Bank of Montreal provides diversified financial services primarily in North America. It operates through three groups: Personal and Commercial Banking, Wealth Management, and BMO Capital Markets. The company's personal banking products and services include checking and savings accounts, credit cards, mortgages, creditor insurance products, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, and specialized banking programs for small business and commercial banking customers. It also offers equity and debt underwriting, corporate lending and project financing, mergers and acquisitions advisory services, securitization, treasury management, risk management, debt and equity research, and institutional sales and trading services to corporate, institutional, and government clients. In addition, the company offers trade finance, investment management, online investing, trust and estate services, tax planning, and investment solutions to institutional investors, as well as industry-leading research, sales, and trading services. It operates approximately 1,500 branches in Canada and the United States, as well as 2 smart branches in Edmonton and Calgary, Alberta. The company was founded in 1817 and is headquartered in Montreal, Canada.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:BMO
Previous Symbol
CUSIPN/A
Phone416-867-6785
Debt
Debt-to-Equity Ratio0.14
Current Ratio1.16
Quick Ratio1.16
Price-To-Earnings
Trailing P/E Ratio12.07
Forward P/E Ratio10.90
P/E Growth1.24
Sales & Book Value
Annual Sales$21.48 billion
Price / Sales2.24
Cash Flow$7.8031 per share
Price / Cash9.65
Book Value$47.30 per share
Price / Book1.59
Profitability
EPS (Most Recent Fiscal Year)$6.24
Net Income$4.09 billion
Net Margins16.17%
Return on Equity14.75%
Return on Assets0.79%
Miscellaneous
Employees45,200
Outstanding Shares640,330,000
Market Cap$48.22 billion
OptionableOptionable
Bank of Montreal (NYSE:BMO) Frequently Asked Questions
What is Bank of Montreal's stock symbol?
Bank of Montreal trades on the New York Stock Exchange (NYSE) under the ticker symbol "BMO."
How often does Bank of Montreal pay dividends? What is the dividend yield for Bank of Montreal?
Bank of Montreal announced a quarterly dividend on Wednesday, August 29th. Investors of record on Thursday, November 1st will be given a dividend of $0.7386 per share on Tuesday, November 27th. This represents a $2.95 annualized dividend and a yield of 3.92%. The ex-dividend date of this dividend is Wednesday, October 31st. View Bank of Montreal's Dividend History.
How will Bank of Montreal's stock buyback program work?
Bank of Montreal announced that its Board of Directors has authorized a stock repurchase plan on Saturday, June 24th 2017, which authorizes the company to buyback 4,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.
How were Bank of Montreal's earnings last quarter?
Bank of Montreal (NYSE:BMO) posted its quarterly earnings data on Tuesday, August, 28th. The bank reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.07. The bank had revenue of $4.51 billion for the quarter, compared to analysts' expectations of $4.45 billion. Bank of Montreal had a return on equity of 14.75% and a net margin of 16.17%. View Bank of Montreal's Earnings History.
When is Bank of Montreal's next earnings date?
How can I listen to Bank of Montreal's earnings call?
Bank of Montreal will be holding an earnings conference call on Tuesday, December 4th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8887899572.
What price target have analysts set for BMO?
6 equities research analysts have issued 1-year target prices for Bank of Montreal's shares. Their forecasts range from $105.00 to $120.00. On average, they expect Bank of Montreal's stock price to reach $112.3333 in the next twelve months. This suggests a possible upside of 49.2% from the stock's current price. View Analyst Price Targets for Bank of Montreal.
What is the consensus analysts' recommendation for Bank of Montreal?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of Montreal in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Bank of Montreal.
Has Bank of Montreal been receiving favorable news coverage?
News stories about BMO stock have been trending very positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bank of Montreal earned a daily sentiment score of 4.0 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.
Who are some of Bank of Montreal's key competitors?
Some companies that are related to Bank of Montreal include Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), HDFC Bank (HDB), Banco Santander (SAN), Mitsubishi UFJ Financial Group (MUFG), BNP PARIBAS/S (BNPQY), Westpac Banking (WBK), Sumitomo Mitsui Financial Grp (SMFG), ANZ (ANZBY), Lloyds Banking Group (LYG), ING Groep (ING), HANG SENG Bk Lt/S (HSNGY), Banco Santander Brasil (BSBR), Canadian Imperial Bank of Commerce (CM) and Banco Bilbao Vizcaya Argentaria (BBVA).
Who are Bank of Montreal's key executives?
Bank of Montreal's management team includes the folowing people:
- Mr. William Darryl White, CEO & Director (Age 46)
- Mr. Thomas E. Flynn, Chief Financial Officer
- Mr. Jean-Michel R. Arès, Chief Technology & Operations Officer
- Mr. Patrick Cronin, Group Head of BMO Capital Markets
- Mr. Steve Tennyson, Exec. VP & Chief Information Officer
Who are Bank of Montreal's major shareholders?
Bank of Montreal's stock is owned by a variety of of institutional and retail investors. Top institutional investors include TD Asset Management Inc. (3.43%), Toronto Dominion Bank (2.15%), CIBC World Markets Inc. (1.67%), CIBC Asset Management Inc (1.54%), Acadian Asset Management LLC (1.11%) and Mackenzie Financial Corp (1.06%).
Which major investors are selling Bank of Montreal stock?
BMO stock was sold by a variety of institutional investors in the last quarter, including TD Asset Management Inc., Great West Life Assurance Co. Can, Renaissance Technologies LLC, Scheer Rowlett & Associates Investment Management Ltd., CIBC World Markets Inc., The Manufacturers Life Insurance Company , Capital Research Global Investors and Canada Pension Plan Investment Board.
Which major investors are buying Bank of Montreal stock?
BMO stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Acadian Asset Management LLC, FIL Ltd, FMR LLC, Strs Ohio, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Panagora Asset Management Inc. and Connor Clark & Lunn Investment Management Ltd..
How do I buy shares of Bank of Montreal?
Shares of BMO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Bank of Montreal's stock price today?
One share of BMO stock can currently be purchased for approximately $75.30.
How big of a company is Bank of Montreal?
Bank of Montreal has a market capitalization of $48.22 billion and generates $21.48 billion in revenue each year. The bank earns $4.09 billion in net income (profit) each year or $6.24 on an earnings per share basis. Bank of Montreal employs 45,200 workers across the globe.
What is Bank of Montreal's official website?
How can I contact Bank of Montreal?
Bank of Montreal's mailing address is 100 King Street West 1 First Canadian Place, TORONTO A6, M5X 1A1. The bank can be reached via phone at 416-867-6785 or via email at [email protected]
MarketBeat Community Rating for Bank of Montreal (NYSE BMO)
MarketBeat's community ratings are surveys of what our community members think about Bank of Montreal and other stocks. Vote "Outperform" if you believe BMO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BMO will underperform the S&P 500 over the long term. You may vote once every thirty days.
