Bank of Montreal Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:BMO Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
02 Mar 26	BuyCA$67,613	Tammy Brown	Individual	350	CA$193.18
02 Mar 26	SellCA$3,679,127	Darrel Hackett	Individual	18,478	CA$199.11
05 Jan 26	BuyCA$60,034	Hazel Claxton	Individual	325	CA$184.72

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of BMO?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	128,055	0.0183%
Individual Insiders	283,841	0.0405%
State or Government	402,401	0.0575%
General Public	341,535,938	48.8%
Institutions	358,066,384	51.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 36.24% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
4%	BMO Asset Management Corp.	27,990,098	CA$6.4b	-0.62%	1.4%
2.9%	Vanguard Capital Management, LLC	20,280,840	CA$4.6b	0%	0.06%
2.74%	RBC Global Asset Management Inc.	19,192,065	CA$4.4b	13.3%	1.39%
2.73%	TD Asset Management, Inc.	19,086,601	CA$4.4b	-1.48%	1.82%
2.37%	Royal Bank of Canada	16,633,832	CA$3.8b	7.93%	1.05%
2.18%	RBC Dominion Securities Inc.	15,282,087	CA$3.5b	-5.7%	2.28%
1.88%	Canadian Imperial Bank of Commerce	13,185,798	CA$3.0b	5.05%	3.28%
1.64%	Fidelity International Ltd	11,494,233	CA$2.6b	21.7%	0.61%
1.54%	National Bank Investments Inc.	10,760,298	CA$2.5b	-2.21%	1.49%
1.37%	1832 Asset Management L.P.	9,599,929	CA$2.2b	-7.85%	1.48%
1.23%	Mackenzie Financial Corporation	8,582,188	CA$2.0b	-7.65%	1.21%
1.16%	Norges Bank Investment Management	8,156,958	CA$1.9b	0%	0.08%
1.04%	Geode Capital Management, LLC	7,312,069	CA$1.7b	4.01%	0.06%
1.04%	FMR LLC	7,282,240	CA$1.7b	10.5%	0.05%
0.97%	CIBC Asset Management Inc.	6,780,318	CA$1.6b	8.7%	1.43%
0.89%	Canada Pension Plan Investment Board	6,238,876	CA$1.4b	-1.37%	0.42%
0.89%	Vanguard Fiduciary Trust Company	6,235,690	CA$1.4b	-3.35%	0.13%
0.88%	The Toronto-Dominion Bank	6,197,393	CA$1.4b	-29.7%	1.35%
0.83%	Jarislowsky, Fraser Limited	5,833,830	CA$1.3b	0%	4.91%
0.77%	La Caisse de dépôt et placement du Québec	5,419,567	CA$1.2b	0%	0.72%
0.72%	The Bank of Nova Scotia	5,031,338	CA$1.2b	-15.6%	1.13%
0.71%	Vanguard Global Advisers, LLC	4,984,278	CA$1.1b	6.73%	0.34%
0.66%	Legal & General Investment Management Limited	4,603,151	CA$1.1b	1.16%	0.13%
0.57%	Fédération des caisses Desjardins du Québec	3,998,880	CA$916.7m	18.4%	2.66%
0.53%	Dimensional Fund Advisors LP	3,688,644	CA$845.6m	2.78%	0.07%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/08 17:34
End of Day Share Price	2026/06/05 00:00
Earnings	2026/04/30
Annual Earnings	2025/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bank of Montreal is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Will Chien	Accountability Research Corporation
Lemar Persaud	ATB Cormark Historical (Cormark Securities)
Brian Morton	Barclays