Reddit Posts
ENTERPRISE GROUP, INC. ANNOUNCES LETTER TO SHAREHOLDERS FROM PRESIDENT & CEO – LEONARD D. JAROSZUK (TSX: E, OTCQB: ETOLF)
The Boom Time for Farmers Can Last. Who Will Reap the Rewards.
Vornado, Douglas Emmett downgraded, Empire State Realty upgraded at BMO (NYSE:ESRT)
Salesforce Pops On Earnings Beat, An Outlook Investors Should Note
Wall Street Week Ahead for the trading week beginning March 6th, 2023
Global Payments Price Target Increased to $120.00 by Analysts at Mizuho
Analysts Raise 12 month price targets on NVDA
BMO, BNP Paribas announce cross-border deal for commercial banking clients
BMO Nightware: My experience dealing with possibly the worse bank in the US
BMO initiates Rexford Industrial at Outperform as SoCal focus to drive long-term growth
Bill.com stock drops 29% on slowing TPV growth; BMO, BTIG move to sidelines
maybe bank of Montreal (BMO) can themselves invest in shit.
Nobody knows anything. SP500 predictions vs Reality for 2022
Dividends, so safe, that you can bank on it [DD]
Puts on BMO and whatever these funds are…
BMO missing the mARK on this ad. -65% like a visionary
Financial predictions by big Financial Giants for 2022 made a year ago - How wrong they were!
Atlassian, Twilio, and Cloudflare all down major today
Legit offer from BMO. Peace of mind with financial control that comes with 10% Variable interest rate and 6.9% inflation (“officially”).
Key Takeaways from Dodd-Frank Bank Liquidity Stress Test
Fallout from 60 minutes with POTUS: Investors ditch vaccine stocks after Joe Biden says ‘pandemic is over - Top jab makers lose combined $10bn of market value amid fears over growing public apathy
Investment Banks' S&P 500 Price Targets: By the end of this year, do you think SPY would make a new low or get back to all-time highs?
BMO Investorline switched my stock from CGC to WEED
The US adds 372,000 jobs in June, and a robust labor market is considered as a safeguard against a recession.
The US adds 372,000 jobs in June, and a robust labor market is considered as a safeguard against a recession.
The US adds 372,000 jobs in June, and a robust labor market is considered as a safeguard against a recession.
Marble $MRBL $MRBLF CEO wins ‘Executive of the Year’ award
Jerome Powell (and recent past Fed Chairs) is essentially stroking the economic shaft to reach happy ending over and over again... up and down, up and down, slower and faster, faster and slower... YES!!! Then, post-nut clarity. Depression. Catch a few breaths and start all over again...
Cannabis Canada Weekly: Neptune pulls out of pot; BMO downgrades Canopy Growth
Opening up Pandora’s box of ETF distributions
Cannara Biotech Inc. Closes $50 Million Credit Facility Led by BMO Commercial Banking
Nasdaq drops 3%, Dow loses 300 points following hot inflation report
SNDL, has been upgraded by BMO Capital Markets as a market perform at 0.70 cents
Nasdaq slides 2% led by Amazon as benchmark heads for worst month since 2008- NASDAQ in bear territory
Red Flags to Watch For In Financial Stocks if a Recession Hits?
CCCC looks interesting I got in yesterday at 9.17
What did you bought today? Just got some BMO and JPM pretty cheap myself!
If you are up %50-90% on all your investments, what is the next move??
Jim Cramer says the bear market is over! Mad Money host Jim Cramer and Brian Belski, BMO Capital Markets investment strategist join 'Closing Bell Overtime' to discuss their outlook of the market.
CBD of Denver Appoints Finance Veteran as New CEO
Key inflation gauge hit 6.1% in January, highest since 1982
Feedback on portfolio risk hedging where investments supply all income
BMO LP market share data in January 2022
U.S. stocks soar across the board! What did Powell say? Will U.S. stocks continue yesterday's rally today?
Mark Tritton's Last hope. Short interest high. Probably still shit the bed.
Bed Bath and Beyond Earnings 1/6/2022 BMO - It's all on you Mark!
Bed Bath and Beyond - It's all on you Mark.
Capture $PYPL CC premium with BMO upgrade, or hold on?
U.S. adds disappointing 210,000 jobs in November in face of severe labor shortage
BMO Sees S&P 500 Hitting 5,300 Next Year, a 12% Gain
$JSPR - 740k float, 89% of float is now short, 283% cost to borrow - EPIC Squeeze Potential
UNLIKE the Last Time (2000 Peak) a Few Mega Tech Stocks Were such a Large Concentration of Total Stock Market Cap, NOW INTEREST RATES HAVE NO WHERE TO GO BUT UP, UP, UP....
