Bank of Montreal (issuer) is offering US$1,000,000 aggregate principal of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons — linked to the common stock of QXO, Inc. The notes pay a contingent coupon of 3.50% per quarter (approximately 14.00% per year) when the Reference Asset closes at or above the Coupon Barrier Level of $9.81 (50.00% of the Initial Level). The Initial Level is $19.61. The notes may be automatically redeemed if the Reference Asset closes at or above the Call Level ($19.61) on an Observation Date, beginning October 27, 2026. If not called, maturity is April 30, 2029, and principal repayment depends on the Final Level versus the Trigger Level ($9.81); a Trigger Event (Final Level below Trigger Level) can reduce the principal received at maturity. The estimated initial value on the Pricing Date was $956.86 per $1,000.
Bank of Montreal priced US$606,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the common stock of Lattice Semiconductor Corporation. The notes pay a quarterly Coupon of 2.95% (approximately 11.80% per annum), have an Initial Level of $113.91, a Trigger Level of $56.96 (50.00% of Initial Level) and mature on April 30, 2029. Beginning on October 27, 2026, the notes will be automatically redeemed on a Call Observation Date if the Reference Asset closes above its Call Level; if not called, maturity payment is cash and depends on the Final Level on the Valuation Date. The estimated initial value on the Pricing Date was $959.39 per $1,000 in principal amount.
Bank of Montreal priced US$2,014,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Williams‑Sonoma, Inc. (WSM). The notes priced on April 28, 2026, settle April 30, 2026 and mature April 30, 2029. They pay a contingent quarterly coupon of 2.95% (≈11.80% per annum) when the Reference Asset meets the Coupon Barrier Level of $93.70 (50.00% of the Initial Level). The notes are automatically redeemable if the Reference Asset closes at or above the Call Level (100% of Initial Level) on an Observation Date; at maturity investors receive cash tied to the Final Level and may incur principal loss if a Trigger Event occurs (Final Level < $93.70). The estimated initial value on the Pricing Date was $964.11 per $1,000.
Bank of Montreal priced US$2,592,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®.
The notes pay a 1.875% per quarter contingent coupon (about 7.50% per annum) when each reference asset on an Observation Date is at or above its Coupon Barrier Level (60.00% of the Initial Level). The notes may be automatically redeemed beginning on October 27, 2026 if each reference asset closes at or above its Call Level (100% of Initial Level) on an Observation Date. At maturity on April 30, 2029, if not called, the payment depends on the percentage change of the least performing reference asset and may result in a principal loss if a Trigger Event occurs (Final Level below the Trigger Level, equal to 60.00% of Initial Level).
The estimated initial value on the Pricing Date was $969.42 per $1,000 principal; public offering price to investors was between $975 and $1,000 per $1,000. The notes are unsecured obligations of Bank of Montreal, not FDIC- or CDIC-insured.
Bank of Montreal is pricing Senior Medium-Term Notes, Series K, Redeemable Fixed Rate Notes due May 14, 2031. The notes are issued at $1,000 per note with an interest rate of 5.00% per annum, semi-annual interest payments beginning November 14, 2026, and an Issue Date of May 14, 2026. The notes are redeemable at the issuer's option on semi-annual Optional Redemption Dates commencing May 14, 2027 at 100% of principal plus accrued interest. The original issue price is $1,000.00 with an underwriting discount of $15.00, leaving proceeds to Bank of Montreal of $985.00 per note. The notes are unsecured, not listed, and are bail-inable under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act, which permits conversion into common shares under the Canadian bail-in regime.
Bank of Montreal is offering structured, cash‑settled notes linked to the MSCI EAFE Index with a stated maturity of June 23, 2028 (subject to postponement). Each note has a $1,000 principal amount and a capped upside: a 160% upside participation rate up to a $1,342.08 maximum settlement per note.
If the final index level is at or above the cap level, investors receive the maximum settlement amount. If the final index level is between the initial level and the cap, holders receive principal plus 160% of the index return (subject to the cap). If the final index level is at or above the buffer level (85.00% of the initial level) but not higher than the initial level, holders receive principal. If below the buffer level, holders incur a downside loss equal to approximately 1.1765% of principal for every 1.00% decline below the buffer. The estimated initial value on the trade date was $990.89 per $1,000 note. Total original issue proceeds shown equal $2,413,000.00.
Bank of Montreal is pricing Senior Medium-Term Notes, Series K, redeemable fixed-rate notes due May 14, 2036. Each Note has a principal amount of $1,000 per Note, a fixed interest rate of 5.25% per annum paid semi‑annually, and pays $1,000 at maturity unless redeemed earlier. The Notes are redeemable in whole on semi‑annual Optional Redemption Dates at 100% of principal plus accrued interest. The original issue price per Note is $1,000.00 with an underwriting discount of $20.00, leaving proceeds to Bank of Montreal of $980.00 per Note. The Notes are bail‑inable and subject to possible conversion into common shares under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act.
Bank of Montreal (BMO) priced US$807,000 of Senior Medium-Term Notes, Series K: Capped Buffer Enhanced Return Notes due April 28, 2028, linked to the S&P 500® Index. The notes offer 150.00% upside participation subject to a $1,165.00 Maximum Redemption Amount per $1,000 principal. If the index declines by more than the 20.00% buffer from the Initial Level (4/27/2026 close: 7,173.91), investors incur a dollar-for-dollar loss beyond that buffer, up to 80.00% of principal. The initial estimated value was $974.21 per $1,000. All payments are subject to BMO credit risk; the notes are unsecured, non-interest-bearing, and will not be listed.
Bank of Montreal is offering Capped Buffer GEARS, senior unsecured notes linked to the S&P 500® Index maturing May 2, 2028. Each $10 security returns $10 plus an upside payment if the index gains (subject to a 24.50% Maximum Gain and 2.0 Upside Gearing). If the S&P 500 falls below a 90% Downside Threshold (a 10% Buffer), investors suffer 1:1 losses beyond the Buffer. The offering size is $5,900,100 and the estimated initial value per security was $9.97 on the Trade Date. Payments depend on the Final Valuation Date and are subject to Bank of Montreal credit risk and U.S. federal income tax uncertainty.
Bank of Montreal priced a US$1,804,000 issuance of Senior Medium‑Term Notes, Series K: Capped Contingent Risk Absolute Return Buffer Notes linked to the S&P 500® Index due April 30, 2031. The notes provide 175.00% upside and downside leverage subject to a Maximum Redemption Amount of $1,450.00 per $1,000 and a Buffer Level of 80.00% (5,739.13) of the Initial Level (Initial Level: 7,173.91).
The structure pays no interest and offers a leveraged positive return if the index rises or falls within the buffer, capped at specified maximums; 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%. Payments at maturity are unsecured obligations of Bank of Montreal and all payments are subject to the Bank’s credit risk.