NPS Intelligence (beta)

Disclosed NPS & retention by vertical

Verticals  /  Banking  /  Bank of Montreal

Bank of Montreal

BankingBankBMO
bmo.com ↗
51
Latest disclosed NPS
6 Mar 2020
69
NPS entries
35 with a number
2005–26
Years covered
69 entries in all

In their words

“In all of our businesses, we're adding customers, we're expanding relationships, we're deepening loyalty, which we see in improving net promoter scores.”
— Darryl White, Chief Executive Officer, Bank of Montreal · Earnings call, Q2 2019 · 29 May 2019
“In client loyalty, our net promoter scores are up 7 points year-over-year across all of our relationship businesses and we had J.D. Power Honors in both InvestorLine and Nesbitt Burns and high net new client growth.”
— Joanna Rotenberg, Wealth Management Executive, Bank of Montreal · Earnings call, Q4 2018 · 4 Dec 2018
“Our overall customer loyalty/experience score of 51 exceeded our 2019 goal of 48 and was one of our highest scores to date. Net Promoter Scores (NPS) are derived from customer surveys.”
— Bank of Montreal · SEC 6-K report · filed 6 Mar 2020

Disclosed NPS over time

Every Net Promoter Score Bank of Montreal has published, by date.

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NPS disclosures (69)

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11 Mar 2026
NPSProgram

• Continued strengthening of client loyalty in Personal and Business Banking, Commercial Banking and Private Wealth, as measured by Net Promoter Score (2) .

— Bank of Montreal · SEC 6-K report · filed 11 Mar 2026
SEC 6-K report ↗
17 Dec 2025
NPSProgram

Maintained strong client loyalty in Personal and Business Banking and Commercial Banking, as measured by Net Promoter Score (NPS) (1) • Continued to advance an integrated and client-centric treasury and payment solutions approach in Business Banking,…

— Bank of Montreal · SEC 40-F/A · filed 17 Dec 2025
SEC 40-F/A ↗
4 Dec 2025
NPSProgram

Maintained strong client loyalty in Personal and Business Banking and Commercial Banking, as measured by Net Promoter Score (NPS) (1) • Continued to advance an integrated and client-centric treasury and payment solutions approach in Business Banking,…

— Bank of Montreal · SEC 40-F annual report · filed 4 Dec 2025
SEC 40-F annual report ↗
5 Dec 2024
NPSProgram

Maintained strong customer loyalty in both Personal and Business Banking and Commercial Banking, as measured by Net Promoter Score (1) • Named Best Commercial Bank in Canada for the 10 th consecutive year and Best Retail Bank in Canada for the third…

— Bank of Montreal · SEC 40-F annual report · filed 5 Dec 2024
SEC 40-F annual report ↗
1 Dec 2023
NPSProgram

…Maintained strong customer loyalty in both Personal and Business Banking and Commercial Banking, as measured by Net Promoter Score (1) • Ranked first by J.D.

— Bank of Montreal · SEC 40-F annual report · filed 1 Dec 2023
SEC 40-F annual report ↗
2 Mar 2023
NPSProgram

…We maintained customer loyalty, meeting or exceeding Net Promoter Scores (1) across most of the businesses, with an enterprise achievement of 100% of target. l •

— Bank of Montreal · SEC 6-K report · filed 2 Mar 2023
SEC 6-K report ↗
1 Dec 2022
NPSProgram

…Maintained strong customer loyalty in Personal and Business Banking and top-tier customer loyalty in Commercial Banking, as measured by Net Promoter Score (1) •

— Bank of Montreal · SEC 40-F annual report · filed 1 Dec 2022
SEC 40-F annual report ↗
7 Mar 2022
NPSProgram

…We achieved record customer loyalty across the businesses and met or exceeded net promoter scores with a Total Bank achievement of 105% of target. 🌑 •

— Bank of Montreal · SEC 6-K report · filed 7 Mar 2022
SEC 6-K report ↗
3 Dec 2021
NPSProgram

…Continued to maintain strong customer loyalty in Personal Banking and leading customer loyalty in Commercial Banking, as measured by Net Promoter Score •

