About Bank Of Montreal (NYSE:BMO)
Bank of Montreal (the Bank) is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets. The P&C business includes two retail and business banking operating segments, such as Canadian Personal and Commercial Banking (Canadian P&C), and the United States Personal and Commercial Banking (U.S. P&C). The Bank's Wealth Management business serves a range of client segments, from mainstream to ultra-high net worth and institutional, with an offering of wealth management products and services, including insurance. BMO Capital Markets is a North American-based financial services provider offering a range of products and services to corporate, institutional and government clients. The Bank has over 1,500 bank branches in Canada and the United States.
Industry, Sector and Symbol:
- Industry: Banks
- Sub-Industry: N/A
- Sector: Finance
- Symbol: NYSE:BMO
- CUSIP: N/A
- Web: www.bmo.com
- Debt-to-Equity Ratio: 0.13%
- Current Ratio: 1.07%
- Quick Ratio: 1.07%
Sales & Book Value:
- Trailing P/E Ratio: 12.33
- Forward P/E Ratio: 12.14
- P/E Growth: 2.17
- Annual Sales: $19.39859 billion
- Price / Sales: 2.59
- Cash Flow: $6.64 per share
- Price / Cash: 11.68
- Book Value: $44.96 per share
- Price / Book: 1.73
- Annual Dividend: $2.88
- Dividend Yield: 3.7%
- Trailing EPS: $6.14
- Net Income: $3.48637 billion
- Net Margins: 20.04%
- Return on Equity: 14.36%
- Return on Assets: 0.80%
- Employees: 45,234
- Outstanding Shares: 649,000,000
Frequently Asked Questions for Bank Of Montreal (NYSE:BMO)
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 Tuesday, August 29th. Stockholders of record on Wednesday, November 1st will be given a dividend of $0.717 per share on Tuesday, November 28th. This represents a $2.87 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date is Tuesday, October 31st. This is a boost from Bank Of Montreal's previous quarterly dividend of $0.66. 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 initiated a stock repurchase plan on Saturday, June 24th 2017, which permits the company to buyback 4,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its stock is undervalued.
How were Bank Of Montreal's earnings last quarter?
Bank Of Montreal (NYSE:BMO) posted its quarterly earnings results on Tuesday, August, 29th. The bank reported $1.53 EPS for the quarter, missing analysts' consensus estimates of $1.57 by $0.04. The bank earned $5.46 billion during the quarter, compared to analysts' expectations of $5.52 billion. Bank Of Montreal had a net margin of 20.04% and a return on equity of 14.36%. The business's quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.94 EPS. View Bank Of Montreal's Earnings History.
When will Bank Of Montreal make its next earnings announcement?
Where is Bank Of Montreal's stock going? Where will Bank Of Montreal's stock price be in 2017?
9 brokerages have issued 1 year target prices for Bank Of Montreal's shares. Their forecasts range from $81.00 to $108.00. On average, they expect Bank Of Montreal's stock price to reach $98.00 in the next year. View Analyst Ratings for Bank Of Montreal.
Who are some of Bank Of Montreal's key competitors?
Some companies that are related to Bank Of Montreal include Banco Santander, S.A. (SAN), Mitsubishi UFJ Financial Group (MTU), U.S. Bancorp (USB), Itau Unibanco Banco Holding SA (ITUB), HDFC Bank Limited (HDB), Westpac Banking Corporation (WBK), Bank of Nova Scotia (The) (BNS), ING Group, N.V. (ING), Banco Bradesco SA (BBD), Lloyds Banking Group PLC (LYG), PNC Financial Services Group, Inc. (The) (PNC), Banco Bilbao Viscaya Argentaria S.A. (BBVA), Sumitomo Mitsui Financial Group (SMFG), Lloyds Banking Group plc (LLOY), Mizuho Financial Group (MFG), Royal Bank Scotland PLC (The) (RBS), Barclays PLC (BCS) and Credit Suisse Group (CS).
Who are Bank Of Montreal's key executives?
Bank Of Montreal's management team includes the folowing people:
- Darryl White, Chief Executive Officer, Chief Operating Officer, Director
- Franklin J. Techar, Vice Chair (Age 60)
- Thomas E. Flynn, Chief Financial Officer
- Christopher B. Begy, Chief Executive Officer of BMO Financial Corp. and U.S. Country Head
- David R. Casper, President and Chief Executive Officer, BMO Harris Bank N.A. and Group Head - Commercial Banking
- Richard Rudderham, Chief Human Resource Officer
- Jean Michel Ares, Chief Technology and Operations Officer
- Connie Anne Stefankiewicz, Chief Marketing Officer
- Surjit Rajpal, Chief Risk Officer
- Simon A. Fish, General Counsel
Who owns Bank Of Montreal stock?
