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BMO Financial Group (TSX, NYSE: BMO)

BMO is the fourth largest of Canada’s Big Five banks with $672 billion in assets as of July 31, 2015. Established in 1817, BMO Financial Group has more than 47,000 employees and provides a broad range of retail banking, wealth management, and investment banking products and services to more than 12 million customers. It conducts business through three operating groups: Personal and Commercial Banking, Wealth Management, and BMO Capital Markets. The company also has a strong presence in the US Midwest through BMO Harris Bank and BMO Private Bank.


Income Investor

The price is attractive, and the yield is excellent. But let’s see how BMO digests Bank of the West over the next few quarters. - Gordon Pape

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BMO was first recommended here on September 26, 2015