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BMO Bank of Montreal

124.79
1.87 (1.52%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bank of Montreal TSX:BMO Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.87 1.52% 124.79 124.69 124.89 124.95 123.55 123.69 2,845,910 21:14:58

BMO Financial Group Increases US$ Prime Lending Rate to 7.00 Percent

02/11/2022 7:30pm

PR Newswire (US)


Bank of Montreal (TSX:BMO)
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From May 2022 to May 2024

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CHICAGO, Nov. 2, 2022 /PRNewswire/ - BMO Financial Group today announced that it is increasing its US$ prime lending rate from 6.25 percent to 7.00 percent, effective November 3, 2022.

About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $1.07 trillion as of July 31, 2022, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.

Cision View original content:https://www.prnewswire.com/news-releases/bmo-financial-group-increases-us-prime-lending-rate-to-7-00-percent-301666748.html

SOURCE BMO Financial Group

Copyright 2022 PR Newswire

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