BMO Capital Markets
BMO Capital Markets is the wholesale banking and capital markets division of BMO Financial Group, providing investment banking advisory, equity and debt underwriting, sales and trading, and corporate lending services to corporate, government, and institutional clients across 12 industry verticals globally.
- Company typePublic
- Founded1817
- HeadquartersToronto, Canada
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
BMO Capital Markets firmographics
Firmographics- Name
- BMO Capital Markets
- Legal name
- BMO Financial Group
- Website
- https://capitalmarkets.bmo.com
- Company type
- Public
- Founded year
- 1817
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- BMO Capital Markets is the wholesale banking and capital markets division of BMO Financial Group, providing investment banking advisory, equity and debt underwriting, sales and trading, and corporate lending services to corporate, government, and institutional clients across 12 industry verticals globally.
- Ownership category
- akta.pro rank
BMO Capital Markets industry classification
Industry- Product category
- Investment Banking
- NAICS
- Investment Banking and Securities Intermediation (52315), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Investment Activities (5239)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Asset-Backed Securities (6189), National Commercial Banks (6021)
- akta.pro primary industry
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
- akta.pro secondary industries
- Corporate Finance & Capital Advisory (BPAHADAB), Investment-Grade Corporate Credit (FSAAAHAB), Leveraged Loans & CLOs (FSAAAHAF), Follow-on Offerings (FPOs) (FSACAAAB), Investment Grade Corporate Bonds (FSACABAA)
Keywords
Where BMO Capital Markets is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
BMO Capital Markets business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Investment Banking: Revenue from advisory services (M&A, restructuring), equity and debt underwriting, and capital markets transactions for corporate and institutional clients
- Sales & Trading: Revenue from trading fixed income, equities, currencies, and commodities; institutional sales commissions and trading spreads
- Corporate Lending: Interest income and fees from corporate lending, project financing, and trade finance services
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
BMO Capital Markets product offering
Product offeringCore offering
BMO Capital Markets is the wholesale banking and investment banking division of BMO Financial Group, providing advisory (M&A, restructuring, fairness opinions), capital raising (public and private debt and equity underwriting, leveraged finance, corporate lending, project financing), sales and trading across fixed income, equities, currencies, and commodities, plus market risk management, treasury management, sustainable finance, and institutional research to corporate, government, and institutional clients globally.
Product overview
BMO Capital Markets is the investment banking and capital markets division of BMO Financial Group (NYSE, TSX: BMO), the 8th largest bank in North America with approximately US$1.03 trillion in total assets as of January 31, 2026. The division is a full-service financial services provider operating with approximately 2,700 professionals across 30 global locations. Its offering is organized as a platform of industry verticals (including Diversified Industries, Financial Institutions, Financial Sponsors, Energy, Global Metals & Mining, Healthcare, Technology, Real Estate, and others) that consume a set of shared solutions: Advisory (M&A, fairness opinions, restructuring), Capital Raising (debt and equity underwriting, leveraged finance, corporate lending), Market Risk Management, Research & Strategy, Sustainable Finance, Treasury Services, Carbon Advisory, and Carbon Credit Sales and Trading. The platform also includes thought-leadership content products such as the Markets Plus, Views from the North, Macro Horizons, and Sustainability Leaders podcasts, and a CSR program called Equity Through Education. In June 2026, BMO launched Blue Rewards, a consumer-facing loyalty ecosystem integrating Expedia Group for travel, Accor hotel brands, MTY Group dining, and Instacart for digital commerce.
Differentiator
Problem solved
Functional benefit
Companies that use BMO Capital Markets
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles3 records
BMO Capital Markets technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
BMO Capital Markets partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights5 records
BMO Capital Markets competitors and assessment
Company assessmentDirect peers
- CIBC Capital Markets: Wholesale banking arm of Canadian Imperial Bank of Commerce. Directly comparable Canadian investment bank competing on advisory, ECM/DCM, and sector coverage mandates.
