D

High AI Risk (49–52%)

Rank #1 of all employers

2026 data Public-data reference. official source

BANK OF MONTREAL /CAN/

Open-data reference.

BMO Commercial Banks, NEC SIC 6029
AI Displacement Risk Score
50.5% D

Weighted average O*NET AI exposure score for this industry's occupation mix

Workforce Size
N/A
Not reported in XBRL filings
Industry Classification
Commercial Banks, NEC
SIC Code: 6029
NAICS Sector: 52

AI Displacement Risk Analysis

Companies in Commercial Banks, NEC face high AI displacement risk. A significant portion of tasks can be augmented or replaced by AI systems, particularly in administrative, clerical, and analytical roles.

A
B
C
D
F

Workforce Insight

BANK OF MONTREAL /CAN/ (BMO) operates in Commercial Banks, NEC under SIC 6029, mapping to NAICS sector 52. The company carries an AI displacement risk grade of D with a weighted exposure score of 50.5%, derived from the occupation mix typical to this industry and mapped against O*NET Database 30.0 task-level automation probabilities. This positions BANK OF MONTREAL /CAN/ at rank #1 among all public employers tracked by PlainWorkforce.

Workforce size is not disclosed in recent SEC filings. The estimated occupation mix includes 5 distinct roles drawn from BLS industry-occupation employment distributions, with Insurance underwriters representing the largest share.

For workers and investors, the Grade D signal matters because it quantifies exposure to a specific macro force, the ongoing displacement pressure from generative AI and robotic process automation, that traditional financial disclosures do not yet capture. Grades A and B indicate workforces anchored in tasks requiring physical presence, complex judgment, or interpersonal skill; Grades D and F concentrate in clerical, administrative, and routine analytical tasks now within reach of large language models. Read this profile alongside the occupation-level task and skill breakdowns and the BLS employment projections to build a complete picture of BANK OF MONTREAL /CAN/'s labor footprint.

Estimated Workforce Occupation Mix

Based on BLS industry-occupation employment distributions for Commercial Banks, NEC. AI exposure scores from O*NET Database 30.0.

Occupation Est. Workforce Share AI Exposure
Insurance underwriters
SOC 13-2053
35%
45%
Shipping, receiving, and inventory clerks
SOC 43-5071
30%
60%
First-line supervisors of retail sales workers
SOC 41-1011
15%
45%
Funeral home managers
SOC 11-9171
10%
38%
Software developers
SOC 15-1252
10%
45%

Frequently Asked Questions

What is BANK OF MONTREAL /CAN/'s AI risk grade?

BANK OF MONTREAL /CAN/ (BMO) has an AI risk grade of D with a score of 50.5% — high ai risk (49–52%). Companies in Commercial Banks, NEC face high AI displacement risk. A significant portion of tasks can be augmented or replaced by AI systems, particularly in administrative, clerical, and analytical roles.

How is the AI risk score calculated?

The AI risk score is computed from the company's primary industry (SIC 6029: Commercial Banks, NEC), mapped to Bureau of Labor Statistics occupational employment distributions. For each occupation in the industry workforce, we apply O*NET task-level AI exposure scores and compute a weighted average. A score of 0 means no AI risk; 100 means maximum exposure.

Which occupations at BANK OF MONTREAL /CAN/ face the most AI risk?

Based on the industry occupation mix, key roles at BANK OF MONTREAL /CAN/ include: Insurance underwriters (45% AI exposure), Shipping, receiving, and inventory clerks (60% AI exposure), First-line supervisors of retail sales workers (45% AI exposure). These represent the largest estimated workforce shares.

How many employees does BANK OF MONTREAL /CAN/ have?

BANK OF MONTREAL /CAN/'s employee count is not reported in its XBRL filings. Workforce size can vary — check the company's most recent annual report or SEC filings for current data.

Has BANK OF MONTREAL /CAN/ had layoffs?

WARN Act layoff notices and workforce reduction history for BANK OF MONTREAL /CAN/ are published by state labor agencies and the U.S. Department of Labor. WARN Act data covers mass layoffs affecting 100+ workers, as required by federal reporting. Not all workforce changes are captured in WARN filings.

What industry is BANK OF MONTREAL /CAN/ in?

BANK OF MONTREAL /CAN/ is classified under SIC code 6029 (Commercial Banks, NEC), which maps to NAICS sector 52. Industry classification determines the occupation mix used to compute the AI displacement risk score.

AI risk scores are estimates based on industry-level occupation distributions and may not reflect individual employer hiring practices. Data sources: SEC EDGAR (company SIC codes) · O*NET Database 30.0 (AI exposure scores) · BLS Employment Projections 2024–2034. This is not financial advice.

Related

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainWorkforce Editorial