Bank of Montreal Company Profile (NYSE:BMO)

About Bank of Montreal

Bank of Montreal logoBank 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:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: BMO
  • CUSIP:
Key Metrics:
  • Previous Close: $76.40
  • 50 Day Moving Average: $75.67
  • 200 Day Moving Average: $68.75
  • 52-Week Range: $648,000,000.00 - $54.61
  • Trailing P/E Ratio: 14.44
  • Foreward P/E Ratio: 12.13
  • P/E Growth: 4.27
  • Market Cap: $49.51B
  • Outstanding Shares: 648,000,000
  • Beta: 1.06
Profitability:
  • Net Margins: 17.99%
  • Return on Equity: 13.38%
  • Return on Assets: 0.73%
Debt:
  • Debt-to-Equity Ratio: 0.12%
  • Current Ratio: 1.08%
  • Quick Ratio: 1.08%
Additional Links:
Companies Related to Bank of Montreal:

Analyst Ratings

Consensus Ratings for Bank of Montreal (NYSE:BMO) (?)
Ratings Breakdown: 1 Sell Rating, 11 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.07)
Consensus Price Target: $87.10 (14.01% upside)

Analysts' Ratings History for Bank of Montreal (NYSE:BMO)
Show:
DateFirmActionRatingPrice TargetDetails
1/20/2017BMO Capital MarketsReiterated RatingMarket Perform -> In-LineView Rating Details
12/7/2016RBC Capital MarketsReiterated RatingSector Perform$86.00 -> $97.00View Rating Details
12/7/2016Canaccord GenuityUpgradeHold -> BuyView Rating Details
11/23/2016Credit Suisse GroupUpgradeUnderperform -> NeutralView Rating Details
11/1/2016Bank of America CorpReiterated RatingNeutralView Rating Details
10/18/2016ScotiabankReiterated RatingSector Perform$86.00View Rating Details
10/5/2016Dundee SecuritiesReiterated RatingNeutral$91.00 -> $90.00View Rating Details
8/25/2016TD SecuritiesReiterated RatingHold$86.00 -> $89.00View Rating Details
8/25/2016National Bank FinancialReiterated RatingSector Perform$84.00 -> $88.00View Rating Details
8/25/2016DesjardinsReiterated RatingHold$84.00 -> $86.00View Rating Details
8/25/2016CIBCReiterated RatingSector PerformView Rating Details
8/24/2016Royal Bank of CanadaBoost Price TargetSector Perform$84.00 -> $88.00View Rating Details
8/21/2016Barclays PLCReiterated RatingUnderweight$70.00 -> $75.00View Rating Details
6/9/2016Rafferty Capital MarketsUpgradeHold -> BuyView Rating Details
8/18/2015Keefe, Bruyette & WoodsLower Price TargetMarket Perform$80.00 -> $78.00View Rating Details
2/27/2015Citigroup Inc.Lower Price TargetNeutral$83.00 -> $81.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Bank of Montreal (NYSE:BMO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/6/2016Q416$1.85$2.10$5.28 billionViewN/AView Earnings Details
8/23/2016Q316$1.83$1.94$3.88 billion$5.63 billionViewN/AView Earnings Details
5/25/2016Q216$1.76$1.73$5.00 billionViewN/AView Earnings Details
2/23/2016Q116$1.72$1.75$4.92 billion$5.08 billionViewN/AView Earnings Details
12/1/2015Q415$1.74$1.90$4.72 billionViewN/AView Earnings Details
8/25/2015Q315$1.35$1.50$4.65 billion$4.83 billionViewN/AView Earnings Details
5/27/2015Q215$1.36$1.37$4.54 billion$4.50 billionViewN/AView Earnings Details
2/24/2015Q115$1.62$1.53$4.46 billion$5.06 billionViewN/AView Earnings Details
12/2/2014Q414$1.68$1.63$4.33 billion$4.34 billionViewN/AView Earnings Details
8/26/2014Q314$1.51$1.57$4.26 billion$4.22 billionViewN/AView Earnings Details
5/28/2014Q214$1.52$1.63$4.04 billionViewN/AView Earnings Details
2/25/2014Q114$1.37$1.45ViewN/AView Earnings Details
12/3/2013Q4$1.58$1.64$4.19 billionViewListenView Earnings Details
8/27/2013Q313$0.22$1.60$4.05 billionViewN/AView Earnings Details
5/29/2013Q213$1.50$1.46$3.97 billion$3.94 billionViewN/AView Earnings Details
2/26/2013Q113$1.46$1.53$3.97 billion$4.08 billionViewN/AView Earnings Details
12/4/20120.00$1.65$4.18 billionViewN/AView Earnings Details
8/28/2012Q312$1.38$1.49$3.88 billionViewN/AView Earnings Details
5/23/2012$1.35$1.44ViewN/AView Earnings Details
2/28/2012$1.37$1.42ViewN/AView Earnings Details
12/6/2011$1.31$1.34ViewN/AView Earnings Details
8/23/2011$1.24$1.27ViewN/AView Earnings Details
5/25/2011$1.31$1.35ViewN/AView Earnings Details
3/1/2011$1.29$1.32ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Bank of Montreal (NYSE:BMO)
Current Year EPS Consensus Estimate: $5.98 EPS
Next Year EPS Consensus Estimate: $6.30 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$1.20$1.34$1.27
Q2 20165$1.25$1.34$1.29
Q3 20165$1.32$1.41$1.37
Q4 20165$1.34$1.44$1.39
Q1 20175$1.30$1.43$1.37
Q2 20175$1.27$1.45$1.37
Q3 20175$1.37$1.54$1.45
Q4 20175$1.40$1.55$1.48
Q1 20182$1.41$1.44$1.43
Q2 20181$1.52$1.52$1.52
Q3 20181$1.64$1.64$1.64
Q4 20181$1.64$1.64$1.64
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Bank of Montreal (NYSE:BMO)
Annual Dividend:$2.62
Dividend Yield:3.43%
Dividend Growth:-4.00% (3 Year Average)
Payout Ratio:50.19% (Based on Trailing 12 Months of Earnings)
43.81% (Based on Current Year Consensus EPS Estimate)
41.59% (Based on Next Year Consensus EPS Estimate)

