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BMO Decreases CDN$ Prime Lending Rate to 4.70 Per Cent

Date/time : 2025-09-17 01:17 PM
Symbol :

BMO

Company : Bank of Montreal
Price : 178.62
Market cap : 127,946,715,257
O/S : 716,306,770
Exchange :

TSX

Industry :

Diversified Banks

Full story

BMO Decreases CDN$ Prime Lending Rate to 4.70 Per Cent
BMO Decreases CDN$ Prime Lending Rate to 4.70 Per Cent

Canada NewsWire

TORONTO , Sept. 17, 2025 /CNW/ - BMO Bank of Montreal today announced that it is decreasing its CDN$ prime lending rate from 4.95 per cent to 4.70 per cent, effective September 18, 2025 .

About BMO Financial Group
BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.4 trillion as of July 31, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States , and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life , BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.

SOURCE BMO Financial Group