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:
- Sector: Finance
- Industry: Banks - NEC
- Sub-Industry: N/A
- Symbol: NYSE:BMO
- CUSIP: N/A
- Web: www.bmo.com
- Market Cap: $50.08664 billion
- Outstanding Shares: 652,000,000
- 50 Day Moving Avg: $72.01
- 200 Day Moving Avg: $73.34
- 52 Week Range: $62.32 - $78.00
Sales & Book Value:
- Trailing P/E Ratio: 12.32
- Foreward P/E Ratio: 12.37
- P/E Growth: 3.37
- Annual Revenue: $16.62 billion
- Price / Sales: 3.01
- Book Value: $48.79 per share
- Price / Book: 1.57
- Annual Dividend: $2.64
- Dividend Yield: 3.4%
- Net Margins: 19.60%
- Return on Equity: 14.25%
- Return on Assets: 0.79%
- Debt-to-Equity Ratio: 0.11%
- Current Ratio: 1.07%
- Quick Ratio: 1.07%
- Average Volume: 497,162 shs.
- Beta: 1.01
- Short Ratio: 8.24
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 declared a quarterly dividend on Wednesday, May 24th. Shareholders of record on Tuesday, August 1st will be given a dividend of $0.6616 per share on Monday, August 28th. This represents a $2.65 annualized dividend and a yield of 3.44%. The ex-dividend date of this dividend is Friday, July 28th. View Bank Of Montreal's Dividend History.
How will Bank Of Montreal's stock buyback program work?
Bank Of Montreal announced that its board has authorized a share repurchase program on Saturday, June 24th 2017, which authorizes the company to repurchase 4,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.
How were Bank Of Montreal's earnings last quarter?
Bank Of Montreal (NYSE:BMO) announced its earnings results on Wednesday, May, 24th. The company reported $1.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.40 by $0.05. The company earned $5.74 billion during the quarter, compared to analysts' expectations of $5.26 billion. Bank Of Montreal had a return on equity of 14.25% and a net margin of 19.60%. Bank Of Montreal's revenue was up 12.5% on a year-over-year basis. During the same quarter last year, the company earned $1.73 earnings per share. View Bank Of Montreal's Earnings History.
Where is Bank Of Montreal's stock going? Where will Bank Of Montreal's stock price be in 2017?
13 brokerages have issued 1-year target prices for Bank Of Montreal's shares. Their forecasts range from $75.00 to $108.00. On average, they expect Bank Of Montreal's stock price to reach $88.86 in the next twelve months. 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), Toronto Dominion Bank (The) (TD), U.S. Bancorp (USB), Westpac Banking Corporation (WBK), Mitsubishi UFJ Financial Group (MTU), Bank of Nova Scotia (The) (BNS), ING Group, N.V. (ING), Lloyds Banking Group PLC (LYG), PNC Financial Services Group, Inc. (The) (PNC), Banco Bilbao Vizcaya Argentaria SA (BBVA), Banco Bradesco SA (BBD), Lloyds Banking Group PLC (LLOY), Sumitomo Mitsui Financial Group (SMFG), Macro Bank (BMA), Mizuho Financial Group (MFG), Barclays PLC (BCS), Royal Bank Scotland PLC (The) (RBS) and Itau Unibanco Banco Holding SA (ITUB).
Who are Bank Of Montreal's key executives?
Bank Of Montreal's management team includes the folowing people:
- William A. Downe, Chief Executive Officer, Director
- Franklin J. Techar, Vice Chair
- 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
- Darryl White, Chief Executive Officer, Chief Operating Officer, Director
- 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
Who owns Bank Of Montreal stock?
Bank Of Montreal's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.12%), Aperio Group LLC (0.06%), APG Asset Management N.V. (0.06%), Sabal Trust CO (0.05%), Jarislowsky Fraser Ltd (0.04%) and Gulf International Bank UK Ltd (0.03%). 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 James Investment Research Inc., Capstone Asset Management Co., Ipswich Investment Management Co. Inc., Cascade Investment Advisors Inc., Jarislowsky Fraser Ltd, Exane Derivatives, OLD National Bancorp IN and Private Bank & Trust Co.. 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 bought by a variety of institutional investors in the last quarter, including Mn Services Vermogensbeheer B.V., Forsta AP Fonden, Aperio Group LLC, Sabal Trust CO, NN Investment Partners Holdings N.V., DORCHESTER WEALTH MANAGEMENT Co, First National Bank of Mount Dora Trust Investment Services and Boltwood Capital Management. 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 include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Bank Of Montreal's stock price today?