Dividend History for Bank of Montreal (NYSE:BMO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/6/2016quarterly$0.653.78%1/30/20172/1/20172/28/2017
8/23/2016quarterly$0.674%10/28/201611/1/201611/28/2016
5/26/2016quarterly$0.664.07%7/27/20168/1/20168/26/2016
2/23/2016quarterly$0.614.6%4/28/20165/2/20165/26/2016
12/2/2015quarterly$0.634.23%1/28/20162/1/20162/26/2016
8/26/2015quarterly$0.624.7%10/29/201511/2/201511/26/2015
5/27/2015quarterly$0.674.3%7/30/20158/3/20158/26/2015
2/24/2015quarterly$0.644.23%4/29/20155/1/20155/26/2015
12/2/2014quarterly$0.713.98%1/29/20152/2/20152/26/2015
8/26/2014quarterly$0.713.8%10/30/201411/3/201411/26/2014
5/29/2014quarterly$0.724.08%7/30/20148/1/20148/26/2014
2/25/2014quarterly$0.694.19%4/29/20145/1/20145/27/2014
12/3/2013$0.711/30/20142/3/20142/26/2014
12/3/2013quarterly$0.764.35%1/30/20142/3/20142/26/2014
8/27/2013quarterly$0.744.49%10/30/201311/1/201311/26/2013
5/29/2013quarterly$0.724.76%7/30/20138/1/20138/27/2013
2/26/2013quarterly$0.744.66%4/29/20135/1/20135/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Bank of Montreal (NYSE:BMO)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Bank of Montreal (NYSE:BMO)
DateHeadline
reuters.com logoCanadian regulators welcome fintech amid rising global oversight interest (NYSE:BMO)
www.reuters.com - February 24 at 8:59 PM
News IconGMC Software Captures Xplors Application of the Year Award (NYSE:BMO)
itbusinessnet.com - February 24 at 3:58 PM
4-traders.com logoBank of Montreal : BMO Asset Management Inc. Launches ETFs on NEO Exchange (NYSE:BMO)
www.4-traders.com - February 24 at 3:58 PM
finance.yahoo.com logoBMO Asset Management Inc. Launches ETFs on NEO Exchange (NYSE:BMO)
finance.yahoo.com - February 24 at 3:58 PM
realistinvestor.com logoThe Growth Forecast For Bank Of Montreal (NYSE:BMO) - RealistInvestor.com (NYSE:BMO)
www.realistinvestor.com - February 21 at 3:20 PM
News IconStock Watch for Bank of Montreal (BMO.TO) - The Standard (NYSE:BMO)
6milestandard.com - February 21 at 11:46 AM
streetinsider.com logoForm 424B2 BANK OF MONTREAL /CAN/ (NYSE:BMO)
www.streetinsider.com - February 19 at 11:19 AM
finance.yahoo.com logoWhy Bank of Montreal May Appeal More to Investors Than Any Other Bank (NYSE:BMO)
ca.finance.yahoo.com - February 16 at 9:08 PM
News IconToronto Has A Housing Bubble, BMO Says, So Let's 'Drop The Pretense' - Huffington Post Canada (NYSE:BMO)
www.huffingtonpost.ca - February 16 at 7:56 AM
seekingalpha.com logoWhat's In Store For Bank Of Montreal's Dividend Growth? - Seeking Alpha (NYSE:BMO)
seekingalpha.com - February 16 at 7:56 AM
us.rd.yahoo.com logoBMO, its Employees and Retirees Donate More Than $29 Million Across North America in 2016 (NYSE:BMO)
us.rd.yahoo.com - February 14 at 4:33 PM
us.rd.yahoo.com logoBMO Capital Markets Selects First Candidates for Back2Business Program (NYSE:BMO)
us.rd.yahoo.com - February 14 at 4:33 PM
fool.ca logoBank of Montreal Beats Peers Where it Counts - The Motley Fool Canada (NYSE:BMO)
www.fool.ca - February 10 at 2:11 AM
marketwired.com logoBMO Bank of Montreal and Desjardins Named Top Banking Firms for Customer Service in Canada According to Surviscor Inc. (NYSE:BMO)
www.marketwired.com - February 7 at 4:57 PM
News IconBMO launches bicentennial at Oak Bay branch (NYSE:BMO)
www.bclocalnews.com - February 7 at 4:57 PM
News IconLeading stocks in today’s market: Bank of Montreal (NYSE:BMO) (NYSE:BMO)
twincountynews.com - February 5 at 3:56 PM
News IconBank of Montreal (NYSE:BMO) from Money Center Banks – Todays Top Gains (NYSE:BMO)
twincountynews.com - February 3 at 9:08 PM
News IconBMO making wishes come true (NYSE:BMO)
thechronicleherald.ca - January 31 at 9:17 PM
News IconBMO chief says female bank CEOs are inevitable (NYSE:BMO)
www.therecord.com - January 31 at 9:17 PM
business.financialpost.com logoBank of Montreal head says female bank CEOs are inevitable, candidates ‘in development’ (NYSE:BMO)
business.financialpost.com - January 30 at 3:51 PM
bloomberg.com logoBank of Montreal’s Downe Says Female Bank CEOs Are Inevitable (NYSE:BMO)
www.bloomberg.com - January 30 at 3:51 PM
nasdaq.com logoBank Of Montreal (BMO) Ex-Dividend Date Scheduled for January ... - Nasdaq (NYSE:BMO)