Bank Of Montreal's stock is owned by a variety of of institutional and retail investors. Top institutional investors include TD Asset Management Inc. (3.86%), CIBC Asset Management Inc (1.09%), Great West Life Assurance Co. Can (0.94%), Guardian Capital LP (0.64%), Dimensional Fund Advisors LP (0.59%) and Legal & General Group Plc (0.46%). View Institutional Ownership Trends for Bank Of Montreal.
Who sold Bank Of Montreal stock? Who is selling Bank Of Montreal stock?
Bank Of Montreal's stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Allianz Asset Management GmbH, Virginia Retirement Systems ET AL, JPMorgan Chase & Co., APG Asset Management N.V., Jane Street Group LLC, Mackenzie Financial Corp and Skandinaviska Enskilda Banken AB publ. View Insider Buying and Selling for Bank Of Montreal.
Who bought Bank Of Montreal stock? Who is buying Bank Of Montreal stock?
Bank Of Montreal's stock was acquired by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Great West Life Assurance Co. Can, Intact Investment Management Inc., Highstreet Asset Management Inc., Mawer Investment Management Ltd., Greystone Managed Investments Inc., Lincluden Management Ltd. and Schroder Investment Management Group. View Insider Buying and Selling for Bank Of Montreal.
How do I buy Bank Of Montreal stock?
Shares of Bank Of Montreal 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 Bank Of Montreal stock can currently be purchased for approximately $77.56.
How big of a company is Bank Of Montreal?
Bank Of Montreal has a market capitalization of $50.33644 billion and generates $19.39859 billion in revenue each year. The bank earns $3.48637 billion in net income (profit) each year or $6.14 on an earnings per share basis. Bank Of Montreal employs 45,234 workers across the globe.
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 877-225-5266 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Bank Of Montreal (NYSE:BMO) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 6 Hold Ratings, 3 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$98.00 (26.35% upside)|
Consensus Price Target History for Bank Of Montreal (NYSE:BMO)
Analysts' Ratings History for Bank Of Montreal (NYSE:BMO)
(Data available from 11/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/24/2017||Macquarie||Initiated Coverage||Neutral -> Neutral||$81.00||N/A|
|8/29/2017||Canaccord Genuity||Set Price Target||Hold||$102.00||High|
|6/1/2017||TD Securities||Upgrade||Hold -> Buy||Low|
|5/25/2017||Royal Bank Of Canada||Lower Price Target||Sector Perform -> Sector Perform||$108.00||Medium|
|5/23/2017||Barclays PLC||Upgrade||Underweight -> Equal Weight||Medium|
|5/18/2017||Citigroup Inc.||Upgrade||Neutral -> Buy||Low|
|1/20/2017||BMO Capital Markets||Reiterated Rating||Market Perform -> In-Line||N/A|
|11/23/2016||Credit Suisse Group||Upgrade||Underperform -> Neutral||N/A|
|11/1/2016||Bank of America Corporation||Reiterated Rating||Neutral||N/A|
|10/5/2016||Dundee Securities||Reiterated Rating||Neutral||$91.00 -> $90.00||N/A|
|8/25/2016||National Bank Financial||Reiterated Rating||Sector Perform||$84.00 -> $88.00||N/A|
|8/25/2016||Desjardins||Reiterated Rating||Hold||$84.00 -> $86.00||N/A|
|8/25/2016||CIBC||Reiterated Rating||Sector Perform||N/A|
|6/9/2016||Rafferty Capital Markets||Upgrade||Hold -> Buy||N/A|
Earnings History and Estimates Chart for Bank Of Montreal (NYSE:BMO)
Earnings History by Quarter for Bank Of Montreal (NYSE BMO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/29/2017||7/31/2017||$1.57||$1.53||$5.52 billion||$5.46 billion||View||N/A|
|5/24/2017||4/30/2017||$1.40||$1.45||$5.26 billion||$5.74 billion||View||N/A|
|2/28/2017||1/31/2017||$1.44||$1.71||$5.38 billion||$5.41 billion||View||N/A|
|8/23/2016||Q316||$1.83||$1.94||$3.88 billion||$5.63 billion||View||N/A|
|5/25/2016||Q216||$1.76||$1.73||$3.53 billion||$3.85 billion||View||N/A|
|2/23/2016||Q116||$1.72||$1.75||$4.92 billion||$5.08 billion||View||N/A|
