Bank of Montreal Company Profile (NYSE:BMO)

About Bank of Montreal (NYSE:BMO)

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: Financials
  • Industry: Banks - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:BMO
  • CUSIP: N/A
  • Web: www.bmo.com/
Capitalization:
  • Market Cap: $47.43952 billion
  • Outstanding Shares: 652,000,000
Average Prices:
  • 50 Day Moving Avg: $74.97
  • 200 Day Moving Avg: $73.39
  • 52 Week Range: $62.32 - $78.00
P/E:
  • Trailing P/E Ratio: 11.62
  • Foreward P/E Ratio: 11.04
  • P/E Growth: 3.24
Sales & Book Value:
  • Annual Revenue: $16.69 billion
  • Price / Sales: 2.84
  • Book Value: $49.00 per share
  • Price / Book: 1.48
Dividend:
  • Annual Dividend: $2.78
  • Dividend Yield: 3.8%
Profitability:
  • Net Margins: 21.74%
  • Return on Equity: 12.21%
  • Return on Assets: 0.71%
Debt:
  • Debt-to-Equity Ratio: 0.11%
  • Current Ratio: 1.07%
  • Quick Ratio: 1.07%
Misc:
  • Average Volume: 430,081 shs.
  • Beta: 1.02
  • Short Ratio: 9.11
 

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 Wednesday, May 24th. Investors of record on Tuesday, August 1st will be paid a dividend of $0.6616 per share on Monday, August 28th. This represents a $2.65 dividend on an annualized basis and a yield of 3.64%. 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 declared that its board has approved a share repurchase program on Saturday, June 24th 2017, which allows the company to repurchase 4,000,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

How were Bank of Montreal's earnings last quarter?

Bank of Montreal (NYSE:BMO) released its quarterly earnings data on Wednesday, May, 24th. The company reported $1.45 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.40 by $0.05. The firm earned $5.74 billion during the quarter, compared to analysts' expectations of $5.26 billion. Bank of Montreal had a return on equity of 12.21% and a net margin of 21.74%. The business's revenue for the quarter was up 12.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.73 EPS. View Bank of Montreal's Earnings History.

When will Bank of Montreal make its next earnings announcement?

Bank of Montreal is scheduled to release their next quarterly earnings announcement on Tuesday, August, 29th 2017. View Earnings Estimates for Bank of Montreal.

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

13 brokers have issued 1-year target prices for Bank of Montreal's stock. Their forecasts range from $75.00 to $108.00. On average, they anticipate 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?

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 institutional and retail investors. Top institutional shareholders include TD Asset Management Inc. (3.85%), Vanguard Group Inc. (2.24%), Bank of Nova Scotia (1.31%), Acadian Asset Management LLC (1.12%), Capital Research Global Investors (1.12%) and Great West Life Assurance Co. Can (0.88%). 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 Bank of Nova Scotia, Capital Research Global Investors, Ameriprise Financial Inc., Numeric Investors LLC, FMR LLC, CIBC Asset Management Inc, Strs Ohio and Guardian Capital LP. 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 Canada Pension Plan Investment Board, Public Sector Pension investment Board, Arrowstreet Capital Limited Partnership, Scotia Capital Inc., Vanguard Group Inc., OMERS ADMINISTRATION Corp, Highstreet Asset Management Inc. and TD Asset Management Inc.. 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?

One share of Bank of Montreal stock can currently be purchased for approximately $72.76.


MarketBeat Community Rating for Bank of Montreal (NYSE BMO)
Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  142 (Vote Outperform)
Underperform Votes:  427 (Vote Underperform)
Total Votes:  569
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.

Analyst Ratings

Consensus Ratings for Bank of Montreal (NYSE:BMO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 10 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.23)
Consensus Price Target: $88.86 (22.12% upside)

Analysts' Ratings History for Bank of Montreal (NYSE:BMO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/18/2017Canaccord GenuityInitiated CoverageHold -> HoldLowView Rating Details
6/1/2017TD SecuritiesUpgradeHold -> BuyLowView Rating Details
5/25/2017Royal Bank Of CanadaLower Price TargetSector Perform -> Sector Perform$108.00MediumView Rating Details
5/23/2017Barclays PLCUpgradeUnderweight -> Equal WeightMediumView Rating Details
5/18/2017Citigroup Inc.UpgradeNeutral -> BuyLowView Rating Details
3/1/2017ScotiabankUpgradeSector Perform -> OutperformN/AView Rating Details
1/20/2017BMO Capital MarketsReiterated RatingMarket Perform -> In-LineN/AView Rating Details
11/23/2016Credit Suisse GroupUpgradeUnderperform -> NeutralN/AView Rating Details
11/1/2016Bank of America CorporationReiterated RatingNeutralN/AView Rating Details
10/5/2016Dundee SecuritiesReiterated RatingNeutral$91.00 -> $90.00N/AView Rating Details
8/25/2016National Bank FinancialReiterated RatingSector Perform$84.00 -> $88.00N/AView Rating Details
8/25/2016DesjardinsReiterated RatingHold$84.00 -> $86.00N/AView Rating Details
8/25/2016CIBCReiterated RatingSector PerformN/AView Rating Details
6/9/2016Rafferty Capital MarketsUpgradeHold -> BuyN/AView Rating Details
(Data available from 8/21/2015 forward)

