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
SymbolNYSE:BMO
CUSIPN/A
Phone416-867-6785
Debt
Debt-to-Equity Ratio0.14
Current Ratio1.16
Quick Ratio1.16
Price-To-Earnings
Trailing P/E Ratio13.46
Forward P/E Ratio12.04
P/E Growth1.46
Sales & Book Value
Annual Sales$21.48 billion
Price / Sales2.49
Cash Flow$7.7691 per share
Price / Cash10.74
Book Value$47.30 per share
Price / Book1.76
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 Shares639,930,000
Market Cap$53.63 billion
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. Shareholders 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 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date 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 approved a stock repurchase program on Saturday, June 24th 2017, which permits the company to repurchase 4,000,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board 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 Wednesday, May, 30th. The bank reported $2.20 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.67 by $0.53. The bank had revenue of $5.62 billion for the quarter, compared to analyst estimates of $5.38 billion. Bank of Montreal had a net margin of 16.17% and a return on equity of 14.75%. The business's revenue was down 2.2% on a year-over-year basis. During the same quarter last year, the company earned $1.92 EPS. View Bank of Montreal's Earnings History.
When is Bank of Montreal's next earnings date?
What price target have analysts set for BMO?
5 analysts have issued 1 year price targets for Bank of Montreal's stock. Their forecasts range from $81.00 to $120.00. On average, they expect Bank of Montreal's share price to reach $104.50 in the next year. This suggests a possible upside of 25.2% from the stock's current price. View Analyst Price Targets for Bank of Montreal.
What is the consensus analysts' recommendation for Bank of Montreal?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of Montreal in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Mitsubishi UFJ Financial Group (MTU), Banco Santander (SAN), Mitsubishi UFJ Financial Group (MUFG), HDFC Bank (HDB), BNP PARIBAS/S (BNPQY), Westpac Banking (WBK), ANZ (ANZBY), Sumitomo Mitsui Financial Grp (SMFG), Lloyds Banking Group (LYG), ING Groep (ING), HANG SENG Bk Lt/S (HSNGY), NORDEA Bk AB SW/S (NRBAY) 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 number of of retail and institutional investors. Top institutional investors include TD Asset Management Inc. (3.56%), Toronto Dominion Bank (2.11%), CIBC World Markets Inc. (1.73%), CIBC Asset Management Inc (1.56%), Acadian Asset Management LLC (1.02%) and Great West Life Assurance Co. Can (0.99%).
Which major investors are selling Bank of Montreal stock?
BMO stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, CIBC World Markets Inc., TD Asset Management Inc., Highstreet Asset Management Inc., Russell Investments Group Ltd., Canada Pension Plan Investment Board, AGF Investments Inc. and CIBC Asset Management Inc.
Which major investors are buying Bank of Montreal stock?
BMO stock was bought by a variety of institutional investors in the last quarter, including Beutel Goodman & Co Ltd., Toronto Dominion Bank, Mainstay Capital Management LLC ADV, Renaissance Technologies LLC, PCJ Investment Counsel Ltd., Unigestion Holding SA, OMERS ADMINISTRATION Corp and Bridgewater Associates LP.
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 $83.44.
How big of a company is Bank of Montreal?
Bank of Montreal has a market capitalization of $53.63 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.