www.nasdaq.com - January 27 at 4:32 PM
finance.yahoo.com logoBMO Introduces National Cash Incentive Program for First-Time Home Buyers (NYSE:BMO)
finance.yahoo.com - January 27 at 4:32 PM
marketwired.com logoTwo BMO Global Asset Management Funds Named to Schwab Mutual Fund OneSource Select List(R) for Q1 2017 - Marketwired (press release) (NYSE:BMO)
www.marketwired.com - January 26 at 9:40 PM
News IconStock ABR Of Bank Of Montreal (NYSE:BMO) At 3 - Stock Observer (NYSE:BMO)
www.thestockobserver.com - January 26 at 9:40 PM
finance.yahoo.com logoBMO Harris Bank Introduces People Pay (NYSE:BMO)
finance.yahoo.com - January 25 at 4:51 PM
finance.yahoo.com logoBMO Financial Group Recognized in Bloomberg Financial Services Gender-Equality Index (NYSE:BMO)
finance.yahoo.com - January 25 at 4:51 PM
News IconLarge Cap Money Center Banks: Bank of Montreal (NYSE:BMO) (NYSE:BMO)
twincountynews.com - January 22 at 8:56 PM
News IconTechnical Update on Shares of Bank of Montreal (BMO) - Springdale Times (NYSE:BMO)
springdaletimes.com - January 21 at 8:56 PM
News IconPrice Target Of Bank Of Montreal (NYSE:BMO) Fixed At $70.815 - Transcript Daily (NYSE:BMO)
transcriptdaily.com - January 21 at 8:56 PM
business.financialpost.com logoTD, BMO stand to gain most from interest rate hikes, Citi Research finds (NYSE:BMO)
business.financialpost.com - January 20 at 10:04 PM
us.rd.yahoo.com logoBMO Harris Bank Partners with Illinois Housing Development Authority to Assist Homeowners Who Owe More than the Home's Value (NYSE:BMO)
us.rd.yahoo.com - January 20 at 6:16 AM
bloomberg.com logoTrump Presidency Should Boost U.S. Economy, BMO's Downe Says - Bloomberg (NYSE:BMO)
www.bloomberg.com - January 19 at 3:38 PM
News IconSell-side is Weighing in on Bank Of Montreal (NYSE:BMO) Earnings & Targets - Aiken Advocate (NYSE:BMO)
aikenadvocate.com - January 19 at 3:38 PM
finance.yahoo.com logoBMO Harris Bank Introduces BMO Harris Bank Masterpass(TM), Android Pay(TM) and Samsung Pay(TM) (NYSE:BMO)
finance.yahoo.com - January 18 at 3:23 PM
News IconTop Gainers of the Day: Bank of Montreal (NYSE:BMO) from Money Center Banks (NYSE:BMO)
twincountynews.com - January 17 at 9:46 PM
bloomberg.com logoVanguard Sees Bank of Canada Following Fed Higher This Year (NYSE:BMO)
www.bloomberg.com - January 17 at 9:46 PM
business.financialpost.com logoGrocery prices hike to be modest in 2017 due to ‘very intense’ competition between companies: report (NYSE:BMO)
business.financialpost.com - January 16 at 3:58 PM
finance.yahoo.com logoWill Canadian Banks Follow Their American Counterparts Higher? (NYSE:BMO)
ca.finance.yahoo.com - January 16 at 11:05 AM
realistinvestor.com logoBank Of Montreal (NYSE:BMO) Analysts Rating At 3 (NYSE:BMO)
www.realistinvestor.com - January 14 at 2:57 AM
4-traders.com logoBank of Montreal : Redevelopment of Arbutus Village about to begin (NYSE:BMO)
www.4-traders.com - January 14 at 2:57 AM
News IconABR Of Bank Of Montreal (NYSE:BMO) Stock At 3 - Stock Observer (NYSE:BMO)
www.thestockobserver.com - January 13 at 9:39 PM
News IconReaching New Heights: Shares Touch New Recent Peak: Bank of Montreal (NYSE:BMO) - Wall Street Beacon (NYSE:BMO)
wsbeacon.com - January 13 at 9:39 PM
News IconAmalgamated Bank invests in Synchrony Financial (SYF) Shares (NYSE:BMO)
vouxmagazine.com - January 12 at 9:13 PM
theglobeandmail.com logoBMO Capital Markets names Luke Seabrook COO (NYSE:BMO)
www.theglobeandmail.com - January 12 at 9:13 PM
business.financialpost.com logoBMO promotes Luke Seabrook to chief operating officer of its capital markets business (NYSE:BMO)
business.financialpost.com - January 12 at 4:12 PM
us.rd.yahoo.com logo12:36 pm Bank of Montreal appoints Luke Seabrook as COO of BMO Capital Markets (NYSE:BMO)
us.rd.yahoo.com - January 12 at 4:12 PM
theglobeandmail.com logoRecord start to covered bonds sales leads way for Canada's banks - The Globe and Mail (NYSE:BMO)
www.theglobeandmail.com - January 10 at 4:32 PM
News IconNational Bank tops Canadian debt advisory in 2016: Reuters (NYSE:BMO)
www.pehub.com - January 6 at 9:21 PM
finance.yahoo.com logoPipeline Debt Rolls On for Canada Energy, Producers Wait (NYSE:BMO)
finance.yahoo.com - January 6 at 9:21 PM