- RBC Capital Markets: Investment banking and capital markets arm of Royal Bank of Canada, BMO's closest Canadian peer. Comparable across advisory, equity/debt underwriting, sales & trading, and mining/metals coverage in North America.
- TD Securities: Capital markets division of Toronto-Dominion Bank, another Big-5 Canadian peer. Overlapping advisory, underwriting, and trading offerings across North American corporates and institutions.
- Scotiabank Global Banking and Markets: Capital markets division of Bank of Nova Scotia. Head-to-head Canadian competitor in mining & metals, energy, and Latin American cross-border mandates; appears as BMO co-manager on the Sinda IPO.
- National Bank Capital Markets: Wholesale banking arm of National Bank of Canada, a smaller Canadian competitor. Active in Canadian mid-market M&A and energy services — joint book-runner with BMO on the CES Energy Solutions notes offering.
- Jefferies: Independent global investment bank with mid-market focus and growing bulge-bracket ambitions. Directly comparable in equity capital markets, M&A advisory, and trading; Aman Malik (BMO's new COO) previously served as COO of Jefferies' Markets business.
Broad incumbents
- Goldman Sachs: Global bulge-bracket investment bank offering advisory, underwriting, sales & trading, and asset management. Competes with BMO Capital Markets for institutional client mandates, particularly in larger M&A and ECM transactions.
- Morgan Stanley: Global investment bank with leading M&A advisory, ECM, and institutional securities franchises. Co-led the Sinda Ltd. IPO with BMO and competes across multiple industry verticals.
- JPMorgan: World's largest investment bank by revenue, with leading positions in DCM, ECM, advisory, and trading. Co-led the Extra Space Storage $550M notes offering with BMO and competes for top-tier mandates globally.
- Wells Fargo Securities: Investment banking arm of Wells Fargo, comparable mid-to-upper-middle-market US competitor. Co-led the Extra Space Storage offering with BMO and is a frequent co-manager on debt capital markets transactions.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
BMO Capital Markets social profiles
Digital presenceBMO Capital Markets financial estimates
Financial estimateRevenue estimate
Valuation estimate
BMO Capital Markets leadership team
Management profileNumber of profiles
Profiles16 records
BMO Capital Markets subsidiaries and ownership
Company hierarchySubsidiaries1 record
BMO Capital Markets funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BMO Capital Markets M&A and investment
M&A and investmentM&A1 record
Investments92 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BMO Capital Markets
What does BMO Capital Markets do?
BMO Capital Markets is the wholesale banking and investment banking division of BMO Financial Group, providing advisory (M&A, restructuring, fairness opinions), capital raising (public and private debt and equity underwriting, leveraged finance, corporate lending, project financing), sales and trading across fixed income, equities, currencies, and commodities, plus market risk management, treasury management, sustainable finance, and institutional research to corporate, government, and institutional clients globally.
Is BMO Capital Markets a public or private company?
BMO Capital Markets is a public company. It is classified as public and is currently operating.
When was BMO Capital Markets founded?
BMO Capital Markets was founded in 1817. It employs 5,001 to 10,000 people.
Where is BMO Capital Markets based?
BMO Capital Markets is headquartered in Toronto, Canada, in the North America region.
How does BMO Capital Markets make money?
Three revenue lines are on record. Investment Banking is the primary driver. The others are sales & Trading and corporate Lending.
Who are BMO Capital Markets's main competitors?
Direct peers on record are CIBC Capital Markets, RBC Capital Markets, TD Securities, Scotiabank Global Banking and Markets, National Bank Capital Markets and Jefferies. Broad incumbents are Goldman Sachs, Morgan Stanley, JPMorgan and Wells Fargo Securities.
Does BMO Capital Markets have an API?
No public API is recorded for BMO Capital Markets.
What industry is BMO Capital Markets in?
BMO Capital Markets's product category is Investment Banking. Its primary akta.pro industry code is BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory), with a secondary code of BPAHADAB, Corporate Finance & Capital Advisory. Its NAICS code is 52315 and its SIC code is 6211.