BMO’s prime rate was lowered to 4.95% on March 13, 2025, following the latest Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products ...

It’s the eighth largest bank in North America, with total assets of more than $1 trillion. BMO’s GIC offerings are in line with Canada’s other Big Banks in terms of interest rates ...

BMO, one of North America's largest banks by assets, has a vast network of branches and ATMs, with over 1,000 physical ...

Despite external challenges, BMO’s internal metrics are encouraging. As of the first quarter of its fiscal year 2025, the bank reported an impressive 21% year-over-year increase in adjusted net income ...

Stricter guidelines have kicked in for a handful of self-employed workers when it comes time to renew their mortgages. At least, if their mortgage is with BMO bank.