Desjardins Cuts Earnings Estimates for Bank of Montreal

Bank of Montreal (NYSE:BMO - Free Report) TSE: BMO - Desjardins cut their Q3 2025 earnings per share estimates for Bank of Montreal in a report issued on Wednesday, May 28th. Desjardins analyst D. Young now anticipates that the bank will earn $2.01 per share for the quarter, down from their previous forecast of $2.06. The consensus estimate for Bank of Montreal's current full-year earnings is $7.71 per share.

Several other equities analysts have also commented on the company. Wall Street Zen upgraded Bank of Montreal from a "sell" rating to a "hold" rating in a research report on Friday, February 28th. Cibc World Mkts downgraded shares of Bank of Montreal from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Royal Bank of Canada upped their price objective on shares of Bank of Montreal from $161.00 to $163.00 and gave the company an "outperform" rating in a research note on Wednesday, February 26th. Scotiabank started coverage on shares of Bank of Montreal in a report on Thursday, May 15th. They set a "sector perform" rating on the stock. Finally, CIBC reiterated a "neutral" rating on shares of Bank of Montreal in a research report on Tuesday, May 20th. Nine analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $128.40.

Bank of Montreal Price Performance

NYSE BMO traded up $0.43 during trading hours on Friday, reaching $107.41. 461,479 shares of the stock traded hands, compared to its average volume of 836,161. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a 50 day simple moving average of $97.18 and a two-hundred day simple moving average of $97.82. Bank of Montreal has a 1 year low of $76.98 and a 1 year high of $108.38. The company has a market cap of $77.56 billion, a price-to-earnings ratio of 15.39, a price-to-earnings-growth ratio of 1.43 and a beta of 1.03.

Bank of Montreal (NYSE:BMO - Get Free Report) TSE: BMO last issued its quarterly earnings data on Wednesday, May 28th. The bank reported $1.84 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.84. Bank of Montreal had a return on equity of 10.18% and a net margin of 9.22%. The company had revenue of $6.32 billion for the quarter, compared to the consensus estimate of $8.79 billion. During the same quarter last year, the business posted $2.59 earnings per share. The firm's revenue was up 8.8% compared to the same quarter last year.

Institutional Investors Weigh In On Bank of Montreal

Large investors have recently added to or reduced their stakes in the company. North Star Asset Management Inc. boosted its holdings in shares of Bank of Montreal by 1.2% during the fourth quarter. North Star Asset Management Inc. now owns 8,422 shares of the bank's stock worth $817,000 after purchasing an additional 100 shares during the period. Oppenheimer & Co. Inc. raised its position in Bank of Montreal by 2.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 4,717 shares of the bank's stock valued at $451,000 after purchasing an additional 120 shares during the last quarter. Valeo Financial Advisors LLC lifted its holdings in Bank of Montreal by 4.6% in the 4th quarter. Valeo Financial Advisors LLC now owns 2,865 shares of the bank's stock worth $278,000 after buying an additional 125 shares during the period. Wealthspire Advisors LLC grew its position in shares of Bank of Montreal by 2.0% in the 4th quarter. Wealthspire Advisors LLC now owns 6,355 shares of the bank's stock worth $617,000 after buying an additional 125 shares during the last quarter. Finally, Caprock Group LLC increased its stake in shares of Bank of Montreal by 4.6% during the fourth quarter. Caprock Group LLC now owns 3,185 shares of the bank's stock valued at $309,000 after buying an additional 139 shares during the period. Institutional investors own 45.82% of the company's stock.

Bank of Montreal Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 26th. Investors of record on Wednesday, July 30th will be issued a dividend of $1.1801 per share. This is a positive change from Bank of Montreal's previous quarterly dividend of $1.11. This represents a $4.72 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date of this dividend is Wednesday, July 30th. Bank of Montreal's dividend payout ratio is currently 58.75%.

About Bank of Montreal

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.