Social

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, December 6th. Shareholders of record on Wednesday, February 1st will be given a dividend of $0.6549 per share on Tuesday, February 28th. This represents a $2.62 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date of this dividend is Monday, January 30th.

Where is Bank of Montreal's stock going? Where will Bank of Montreal's stock price be in 2017?

14 brokerages have issued 12-month price targets for Bank of Montreal's shares. Their forecasts range from $75.00 to $97.00. On average, they expect Bank of Montreal's share price to reach $87.10 in the next twelve months.

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 I.G. Investment Management LTD. (1.84%), Letko Brosseau & Associates Inc. (0.87%), Franklin Resources Inc. (0.83%), Guardian Capital LP (0.80%), Dimensional Fund Advisors LP (0.58%) and AQR Capital Management LLC (0.36%).

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 I.G. Investment Management LTD., O Shaughnessy Asset Management LLC, Guardian Capital LP, Letko Brosseau & Associates Inc., FMR LLC, Guggenheim Capital LLC, Teachers Retirement System of The State of Kentucky and NN Investment Partners Holdings N.V..

Who bought Bank of Montreal stock? Who is buying Bank of Montreal stock?

Bank of Montreal's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Fiera Capital Corp, AQR Capital Management LLC, Intact Investment Management Inc., Renaissance Technologies LLC, Flinton Capital Management LLC, Tyers Asset Management LLC and DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main.

How do I buy Bank of Montreal stock?

Shares of Bank of Montreal can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Bank of Montreal stock cost?

One share of Bank of Montreal stock can currently be purchased for approximately $76.40.

Bank of Montreal (NYSE:BMO) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Bank of Montreal (NYSE:BMO)

Earnings History Chart

Earnings by Quarter for Bank of Montreal (NYSE:BMO)

Dividend History Chart

Dividend Payments by Quarter for Bank of Montreal (NYSE:BMO)

Last Updated on 2/24/2017 by MarketBeat.com Staff