BMO Bank N.A.

Bank of Montreal (BMO) is an equity in the USA market. The price is currently 114.08 USD, with a change of -0.71 USD (-0.01%) from the previous close. The latest open price was 115.16 USD, and the intraday volume is 502,479.

The intraday high reached 114.87 USD, while the intraday low was 113.95 USD. The latest trade time recorded was Thursday, July 24, 14:20:01 PDT.

Company Overview

BMO Bank N.A., commonly known as BMO, is a prominent financial institution headquartered in Chicago, Illinois. As a subsidiary of the Canadian multinational Bank of Montreal, BMO operates as a U.S. national bank, offering a comprehensive suite of financial services.

History and Evolution

Established in 1882 as N.W. Harris & Co., the bank underwent several name changes, becoming Harris Trust and Savings Bank in 1907 and Harris Bank in 1972. In 1984, it was acquired by the Bank of Montreal, leading to its rebranding as BMO Harris Bank in 2011.

In 2023, following the acquisition of Bank of the West, the bank adopted the global "BMO" brand, transitioning to BMO Bank N.A.

Services and Offerings

BMO provides a wide array of financial products and services, including:

• Personal Banking: Checking and savings accounts, individual retirement accounts (IRAs), certificates of deposit (CDs), personal and auto loans, mortgages, home equity lines of credit, private student loans, refinancing, and credit cards.
• Commercial Banking: Treasury management, corporate lending, trade finance, and related services.
• Wealth Management: Financial analysis, insurance, investment banking, private equity, and wealth management services.

The bank also offers mobile and online banking solutions, providing customers with convenient access to their accounts and financial services.

Operations and Presence

BMO is one of the largest banks in the Midwest, operating over 600 branches and approximately 1,300 ATMs across multiple states.

These include:

• Illinois
• Iowa
• Wisconsin
• Indiana
• Kansas
• Missouri
• Minnesota
• Arizona
• Florida
• California

Headquarters and Office Locations

BMO's headquarters are located at 320 S. Canal Street, Chicago, IL 60606. The bank also has significant offices in:

• Milwaukee, Wisconsin – BMO Harris Financial Center at 770 North Water Street
• Indianapolis, Indiana – BMO Plaza

The BMO Tower, a 51-story skyscraper, opened in 2022 at the Chicago West Loop neighborhood, serving as the new headquarters.

Recent Developments

In February 2023, BMO acquired San Francisco-based Bank of the West from BNP Paribas, expanding its U.S. presence significantly. This strategic move enhanced BMO's footprint in the Western United States.

Presence in Chicago

BMO Bank N.A. is headquartered in Chicago, IL, USA, serving a broad spectrum of customers, from individuals to large corporations, and remains committed to providing comprehensive financial solutions and a strong U.S. banking presence.