— Bank of Montreal · SEC 40-F annual report · filed 3 Dec 2021
SEC 40-F annual report ↗
8 Mar 2021
NPSProgram

…Portfolio Update Board COVID-19 – Client Impact and Client Flows Board Commercial Real Industry Review Risk Review Quarterly review of net promoter scores in Wealth Management and Personal Banking Winning culture Compensation Governance Framework and…

— Bank of Montreal · SEC 6-K report · filed 8 Mar 2021
SEC 6-K report ↗
1 Dec 2020
NPSProgram

…Continued to strengthen customer loyalty, with an 18% increase in Net Promoter Score during the year. Ranked first in the J.D.

— Bank of Montreal · SEC 40-F annual report · filed 1 Dec 2020
SEC 40-F annual report ↗
6 Mar 2020
NPS51

Our overall customer loyalty/experience score of 51 exceeded our 2019 goal of 48 and was one of our highest scores to date. Net Promoter Scores (NPS) are derived from customer surveys.

— Bank of Montreal · SEC 6-K report · filed 6 Mar 2020
SEC 6-K report ↗
3 Dec 2019
NPSProgram

…Further improved customer loyalty in Personal Banking, as measured by Net Promoter Score, and continued to have best-in-class Net Promoter Score in Commercial Banking •

— Bank of Montreal · SEC 40-F annual report · filed 3 Dec 2019
SEC 40-F annual report ↗
29 May 2019
NPSProgram

In all of our businesses, we're adding customers, we're expanding relationships, we're deepening loyalty, which we see in improving net promoter scores.

— Darryl White, Chief Executive Officer, Bank of Montreal · Earnings call, Q2 2019 · 29 May 2019
Earnings call, Q2 2019 ↗
8 Mar 2019
NPSProgram

…technology to transform our business 4 Leverage our consolidated North American platform and expand strategically in select global markets to deliver growth 5 Ensure our strength in risk management underpins everything we do for our customers Customer •

— Bank of Montreal · SEC 6-K report · filed 8 Mar 2019
SEC 6-K report ↗
21 Dec 2018
NPSProgram

…Further improved customer loyalty as measured by Net Promoter Score across all businesses •

— Bank of Montreal · SEC 6-K report · filed 21 Dec 2018
SEC 6-K report ↗
4 Dec 2018
NPSProgram

In client loyalty, our net promoter scores are up 7 points year-over-year across all of our relationship businesses and we had J.D. Power Honors in both InvestorLine and Nesbitt Burns and high net new client growth.

— Joanna Rotenberg, Wealth Management Executive, Bank of Montreal · Earnings call, Q4 2018 · 4 Dec 2018
Earnings call, Q4 2018 ↗
4 Dec 2018
NPSProgram

…Further improved customer loyalty as measured by Net Promoter Score across all businesses •

— Bank of Montreal · SEC 40-F annual report · filed 4 Dec 2018
SEC 40-F annual report ↗
12 Feb 2018
NPSProgram

…Further improved customer loyalty as measured by Net Promoter Score in both commercial and business banking by improving our product offerings, deepening our understanding of our clients’ needs and enhancing our digital solutions.

— Bank of Montreal · SEC 6-K report · filed 12 Feb 2018
SEC 6-K report ↗
5 Dec 2017
NPSProgram

…Further improved customer loyalty as measured by Net Promoter Score in both commercial and business banking by improving our product offerings, deepening our understanding of our clients’ needs and enhancing our digital solutions.

— Bank of Montreal · SEC 40-F annual report · filed 5 Dec 2017
SEC 40-F annual report ↗
12 Jan 2016
NPSProgram

…Delivered strong and improving net promoter score (NPS) results for the commercial banking segment, as we revitalized our internal and external customer experience initiatives to build greater loyalty.

— Bank of Montreal · SEC 6-K report · filed 12 Jan 2016
SEC 6-K report ↗
1 Dec 2015
NPSProgram

…Delivered strong and improving net promoter score (NPS) results for the commercial banking segment, as we revitalized our internal and external customer experience initiatives to build greater loyalty.