Bed Bath & Beyond (BBBY) Q2 Earnings Research
Bed Bath & Beyond (BBBY) Q2 Earnings Research
BB will turn to profit next year after the upcoming earning report
Mentions
I follow BMO because they’re obviously Adventure Time fans
FOMC predictions: BARCLAYS 0 BPS CREDIT SUISSE 0 BPS GOLDMAN SACHS 0 BPS BMO 25 BPS CIBC 25 BPS CITI 25 BPS JP MORGAN 25 BPS MORGAN STANLEY 25 BPS RBC 25 BPS WSJ - Nicki the leak - 50/50 on any action.
This is my original post that this guy stole. BMO was on there as an error. My updated post shows it has been replaced with BNP Paribas
BMO is TBTF for Canada. Won't happen.
i no idea why. But all i know is that this[gangster needed to secure his bonds through BMO](https://youtu.be/BjlKWWTVf7I?t=84)because of all the red tape and stuff on American banks
It’s absolutely not going to happen, BMO was a weird addition to this
If BMO goes under, do I get to keep my house?
That will never happen I also got surprised to see BMO but Canadian banking regulation is so much more strict than in the us …. it is just impossible. So next reddit please this one is shit
Why is BMO on this list?
Why's BMO on the list? I didn't know they had that much US exposure
You guys don't know shit about Canadian Banks and it shows. BMO shouldn't even be listed here.
Idk why I have an irrational hate for BMO and Scotia lol
What's BMO doing on this list?
Marconi won't let BNP fall. Also BNP sold a lot of their American subsidiaries to BMO recently.
When I have to threaten legal action against them to get my money, and only then do they do something, is usually not a good indication of a bank. But that is simply my and thousands of others experiences with BMO.
Not just historically stable, but BMO has not missed a dividend payment since 1829. The bank is as stable as the rock that makes up the Canadian shield.
BMO? I’m out. Canadian banks aren’t going bankrupt anytime soon.
Who is putting Canadian banks on this? BMO? They actually enforce their laws and have these regulation things too. 2 banks have failed since 1923. Truly regarded.
BMO is a Canadian bank, they're highly regulated yet they make incredible profits on service fees, etc. Doubt that they'll be one to ever go down.
Love that BMO is on there, thats why this is a dumb senseless infographic. Canadian banks will not fail because the system is designed against it. Only american banks will as usual lol. Murikaaaaaa!!!!
Of all the Canadian banks you could put on here, why BMO?
BMO line going right. Only possible one.
BMO (Bank of Montréal) -Canadian banks have always had a solid international reputation. BMO would be one of the last pieces left on this list.
People need to know that Canadian banks like cibc and BMO are far too well run and far to stringently regulated to ever be worried about them. More than that though, there is solid sentiment towards Canadian banks. Nobody in Canada is doing a bank run. Looking at CIBC's latest balance sheet, they have 921billion in total assets including 116 billion in cash and equivalents. They have 529 billion in deposits. These guys are well capitalized, the Canadian government insures their deposits (in Canada) and there is strong trust in the banks here. Nothing is going to happen to the banks. If you don't believe me, buy puts. They are extremely cheap because the banks are so solid (you may even make money since the whole sector might go down despite their strength). My bias: have 50k in cibc stock
Zero percent chance of BMO or any of the big six Canadian banks going under.
That need to be updated, Credit Suisse got bought by BMO
>room saying, ok, BMO, you get California, but we get NY, Connecticut and Massachusetts. BMO just acquired Bank of the West a couple weeks ago. I should've seen the writing on the wall.
Why is BMO on the playing field?
It’s probably BMO Harris branch that has mid west presence. While Canadian BMO is not gonna fold, they might get rid of the US retail. They do better in Asia. TD has more US presence than BMO
Why is BMO on there but not RBC lol Canadian here
The chance of BMO going under is literally 0. It’s essentially a branch of the Canadian government.
Ugh. I can find a couple that I hope tank. I hate BMO Harris. I wound up with a bank IRA there against my will. (old 401 that got moved there.) Negative star rating. Horrid experience. Boo.
As a Canadian I do love seeing BMO up there for some reason.
Why BMO? Also credit suisse officially dead now I think?
Why is BMO there and not RBC?
BMO might be next they have huge financial issues right now and laid off a bunch of people in my area. Also are not allowing my uncle to worse his 1.4M dollar savings account. Things are getting really bad out there.
