Bank of Montreal (BMO)

85.78 +1.23 (+1.45%) At close: 04:00PM EDT

Bank of Montreal

129 rue Saint-Jacques
Montreal, QC H2Y 1L6
Canada

https://www.bmo.com

Sector(s): Financial Services
Industry: Banks—Diversified
Full-time employees: 46,722

Key executives

Name	Title	Pay	Exercised	Year born
Mr. William Darryl White	CEO & Director	3.45M	N/A	1972
Mr. Tayfun Tuzun	Chief Financial Officer	5.33M	N/A	1965
Mr. Cameron Fowler	Chief Strategy & Operations Officer	1.91M	N/A	N/A
Mr. Thomas Earl Flynn	Vice Chairman	1.12M	N/A	1964
Mr. David Robert Casper	Group Head of North American Commercial Banking & CEO of BMO Financial Corp	1.7M	N/A	N/A
Mr. Daniel Barclay	CEO & Group Head of BMO Capital Markets	2.64M	N/A	N/A
Mr. Steve Tennyson C.F.A.	Chief Technology & Operations Officer	N/A	N/A	N/A
Ms. Sharon Marie Haward-Laird	Gen. Counsel	N/A	N/A	N/A
Ms. Kimberley Crews Goode	Chief Communications & Social Impact Officer	N/A	N/A	N/A
Ms. Catherine Margaret Roche	Head of Marketing & Strategy	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Bank of Montreal engages in the provision of diversified financial services primarily in North America. The company's personal banking products and services include checking and savings accounts, credit cards, mortgages, personal loans, small business lending, cash management, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, specialized banking programs, treasury and payment solutions, and risk management products for small business and commercial banking customers. It also offers investment and wealth advisory services; digital investing services; financial services and solutions; and investment management, and trust and custody services. In addition, the company provides life, accident, and sickness insurance, and annuity products; creditor and travel insurance to bank customers; and reinsurance solutions. Further, it offers client's debt and equity capital-raising services, as well as loan origination and syndication, balance sheet management, and treasury management; strategic advice on mergers and acquisitions, restructurings, and recapitalizations; and trade finance, risk mitigation, and other operating services. Additionally, the company provides research and access to markets for institutional, corporate, and retail clients; trading solutions that include debt, foreign exchange, interest rate, credit, equity, securitization, and commodities; new product development and origination services, as well as risk management and advisory services to hedge against fluctuations; and funding and liquidity management services to its clients. As of October 31, 2022, it operated approximately 1,300 bank branches and 4,700 automated banking machines, as well as online and mobile digital banking platforms. Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada.

Corporate governance

Bank of Montreal’s ISS governance QualityScore as of 1 February 2023 is 1. The pillar scores are Audit: 2; Board: 2; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.