— Bank of Montreal · SEC 40-F annual report · filed 1 Dec 2015
SEC 40-F annual report ↗
30 Jan 2015
NPSProgram

Scores in our annual employee survey indicated a high level of confidence in BMO and our customer-focused strategy. Ÿ Achieved top-tier customer loyalty as measured by Net Promoter Score.

— Bank of Montreal · SEC 6-K report · filed 30 Jan 2015
SEC 6-K report ↗
2 Dec 2014
NPSProgram

Scores in our annual employee survey indicated a high level of confidence in BMO and our customer-focused strategy. Ÿ Achieved top-tier customer loyalty as measured by Net Promoter Score.

— Bank of Montreal · SEC 40-F annual report · filed 2 Dec 2014
SEC 40-F annual report ↗
13 Jan 2014
NPSProgram

Enhance the customer experience to create a differentiated position in the Canadian market 2013 Achievements Ÿ Continued to maintain strong customer loyalty scores as measured by Net Promoter Score.

— Bank of Montreal · SEC 6-K report · filed 13 Jan 2014
SEC 6-K report ↗
3 Dec 2013
NPSProgram

Enhance the customer experience to create a differentiated position in the Canadian market 2013 Achievements Ÿ Continued to maintain strong customer loyalty scores as measured by Net Promoter Score.

— Bank of Montreal · SEC 40-F annual report · filed 3 Dec 2013
SEC 40-F annual report ↗
27 Aug 2013
NPSProgram

We continue to have top-tier performance in customer loyalty, as measured by the net promoter score. In commercial banking, momentum continues with strong year-over-year growth in commercial loans of 12% and deposits of 15%.

— Bank of Montreal · SEC 6-K report · filed 27 Aug 2013
SEC 6-K report ↗
29 May 2013
NPSProgram

Our focus on making money make sense for our customers, and offering simplified and innovative products and exceptional customer service has resulted in customer loyalty scores that continue to be top-tier, as measured by net promoter score.

— Bank of Montreal · SEC 6-K report · filed 29 May 2013
SEC 6-K report ↗
26 Feb 2013
NPSProgram

We continue to have top-tier performance in customer loyalty, as measured by the net promoter score. Personal banking continues to see momentum and improved sales force productivity.

— Bank of Montreal · SEC 6-K report · filed 26 Feb 2013
SEC 6-K report ↗
4 Dec 2012
NPSProgram

Maintain strong customer loyalty. Ÿ Achieved a number-two ranking from Greenwich Associates in market penetration, overall customer satisfaction and Net Promoter Score among our peer U.S. commercial banks. Ÿ Opened more than 15,000 savings accounts for…

— Bank of Montreal · SEC 40-F annual report · filed 4 Dec 2012
SEC 40-F annual report ↗
28 Aug 2012
NPSProgram

In addition, cross-selling of products to both personal and commercial customers continues to grow, while customer loyalty, as measured by net promoter score, continues to improve in both our personal and commercial businesses.

— Bank of Montreal · SEC 6-K report · filed 28 Aug 2012
SEC 6-K report ↗
23 May 2012
NPSProgram

We are seeing further increases in the average number of product categories used by both personal and commercial customers and customer loyalty, as measured by net promoter score, continues to improve in both our personal and commercial businesses.

— Bank of Montreal · SEC 6-K report · filed 23 May 2012
SEC 6-K report ↗
18 Jan 2012
NPS43

BMO Harris Bank improved on its top 10 ranking from 2010. Ÿ Our personal banking Net Promoter Score (excluding M&I) was 43, an increase of three points from 2010. Ÿ Continued to help our customers with their financial needs with Helpful Steps; launched…

— Bank of Montreal · SEC 6-K report · filed 18 Jan 2012
SEC 6-K report ↗
6 Dec 2011
NPSProgram

As a result of these efforts, our net promoter score, a measure of customer loyalty, continues to improve and we continue to see increases in the average number of product categories used by both personal and commercial customers.