|12/1/2015||Q415||$1.32||$1.44||$3.60 billion||$3.77 billion||View||N/A|
|8/25/2015||Q315||$1.35||$1.50||$4.65 billion||$4.83 billion||View||N/A|
|5/27/2015||Q215||$1.36||$1.37||$4.54 billion||$4.50 billion||View||N/A|
|2/24/2015||Q115||$1.46||$1.22||$4.46 billion||$5.06 billion||View||N/A|
|12/2/2014||Q414||$1.49||$1.43||$4.33 billion||$4.34 billion||View||N/A|
|8/26/2014||Q314||$1.51||$1.57||$4.26 billion||$4.22 billion||View||N/A|
|5/28/2014||Q214||$1.38||$1.50||$3.70 billion||$3.72 billion||View||N/A|
|5/29/2013||Q213||$1.50||$1.46||$3.97 billion||$3.94 billion||View||N/A|
|2/26/2013||Q113||$1.46||$1.53||$3.97 billion||$4.08 billion||View||N/A|
Earnings Estimates for Bank Of Montreal (NYSE:BMO)
2017 EPS Consensus Estimate: $5.73
2018 EPS Consensus Estimate: $6.65
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Bank Of Montreal (NYSE:BMO)
|Dividend Growth:||-4.00% (3 Year Average)|
|Payout Ratio:||46.91% (Trailing 12 Months of Earnings) |
45.07% (Based on This Year's Estimates)
43.24% (Based on Next Year's Estimates)
Dividend History by Quarter for Bank Of Montreal (NYSE BMO)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Bank Of Montreal (NYSE BMO)
No insider trades for this company have been tracked by MarketBeat.com
Latest Headlines for Bank Of Montreal (NYSE BMO)
|BMO sees ‘once in a multi-year buying opportunity’ for Enbridge|
www.theglobeandmail.com - November 17 at 2:46 PM
|Canada's Top 10 Dividend Stocks to Buy Now|
finance.yahoo.com - November 17 at 2:46 PM
|BMO Introduces New Voice-Enabled Skill for Amazon Alexa|
finance.yahoo.com - November 16 at 5:03 PM
| Brokerages Expect Bank Of Montreal (BMO) Will Post Quarterly Sales of $4.25 Billion|
www.americanbankingnews.com - November 12 at 6:56 AM
| Analysts Expect Bank Of Montreal (BMO) Will Post Earnings of $1.60 Per Share|
www.americanbankingnews.com - November 10 at 9:08 PM
|Bank Of Montreal (BMO) Lowered to "Sell" at Zacks Investment Research|
www.americanbankingnews.com - November 8 at 5:08 PM
|FY2017 EPS Estimates for Bank Of Montreal (BMO) Cut by Analyst|
www.americanbankingnews.com - November 8 at 12:30 PM
|BMO Wealth Management Report: Millennials More Conservative, Least Likely to Focus on Long-term Investments|
finance.yahoo.com - November 7 at 7:26 PM
|Desjardins Weighs in on Bank Of Montreal's FY2019 Earnings (BMO)|
www.americanbankingnews.com - November 7 at 4:42 PM
|Head-To-Head Analysis: Bank Of Montreal (BMO) vs. Its Rivals|
www.americanbankingnews.com - November 5 at 7:16 AM
|Streetwise newsletter: Last week’s best reads: CIBC, Stelco, BMO|
www.theglobeandmail.com - November 3 at 10:15 PM
|BMO200 Marks A Milestone Year of Giving Back|
finance.yahoo.com - November 3 at 5:14 PM
|Bank of Montreal : BMO-US: Dividend Analysis : November 01st, 2017 (record date) : By the numbers : November 2, 2017|
finance.yahoo.com - November 2 at 5:18 PM
|Top Job for BMO's New CEO? Get Past Mediocre to Win Back Hearts|
www.bloomberg.com - November 1 at 10:20 PM
|New Bank of Montreal CEO promotes retail banking head on first day|
www.theglobeandmail.com - November 1 at 10:20 PM
|Bank Of Montreal (BMO) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - November 1 at 9:32 PM
|Bear Stearns Mortgage Funding Trust 2007-AR2, Mortgage Pass-Through Certificates, Series 2007-AR2 -- Moody's assigns definitive ratings to prime RMBS issued by Fortified Trust|
finance.yahoo.com - October 31 at 10:47 PM
|Bank Of Montreal (BMO) Cut to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - October 31 at 5:32 PM
|Bank Of Montreal (BMO) Ex-Dividend Date Scheduled for October 31, 2017 - Nasdaq|
www.nasdaq.com - October 30 at 10:44 PM
| Brokerages Anticipate Bank Of Montreal (BMO) Will Announce Quarterly Sales of $4.25 Billion|
www.americanbankingnews.com - October 24 at 3:46 PM
|How Earnings Will Fuel Biotech's Bull Run: BMO Capital - Investopedia (blog)|
