BMO Capital Markets has emerged as the leading financial adviser for metals and mining sector mergers and acquisitions (M&A), both in terms of deal value and volume, for the first three quarters (Q1-Q3) of 2026, based on a league table from data analytics company GlobalData.
According to GlobalData’s Financial Deals Database, BMO Capital Markets provided advisory services for 17 deals totalling $19.1bn.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
In terms of deal value, Goldman Sachs ranked second, advising on transactions worth $11.8bn.
The National Bank of Canada came next with $9bn, while Stifel/KBW and CIBC Capital Markets completed deals worth $8.4bn and $7.3bn, respectively.
Regarding deal volume, Moelis & Company secured the second spot with eight deals and higher financial value for the deal.
Canaccord Genuity Group ranked third with eight deals in the same period.
Goldman Sachs advised on six transactions securing fourth spot, while the National Bank of Canada, which also advised on six deals ranked fifth on the table.
GlobalData lead analyst Aurojyoti Bose said: “BMO Capital Markets was the clear winner, staying well ahead of its peers in terms of deal volume as well as value. It was the only adviser to hit double-digit deal volume during Q1-Q3 2026.
“Although it registered growth in both the total value and volume of deals advised by it, there was more than a two-fold jump in its total advised deals value during Q1-Q3 2026 compared to Q1-Q3 2025.
“BMO Capital Markets advised on five billion-dollar deals during Q1-Q3 2026, and involvement in these big-ticket deals helped it register a jump in its ranking from fifth to the top position in terms of value.”
GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available in the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.
To ensure further robustness of the data, the company also seeks submissions of deals from leading advisers.
