Bank of Montreal offers a range of credit and non-credit products and services primarily in Canada. Its Personal and Commercial Banking business provides various banking, financing, investing, credit card, and insurance products, as well as a suite of integrated commercial and capital market products and financial advisory services. The company also offers a range of consumer and business loan and deposit products, including deposit and investment services, mortgages, consumer credit, business lending, cash management, and other banking services. Its Private Client business provides a range of wealth management products and services, including full-service and online brokerage in Canada, and private banking and investment products in Canada and the United States to selected ultra-high net worth individuals and institutional market segments. The company’s Capital Markets business provides investment and corporate banking services, including strategic advice on mergers and acquisitions, restructurings, and recapitalizations, as well as providing valuation and fairness opinions; capital-raising services through debt and equity underwriting; loan and debt products, balance sheet management solutions, and treasury management services; and trade finance and risk mitigation services. It also offers trading products services, such as sales, trading, and research activities; and integrated debt, foreign exchange, interest rate, credit, equity, securitization, and commodities solutions. In addition, the company provides merchant banking services and credit investment management services. It primarily serves corporate, institutional, and government clients in Canada and the United States, as well as in the United Kingdom, Europe, Australia, Asia, and South America. As of October 31, 2007, it operated 977 bank branches. The company was founded in 1817 and is headquartered in Montreal, Canada.
Analysts' Recommendation: | Hold |
| 30 Days Ago: | Hold |
|
| Analysts' Target: | $44 |
| Analysts' Targets |
| RBC Capital Markets | $44 |
| Sector Perform |
Thursday, March 27, 2008 |