www.investopedia.com - October 23 at 10:36 PM
|Analyzing Cape Bancorp (CBNJ) & Bank Of Montreal (BMO)|
www.americanbankingnews.com - October 17 at 8:28 PM
|BRIEF-Alliance data systems says its LoyaltyOne has signed a multi-year renewal agreement with Bank of Montreal|
www.reuters.com - October 16 at 5:21 PM
|M&T Bank Corporation (MTB) versus Bank Of Montreal (BMO) Financial Survey|
www.americanbankingnews.com - October 12 at 8:08 PM
|Bank Of Montreal (BMO) Receives Average Rating of "Hold" from Analysts|
www.americanbankingnews.com - October 7 at 9:06 PM
|BMO Financial Group Announces Almost $4 Million in Donations to Community Programs in Manitoba to Mark Bicentennial Year|
finance.yahoo.com - October 5 at 8:11 AM
|BMO Recognizes Influential Women Leaders in Ottawa|
finance.yahoo.com - October 5 at 8:11 AM
|Bank of Montreal, CaixaBank, Commerzbank, Erste Group, IBM and UBS Collaborate to Advance an Open, Blockchain-based Trade Finance Platform|
finance.yahoo.com - October 4 at 1:07 PM
|Malaysia's Petronas puts some Canadian assets up for sale - adviser|
finance.yahoo.com - October 4 at 1:07 PM
|BMO Financial Group Celebrates 200 Years Serving Montrealers|
finance.yahoo.com - October 4 at 1:07 PM
|BMO Financial Group Announces Over $2.3 Million in Donations to Community Programs in Saskatchewan to Mark Bicentennial Year|
finance.yahoo.com - October 3 at 8:15 AM
|Bank Of Montreal (BMO) Expected to Post Earnings of $1.60 Per Share|
www.americanbankingnews.com - October 3 at 4:24 AM
|BRIEF-Diamond Estates Wines And Spirits announces new credit facilities with Bank Of Montreal|
www.reuters.com - October 2 at 6:28 PM
|BMO’s capital-markets push in U.S. starting to pay off|
www.theglobeandmail.com - September 29 at 8:53 PM
|Loonie slides on Bank of Canada’s move to slow rate hikes|
www.theglobeandmail.com - September 27 at 5:54 PM
|Financial Sector Update for 09/26/2017: BMO.TO, BNS.TO, CM.TO, NA.TO, RY.TO, TD.TO - Nasdaq|
www.nasdaq.com - September 26 at 3:33 PM
|Why Bank Of Montreal (BMO) Stock Might be a Great Pick|
finance.yahoo.com - September 26 at 3:32 PM
|MOVES-BMO Global Asset Management appoints head of Middle East and North Africa|
www.businessinsider.com - September 25 at 8:06 PM
|[$$] Treasure map of the ETF world revealed|
finance.yahoo.com - September 25 at 8:06 PM
|BMO Ontario Farm Family Awards to Honour Eleven Families at the 2017 International Plowing Match|
finance.yahoo.com - September 21 at 11:30 AM
|3 Ways Bank of Montreal Will Provide You With Growth - The Motley Fool Canada|
www.fool.ca - September 19 at 9:43 PM
|Bank of Montreal Announces Quarterly Coupon Amount for the BMO Elkhorn DWA MLP Select™ Index ETN - PR Newswire (press release)|
www.prnewswire.com - September 19 at 9:43 PM
|Bank of Canada open to exploring options to boost transparency: deputy governor|
www.theglobeandmail.com - September 14 at 10:19 PM
|BMO Capital Markets to Donate C$1.6 Million Following Equity Through Education Trading Day|
finance.yahoo.com - September 14 at 10:19 PM
|Should You Buy Bank of Montreal (TSX:BMO) At This PE Ratio?|
finance.yahoo.com - September 14 at 10:19 PM
|BMO Financial's (BMO) Management presents at Barclays 2017 Global Financial Services Brokers Conference (Transcript)|
seekingalpha.com - September 13 at 3:02 AM
|Bank Of Montreal (BMO) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - September 12 at 8:42 PM
|Bank of Canada: Failure to communicate or failure to forecast?|
www.theglobeandmail.com - September 12 at 4:58 PM
|Bank of Montreal breached its 50 day moving average in a Bullish Manner : BMO-US : September 12, 2017|
finance.yahoo.com - September 12 at 4:58 PM
|BMO Announces US$150,000 Donation, as well as Relief Options for Customers, to Support Communities Affected by Hurricane Irma|
finance.yahoo.com - September 11 at 10:23 PM
Financials are not available for this stock.
Bank Of Montreal (NYSE BMO) Chart for Sunday, November, 19, 2017