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.
One share of Bank Of Montreal stock can currently be purchased for approximately $76.82.
Consensus Ratings for Bank Of Montreal (NYSE:BMO) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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: ||10 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.23)|
|Consensus Price Target: ||$88.86 (15.67% upside)|
Analysts' Ratings History for Bank Of Montreal (NYSE:BMO)
(Data available from 7/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/18/2017||Canaccord Genuity||Initiated Coverage||Hold -> Hold||Low|
|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|
|3/1/2017||Scotiabank||Upgrade||Sector Perform -> Outperform||N/A|
|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|
|8/18/2015||Keefe, Bruyette & Woods||Lower Price Target||Market Perform||$80.00 -> $78.00||N/A|
Earnings History 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|
|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: $5.64
2018 EPS Consensus Estimate: $6.18
(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:||43.85% (Trailing 12 Months of Earnings) |
44.52% (Based on This Year's Estimates)
42.51% (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
Headline Trends for Bank Of Montreal (NYSE:BMO)
Latest Headlines for Bank Of Montreal (NYSE:BMO)
|Bank Of Montreal (NYSE:BMO) Rating Increased to Buy at Zacks Investment Research|
www.americanbankingnews.com - July 18 at 4:56 PM
|Bank Of Montreal (BMO) Earns Hold Rating from Analysts at Canaccord Genuity|
www.americanbankingnews.com - July 18 at 4:17 PM
|BMO Investments Inc. Announces Fund Termination|
finance.yahoo.com - July 17 at 10:01 PM
|Bank of Canada Raises Rates for First Time in 7 Years|
www.bloomberg.com - July 13 at 10:46 PM
|BMO Financial Group Announces Over $7 Million in Donations to Community Programs in Calgary to Mark BMO's Bicentennial|
finance.yahoo.com - July 13 at 10:46 PM
|Sears Canada wins court approval for sale process|
finance.yahoo.com - July 13 at 10:45 PM
|BMO Announces $50,000 Donation and Relief Program to Support Communities Affected by Wildfires in British Columbia|
finance.yahoo.com - July 11 at 4:55 PM
|Schaffrik, Kohli on the Future of ECB Bond-Buying|
finance.yahoo.com - July 10 at 4:38 PM
|Noteworthy ETF Outflows: FVD, BOH, BMO, CFFN - Nasdaq|
www.nasdaq.com - July 6 at 5:51 PM
|Bank Of Montreal (NYSE:BMO) Upgraded to Buy at BidaskClub|
www.americanbankingnews.com - July 4 at 4:04 PM
|Interac e-transfer service hit by technical problems - The Globe and Mail|
www.theglobeandmail.com - June 30 at 9:43 PM
|Canadian payments system Interac hit by technical problems|
finance.yahoo.com - June 30 at 4:39 PM
|Should Investors Pick Up Shares of Bank of Montreal? - The Motley Fool Canada|
www.fool.ca - June 29 at 10:48 PM
|CANADA STOCKS-TSX up with banks, energy stocks as yields, oil prices rise - Nasdaq|
www.nasdaq.com - June 28 at 9:41 PM
|TD, BMO get passing grades in Federal Reserve's stress tests - The Globe and Mail|
www.theglobeandmail.com - June 28 at 9:41 PM
|Bank Of Montreal (BMO) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - June 27 at 8:32 PM
|BMO SmartFolio Expands Offering with Addition of RRIFs|
finance.yahoo.com - June 26 at 4:35 PM
|Bank Of Montreal (BMO) to Buyback 4,000,000 Outstanding Shares|
www.americanbankingnews.com - June 24 at 11:04 AM
|RBC faces scrutiny following report of excess investor fees|
www.theglobeandmail.com - June 23 at 9:37 PM
|Bank of Montreal Announces Specific Share Repurchase Program as Part of its Normal Course Issuer Bid|