Earnings

Earnings History for Bank of Montreal (NYSE:BMO)
Earnings by Quarter for Bank of Montreal (NYSE:BMO)
Earnings History by Quarter for Bank of Montreal (NYSE BMO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/29/2017$1.47N/AView Earnings Details
5/24/20174/30/2017$1.40$1.45$5.26 billion$5.74 billionViewN/AView Earnings Details
2/28/20171/31/2017$1.44$1.71$5.38 billion$5.41 billionViewN/AView Earnings Details
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$3.53 billion$3.85 billionViewN/AView Earnings Details
2/23/2016Q116$1.72$1.75$4.92 billion$5.08 billionViewN/AView Earnings Details
12/1/2015Q415$1.32$1.44$3.60 billion$3.77 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$1.46$1.22$4.46 billion$5.06 billionViewN/AView Earnings Details
12/2/2014Q414$1.49$1.43$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$1.38$1.50$3.70 billion$3.72 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)
2017 EPS Consensus Estimate: $5.69
2018 EPS Consensus Estimate: $6.28
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$1.30$1.43$1.37
Q2 20176$1.27$1.43$1.36
Q3 20176$1.37$1.60$1.47
Q4 20176$1.40$1.56$1.48
Q1 20183$1.44$1.52$1.47
Q2 20182$1.50$1.67$1.59
Q3 20181$1.61$1.61$1.61
Q4 20181$1.61$1.61$1.61
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Bank of Montreal (NYSE:BMO)
Next Dividend:8/28/2017
Annual Dividend:$2.78
Dividend Yield:3.82%
Dividend Growth:-4.00% (3 Year Average)
Payout Ratio:46.18% (Trailing 12 Months of Earnings)
44.13% (Based on This Year's Estimates)
42.19% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Bank of Montreal (NYSE:BMO)

Dividend History by Quarter for Bank of Montreal (NYSE BMO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/24/2017quarterly$0.663.86%7/28/20178/1/20178/28/2017
2/28/2017quarterly$0.673.54%4/27/20175/1/20175/26/2017
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

