Intel (INTC), Microsoft (MSFT) and Alphabet Class A (GOOGL).
The notes were priced on June 18, 2026 with settlement on June 24, 2026 and maturity on June 26, 2028. The structure pays a 2.9167% per month contingent coupon (approximately 35.00% per annum) when each reference asset meets its coupon barrier on observation dates, and includes a Memory Coupon feature. Initial Levels: INTC $133.99, MSFT $379.40, GOOGL $368.03. Coupon and trigger levels equal 60.00% of initial levels. The estimated initial value on the Pricing Date was $939.94 per $1,000. Payments at maturity depend on the Percentage Change of the Least Performing Reference Asset; a Trigger Event (Final Level below the Trigger Level) can reduce principal, potentially to zero.
Bank of Montreal is offering Capped Buffer GEARS linked to the S&P 500® Index due on or about December 29, 2027, with a Principal Amount of $10 per Security and an Original Issue Price of $10.00.
The terms shown on the cover will be set on the Trade Date: Upside Gearing of 1.5, a Maximum Gain to be set between 14.00% and 15.74%, a 10% Buffer and a Downside Threshold equal to 90% of the Initial Underlier Value. The issuer’s estimated initial value was $9.78 per Security and will not be less than $9.48 at pricing.
Bank of Montreal priced a series of unsecured senior medium-term, equity-linked notes (face amount $1,000 per security) due June 22, 2029 that are auto-callable monthly and pay a contingent coupon rate of 37.02% per annum subject to performance of the lowest performing of three underliers: Alphabet Inc. (GOOGL), Micron Technology (MU) and Tesla (TSLA). The pricing supplement shows an estimated initial value of $945.54 per security and an original offering price of $1,000 per security, with total original offering proceeds of $7,023,000 for the issue described. The notes pay monthly contingent coupons only if the lowest-performing underlier on each calculation day is at or above its coupon threshold (55% of the starting value), feature a memory-based catch-up for missed coupons, and expose holders to full downside on the lowest-performing underlier at maturity if that underlier finishes below its downside threshold (55% of its starting value). The notes do not provide participation in any upside beyond contingent coupons, are unsecured obligations of Bank of Montreal, and are subject to issuer credit risk, limited secondary-market liquidity and uncertain U.S. federal income tax treatment.
Bank of Montreal offers Market Linked Securities—auto-callable, equity-linked senior notes tied to Target Corporation. The original offering price is $1,000 per security. The securities pay quarterly contingent coupon payments (contingent coupon rate will be determined on the pricing date and will be at least 10.40% per annum) subject to an observed coupon threshold. The estimated initial value on the preliminary pricing supplement is $968.50 per security and will not be less than $920.00 at pricing. The securities mature on June 28, 2029 unless automatically called earlier on quarterly calculation days. At maturity, principal repayment depends on the ending value of the Target common stock versus a downside threshold equal to 60% of the starting value; if the ending value is below that threshold, the maturity payment is the face amount multiplied by the performance factor and could result in a loss of more than 40% or a total loss of principal.
Bank of Montreal is offering Senior Medium-Term Notes, Series K — market-linked, auto-callable notes linked to the lowest performing of SMH, XLF and XLU, with monthly contingent coupons, a minimum contingent coupon rate of 16.10% per annum, pricing date June 26, 2026, issue date July 1, 2026 and stated maturity June 29, 2029. Each security has a face amount of $1,000 and an estimated initial value of $963.80 (not less than $910.00 at pricing).
Payments depend on the lowest performing Underlier each calculation day; automatic call, contingent monthly coupons with a memory feature, and a downside principal-at-risk where the downside threshold equals 65% of starting value. Securities are unsecured obligations of Bank of Montreal and expose holders to issuer credit risk, potential withholding for non-U.S. holders, limited secondary market liquidity and complex tax treatment.
Bank of Montreal is offering Senior Medium-Term Notes, Series K, a primary issuance of redeemable fixed-rate notes bearing interest at $1,000 principal per note and 5.35% interest per annum, with trade date July 2, 2026 and issue date July 7, 2026.
The Notes mature on July 7, 2036 but are redeemable by the issuer on semi-annual Optional Redemption Dates (each January and July 7, beginning July 7, 2027) at 100% of principal plus accrued interest. The original issue price is $1,000.00 per Note, underwriting discount $20.00, and proceeds to the issuer $980.00 per Note. The Notes are bail-inable under the Canadian CDIC Act and are not listed on any exchange.