finance.yahoo.com - June 23 at 9:37 PM
|Buffett's Home Capital Deal Kicked Off by 82-Year-Old Banker|
finance.yahoo.com - June 22 at 9:10 PM
|BMO Global Asset Management (Asia) Limited Announces BMO Asia USD Investment Grade Bond ETF Dividend|
finance.yahoo.com - June 22 at 11:38 AM
|Initiating Research Reports on Banking Equities -- Bank of America, PNC ...|
www.prnewswire.com - June 21 at 4:59 PM
|BMO official Kevin Gopaul tapped as next CETFA chair|
www.theglobeandmail.com - June 20 at 9:47 PM
|Bank Of Montreal (BMO) Upgraded to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - June 20 at 5:30 PM
|Many Hands Make Lighter Work: More Than 4,600 BMO Employees Unite Across North America for BMO Volunteer Day 2017|
finance.yahoo.com - June 20 at 4:42 PM
|Bank of Montreal breached its 50 day moving average in a Bullish Manner : BMO-US : June 19, 2017|
finance.yahoo.com - June 19 at 11:45 AM
|Bank Of Montreal (BMO) Upgraded by BidaskClub to Sell|
www.americanbankingnews.com - June 15 at 7:40 PM
|ETFs with exposure to Bank of Montreal : June 9, 2017|
finance.yahoo.com - June 9 at 4:31 PM
|Bank of Montreal (BMO) to Buyback 15,000,000 Shares|
www.americanbankingnews.com - June 4 at 11:09 AM
|Bank of Montreal (BMO) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - June 2 at 10:28 AM
|Why Big Six bank stocks have barely moved after an impressive earnings season|
www.theglobeandmail.com - June 1 at 9:27 PM
|Bank of Montreal (BMO) Upgraded to Buy at TD Securities|
www.americanbankingnews.com - June 1 at 7:58 AM
|National Bank hikes dividend as quarterly profit rebounds|
www.theglobeandmail.com - May 31 at 10:35 AM
|ETFs with exposure to Bank of Montreal : May 30, 2017|
finance.yahoo.com - May 30 at 4:00 PM
|Bank of Montreal :BMO-US: Earnings Analysis: Q2, 2017 By the Numbers : May 29, 2017|
finance.yahoo.com - May 29 at 4:15 PM
|Bank of Montreal Expected to Earn FY2017 Earnings of $6.01 Per Share (BMO)|
www.americanbankingnews.com - May 29 at 7:42 AM
|FY2017 EPS Estimates for Bank of Montreal Raised by National Bank Financial (BMO)|
www.americanbankingnews.com - May 29 at 7:42 AM
|Q3 2017 Earnings Forecast for Bank of Montreal (BMO) Issued By Desjardins|
www.americanbankingnews.com - May 29 at 7:24 AM
|Canadian Dividend All-Stars Expected To Announce Dividend Increases - Week Of May 29-June 2, 2017|
seekingalpha.com - May 28 at 4:05 PM
|Bank of Montreal (BMO) Upgraded at Barclays PLC|
www.americanbankingnews.com - May 27 at 10:38 PM
|Bank of Montreal to Post Q3 2017 Earnings of $1.44 Per Share, National Bank Financial Forecasts (BMO)|
www.americanbankingnews.com - May 26 at 9:45 AM
|Cormark Research Analysts Lower Earnings Estimates for Bank of Montreal (BMO)|
www.americanbankingnews.com - May 26 at 9:12 AM
|Zacks Investment Research Lowers Bank of Montreal (BMO) to Sell|
www.americanbankingnews.com - May 25 at 6:11 PM
|Bank of Montreal (BMO) PT Lowered to $108.00 at Royal Bank of Canada|
www.americanbankingnews.com - May 25 at 12:35 PM
|Bank of Montreal (BMO) Releases Earnings Results, Beats Expectations By $0.05 EPS|
www.americanbankingnews.com - May 25 at 9:48 AM
|Bank of Montreal Announces Subordinated Note Issue|
finance.yahoo.com - May 24 at 11:03 PM
|Bank of Montreal Braces for Loan Losses|
finance.yahoo.com - May 24 at 11:03 PM
|Bank of Montreal (BMO) Plans Quarterly Dividend of $0.66|
www.americanbankingnews.com - May 24 at 6:28 PM
|At the open: TSX edges lower as BMO slides - The Globe and Mail|
www.theglobeandmail.com - May 24 at 6:02 PM
Bank Of Montreal (BMO) Chart for Sunday, July, 23, 2017