BMO - Public offerings

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Feb. 26, 2025 /CNW/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced a domestic public offering of $1.25 billion of subordinated notes (Non-Viability Contingent Capital (NVCC)) (the "Notes") through its Canadian Medium-Term Note Program. The net proceeds from this offering will be added to the general funds of the Bank and will be utilized for general banking purposes, which may include the redemption of outstanding capital securities of the Bank, and/or the repayment of other outstanding liabilities of the Bank. The Notes bear interest at a fixed rate of 4.077 per cent per annum (paid

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, June 25, 2024 /CNW/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced a domestic public offering of $1.00 billion of subordinated notes (Non-Viability Contingent Capital (NVCC)) (the "Notes") through its Canadian Medium-Term Note Program. The net proceeds from this offering will be added to the general funds of the Bank and will be utilized for general banking purposes, which may include the redemption of outstanding capital securities of the Bank, and/or the repayment of other outstanding liabilities of the Bank. The Notes bear interest at a fixed rate of 4.976 per cent per annum (paid

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 30, 2023 /CNW/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced a domestic public offering of $1.15 billion of subordinated notes (Non-Viability Contingent Capital (NVCC)) (the "Notes") through its Canadian Medium-Term Note Program. The net proceeds from this offering will be used for general banking purposes. The Notes bear interest at a fixed rate of 6.034 per cent per annum (paid semi-annually) until September 7, 2028, and at Daily Compounded CORRA plus 2.02 per cent thereafter (paid quarterly) until their maturity on September 7, 2033. The expected closing date is September 7,

BMO's First Quarter 2023 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended January 31, 2023, is available online at www.bmo.com/investorrelations and at www.sedar.com. Financial Results Highlights First Quarter 2023 Compared with First Quarter 2022: Net income of $247 million, compared with $2,933 million; adjusted net income1,3 of $2,272 million, compared with $2,584 millionReported earnings per share (EPS)2 of $0.30, compared with $4.43; adjusted EPS1,2,3 of $3.22, compared with $3.89Provision for credit losses (PCL) of $217 million, compared with a recovery of the provision for credit losses of $99 millionReturn on equity (ROE)

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Jan. 24, 2023 /CNW/ - Bank of Montreal (TSX:BMO, NYSE:BMO, Bank", ))) today announced a domestic public offering of $650 million of Non-Cumulative 5-Year Fixed Rate Reset Class B Preferred Shares, Series 52 (Non-Viability Contingent Capital (NVCC)) (the "Preferred Shares Series 52"). The Preferred Shares Series 52 will be issued to certain institutional investors at a price of $1,000 per share. Holders will be entitled to receive non-cumulative preferential fixed semi-annual dividends, as and when declared by the Board of Directors of the Bank, payable in the amount of $70.57 per share per annum

TORONTO and MONTREAL, Dec. 16, 2022 /PRNewswire/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) (the "Bank") today announced that it has completed its previously announced issue and sale of common shares pursuant to a public offering and a concurrent private placement to investors at a price of C$118.60 per common share for gross proceeds totaling approximately C$2.6 billion, consisting of approximately C$1.6 billion of gross proceeds from the public offering and approximately C$1.0 billion of gross proceeds from the concurrent private placement to investors, other than BNP Paribas S.A. ("BNPP"). The syndicate of underwriters in the public offering elected to exercise its over-allotment option in f

TORONTO and MONTREAL, Dec. 12, 2022 /PRNewswire/ - Bank of Montreal (TSX:BMO)(NYSE:BMO) (the "Bank", "we" or "us") today announced the issue and sale of common shares pursuant to a public offering and a concurrent private placement for gross proceeds totaling approximately C$3.15 billion. This follows the announcement by the Office of the Superintendent for Financial Institutions ("OSFI") of its intention to increase the domestic stability buffer ("DSB") for Domestic Systemically Important Banks ("D-SIBs"). On December 8, 2022, OSFI announced that the DSB level will be set at 3.0% as of February 1, 2023. In addition, OSFI increased the DSB's range from 0% to 4.0%, from the previous range of

BMO's 2022 audited annual consolidated financial statements and accompanying Management Discussion and Analysis (MD&A) are available online at www.bmo.com/investorrelations and at www.sedar.com. Financial Results Highlights Fourth Quarter 2022 Compared with Fourth Quarter 2021: Net income of $4,483 million, compared with $2,159 million; adjusted net income1,3,4 of $2,136 million, compared with $2,226 millionReported earnings per share (EPS)2 of $6.51, compared with $3.23; adjusted EPS1,2,3,4 of $3.04, compared with $3.33Provision for credit losses (PCL) of $226 million, compared with a recovery of the provision for credit losses of $126 millionReturn on equity (ROE) of 27.6%, compared with 1