How'd BMO make it on this list and not the other Canadian banks heavy In US exposure...like RBC and TD
That's not even right. In French it's Banque de Montréal. It's BMO from "bee-mo", the bank literally has a page dedicated to this topic: https://history.bmo.com/whats-bee-mo/
I'd say BMO, Charles schwab, Capital One, HSBC won't either.
Yeah. They and TD are laughing their asses off right now getting ready to purchase distressed assets. I picture them in a backroom saying, ok, BMO, you get California, but we get NY, Connecticut and Massachusetts.
Yep. I'm overweight in financials, utilities and energy but have $55k waiting on the sidelines, looking at getting some BMO, adding to my TD position, maybe Power Corporation, but I should be getting more into industrials, tech and real estate as I am underweight in those sectors. Not a great time to get into REITs but Slate grocery REIT is looking interesting.
It's Bank Montreal Of, hence, "BMO". It's disordered because it's French.
If BMO could go down that’d be great. I’ve had $5000 in a savings account there for years and it’s too much of a hassle to close the account myself
BMO acquired Bank of the West like a month ago. Has to be related, right?
BMO won’t either - it’s a Canadian too big to fail and also regulated far more heavily than American banks.
Hey I used to work for BMO! Screw them.
Lmao what fucking dumbass would put BMO on here.
End of January BMO had 143% deposit liquidity, and still offers shit deposit rates, they are not worried about deposits. The cad banks are more likely to go on a us regional shopping spree then fold
The Canadian banks are far too regulated to collapse. I really doubt BMO will
BMO is Canadian with different regulations. and in the worst case scenario, the BoC will do everything in its powers to prevent any of the big 6 banks from failing.
As I said before, get the Canadian banks off your list if you want any chance of a bingo. May as well replace BMO with ALLY..
if BMO goes under, i’ll eat my shorts
Lol at BMO going bankrupt
I didn't know that BMO was in trouble
I've looked for something similar and never had any luck. Many companies don't even expose an API that could be used by such software and the ones that do don't have any consistency. RBC has a developer portal but I don't see any trading API listed. Same with BMO, they don't seem to have a trading API. I'm a developer who was trying to do something similar for US retail accounts so I've done a lot of research lately with no luck.
BMO is Canadian. While the American branch is in the middle of a lawsuit, BMO global is not a likely candidate.
Perhaps Scottish ties and French ties would have been more appropriate than roots. ScotiaBank's first foreign branch was in Glasgow Scotland, and a decade ago they acquired a royal bank in Scotland. Similar matters can also be true for BMO which have direct investments in France and a lot of connections with the French. Nothing wrong with it it actually help cementing legitimacy
BMO owns City National Bank (CNB) which is around the 30th largest bank in the US.
There’s really only 5. RBC, TD, BMO, Scotiabank, CIBC.
RY for quality and premium. TD for growth and US exposure. BMO focus on capital markets and growth US exposure. I’d avoid CM and BNS unless you want the high yields
We have 5 big banks basically the rest dont mean nothing RBC Royal Bank of Canada TD Toronto-Dominion (The People's Bank) CIBC (Canadian Imperial Bank of Commerce) ScotiaBank (Scottish Roots) BMO Bank of Montreal (French Roots)
Haha BMO, what's a Canadian bank doing there. It's been awhile since the last Canadian bank failure.
This Also PACW or WAL probably also make more sense than TD or BMO, TD and BMO are not shitty enough to be on the lost
There's quite a few actually, probably even more options if you go to local credit unions. Check out some of the current (as of Jan. 9, 2023) APY figures below: * LendingClub: 3.6% * Synchrony Bank: 3.75% * BMO Harris Bank: 4% * Ivy Bank: 4.05% * CIT Bank: 4.05% * Bask Bank: 4.15% * MySavingsDirect (an online brand of Emigrant Bank): 4.35% Most mid sized banks are already at 3%.
Canadian Banks take way less risk than most banks...It allowed Bank of Montreal (BMO) to swoop in and acquire tons of failed US banks in the aftermath of the 2008-2009 GFC
BMO down 4% 😏😏 canadian banks next?
