BMO FY2026 EPS Forecast Lifted by National Bank Financial

Key Points

• National Bank Financial has raised its FY2026 earnings per share (EPS) estimate for Bank Of Montreal to $9.35, an increase from the previous forecast of $9.28.
• Bank Of Montreal reported $1.84 EPS for the last quarter, matching analyst estimates, but its revenue of $6.32 billion fell short of expectations.
• The bank recently declared a quarterly dividend of $1.1801 per share, up from the previous $1.11, reflecting a positive dividend growth trend.

Bank Of Montreal (NYSE:BMO - Free Report) TSE: BMO - Stock analysts at National Bank Financial boosted their FY2026 earnings per share (EPS) estimates for Bank Of Montreal in a research note issued to investors on Thursday, August 14th. National Bank Financial analyst G. Dechaine now anticipates that the bank will post earnings per share of $9.35 for the year, up from their prior estimate of $9.28. The consensus estimate for Bank Of Montreal's current full-year earnings is $7.71 per share.

Several other equities analysts have also recently weighed in on BMO. Barclays cut Bank Of Montreal from an "overweight" rating to an "equal weight" rating in a research report on Monday, June 9th. National Bankshares reiterated an "outperform" rating on shares of Bank Of Montreal in a report on Friday, August 15th. Wall Street Zen upgraded Bank Of Montreal from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. CIBC reissued a "neutral" rating on shares of Bank Of Montreal in a research note on Tuesday, May 20th. Finally, Scotiabank started coverage on Bank Of Montreal in a research report on Thursday, May 15th. They set a "sector perform" rating for the company. Two investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Bank Of Montreal presently has an average rating of "Hold" and an average price target of $129.50.

Bank Of Montreal Stock Performance

Shares of NYSE BMO traded up $2.19 during mid-day trading on Monday, hitting $114.73. The company had a trading volume of 338,172 shares, compared to its average volume of 658,872. The company has a market capitalization of $82.19 billion, a price-to-earnings ratio of 14.88, a P/E/G ratio of 1.25 and a beta of 1.07. Bank Of Montreal has a 1 year low of $81.13 and a 1 year high of $115.66. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.12. The stock's 50-day moving average price is $111.66 and its 200-day moving average price is $103.39.

Bank Of Montreal (NYSE:BMO - Get Free Report) TSE: BMO last issued its earnings results on Wednesday, May 28th. The bank reported $1.84 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.84. The firm had revenue of $6.32 billion for the quarter, compared to analyst estimates of $8.79 billion. Bank Of Montreal had a return on equity of 10.15% and a net margin of 10.25%.The business's revenue was up 8.8% on a year-over-year basis. During the same period in the previous year, the company posted $2.59 earnings per share.

Bank Of Montreal Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 26th. Stockholders of record on Wednesday, July 30th will be issued a dividend of $1.1801 per share. This represents a $4.72 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Wednesday, July 30th. This is a positive change from Bank Of Montreal's previous quarterly dividend of $1.11. Bank Of Montreal's payout ratio is currently 62.13%.

Hedge Funds Weigh In On Bank Of Montreal

Hedge funds and other institutional investors have recently modified their holdings of the company. Cary Street Partners Investment Advisory LLC increased its stake in Bank Of Montreal by 228.9% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 273 shares of the bank's stock worth $26,000 after buying an additional 190 shares in the last quarter. WFA of San Diego LLC purchased a new stake in Bank Of Montreal in the 2nd quarter worth $28,000. Bayforest Capital Ltd purchased a new stake in Bank Of Montreal in the 1st quarter worth $34,000. Dunhill Financial LLC purchased a new stake in Bank Of Montreal in the 4th quarter worth $39,000. Finally, Truvestments Capital LLC purchased a new stake in Bank Of Montreal in the 1st quarter worth $39,000. 45.82% of the stock is owned by institutional investors.

Bank Of Montreal Company Profile

Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments. The company's personal banking products and services include deposits, mortgages, home lending, consumer credit, small business lending, credit cards, cash management, financial and investment advice, and other banking services; and commercial banking products and services comprise various of financing options and treasury and payment solutions, as well as risk management products.