Understanding BMO Ownership: Who Owns BMO Financial Group?
Learn about the ownership structure of BMO Financial Group, also known as the Bank of Montreal, and its shareholders.
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BMO Financial Group, also known as the Bank of Montreal, is publicly owned. It trades on the Toronto Stock Exchange (TSX: BMO) and the New York Stock Exchange (NYSE: BMO). Its ownership is distributed among individual and institutional shareholders. The largest proportion of its shares is held by institutional investors including fund managers and pension plans, making it a collectively owned entity by thousands of shareholders.
FAQs & Answers
- What is BMO Financial Group? BMO Financial Group, commonly known as the Bank of Montreal, is one of Canada's largest financial institutions, providing a range of banking and financial services.
- How is BMO owned? BMO is publicly owned and trades on both the Toronto Stock Exchange (TSX: BMO) and the New York Stock Exchange (NYSE: BMO), with ownership distributed among individual and institutional shareholders.
- Who are the major shareholders of BMO? The largest proportion of BMO's shares is held by institutional investors, including fund managers and pension plans, making it a collectively owned entity.
- Is BMO a private bank? No, BMO is a public company and is not privately owned. Its shares are available to the public for trading on major stock exchanges.