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BMO Bank, N.A. (colloquially BMO; US: / b iː m oʊ /) is an American national bank that is headquartered in Chicago, Illinois.It is the U.S. subsidiary of the Toronto-based multinational investment bank and financial services company Bank of Montreal, which owns it through the holding company BMO Financial Corporation (formerly Bankmont Financial Corporation, then Harris Financial Corporation).
The bank was established on 23 June 1817 [11] when a group of merchants signed the Articles of Association, formally creating the "Montreal Bank". [4] The signors of the document include Robert Armour, John C. Bush, Austin Cuvillier, George Garden, Horatio Gates, James Leslie, George Moffatt, John Richardson, and Thomas A. Turner.
The Bank of New York Mellon: New York City: $428 8.5% $40.03 BK 14 State Street Corporation: Boston, Massachusetts: $325 8.0% $23.90 STT 15 BMO USA: Chicago, Illinois [a] $293 7.9% $68.12 BMO 16 American Express: New York City: $272 7.0% $136.52 AXP 17 HSBC Bank USA: New York City [a] $229 10.9% $155.81 HSBC 18 Citizens Financial Group ...
On July 5, 2011, BMO Financial Group acquired Marshall & Ilsley Corporation through its subsidiary BMO Financial Corp. (formerly Harris Financial Corp). At the time of the acquisition, certain bank mergers also occurred. M&I Marshall & Ilsley Bank and M&I Bank N.A. (successor to M&I Bank FSB) merged into The Harris Bank N.A., forming BMO Harris ...
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Looking at Bank of Montreal's insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.
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Bank of the West was then owned by the French banking group BNP from 1979 to 2023. The acquisition of Bank of the West by the Canadian banking group Bank of Montreal (BMO) was completed in February 2023, with the intention of absorbing it into BMO's U.S. subsidiary BMO Harris Bank.