This is gonna be a an off-the-cuff explanation, I'm still learning more about the situation myself, I'll drop sources at the bottom that maybe you can make better sense of. ​ Off balance sheet debt, has to do with the 'eurodollar' market (this involves currency exchange SWAPs). Shit simple explanation on swaps: Banks make agreements with each other that essentially say "you hold 1bln of my currency, I'll hold 1 bln of yours, and we will each take a bet and pay the other on the difference of underlying value later". Shit simple explanation on banks issuing loans; they create money based on the interest you pay off on the loan by the time the full loan is matured. (So, take a 1000 dollar loan, they take 10% interest by the time the loan matures, they make 100 dollars that didn't exist before, the loan that created value for the bank, and debt for you, disappears, leaving 100 bucks in its wake. The eurodollar market is this, but foreign banks issuing loans using US dollars as the common collateral to create the currency (think market makers like debit suisse) (usd was low interest, stable, and reliable, so they used it for 'quick' or 'shady' trades, since so many people use USD if you commit a crime in that currency, it'll be more difficult to track amongst the hundreds of thousands of transactions a minute). This all changed when interest rates began to hike and a lot of the criminal activity and laziness in the eurodollar market from not listing their US dollar loan and creation balances, we couldn't (and still can't yet) see the full 'hole' in the market as \*all participants assumed they would be able to create more short term profits than long term losses, literally like 2008\*. So, when they say there's 80 trillion in off balance sheet debt, what they mean is they've been able to contact various banks that participate in this market and get them or a whistleblower to admit the actual or general state of things and then the reporter(s) and analyst(s) did the math to determine the totals. I think it would be safe to assume 80 trillion is the lowest possible number, as there are plenty of banks that said they were fine and have been hiding massive losses by using 'hold to maturity' securities as collateral, much like SIVB. IIRC Bancorp and bofa were both sus and JPM has had like 40 bankers arrested or black bagged over the last month by various DoJ departments, so who knows wtf is happening there. This would also explain how BMO's illiquid situation doesn't sound alarms with the canadian regulators... other than the canadian regulators being hilariously worthless if not actively on the payroll of most of these market makers. On the face, it seems like 'the financial system is fine and can weather this easily', however, the fact that many market makers are being propped up by 0dte options and many banks are being propped up by hold-to-maturity securities while in the middle of a liquidity crisis indicates a particularly concerning outcome where banks that have nothing wrong at all are at risk of failure simply because there will be no one willing or able to purchase their securities to flush them with enough liquidity to avoid meeting FDIC acquisition. The fed doesn't have the assets or resources they did in 2008, nor could they hope to cover the entire banking and financial services industry globally, let alone nationally. We're talking about a combined debt issue of more than 300 trillion dollars, and a nationalized debt issue of around 31 trillion (on books). I don't believe this is a situation where the united states will default on it's debt, but I do see several other countries continuing the 2020-2022 trend of sovereign debt defaults and I think several of those countries will be allies. We are most assuredly facing down a second eurozone crisis while this happens. ​ General explanation: [https://www.investopedia.com/terms/e/eurodollar.asp](https://www.investopedia.com/terms/e/eurodollar.asp) [https://www.investopedia.com/80-trillion-usd-debt-currently-unrecorded-6836151](https://www.investopedia.com/80-trillion-usd-debt-currently-unrecorded-6836151) Biased explanation: [https://markets.businessinsider.com/news/currencies/80-trillion-off-balance-sheet-debt-blind-spot-financial-system-2022-12?op=1](https://markets.businessinsider.com/news/currencies/80-trillion-off-balance-sheet-debt-blind-spot-financial-system-2022-12?op=1) In-depth explanation(s) and articles: [https://www.eurodollar.university/](https://www.eurodollar.university/) ​ The major domino(s) that started the situation we're all in (obviously in tandem with covid): [https://www.theguardian.com/business/2021/mar/02/greensill-capital-seeks-insolvency-protection-in-australia](https://www.theguardian.com/business/2021/mar/02/greensill-capital-seeks-insolvency-protection-in-australia) [https://www.dmsa-agentur.de/download/20211024\_DMSA\_EVG\_RR\_en.pdf](https://www.dmsa-agentur.de/download/20211024_DMSA_EVG_RR_en.pdf) CMBS and auto loans will be the next triggers of note. CMBS will likely also crash MBS, while auto loans for used vehicles will crash new vehicle prices in a violent cycle downward. Any automaker with a low liquidity position will likely see a bailout or a bankruptcy in the