TSX:BMOBanks
Bank Of Montreal (TSX:BMO) Is Back In The Spotlight But Why?
Bank of Montreal (TSX:BMO) has been active in the debt markets, filing a large US$75b shelf registration and issuing new U.S. dollar, Canadian dollar and sterling notes across multiple maturities.
Despite all this balance sheet activity, Bank of Montreal’s share price has cooled in the near term, with a 1‑month share price return down 6.28%, even as the year to date share price return is 33.08% and the 5‑year total shareholder return is 138.46%. This suggests longer term momentum remains...