BMO Financial

BMO Financial Group is a premier North American financial services provider with deep historical roots dating back to 1817 when it was founded by Norman Wait Harris. Headquartered formally in Montreal, Quebec, and operationally in Toronto, Ontario, Canada, BMO has grown to become one of the most influential banking institutions in the financial sector.

Operating in Canada, the United States, and international markets spanning Europe and Asia, BMO Financial Group serves millions of customers through its extensive retail branches and diverse financial services. The company is recognized for its commitment to sustainability, innovation, and delivering comprehensive banking and wealth management products across multiple geographies.

When Was BMO Financial Group Established?

Founded: 1817
Founder: Norman Wait Harris
Headquarters: Montreal, Quebec (formal), Toronto, Ontario (operational), Canada
Industry: Financial Services
Number of Employees: 53,597 globally
Annual Revenue: C$32.8 billion (2024)
Net Income: C$7.33 billion (2024)
Total Assets: C$1.41 trillion (2024)

BMO Financial Group's Mission Statement

"To boldly grow the good in business and life."

What Is BMO Financial Group Known For?

BMO Financial Group is distinguished by its comprehensive suite of products and services that cater to both individual and corporate banking needs.

Personal and Commercial Banking

BMO offers a wide range of personal and business banking solutions including checking and savings accounts, loans, mortgages, and tailored financial advisory services, addressing the financial needs of millions of customers in Canada and the U.S.

Wealth Management

The company delivers wealth management services helping clients grow and manage assets through investment advisory, portfolio management, and trust services, supported by substantial assets under management totaling over C$422 billion.

Investment Banking

BMO provides investment banking services including corporate lending, capital markets, and advisory solutions, leveraging its strong North American presence to offer competitive and innovative financial products.

How Extensive Is BMO Financial Group's Global Footprint?

BMO Financial Group operates approximately 1,900 branches across Canada and the United States, serving over 13 million customers combined.

In Canada, BMO maintains 900 branches with 8 million customers. In the U.S., the bank operates 1,000 branches serving about 5 million customers. Beyond North America, BMO has offices and operations in 30 global locations across Europe, Asia, and other regions, employing roughly 2,700 people internationally.

Where Are BMO Financial Group's Main Locations?

BMO’s primary hubs include its formal head office in Montreal at 129 rue Saint Jacques and its operational headquarters in Toronto at 100 King Street West, First Canadian Place. The bank maintains a significant presence in key financial centers across Canada, the U.S., Europe, and Asia.

Who Owns BMO Financial Group?

BMO Financial Group is publicly traded with a market capitalization of approximately US$73 billion as of February 2025. It ranks as the 7th largest bank in North America by assets, competing directly with other major financial institutions in the region.

Is BMO Financial Group Currently Hiring?

You can check out the open positions that BMO Financial Group has right here on OysterLink.