When was BMO founded?

BMO was founded in 1817 and raised its 1st funding round 193 years after it was founded.

Where is BMO located?

BMO is headquartered in Toronto, Canada. It is registered at Chicago, Illinois.

How many employees does BMO have?

As of Mar 31, 2026, the latest employee count at BMO is 59782.

Is BMO a funded company?

BMO is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Sep 30, 2010.

When was the latest funding round of BMO?

BMO's latest funding was a $***** Conventional Debt round on Jan 16, 2025, with participation from 0 investor.

Where does BMO rank among its competitors?

BMO ranks 1st amongst 101 active competitors, none of which are funded.

Who are the top competitors of BMO?

BMO's top competitors include Bank of America, Royal Bank of Canada and Scotiabank. Among them, National Bank of Canada secured the most recent funding round in May, 2025.

BMO - 2026 Company Profile, Team, Funding & Competitors

Company Details

Commercial bank. It offers a wide range of personal banking services, including online and mobile banking, accounts, credit cards, loans, mortgages, wealth management, M&A, loan syndication & agency, business strategy, and investments.

Website: bmo.com
Social
Phone Number: +1 **********
Registered Address: Chicago, Illinois

Key Metrics

Founded Year

1817

Location

Toronto, Canada

Stage

Public

Latest Funding Round

Conventional Debt, Jan 16, 2025, $*****

Investors

PSP Investments & 8 more

Ranked

1^st among 101 active competitors

Employee Count

59,782 as on Mar 31, 2026

Investment & Acquisitions

Consignaction & 133 more

Similar Companies

Standard Chartered & 19325 more

Exit Details

Public

View BMO's full profile

BMO is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Bank of Montreal CIN: - , Belgium, Active		-	16217 (As on Dec 31, 2023)	-
BMO HARRIS BANK N.A. CIN: 362085229 , United States, Active	Dec 31, 1999	-	16503 (As on Dec 31, 2016)	-
BMO FINANCIAL CORP. CIN: 510275712 , United States, Active	Dec 26, 999	-	19696 (As on Dec 31, 2024)	-
BMO UK PENSION PLAN TRUSTEE COMPANY LIMITED CIN: 3026603 , United Kingdom, Active	Feb 26, 1995	-	-
BMO CAPITAL MARKETS (NOMINEES) LIMITED CIN: 6323340 , United Kingdom, Active	Jul 24, 2007	-	-

BMO got listed on Jun 09, 1922.

Click here to take a look at BMO's IPO in detail

BMO has raised funding over 5 rounds. Its first funding round was on Sep 30, 2010. BMO has 9 institutional investors.

Here is the list of recent funding rounds of BMO:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 16, 2025	5471792	Conventional Debt	3316727	1413376	1102280	5852038
Dec 12, 2022	7642206	Post IPO	8903230	2549160	4809392	CDPQ & 5 more
Oct 21, 2019	7629919	Conventional Debt	1547199	4024508	2166849	8445762

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View details of BMO's funding rounds and investors

BMO's employee count trend

BMO has 59,782 employees as of Mar 26. Here is BMO's employee count trend over the years:

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Top competitors of BMO include Bank of America, Royal Bank of Canada and Scotiabank. Here is the list of Top 10 competitors of BMO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BMO 1817, Toronto (Canada), Public	Commercial bank	-	PSP Investments, Hoopp & 7 others	82/100
2nd	Bank of America 1998, Charlotte (United States), Public	Commercial bank and asset management firm	-	Berkshire Hathaway, Black Capital Investments ... & 5 others	78/100
3rd	Royal Bank of Canada 1864, Toronto (Canada), Public	Commercial bank	-	-	76/100
4th	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	75/100
5th	Canadian Imperial Bank of Commerce 1867, Toronto (Canada), Public	Commercial bank	-	-	75/100
6th	National Bank of Canada 1859, Montreal (Canada), Public	Commercial bank	-	-	73/100
7th	TD Bank 1955, Portland (United States), Acquired	Investment holding company offering financial services	-	Black Mountain Investment Group	71/100
8th	ATB Financial 1938, Edmonton (Canada), Acquired	Special purpose bank-community	-	-	67/100
9th	Equitable Bank 1970, Toronto (Canada), Late Stage	Commercial bank	$150M	National Bank of Canada, Canadian Imperial Bank of Commerce ... & 8 others	64/100
10th	RBC Royal Bank 1864, Halifax (Canada), Late Stage	Commercial bank	-	PSP Investments	61/100