BMO stock: Stonepeak completes CAD 14.5 billion finance sale

Published on 11/02/2026 at 15:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BMO stock remains in focus after Stonepeak completed its acquisition of two finance businesses. Customer service continues during the transition.

Stonepeak deal shifts BMO's finance operations

BMO completed the sale of its Transportation Finance and Vendor Finance businesses to Stonepeak on October 29.
Longview Capital Solutions will operate independently while BMO retains a 19.9 percent interest and transition role.
The remaining portfolio is expected to transfer in the first quarter of fiscal 2027.

BMO, CA0636711016, Illustration mit AI erstellt.

Bank of Montreal stock remains in focus after BMO completed the sale of its Transportation Finance and Vendor Finance businesses to Stonepeak on Thursday, October 29, 2026. Stonepeak said the businesses will operate as Longview Capital Solutions, with customer relationships and service arrangements continuing during the transition.

Sale changes portfolio exposure

At closing, BMO transferred approximately 75 percent, or CAD 11 billion, of an estimated CAD 14.5 billion combined loan and lease portfolio to Stonepeak. The remaining balances are expected to transfer in the first quarter of fiscal 2027, subject to customary conditions.

The transaction is expected to improve BMO's common equity Tier 1 ratio by approximately 23 basis points in the fourth quarter of fiscal 2026. BMO retains a 19.9 percent interest in the Stonepeak-managed entity, preserving participation in the businesses' future development.

Stonepeak said Longview will operate as an independent commercial equipment finance company. Customers will continue working with the same experienced teams and systems, while BMO provides transition services and continues servicing and originating current and future loans on Longview's behalf. The details were reported in Stonepeak's announcement.

Bank of Montreal stock traded at EUR 153.78 on Lang & Schwarz at 15:41 CET on Monday, November 2, 2026. The real-time quote of Bank of Montreal stock is available here.