coming few months to couple years, depending on how long this squeeze takes. It depends a lot on what happens monday. Either the fed mans up and crashes the market and makes it better going forward and we only experience about 5 years of pain or the fed pussies out of doing their job and we see decades if not centuries of pain for the working class as stagflation takes hold and viciously devalues everyone's assets. [https://www.law360.com/real-estate-authority/articles/1508965/cmbs-defaults-eased-in-the-first-half-but-uncertainty-looms](https://www.law360.com/real-estate-authority/articles/1508965/cmbs-defaults-eased-in-the-first-half-but-uncertainty-looms) ​ [https://news.yahoo.com/auto-loans-going-unpaid-not-152800569.html](https://news.yahoo.com/auto-loans-going-unpaid-not-152800569.html) ​ [https://www.reuters.com/markets/us/blackstone-blocked-investor-withdrawals-71-billion-reit-february-2023-03-01/](https://www.reuters.com/markets/us/blackstone-blocked-investor-withdrawals-71-billion-reit-february-2023-03-01/) It would be remiss of me to note that a significant portion, NOT ALL, but a large amount of international market shenanigans has come out of China. See: [https://www.moneymacro.rocks/2022-10-27-china-smaller/](https://www.moneymacro.rocks/2022-10-27-china-smaller/) ​ And then because of the current international liquidity issues we can basically take this as a 'what happens now' outline: [https://www.moneymacro.rocks/2022-10-10-europe-recession/](https://www.moneymacro.rocks/2022-10-10-europe-recession/) This market is in an extremely precarious situation. We're looking at a lost decade for most 'advanced' nations, both 'allies' and the new wannabe 'axis'. I'm currently looking into emerging markets for any hope of gains using calls this decade. ​ ​ ​ ​ Also, TL;DR: All of this is caused by international liquidity issues, as in the banks can't find anyone to buy their assets so they can pay their bills or allow customers to remove deposits, because everyone is trying to pay their bills at the same time; *as interest rates increase, so do the size of their bills each month*.
Bank of the West is owned by BMO. Canada needs to go down for that to happen.
I’d buy BMO TD or RY, I’d (personally) start away from BNS and CIBC. I like TD and royal because they have huge market shares in Canada but also have been aggressively expanding into the US. TD for example is the number one bank in the greater Boston area and top 5 in NYC. BMO’s French Canadian market share is basically untouchable. Now I’m never expecting a home run buying those buuuttt I’ll take my dividend and hopefully a couple % avg growth along with it annually 🤷♂️
I'm wondering if BMO decides to buy them. For those not in though know, check out the Canadian Banks total assets, the big five, and then check out the regulatory rules and their required capital ratios. Canadian banks are FLUSH with cash. They are international juggernauts.
Interesting. Canadian banks (esp. BMO) has always been on my radar. Any thoughts on why TD/RBC over BMO?
Yeah I'm in Chicago and the BMO bank had a line wrapped around the block to use the ATM
This bank is way bigger than you think dummy...do some research. In the US It's bigger than Ally, northern trust, Barclays, Huntington, BMO, USAA, fifth 3rd, just to name a few in terms of total assets... ever heard of those guys? This one's bigger
BK, PACW, SBNY, BMO Off the top of my head
Bank of Montreal, LoyaltyOne announced the signing of a purchase agreement for BMO to acquire LoyaltyOne’s AIR MILES Reward Program business
Geez I honestly had no idea how big SVB was...in the US It's bigger than Ally, northern trust, Barclays, Huntington, BMO, USAA, fifth 3rd, just to name a few in terms of total assets... This is a big fucking deal 🚨🚨🚨📉📉📉
Lots of card companies offer balance transfers at much lower interest as well as other perks. I get 2 or 3 offers a year from my TD account to take on balance transfers of other debt, so when I do I'll transfer all the debt from my RBC accounts to them at a measly 3 to 4% vs the 18.9 I have with RBC. RBC offers me cash back when I pay down my balance, free money. Less interest. RBC also does balance transfers, so when they do, I transfer my TD back to RBC, TD also offers me cash back whe I pay down my balamce free money. BMO does this Scotia does this....pretty much all the major banks in Canada do. I've been punting the same 10K in credit card debt around for 5 years and have made about 8K on Cash Back incentives as well as piles of other things like hundreds of thousands of aeroplan/airmiles points. All my CC debt pretty much somewhere between 3 and 4% too.
The yield curve is inverted because the short term has risen recently. CDs tend to lag bonds. You would expect bonds to have higher yields. In general CDs aren't that good. So the answer is you shouldn't buy CDs under 1 year maturity unless you are already using CDs and don't want the hassles of switching to bills. Though it isn't that big a difference. Merchant is at 5.13%. Synchrony, Spectrum, Capital One, BMO Harris.... are all at 5%. If you go out to say 3 years though treasuries are at 4.8 while CDs go as high as 5.5% which is better but not as much better as normal.