— Bank of Montreal · SEC 6-K report · filed 6 Dec 2011
SEC 6-K report ↗
6 Dec 2011
NPS43

BMO Harris Bank improved on its top 10 ranking from 2010. Ÿ Our personal banking Net Promoter Score (excluding M&I) was 43, an increase of three points from 2010. Ÿ Continued to help our customers with their financial needs with Helpful Steps; launched…

— Bank of Montreal · SEC 40-F annual report · filed 6 Dec 2011
SEC 40-F annual report ↗
24 Aug 2011
NPS43

Our personal retail net promoter score of 43 continues to improve, and with three quarters of sequential growth and an increase of one point from 42 in the prior quarter, our score remains very strong compared to the scores of our major competitors.

— Bank of Montreal · SEC 6-K report · filed 24 Aug 2011
SEC 6-K report ↗
25 May 2011
NPS42

Our personal net promoter score was 42 for the second quarter of 2011, up from 41 in the preceding quarter, and remains very strong compared to the scores of our major competitors.

— Bank of Montreal · SEC 6-K report · filed 25 May 2011
SEC 6-K report ↗
1 Mar 2011
NPS41

Our retail net promoter score was 41 for the first quarter of 2011 and 40 in the prior quarter, and remains very strong compared to the scores of our major competitors.

— Bank of Montreal · SEC 6-K report · filed 1 Mar 2011
SEC 6-K report ↗
15 Dec 2010
NPS40

…(US$) (%) (8.9 ) 1.8 (6.7 ) Core operating leverage (US$) (%) (2) (4.5 ) 1.9 3.4 Number of branches 312 280 281 Personal Banking Net Promoter Score (3) 40 43 42 Serviced mortgage portfolio growth (%) 5.6 13.3 39.7 Employee engagement index (4) 71…

— Bank of Montreal · SEC 6-K report · filed 15 Dec 2010
SEC 6-K report ↗
8 Dec 2010
NPS40

…(US$) (%) (8.9 ) 1.8 (6.7 ) Core operating leverage (US$) (%) (2) (4.5 ) 1.9 3.4 Number of branches 312 280 281 Personal Banking Net Promoter Score (3) 40 43 42 Serviced mortgage portfolio growth (%) 5.6 13.3 39.7 Employee engagement index (4) 71…

— Bank of Montreal · SEC 40-F annual report · filed 8 Dec 2010
SEC 40-F annual report ↗
24 Aug 2010
NPS41

Our retail net promoter score was 41 for the third quarter of 2010, compared with 39 in the second quarter. Our retail net promoter score remains very strong compared to the scores of the major banks with which we compete.

— Bank of Montreal · SEC 6-K report · filed 24 Aug 2010
SEC 6-K report ↗
26 May 2010
NPS39

Our retail net promoter score was 39 for the second quarter of 2010, compared with 40 in the first quarter. Our retail net promoter score remains very strong compared to the scores of our major competitors.

— Bank of Montreal · SEC 6-K report · filed 26 May 2010
SEC 6-K report ↗
3 Mar 2010
NPS40

Our retail net promoter score was 40 for the first quarter of 2010, compared with 43 in the fourth quarter of 2009. Our retail net promoter score remains very strong compared to the scores of our major competitors.

— Bank of Montreal · SEC 6-K report · filed 3 Mar 2010
SEC 6-K report ↗
14 Dec 2009
NPS44

Our U.S. retail Net Promoter Score was 44 in 2009, an increase of 2 points from 2008. 52 BMO Financial Group 192nd Annual Report 2009 U.S.

— Bank of Montreal · SEC 40-F annual report · filed 14 Dec 2009
SEC 40-F annual report ↗
25 Nov 2009
NPS44

Our retail net promoter score was 44 for 2009, compared with 42 in 2008, while the average scores of our large bank competitors declined. These efforts have positioned us well as we come out of the current economic downturn.

— Bank of Montreal · SEC 6-K report · filed 25 Nov 2009
SEC 6-K report ↗
26 Aug 2009
NPSProgram

Our Retail Net Promoter Score, a measure of the strength of customer loyalty, remains strong and consistent, at a time when the scores of a number of our competitors have deteriorated.

