BMO Financial Group Closes Sale of Transportation & Vendor Finance; CET1 +~23 bps

BMO closed the sale of its Transportation Finance and Vendor Finance businesses to Stonepeak, transferring ~75% (C$11B) of the ~C$14.5B portfolio, with the rest expected in Q1 FY27. BMO expects ~23 bps CET1 ratio improvement in Q4 FY26 and retains a 19.9% interest.Material DetailsContext by AI Anal…