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Oct. 20, 2022 /CNW/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced a domestic public offering of $750 million of subordinated notes (Non-Viability Contingent Capital (NVCC)) (the "Notes") through its Canadian Medium-Term Note Program. The net proceeds from this offering will be used for general banking purposes. The Notes bear interest at a fixed rate of 6.534 per cent per annum (paid semi-annually) until October 27, 2027, and at Daily Compounded CORRA plus 2.70 per cent thereafter (paid quarterly) until their maturity on October 27, 2032. The expected closing date is October 27, 2022

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, July 20, 2022 /CNW/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) (or the "Bank") today announced a domestic public offering of $500 million of Non-Cumulative 5-Year Fixed Rate Reset Class B Preferred Shares, Series 50 (Non-Viability Contingent Capital (NVCC)) (the "Preferred Shares Series 50"). The Preferred Shares Series 50 will be issued to certain institutional investors at a price of $1,000 per share. Holders will be entitled to receive non-cumulative preferential fixed semi-annual dividends, as and when declared by the Board of Directors of the Bank, payable in the amount of $24.64400000 per s

BMO's Second Quarter 2022 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended April 30, 2022, is available online at www.bmo.com/investorrelations and at www.sedar.com. Financial Results Highlights Second Quarter 2022 Compared With Second Quarter 2021: Net income of $4,756 million, an increase from $1,303 million; adjusted net income1,3 of $2,187 million, an increase of 4% from $2,095 millionReported earnings per share (EPS)2 of $7.13, an increase from $1.91; adjusted EPS1,2,3 of $3.23, an increase of 3% from $3.13Provision for credit losses (PCL) of $50 million, compared with $60 millionReturn on equity (ROE) of 34.5%, compared with

TORONTO, March 29, 2022 /PRNewswire/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) (the "Bank") today announced that it has completed its previously announced offering of common shares at a price of CAD$149.00 per common share. The syndicate of underwriters elected to exercise its over-allotment option in full, resulting in a total of 20,843,750 common shares being issued today for total gross proceeds of CAD$3.1 billion. The offering was underwritten on a bought deal basis by the syndicate of underwriters. The common shares issued are listed on the Toronto Stock Exchange and the New York Stock Exchange. The common shares sold pursuant to the offering have not been, and will not be, registered und

TORONTO, March 28, 2022 /CNW/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) (the "Bank") today announced that it has completed its previously announced offering of common shares at a price of $149.00 per common share. The syndicate of underwriters elected to exercise its over-allotment option in full, resulting in a total of 20,843,750 common shares being issued today for total gross proceeds of $3.1 billion. The offering was underwritten on a bought deal basis by the syndicate of underwriters. The common shares issued are listed on the Toronto Stock Exchange and the New York Stock Exchange. The common shares sold pursuant to the offering have not been, and will not be, registered under the U.S. S

TORONTO, March 22, 2022 /PRNewswire/ - Bank of Montreal (TSX:BMO)(NYSE:BMO) (the "Bank") today announced a public offering of 18,125,000 common shares at a price of CAD$149.00 per common share for total gross proceeds of CAD$2.70 billion. The offering is being underwritten on a bought-deal basis by a syndicate of underwriters. The Bank has granted to the underwriters an option to purchase up to an additional 2,718,750 common shares at a price of CAD$149.00 per common share exercisable at any time up to 30 days after closing of the offering. The Bank intends to use the net proceeds from the offering to finance a portion of the purchase price for its previously-announced acquisition of Bank of

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, March 22, 2022 /CNW/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) (the "Bank") today announced a public offering of 18,125,000 common shares at a price of $149.00 per common share for total gross proceeds of $2.70 billion. The offering is being underwritten on a bought-deal basis by a syndicate of underwriters led by BMO Capital Markets. The Bank has granted to the underwriters an option to purchase up to an additional 2,718,750 common shares at a price of $149.00 per common share exercisable at any time up to 30 days after closing of the offering. The Bank intends to use the net proceeds from the

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, July 15, 2021 /CNW/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced a domestic public offering of $1.00 billion of subordinated notes (Non-Viability Contingent Capital (NVCC)) (the "Notes") through its Canadian Medium-Term Note Program. The net proceeds from this offering will be used for general banking purposes. The Notes bear interest at a fixed rate of 1.928 per cent per annum (paid semi-annually) until July 22, 2026, and at the 3-month CDOR plus 0.59 per cent thereafter (paid quarterly) until their maturity on July 22, 2031. The expected closing date is July 22, 2021. BMO Capita