— Bank of Montreal · SEC 6-K report · filed 26 Aug 2009
SEC 6-K report ↗
27 May 2009
NPS44

Our Retail Net Promoter Score, a measure of the strength of customer loyalty, improved two points from both the prior quarter and from a year ago to 44, at a time when the scores of a number of our competitors deteriorated.

— Bank of Montreal · SEC 6-K report · filed 27 May 2009
SEC 6-K report ↗
4 Mar 2009
NPS42

Our Retail Net Promoter Score, a measure of the strength of customer loyalty, remained consistent with the prior quarter at 42, and improved from 41 a year ago at a time when others are declining.

— Bank of Montreal · SEC 6-K report · filed 4 Mar 2009
SEC 6-K report ↗
16 Dec 2008
NPS42

We introduced Net Promoter Score (NPS) – a measure of customer loyalty – to many more of our businesses. Today, NPS helps us gauge how we are doing with customers across most of the enterprise and points of contact.

— Bank of Montreal · SEC 6-K report · filed 16 Dec 2008
SEC 6-K report ↗
10 Dec 2008
NPS42

• Continued to increase our retail Net Promoter Score, from 41 to 42, while the average scores of both network banks and community banks declined.

— Bank of Montreal · SEC 40-F annual report · filed 10 Dec 2008
SEC 40-F annual report ↗
26 Nov 2008
NPS42

…23 Our Retail Net Promoter Score, a measure of the strength of customer loyalty, was unchanged from the third quarter at 42, but improved from 41 a year ago.

— Bank of Montreal · SEC 6-K report · filed 26 Nov 2008
SEC 6-K report ↗
27 Aug 2008
NPS42

Our Retail Net Promoter Score, a measure of the strength of customer loyalty, was consistent with the prior quarter at 42%. Q3 YTD 2008 vs Q3 YTD 2007 Net income of $84 million rose $1 million or 0.3%.

— Bank of Montreal · SEC 6-K report · filed 27 Aug 2008
SEC 6-K report ↗
28 May 2008
NPS42

Our Retail Net Promoter Score, a measure of the strength of customer loyalty, improved from the prior quarter to 42%. Q2 YTD 2008 vs Q2 YTD 2007 Net income decreased $2 million or 2.5%.

— Bank of Montreal · SEC 6-K report · filed 28 May 2008
SEC 6-K report ↗
5 Mar 2008
NPSProgram

Our Retail Net Promoter Score, a measure of the strength of customer loyalty, remained consistent with the prior quarter. BMO Financial Group First Quarter Report 2008 •

— Bank of Montreal · SEC 6-K report · filed 5 Mar 2008
SEC 6-K report ↗
12 Dec 2007
NPS41

• Our Retail Net Promoter Score increased to 41 from 39, reflecting strengthening customer loyalty. 2008 Group Objectives •

— Bank of Montreal · SEC 40-F annual report · filed 12 Dec 2007
SEC 40-F annual report ↗
28 Nov 2007
NPS41

Our Retail Net Promoter Score, a measure of the strength of customer loyalty, was 41, up from 39 in 2006. Private Client Group (PCG) Increase/(Decrease) Increase/(Decrease) Increase/(Decrease) (Canadian $ in millions, except as noted) Q4-2007 vs.

— Bank of Montreal · SEC 6-K report · filed 28 Nov 2007
SEC 6-K report ↗
29 Aug 2007
NPS41

Our Retail Net Promoter Score, a measure of the strength of customer loyalty, was 41%, consistent with the second quarter. During the quarter, we successfully completed the conversion of FNBT into our operating model and brand with minimal customer impact.

— Bank of Montreal · SEC 6-K report · filed 29 Aug 2007
SEC 6-K report ↗
29 May 2007
NPS40

Our Retail Net Promoter Score, a measure of the strength of customer loyalty, increased to 40% in the first quarter from 39% at the end of last year.

