BMO Financial Group NPS & Customer Reviews | Comparably
Brand Page
BMO Financial Group
Marketing or Exec? Claim Your Free Account

About BMO Financial Group's Brand

Bank of Montreal is a diversified financial services provider based in North America, operating four business segments: Canadian P&C banking, U.S. P&C banking, wealth management, and capital markets.

Brand at a Glance

71%
Customer Loyalty
3.3/5
Product Quality
3.2/5
Pricing
3.2/5
Customer Service

BMO Financial Group NPS

BMO Financial Group's Net Promoter Score (NPS) is a -47 with 20% Promoters, 13% Passives, and 67% Detractors. Net Promoter Score tracks whether BMO Financial Group's customers would recommend using the product based on a scale of -100 to 100.

BMO Financial Group Overall NPS

-47
NPS
20%Promoters
13%Passives
67%Detractors
BMO Financial Group Overall NPS

BMO Financial Group NPS Trend

-100
-50
0
50
100
May 2022
-100
May 2022-100
Aug 2022
-100
Aug 2022-100
Oct 2022
-100
Oct 2022-100
Nov 2022
-100
Nov 2022-100
Jun 2023
-83
Jun 2023-83
Jul 2023
-71
Jul 2023-71
Dec 2023
-50
Dec 2023-50
Jan 2024
-63
Jan 2024-63
Feb 2024
-70
Feb 2024-70
Mar 2025
-57
Mar 2025-57
Apr 2025
-46
Apr 2025-46

What is NPS

Net Promoter Score (NPS) is a management tool that can be used to gauge the satisfaction of a firm's customer relationships. NPS has been widely adopted as a key metric often linked to the revenue potential of a company’s product or service. The metric is based on customer responses to the question: "On a scale of 0 to 10, how likely are you to recommend the product to a friend?"

Those who respond with a score of 9 to 10 are known as Promoters, and are widely associated with behaviors that create value, including actively encouraging others to use the product or service. Those who respond with a score of 7 or 8 are categorized as Passives, and they are believed to be less likely to exhibit the value-creation traits of Promoters having a largely neutral effect on other consumers. Detractors are those who fall in the score range of 0 to 6 and represent dissatisfied customers of the product sometimes actively recommending against using the product.

BMO Financial Group NPS by Usage

BMO Financial Group's NPS was rated -67 points by customers who have used BMO Financial Group's products/services for Less than 1 Year.

-100
-50
0
50
100
Less than 1 Year
-67
Less than 1 Year-67

BMO Financial Group Customer Reviews

What can this brand most improve?
Funds transfer between accounts. Money should able to be moved and posted almost immediately between accounts at the same bank. It recently took three or four days to move money from BMO savings to BMO checking and being available for withdrawal.

BMO Financial Group Customer Loyalty

71%

Customer Loyalty is a strong indicator of whether or not a customer will choose a brand repeatedly over a competitor that offers similar products/services.

71% of BMO Financial Group users/customers answered "Yes" when asked: "Would you consider yourself a loyal user/customer?"

Sign Up to see the full customer demographics data and the people that answered "Yes" when asked "Would you consider yourself a loyal user/customer?"

71
71%
29
29%
BMO Financial Group Customer Loyalty

BMO Financial Group Customer Loyalty Score by Usage

BMO Financial Group's Customer Loyalty score was rated 40% by customers who have used BMO Financial Group's products/services for Less than 1 Year.

Sign Up for Brand Profile PRO to get the full Customer Loyalty by Usage data and uncover the answer to "Would you consider yourself a loyal user/customer?" by usage.

Less than 1 Year
40%

BMO Financial Group Product Quality

3.3/5

BMO Financial Group has an overall Product Quality score of 3.3 out of 5 stars rated by its users and customers.

Sign Up to unlock BMO Financial Group's overall Product Quality score rated by its users and customers.

BMO Financial Group Product Information

BMO Financial Group’s product quality score is a 3.3 out of 5 as rated by its users and customers.

Website
www.bmo.com
Company Size
10,000+ Employees

Quick Insights into BMO Financial Group Product Quality

BMO Financial Group's Product Quality score was rated highest by customers who have used BMO Financial Group's products/services for Less than 1 Year.

Sign Up to unlock insights into how customers have ranked BMO Financial Group's Product Quality.

Ranked BMO Financial Group Product Quality the Highest

Less than 1 Year
3

BMO Financial Group Product Quality Score by Usage

BMO Financial Group's Product Quality score was rated 3 stars by customers who have used BMO Financial Group's products/services for Less than 1 Year.

Sign Up for Brand Profile PRO to get the full Product Quality by Usage data.

Less than 1 Year
3

BMO Financial Group Pricing

BMO Financial Group ROI & Value For Money

3.2/5

BMO Financial Group has a value for money and ROI score of 3.2 out of 5 stars rated by its users and customers.

Sign Up to unlock BMO Financial Group's overall ROI score rated by its users and customers.

