Bank of Montreal priced a series of Market Linked Senior Medium-Term Notes (Series K) — auto-callable, contingent coupon securities due June 29, 2029 — with an original offering price of $1,000 per security and an estimated initial value of $956.59 per security.
The securities pay a contingent coupon rate of 19.90% per annum monthly (with a memory feature), reference the lowest performing of BlackRock (BLK), IBM, and Palantir (PLTR), and are subject to automatic early call if the lowest performing underlier meets its call threshold on certain monthly observation dates. The pricing date was June 26, 2026, issue date July 1, 2026, and aggregate original offering price shown is $2,526,000.00.
Bank of Montreal (BMO) is offering Capped Notes linked to the common stock of NVIDIA Corporation (NVDA) due June 30, 2028. Each unit has a $10 principal and a $10.00 public offering price. The notes pay a 1-to-1 participation in positive NVDA returns up to a Capped Value of $15.70 per unit (a 57.00% return). If NVDA declines but remains at or above the Threshold Value of $156.59 (80% of the Starting Value), holders receive a positive payoff equal to the absolute percentage decline; below the Threshold Value, holders suffer losses of principal. The notes are unsecured senior debt of BMO, subject to BMO credit risk, not FDIC/CDIC insured, and include an underwriting discount and a hedging-related charge that reduce economic terms. The scheduled Calculation Day is June 23, 2028. The initial estimated value at pricing was $9.74 per unit; the public offering price is $10.00 per unit. Prospective purchasers should review the Note Prospectus, risk factors, and tax discussion before investing.
Bank of Montreal is offering US$1,272,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Enhanced Return Notes due June 29, 2029 — linked to the least performing of the Dow Jones Industrial Average®, the NASDAQ-100 Index® and the Russell 2000® Index. The notes pay no interest and are callable on June 30, 2027 if each reference asset is above its Call Level (100% of initial). If called, investors receive principal plus a Call Amount of $170.00 per $1,000 (about 17.00% per annum). If not called, payoff depends on the Least Performing Reference Asset with a 175.00% Upside Leverage Factor above initial and a Barrier at 70.00% of initial; declines below the Barrier expose investors to principal loss on a 1:1 basis. All payments are subject to the issuer credit risk of Bank of Montreal. The initial estimated value was $946.92 per $1,000; price to public is 100%.
The Bank of Montreal is offering Capped Leveraged Index Return Notes® linked to the State Street SPDR S&P Regional Banking ETF (ticker: KRE), due June 30, 2028. The notes have a $10 principal per unit, a public offering price of $10.00 and an initial estimated value of $9.73 per unit. They provide a 200% participation rate in positive performance of the Underlying Fund up to a Capped Value of $13.36 per unit and protect principal only if the Ending Value remains at or above the Threshold Value of $67.29 (90% of the Starting Value). Payments depend on the Underlying Fund performance and BMO’s creditworthiness; the notes are unsecured, not insured, and include an underwriting discount of $0.20 and a hedging-related charge of $0.05 per unit.
Bank of Montreal priced US$341,000 of Senior Medium-Term Notes, Series K — Digital Return Barrier Notes due May 31, 2028. The notes pay a Digital Return of 18.50% at maturity if the Least Performing Reference Asset (the lower of the S&P 500, NASDAQ-100 and Russell 2000) finishes at or above 70.00% of its June 25, 2026 initial level. If the Least Performing Reference Asset falls below the 70.00% barrier, payoff equals principal adjusted by the Percentage Change of that Least Performing Reference Asset, producing losses of 1% of principal per 1% decline below the initial level (up to full principal loss). The Pricing Date is June 25, 2026, Settlement Date June 30, 2026, Valuation Date May 25, 2028. All payments are unsecured obligations of Bank of Montreal and subject to its credit risk. The issuer’s estimated initial value was $957.31 per $1,000; price to public equals 100%.
Bank of Montreal is offering US$1,283,000 of Senior Medium-Term Notes, Series K — Buffer Enhanced Return Notes due June 30, 2031, linked to the S&P 500® Futures Excess Return Index. The notes provide 169.00% upside leverage if the Reference Asset finishes at or above its Initial Level of 590.78. A buffer equal to 20.00% (Buffer Level 472.62) protects investors from losses up to that decline; if the Reference Asset falls beyond the buffer, investors lose 1% of principal for each 1% decline beyond 20.00%, with potential principal loss up to 80.00%. The estimated initial value was $945.87 per $1,000 principal amount on the Pricing Date. The notes pay no interest, are unsecured obligations of the Bank of Montreal and are subject to the Bank’s credit risk. Payments are subject to market disruption and calculation agent adjustments.
Bank of Montreal is offering US$1,147,000 of Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes due June 30, 2028. The notes provide 150.00% upside leverage on S&P 500® appreciation subject to a 15.00% maximum return (Maximum Redemption Amount $1,150.00 per $1,000). If the S&P 500® falls more than 20.00% from the Initial Level, investors lose 1% of principal for each 1% decline beyond 20.00%, permitting up to an 80.00% principal loss. The notes pay no interest, are unsecured obligations of Bank of Montreal, and all payments are subject to the Bank's credit risk. The Pricing Date was June 25, 2026, Settlement Date June 30, 2026, Valuation Date June 27, 2028.
The Bank of Montreal is offering Capped Buffer GEARS, senior unsecured notes linked to the S&P 500® Index maturing on June 29, 2028. The notes have a $10 principal amount per security, an Upside Gearing of 2.0%, a Maximum Gain of 20.15% (Maximum Payment at Maturity of $12.015) and a Buffer of 10% (Downside Threshold = 6,618.62, which is 90% of the Initial Underlier Value). The offering size shown on the cover is $16,344,830.00 with proceeds to the issuer of $16,017,933.40. The securities provide upside participation subject to a capped gain and expose holders to 1-for-1 downside beyond the 10% buffer; all payments are subject to the credit risk of Bank of Montreal.
Bank of Montreal priced US$896,000 Senior Medium‑Term Notes, Series K—market‑linked notes due June 30, 2028—linked to the least performing of the S&P 500® and the Russell 2000®. The notes pay no interest and deliver at maturity either principal or an upside participation subject to a Maximum Redemption Amount of $1,130.00 per $1,000 principal (a 13.00% cap).
Mechanics: if the Least Performing Reference Asset finishes above its Initial Level, the payoff equals $1,000 plus the Percentage Change times a 100.00% Upside Leverage Factor, capped at the Maximum Redemption Amount; if it finishes at or below its Initial Level, investors receive $1,000. Payments are unsecured obligations of Bank of Montreal and subject to the issuer’s credit risk. The pricing supplement states an estimated initial value of $971.35 per $1,000.
Bank of Montreal (BMO) priced US$135,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons linked to the S&P 500, Russell 2000 and the Dow Jones Industrial Average. The notes price at 100% ($1,000 per $1,000) with an estimated initial value of $945.23 per $1,000. Coupons are contingent quarterly at 1.65% per quarter (approximately 6.60% per annum) if each reference asset on an Observation Date is at or above its Coupon Barrier Level (70% of Initial Level). The notes settle on June 30, 2026 and mature on June 30, 2031; automatic redemption may occur annually beginning on June 25, 2027 if each reference asset is at or above its Call Level (100% of Initial Level). At maturity, if a Trigger Event occurs (the Final Level of any reference asset is below its Trigger Level), holders receive a return tied to the least performing reference asset and may receive less than principal, potentially zero. The notes are unsecured obligations of the Bank and are not FDIC- or CDIC-insured.