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BMO closes sale of Transportation and Vendor Finance businesses to Stonepeak, retaining 19.9% stake.

Company Fundamentals
30 Oct 2026, 01:30 WIB
PRNewsWire
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Bullish
BMO closes sale of Transportation and Vendor Finance businesses to Stonepeak, retaining 19.9% stake.

BMO Financial Group has completed the sale of about 75% of its Transportation Finance and Vendor Finance loan and lease portfolio, valued at C$11 billion, to Stonepeak. The remaining portfolio is expected to transfer in early 2027. BMO retains a 19.9% stake in the new Stonepeak-managed entity, Longview Capital Solutions, allowing it to benefit from future growth. This deal is expected to improve BMO's common equity Tier 1 capital ratio by approximately 23 basis points in Q4 2026, supporting the bank's financial strength.

BMO's sale of its Transportation and Vendor Finance businesses is presented here with Pluang's Financials-sector snapshot as of Oct 30, 2026 05:31 WIB: Among 142 priced US Financials stocks, 105 rose and 37 fell today. Notably, PSEC gained 5.92% but saw mostly sell orders (95%), contrasting with ICE which rose 5.80% on 100% buy orders, while CRCL dropped 5.81% despite full buy interest. Typical hold times vary from 7 to 79 days across these assets.

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