Bank of Montreal is offering non‑interest bearing, principal‑protected‑to‑a‑buffer structured notes linked to the MSCI EAFE Index. Each note has a $1,000 principal amount and a buffer that protects losses up to a 10.00% decline in the index; losses amplify below that buffer.
Holders receive upside participation at 160% of the index return up to a capped payment (maximum settlement expected between $1,149.60 and $1,175.84 per $1,000). The issuer’s credit risk, limited secondary market, uncertain U.S. tax treatment, and a stated initial estimated value below the issue price (expected $969.00–$999.00 per $1,000) are key considerations.
Bank of Montreal offers structured, non‑interest bearing notes linked to an unequally weighted basket of five international indices with principal per note of $1,000.
Payments at maturity depend on the final basket level versus an initial basket level of 100, with an 180% upside participation, a buffer at 85.00%, and a capped payout (maximum settlement amount expected between $1,188.82 and $1,222.12 per $1,000). The determination date is expected within a 18 to 21 months range from the trade date and the notes are unsecured obligations of Bank of Montreal.
Bank of Montreal priced a US$2,737,000 offering of Senior Medium‑Term Notes, Series K — Capped Barrier Enhanced Return Notes due July 26, 2027. The notes pay at maturity a leveraged upside (300% Upside Leverage Factor) on an equally weighted basket of fifteen equities but cap returns at a Maximum Redemption Amount of $1,270.00 per $1,000 principal. If the Basket falls below the Barrier Level of 75.00% of its Initial Level, holders lose 1% of principal per 1% decline; investors may lose up to 100% of principal. The notes are unsecured obligations of Bank of Montreal, payable only in cash, not listed, and carry the issuer's credit risk. Pricing Date: June 17, 2026; Settlement Date: June 24, 2026; Valuation Date: July 21, 2027.
The Bank of Montreal is offering US$488,000 of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due June 25, 2029 linked to the least performing of META and TSLA. The notes pay a contingent quarterly coupon of 3.8125% per quarter (about 15.25% per annum) when both reference assets close at or above a coupon barrier (50% of initial levels). The notes may be automatically redeemed if both reference assets close at or above 100% of their Initial Level on an Observation Date. At maturity, if a Trigger Event occurs (least performing reference asset < 50% of its Initial Level), principal is reduced pro rata by the percentage decline of that asset; otherwise investors receive full principal plus any due contingent coupons.
Bank of Montreal is offering US$9,107,000 in Senior Medium‑Term Notes, Series K: Autocallable Barrier Notes with Contingent Coupons linked to the least performing of the S&P 500® and the Russell 2000®. Pricing Date was June 17, 2026, settlement on June 23, 2026, and maturity on June 23, 2027. The notes pay a $29.025 contingent coupon per $1,000 each quarter if each reference asset is at or above its coupon barrier on observation dates, with a contingent interest rate of 2.9025% per quarter (approximately 11.61% per annum). The estimated initial value on the Pricing Date was $988.98 per $1,000 principal amount. The public offering price is 100% (payment terms and distribution fees are described on the cover).
Bank of Montreal priced US$500,000 Senior Medium-Term Notes, Series K: Step Down Autocallable Barrier Notes due June 24, 2030, linked to the least performing of the common stock of Dow Inc., Occidental Petroleum Corporation and MGM Resorts International. The notes may be automatically redeemed on specified Observation Dates beginning June 17, 2027 if each Reference Asset is at or above its Call Level; Call Amounts rise on successive Observation Dates, representing an approximate 20.60% per annum return if called. At maturity, if any Reference Asset’s Final Level is below its Trigger Level (each Trigger Level equals 50.00% of its Initial Level), investors receive $1,000 plus the Percentage Change of the least performing Reference Asset, which may result in less than principal. The Pricing Date was June 17, 2026 and the estimated initial value on that date was $942.68 per $1,000 principal.
Bank of Montreal (BMO) priced US$985,000 Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due June 23, 2028. The notes are linked to the least performing of Class C capital stock of Alphabet Inc. (GOOG) and common stock of NVIDIA Corporation (NVDA). Coupons of 1.6917% per month (~20.30% per annum) may be paid monthly if both reference assets close at or above their 60% Coupon Barrier Levels on observation dates. Beginning September 18, 2026, BMO may call the notes on any Observation Date. At maturity investors receive principal unless a Trigger Event occurs (Final Level of any reference asset < its Trigger Level), in which case payoff equals $1,000 × Percentage Change of the Least Performing Reference Asset. Estimated initial value was $985.20 per $1,000 principal on the Pricing Date.
