Bank of Montreal priced US$1,000,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to Bloom Energy Corporation Class A common stock (BE). The notes mature on May 15, 2029, have an Initial Level of $258.64, and pay a contingent quarterly coupon of 8.75% per quarter (approximately 35.00% per annum) if the Reference Asset meets quarterly Coupon Barrier conditions. The notes are automatically redeemable beginning on November 11, 2026 if the Reference Asset closes above the Call Level. At maturity, if the Final Level is below the Trigger Level ($129.32, 50.00% of the Initial Level), investors receive a reduced cash payment equal to $1,000 × Percentage Change plus any unpaid contingent coupons under the Memory Coupon feature. The public offering price was 100% of principal (agents’ commission 2.35%), and the issuer’s estimated initial value was $945.67 per $1,000 principal.
Bank of Montreal is offering US$2,500,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons linked to the Class A common stock of Palantir Technologies Inc. (ticker: PLTR). The notes price at 100% of principal with proceeds to the bank of 97.65% ($2,441,250). Key dates: Pricing Date May 08, 2026, Settlement Date May 13, 2026, Valuation Date May 09, 2029, Maturity Date May 14, 2029.
The notes pay contingent quarterly coupons of 3.825% per quarter (~15.30% per annum) when the Reference Asset closes at or above the Coupon Barrier ($68.90, 50% of the Initial Level). They are autocallable beginning on November 11, 2026 if the Reference Asset meets the Call Level. At maturity, if the Final Level is below the Trigger Level ($68.90), investors receive $1,000 plus $1,000 x Percentage Change, which can be less than principal; physical shares will not be delivered.
Bank of Montreal priced US$265,000 aggregate principal of Senior Medium-Term Notes, Series K — Buffer Enhanced Return Notes due May 15, 2028, linked to the least performing of the S&P 500® and the NASDAQ-100®. The notes provide 105.00% upside leverage if the least performing reference asset finishes at or above its initial level. If the least performing reference asset falls more than 10.00% (the Buffer Percentage), investors lose 1% of principal for each additional 1% decline, with potential principal loss up to 90.00%. The notes were sold at 100% (public offering price) and bear no interest; all payments are subject to Bank of Montreal credit risk. The initial estimated value was $975.92 per $1,000.
Bank of Montreal (BMO) priced US$985,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the least performing of Mastercard (MA), American Express (AXP) and Visa (V). The Pricing Date was May 08, 2026, Settlement Date May 13, 2026, Valuation Date May 08, 2028 and Maturity Date May 11, 2028.
The notes pay a Contingent Interest Rate of 3.00% per quarter (approximately 12.00% per annum) when each Reference Asset closes on or above its Coupon Barrier Level on an Observation Date, and unpaid coupons can be paid later under the Memory Coupon Feature. The notes automatically redeem if, on any Observation Date beginning August 10, 2026, each Reference Asset closes at or above its Call Level (100% of Initial Level). If not called, maturity payment depends on the Least Performing Reference Asset: if its Final Level is at or above the Trigger Level (60% of Initial Level), investors receive par; if below, investors receive a Physical Delivery Amount (shares) or Cash Delivery Amount tied to the Least Performing Reference Asset. The pricing supplement discloses an estimated initial value of $982.40 per $1,000 principal.
Bank of Montreal priced Senior Medium-Term Notes, Series K — redeemable fixed-rate notes. The offering is structured as notes with a $1,000 principal amount per note, a 4.35% fixed interest rate paid semi-annually and a stated maturity of November 20, 2028. Interest payments commence November 20, 2026. The notes are redeemable by the issuer on semi-annual Optional Redemption Dates at 100% of principal plus accrued interest. The original issue price is $1,000.00 per note with an underwriting discount of $10.00, leaving proceeds of $990.00 per note to Bank of Montreal. These are unsecured, bail-inable notes subject to conversion under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act.
Bank of Montreal is offering structured, non‑interest bearing callable notes linked to the iShares® MSCI Emerging Markets ETF (EEM). Each note has a $1,000 principal amount and an original issue price of $1,000; proceeds to the issuer are listed as $980 per note.
The notes may be automatically called ~12–14 months after the trade date for a cash payment equal to principal plus a call premium (12.22%–14.34%). If not called, final payout at expected ~24 months depends on the ETF's performance: investors receive either (a) principal plus the greater of a maturity premium (24.44%–28.68%) or 200% of the ETF return if the ETF finishes at or above its initial level; (b) full principal if the final level is ≥80% of the initial level; or (c) a proportional loss equal to the percentage decline below the initial level if the final level is below 80% (i.e., full downside exposure).
Bank of Montreal priced $627,000 of Senior Medium-Term Notes, Series K, redeemable fixed rate notes due April 29, 2031. The Notes pay a 4.55% fixed annual interest, pay semi-annually, are issued in $1,000 denominations and are redeemable by the Bank on semi-annual Optional Redemption Dates beginning May 13, 2027. The Notes are bail-inable under the CDIC Act and are unsecured obligations subject to the Bank’s credit risk.
Bank of Montreal (BMO) priced $323,000 aggregate Senior Medium-Term Notes, Series K, fixed-rate, with a 4.80% per annum coupon. The Notes pay interest semi‑annually, mature on April 29, 2033, and are redeemable at the issuer's option on semi‑annual Optional Redemption Dates at 100% of principal.
The Notes are bail-inable under Canadian law (subsection 39.2(2.3) of the CDIC Act) and may be converted, in whole or in part, into common shares under that regime. The offering was sold at an original issue price of $1,000.00 per Note with an underwriting discount of $12.00 per Note, yielding proceeds to the issuer of $988.00 per Note (total proceeds $319,124.00).
Bank of Montreal offers Market Linked Securities linked to Oklo Inc. common stock with an auto-callable, contingent-coupon and principal-at-risk structure. The securities have a face amount of $1,000 per security and were offered at $1,000 per security, aggregating $4,563,000 in original offering price.
The securities pay monthly contingent coupons at a 32.50% per annum rate if the Underlier meets the coupon threshold of $43.506 (60% of the starting value $72.51). If not called, maturity pays $1,000 if the ending value is >= the downside threshold ($43.506), or $1,000 × (ending/starting) if below, exposing holders to full downside past 40% loss.
BMO Financial Group has signed a definitive agreement to sell its Transportation Finance and Vendor Finance businesses, including related U.S. and Canadian loan and lease portfolios totaling approximately C$14.5 billion as of March 31, 2026, to Stonepeak.
Stonepeak will pay cash plus a potential earnout tied to future performance, and BMO will reinvest part of the proceeds for an approximate 19.9% equity interest in the new entity. BMO expects to classify the businesses as held for sale and record a net after-tax charge of about C$0.9 billion in the third quarter of 2026, mainly related to goodwill. On a pro forma basis, the deal is expected to improve BMO’s common equity Tier 1 capital ratio by about 28 basis points and be accretive to return on equity, with little effect on future run-rate earnings. Closing is targeted for the fourth quarter of fiscal 2026, subject to regulatory approvals and customary conditions.