C$14.5B loan portfolioDivestiture / carve-outFinancial ServicesCompleted
BMO closes sale of transportation and vendor finance arms to Stonepeak
BMO closed the sale of its US and Canadian Transportation Finance and Vendor Finance businesses to Stonepeak, transferring about C$11 billion of a roughly C$14.5 billion loan and lease portfolio at closing. The rest transfers in early fiscal 2027. BMO keeps a 19.9% stake, and the business relaunches as Longview Capital Solutions.
Why it matters: BMO expects the sale to lift its CET1 capital ratio by about 23 basis points, while Stonepeak gains a North American equipment finance platform.
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