— Bank of Montreal · SEC 6-K report · filed 29 May 2007
SEC 6-K report ↗
24 May 2007
NPS41

Our Retail Net Promoter Score, a measure of the strength of customer loyalty, increased to 41% from 40% at the end of the first quarter. We recently completed the conversion of FNBT into our operating model and brand with minimal customer impact.

— Bank of Montreal · SEC 6-K report · filed 24 May 2007
SEC 6-K report ↗
16 Mar 2007
NPS40

Our Retail Net Promoter Score, a measure of the strength of customer loyalty, increased to 40% from 39% at the end of last year. P&C U.S.

— Bank of Montreal · SEC 6-K report · filed 16 Mar 2007
SEC 6-K report ↗
1 Mar 2007
NPS40

Our Retail Net Promoter Score, a measure of the strength of customer loyalty, increased to 40% from 39% at the end of last year. U.S.

— Bank of Montreal · SEC 6-K report · filed 1 Mar 2007
SEC 6-K report ↗
18 Dec 2006
NPS39

• Our retail net promoter score increased to 39 from 34, reflecting strengthening customer loyalty and solid improvement, reducing the gap with community banks while maintaining our lead over network banks.

— Bank of Montreal · SEC 40-F annual report · filed 18 Dec 2006
SEC 40-F annual report ↗
6 Sep 2006
NPS37

Consumer loans grew 15.5% in a highly competitive market, while small business loans grew 13.3%. § Our Net Promoter Score, a measure of the strength of our customer loyalty, increased to 37 from 35 last quarter, while our Retail Secure Customer Index…

— Bank of Montreal · SEC 6-K report · filed 6 Sep 2006
SEC 6-K report ↗
23 Aug 2006
NPS37

• Our Net Promoter Score, a measure of the strength of our customer loyalty, increased to 37 from 35 last quarter, while our Retail Secure Customer Index held steady at 42.

— Bank of Montreal · SEC 6-K report · filed 23 Aug 2006
SEC 6-K report ↗
9 Jun 2006
NPS35

…Indiana into the other Midwest states and double our network to 350 to 400 branches over the next 3 to 5 years. § Our Net Promoter Score, a measure of the intensity of customer loyalty, has increased to 35 from 34 in 2005, while our Retail Secure…

— Bank of Montreal · SEC 6-K report · filed 9 Jun 2006
SEC 6-K report ↗
25 May 2006
NPS35

• Our Net Promoter Score, a measure of the intensity of customer loyalty, has increased to 35 from 34 in 2005, while our Retail Secure Customer Index has remained at 42.

— Bank of Montreal · SEC 6-K report · filed 25 May 2006
SEC 6-K report ↗
16 Mar 2006
NPS35

• Our Net Promoter Score, a measure of the intensity of customer loyalty, increased to 35% and our Secure Customer Index remained at 42%. BMO Financial Group First Quarter Report 2006 15 Management’s Discussion and Analysis Private Client Group (PCG)…

— Bank of Montreal · SEC 6-K report · filed 16 Mar 2006
SEC 6-K report ↗
2 Mar 2006
NPS35

• Our Net Promoter Score, a measure of the intensity of customer loyalty, increased to 35% and our Secure Customer Index remained at 42%. 25 PRIVATE CLIENT GROUP (PCG) Increase/(Decrease) Increase/(Decrease) (Canadian $ in millions, except as noted)…

— Bank of Montreal · SEC 6-K report · filed 2 Mar 2006
SEC 6-K report ↗
19 Dec 2005
NPS34

• Our Net Promoter Score, a measure of the intensity of our customers’ loyalty, rose from 26% in 2003 to 34% in 2005 – triple the network average.

— Bank of Montreal · SEC 40-F annual report · filed 19 Dec 2005
SEC 40-F annual report ↗

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About these figures

Every figure here was publicly disclosed by the named company: press releases, annual reports, SEC filings, earnings calls and news coverage. Companies tend to publish their NPS when it is good, so these numbers run higher than a true industry average: read them as what leading companies in this vertical say publicly, not as an industry benchmark.

NPS runs from −100 to +100. Retention figures are reported as the company defines them (net revenue retention, gross revenue retention, customer retention rate, churn). Every entry links to its source in the full database.