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Stock impact report

BMO celebrates 40 years in Chicago by jettisoning the Harris name. Goodbye Hubert, hello BMO Guy [Yahoo! Finance]

Bank Of Montreal (BMO) 
Last bank of montreal earnings: 2/25 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
BMO, formerly the Bank of Montreal, has since created its own Chicago history, growing to become the 10th largest bank in the U.S., now headquartered in a gleaming new eponymous tower in the West Loop. Things have come so far that last year, BMO dropped its last name — Harris — ending a 141-year run for a quintessentially Chicago banking brand, and likely putting its venerable cartoon mascot, Hubert the Harris Lion, out to pasture for good. “We understand there's an affinity for Harris and BMO Harris, and that's why we actually took our time making the transition, but we did it in a manner where I do think the BMO name resonates as well,” said Darrel Hackett, 52, a veteran bank executive who was elevated to U.S. CEO of BMO Financial Group in June 2023. Founded in 1882, Harris was one of the oldest and largest banks in Chicago, but as it approached its second century, the “banking lion” seemed somewhat long in the tooth and unable to compete with the largest national banks. En Show less Read more
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