Company Overview
Bank of Montreal is a Canadian diversified banking and financial services group and the oldest bank in Canada. It was founded on 23 June 1817 in Montreal, Quebec, when a group of merchants signed the articles of association for what was then called the Montreal Bank. The group retains its head office in Montreal and has maintained its operational headquarters and executive offices in Toronto since 1977.
The bank, which trades as BMO, serves roughly 13 million customers across Canada and the United States and is the eighth largest bank in North America by assets, with total assets of 1.37 trillion Canadian dollars as of April 2024. It is listed on both the Toronto Stock Exchange and the New York Stock Exchange under the ticker BMO, and is widely held with no controlling parent.
Bank of Montreal reported record net income of 2.7 billion Canadian dollars for the second quarter of its 2026 financial year, with adjusted earnings per share of 3.67 Canadian dollars, up 40 percent year on year, and return on equity of 13.5 percent. The group set its third quarter 2026 dividend at 1.71 Canadian dollars per common share. Darryl White serves as chief executive.
Recent Leadership News
Executive Moves has not yet published a leadership appointment at Bank of Montreal. This section updates as coverage is added.
Facts compiled by Executive Moves from publicly available news and press releases on 16 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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