BMO Harris Bank

Bank of Montreal provides diversified financial services primarily in North America. It operates through three groups: Personal and Commercial Banking, Wealth Management, and BMO Capital Markets. The company’s personal banking products and services include checking and savings accounts, credit cards, mortgages, creditor insurance, and financial and investment advice; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, and specialized banking programs for small business and commercial banking customers. It also offers wealth management products and services, such as investment and wealth advisory services; online investing services; financial services and solutions to high net worth and ultra-high net worth clients; and investment management, and trust and custody services to institutional, retail, and high net worth investors.

In addition, the company provides life insurance, accident and sickness insurance, and annuity products to brokers and individuals; and reinsurance solutions. Further, it offers investment and corporate banking services, including client’s debt and equity capital-raising services, as well as loan origination and syndication, balance sheet management, and treasury management; strategic advice on mergers and acquisitions, restructurings, and recapitalizations, as well as valuation and fairness opinions; and trade finance, risk mitigation, and other operating services. Additionally, the company provides trading products, such as research and access to markets for institutional, corporate, and retail clients; new product development and origination services, as well as risk management advice and services to hedge against fluctuations; and funding and liquidity management services to its clients. It operates approximately 1,500 branches. The company was founded in 1817 and is headquartered in Montreal, Canada.

  • Real Estate Profile
  • Company Profile
  • Stock Charts
  • News
S&P Rating: A+

S&P Outlook: Stable

Moody Rating: Aa3

Moody Outlook: Stable

Typical Lease Characteristics

Tenant Overview

BMO Harris Bank, N.A. is a United States bank based in Chicago, Illinois. It is a member of the Federal Reserve System and operates branches in the states of Illinois, Indiana, Arizona, Missouri, Minnesota, Kansas, Florida, and Wisconsin. BMO Harris Bank has over 600 branches and 1,300 ATMs and employs 14,500 staff in the United States.

As with other strong banking tenants, these investments remain very safe and stable. The continuing pressures from online banking however do pose some uncertanty in the long term. Speciall consideration must be given to the number and total value of maintained accounts within the indivual branch.


  • Public Company, Credit Rated
  • NNN lease eliminates landlord responsibilities
  • Typically Long term leases with increases


  • Long term effects and pressures of online banking remain to be seen
  • Typically low cap rate

Market Snapshots:

On Market Ranges:

# of Properties in set: 19

Price: $1,833,250 - $2,480,290Average: $2,156,770

PPSF: $300 - $390Average: $343

Year Built: 1961 - 1997Average: 1980

CAP Rate Range: 5.13% - 6.46%Average: 6.03%

Size range: 2,800 sq ft - 9,962 sq ft Average: 6,147 sq ft

Last 12 Month Range:

# of Properties in set: 25

Price: $1,652,600 - $2,150,380Average: $1,991,089

PPSF: $278 - $371Average: $323

Year Built: 1969 - 2006Average: 1986

CAP Rate Range: 5.18% - 7.09%Average: 6.16%

Size range: 3,192 sq ft - 15,459 sq ft Average: 6,341 sq ft

BMO Harris Bank Company Profile

Headquarters Information

Montreal, Canada

Founded in 1817

Company type: Public

Stock Ticker: BMO

Sector: Financial

Industry: Money Center Banks

# of Employees: 45,000

S&P Rating: A+

S&P Outlook: Stable

S&P Rating: Aa3

Moody Outlook: Stable

BMO Harris Bank Stock Keys

Unable to open file