Banks lower prime rates after Bank of Canada cuts interest rates again [Globe and Mail, The (Toronto, Canada)]
Bank Of Montreal (BMO)
Last bank of montreal earnings: 2/25 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
bmo.com/main/about-bmo/banking/investor-relations/home
Company Research
Source: Globe and Mail, The
Log in or create a free account to listen to this article. Canadian financial institutions are lowering their prime lending rates to match the half percentage point decrease announced today by the Bank of Canada All of the Big Six including Royal Bank of Canada RY-T increase , Toronto-Dominion Bank TD-T increase , Bank of Montreal BMO-T decrease , Canadian Imperial Bank of Commerce CM-T increase , Bank of Nova Scotia BNS-T decrease and National Bank of Canada NA-T increase said they are lowering their prime rate to 5.45 per cent, down from 5.95 per cent, effective Thursday. Other lenders including Desjardins Group and Laurentian Bank also announced lower rates. The Bank of Canada's cut to 3.25 per cent marks the fifth consecutive decrease this year after it started lowering its key rate from five per cent in June. Bank prime rates help determine the cost of a range of loans including variable-rate mortgages and lines of credit, while fixed mortgage rates are inf
Show less
Read more
Impact Snapshot
Event Time:
BMO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BMO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BMO alerts
High impacting Bank Of Montreal news events
Weekly update
A roundup of the hottest topics
BMO
News
- DIVIDEND 15 SPLIT CORP. II Monthly Dividend Declaration for Class A & Preferred Share [Yahoo! Finance]Yahoo! Finance
- Posthaste: Canadians plan to tighten their belts after the holidays [Yahoo! Finance Canada]Yahoo! Finance Canada
- Eastern Union Secures $24 Million Toward Refinancing of Newly Constructed, 57-Unit, Mixed-Use Property in Brooklyn's Flatbush Neighborhood [Yahoo! Finance]Yahoo! Finance
- Nearly one third of Canadians are planning to minimize spending in 2025, poll suggests [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Bank of Montreal (NYSE: BMO) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
BMO
Earnings
- 12/5/24 - Miss
BMO
Sec Filings
- 12/20/24 - Form FWP
- 12/20/24 - Form 424B2
- 12/20/24 - Form 424B2
- BMO's page on the SEC website