Bank of Montreal priced US$533,000 in Senior Medium-Term Notes, Series K: callable Barrier Notes with contingent coupons due June 24, 2030, linked to the least performing of the S&P 500®, Russell 2000® and the shares of the State Street® Utilities Select Sector SPDR® ETF (XLU). The notes pay a contingent coupon of 0.67% per month (approximately 8.04% per annum) when each reference asset on an Observation Date is at or above its coupon barrier (70% of the Initial Level). Beginning June 21, 2027 the issuer may call the notes on observation dates; if not called, maturity payoff depends on the percentage change of the least performing reference asset and may result in a principal loss. The public offering price was 100% of principal and the estimated initial value was $947.33 per $1,000.
Bank of Montreal is offering US$5,135,000 of Senior Medium-Term Notes, Series K — capped barrier enhanced return notes due July 26, 2027 linked to an equally weighted basket of fifteen listed equity securities.
The notes provide 300.00% upside leverage on positive Basket performance subject to a Maximum Redemption Amount of $1,305.00 per $1,000. If the Basket falls below the Barrier Level of 75.00 of its Initial Level, holders lose 1% of principal for each 1% decline below the Initial Level; principal loss can be up to 100%. The notes pay no interest, are unsecured obligations of the Bank of Montreal, will be settled in cash only, and are subject to the Bank’s credit risk. Pricing Date: June 17, 2026; Settlement Date: June 24, 2026; Valuation Date: July 21, 2027.
Bank of Montreal priced US$1,081,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due June 24, 2030, linked to the S&P 500®, the Russell 2000® and XLU. The notes pay a contingent coupon of 0.835% per month (approximately 10.02% per annum) when 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 in whole on Observation Dates beginning June 21, 2027. At maturity, if a Trigger Event occurs (any Reference Asset below its Trigger Level of 70% of Initial Level), holders receive $1,000 adjusted by the Percentage Change of the Least Performing Reference Asset; otherwise they receive $1,000. The estimated initial value was $981.57 per $1,000 principal on the Pricing Date.
The Bank of Montreal is offering US$2,140,000 in Senior Medium-Term Notes, Series K — autocallable barrier notes with memory coupons linked to the least performing of META and TSLA. Pricing date is June 17, 2026, settlement June 23, 2026, valuation date June 20, 2029, and maturity June 25, 2029. Coupons are contingent: $40.625 per $1,000 (4.0625% per quarter, ~16.25% p.a.) if each reference asset closes at or above a 50% Coupon Barrier on an Observation Date. The notes autocall if both reference assets close at or above their Call Level (100% of Initial Level) on an Observation Date; at maturity investors receive principal unless a Trigger Event (Final Level below a 50% Trigger Level for either reference asset) reduces the cash payoff proportionally to the Least Performing Reference Asset.
Bank of Montreal is offering $1,500,000 of Senior Medium-Term Notes, Series K, a primary offering of redeemable fixed-rate debt. The Notes have a principal amount of $1,000 per Note, bear interest at 5.00% per annum payable semi-annually, are issued on June 23, 2026 and mature on June 23, 2031. The Notes are redeemable in whole, but not in part, on semi-annual Optional Redemption Dates commencing June 23, 2028 at 100% of principal plus accrued interest. The Notes are unsecured, not listed, and are bail-inable under the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under that regime. The original issue price is $1,000.00 per Note with an underwriting discount of $4.40 per Note.
Bank of Montreal (BMO) priced US$575,000 aggregate principal of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due June 22, 2029. The notes link to the least performing of AMD, DELL Class C and QCOM and pay contingent monthly coupons of 2.1917% per month (approximately 26.30% per annum) if each reference asset on an Observation Date is at or above its Coupon Barrier Level.
If an Observation Date meets the Call Level (100% of Initial Level) beginning June 16, 2027, the notes auto‑redeem and pay principal plus any due contingent coupons. At maturity, if a Trigger Event has occurred and the Final Level of the least performing reference asset is below its Initial Level, repayment is reduced pro rata by the percentage decline of that least performing asset. The estimated initial value on the Pricing Date was $949.63 per $1,000 principal.
Bank of Montreal priced US$566,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due June 22, 2029. The notes reference the least performing common stock of Broadcom Inc., Marvell Technology, Inc. and Oracle Corporation and pay a contingent coupon of 2.0417% per month (approximately 24.50% per annum) if monthly coupon-barrier conditions are met. The public offering price was effectively par for most investors; estimated initial value was $943.23 per $1,000 on the Pricing Date. The notes are unsecured senior obligations of the Bank and may be automatically redeemed beginning June 16, 2027 if each reference asset meets its call level.