Quick Insights into BMO Financial Group ROI

BMO Financial Group's ROI score was rated highest by customers who have used BMO Financial Group's products/services for Less than 1 Year.

Sign Up to unlock insights into how customers have ranked BMO Financial Group's ROI score.

Ranked BMO Financial Group ROI the Highest

Less than 1 Year
3.3

BMO Financial Group ROI Score by Usage

BMO Financial Group's ROI score was rated 3.3 stars by customers who have used BMO Financial Group's products/services for Less than 1 Year.

Sign Up for Brand Profile PRO to get the full ROI by Usage data.

Less than 1 Year
3.3

BMO Financial Group Customer Satisfaction (CSAT)

BMO Financial Group Customer Satisfaction (CSAT) Score

46 / 100

BMO Financial Group has an overall Customer Satisfaction score of 46 rated by its users and customers.

Sign Up to see the full customer demographics data and the people that answered "How would you rate your overall satisfaction with the service you received?"

Very Satisfied0%
Satisfied46%
Neither Satisfied nor Dissatisfied27%
Dissatisfied0%
Very Dissatisfied27%
Very Satisfied
0%
Satisfied
46%
Neither Satisfied nor Dissatisfied
27%
Dissatisfied
0%
Very Dissatisfied
27%

What is Customer Satisfaction (CSAT) Score

Customer Satisfaction Score (also known as CSAT), is a metric used to quantify how satisfied customers are with a company or brand’s products and services. The Customer Satisfaction Score is based on customers response to the question: “How would you rate your overall satisfaction with the service you received?” The score is calculated using the formula: (The total number answer of “Very Satisfied” and “Satisfied”) ÷ (The total response) x100, and it is generally displayed in percentages. Some of the main benefits of the CSAT for businesses are tracking retention, identifying happy customers and growing relationships, and gaining repeat business to build a sustainable brand.

Quick Insights into BMO Financial Group Customer Satisfaction

BMO Financial Group's Customer Satisfaction score was rated highest by customers who have used BMO Financial Group's products/services for Less than 1 Year.

Sign Up to unlock insights into how customers have ranked BMO Financial Group's Customer Satisfaction.

Ranked BMO Financial Group Customer Satisfaction the Highest

Less than 1 Year
33%

BMO Financial Group Customer Satisfaction Score by Usage

BMO Financial Group's Customer Satisfaction score was rated 33 points by customers who have used BMO Financial Group's products/services for Less than 1 Year.

Sign Up for Brand Profile PRO to get the full Customer Satisfaction by Usage data.

Less than 1 Year
33

BMO Financial Group Customer Service

3.2/5

BMO Financial Group has an overall Customer Service score of 3.2 out of 5 stars rated by its users and customers.

Sign Up to unlock BMO Financial Group's overall Customer Service score rated by its users and customers.

About BMO Financial Group's Customer Service

Address

100 King Street West, Toronto, M5X 1A1


Website

www.bmo.com


Phone Number

7

Quick Insights into BMO Financial Group Customer Service

BMO Financial Group's Customer Service score was rated highest by customers who have used BMO Financial Group's products/services for Less than 1 Year.

Sign Up to unlock insights into how customers have ranked BMO Financial Group's Customer Service score.

Ranked BMO Financial Group Customer Service the Highest

Less than 1 Year
3

BMO Financial Group Customer Service Score by Usage

BMO Financial Group's Customer Service score was rated 3 stars by customers who have used BMO Financial Group's products/services for Less than 1 Year.

Sign Up for Brand Profile PRO to get the full Customer Service by Usage data.

Less than 1 Year
3

BMO Financial Group as an Employer

4.1/5

BMO Financial Group has a 4.1/5 stars for its overall company culture rated by their employees

  BMO Financial Group CEO
top
20%
CEO of BMO Financial Group

In the Top 20% of Similar Sized Companies on Comparably.

Consumer vs. Employees

BMO Financial Group scored a -47 for Net Promoter Score and a -8 for Employee Net Promoter Score. NPS gauges how likely a customer of BMO Financial Group would recommend the brand to a friend. ENPS measures how likely BMO Financial Group employees would recommend working at BMO Financial Group to a friend.

Net Promoter Score

-47
NPS Score
20%Promoters
13%Passive
67%Detractors

Employee Net Promoter Score

-8
eNPS Score
28%Promoters
36%Passive
36%Detractors

Global Ranking Snapshot

RANKCOMPANYCEOINDUSTRY
1
Costco  Costco CEO
W. Craig Jelinek
Retail
2
Peloton  Peloton CEO
Barry McCarthy
Health and Wellness
3
Chick-fil-A  Chick-fil-A CEO
Dan Cathy
Food and Beverages
4
Netflix  Netflix CEO
Ted Sarandos
Media and Entertainment
5
Apple  Apple CEO
Timothy Cook
Tech
6
Nike  Nike CEO
John Donahoe
Fashion and Beauty
7
Target  Target CEO
Brian Cornell
Retail