Headline Trends for Bank of Montreal (NYSE:BMO)
Latest Headlines for Bank of Montreal (NYSE:BMO)
Source:
DateHeadline
americanbankingnews.com logoNational Bank Financial Equities Analysts Boost Earnings Estimates for Bank of Montreal (BMO)
www.americanbankingnews.com - August 21 at 3:58 AM
americanbankingnews.com logoBank Of Montreal (BMO) Upgraded to "Hold" at BidaskClub
www.americanbankingnews.com - August 19 at 8:30 PM
americanbankingnews.com logoBank Of Montreal (BMO) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - August 18 at 8:36 PM
fool.ca logoWhy Bank of Montreal Is a Great Investment Right Now
www.fool.ca - August 18 at 4:47 PM
americanbankingnews.com logoCormark Analysts Lift Earnings Estimates for Bank Of Montreal (BMO)
www.americanbankingnews.com - August 16 at 7:22 AM
theglobeandmail.com logoCharyl Galpin takes new role with BMO Wealth Management - The Globe and Mail
www.theglobeandmail.com - August 14 at 10:01 PM
americanbankingnews.com logoBidaskClub Downgrades Bank Of Montreal (BMO) to Sell
www.americanbankingnews.com - August 12 at 3:18 PM
finance.yahoo.com logoBank of Montreal breached its 50 day moving average in a Bearish Manner : BMO-US : August 11, 2017
finance.yahoo.com - August 11 at 5:04 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Bank of Montreal.
finance.yahoo.com - August 11 at 3:54 AM
americanbankingnews.com logoBank Of Montreal (NYSE:BMO) Lowered to Hold at BidaskClub
www.americanbankingnews.com - August 5 at 11:18 PM
finance.yahoo.com logoJPMorgan Didn’t Tell Investors About Billing Problems, Lawsuit Says
finance.yahoo.com - August 2 at 5:21 PM
prnewswire.com logoTMI Trust Company Accepts The Trustee And Custody Services Portfolio From BMO Global Asset Management's ... - PR Newswire (press release)
www.prnewswire.com - July 31 at 4:39 PM
nasdaq.com logoBank Of Montreal (BMO) Ex-Dividend Date Scheduled for July 28, 2017 - Nasdaq
www.nasdaq.com - July 27 at 5:07 PM
nasdaq.com logoFinancial Sector Update for 07/25/2017: JPM, BAC, WFC, C, USB, BMO, SIR, CIT - Nasdaq
www.nasdaq.com - July 25 at 9:31 PM
americanbankingnews.com logoBank Of Montreal (BMO) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 24 at 8:52 PM
investopedia.com logoShort Sellers Wave White Flag as Stock Prices Soar - Investopedia
www.investopedia.com - July 24 at 4:02 PM
americanbankingnews.com logoBank Of Montreal (NYSE:BMO) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - July 18 at 4:56 PM
americanbankingnews.com logoBank Of Montreal (BMO) Earns Hold Rating from Analysts at Canaccord Genuity
www.americanbankingnews.com - July 18 at 4:17 PM
finance.yahoo.com logoBMO Investments Inc. Announces Fund Termination
finance.yahoo.com - July 17 at 10:01 PM
bloomberg.com logoBank of Canada Raises Rates for First Time in 7 Years
www.bloomberg.com - July 13 at 10:46 PM
finance.yahoo.com logoBMO 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
finance.yahoo.com logoSears Canada wins court approval for sale process
finance.yahoo.com - July 13 at 10:45 PM
finance.yahoo.com logoBMO 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
finance.yahoo.com logoSchaffrik, Kohli on the Future of ECB Bond-Buying
finance.yahoo.com - July 10 at 4:38 PM
nasdaq.com logoNoteworthy ETF Outflows: FVD, BOH, BMO, CFFN - Nasdaq
www.nasdaq.com - July 6 at 5:51 PM
americanbankingnews.com logoBank Of Montreal (NYSE:BMO) Upgraded to Buy at BidaskClub
www.americanbankingnews.com - July 4 at 4:04 PM
theglobeandmail.com logoInterac e-transfer service hit by technical problems - The Globe and Mail
www.theglobeandmail.com - June 30 at 9:43 PM
finance.yahoo.com logoCanadian payments system Interac hit by technical problems
finance.yahoo.com - June 30 at 4:39 PM
fool.ca logoShould Investors Pick Up Shares of Bank of Montreal? - The Motley Fool Canada
www.fool.ca - June 29 at 10:48 PM
nasdaq.com logoCANADA STOCKS-TSX up with banks, energy stocks as yields, oil prices rise - Nasdaq
www.nasdaq.com - June 28 at 9:41 PM
theglobeandmail.com logoTD, BMO get passing grades in Federal Reserve's stress tests - The Globe and Mail
www.theglobeandmail.com - June 28 at 9:41 PM
americanbankingnews.com logoBank Of Montreal (BMO) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - June 27 at 8:32 PM
finance.yahoo.com logoBMO SmartFolio Expands Offering with Addition of RRIFs
finance.yahoo.com - June 26 at 4:35 PM
americanbankingnews.com logoBank Of Montreal (BMO) to Buyback 4,000,000 Outstanding Shares
www.americanbankingnews.com - June 24 at 11:04 AM
theglobeandmail.com logoRBC faces scrutiny following report of excess investor fees
www.theglobeandmail.com - June 23 at 9:37 PM
finance.yahoo.com logoBank of Montreal Announces Specific Share Repurchase Program as Part of its Normal Course Issuer Bid
finance.yahoo.com - June 23 at 9:37 PM
finance.yahoo.com logoBuffett's Home Capital Deal Kicked Off by 82-Year-Old Banker
finance.yahoo.com - June 22 at 9:10 PM
finance.yahoo.com logoBMO Global Asset Management (Asia) Limited Announces BMO Asia USD Investment Grade Bond ETF Dividend
finance.yahoo.com - June 22 at 11:38 AM
prnewswire.com logoInitiating Research Reports on Banking Equities -- Bank of America, PNC ...
www.prnewswire.com - June 21 at 4:59 PM
theglobeandmail.com logoBMO official Kevin Gopaul tapped as next CETFA chair
www.theglobeandmail.com - June 20 at 9:47 PM
americanbankingnews.com logoBank Of Montreal (BMO) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 20 at 5:30 PM
finance.yahoo.com logoMany 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
finance.yahoo.com logoBank 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
americanbankingnews.com logoBank Of Montreal (BMO) Upgraded by BidaskClub to Sell
www.americanbankingnews.com - June 15 at 7:40 PM
finance.yahoo.com logoETFs with exposure to Bank of Montreal : June 9, 2017
finance.yahoo.com - June 9 at 4:31 PM
americanbankingnews.com logoBank of Montreal (BMO) to Buyback 15,000,000 Shares
www.americanbankingnews.com - June 4 at 11:09 AM
theglobeandmail.com logoWhy Big Six bank stocks have barely moved after an impressive earnings season
www.theglobeandmail.com - June 1 at 9:27 PM
americanbankingnews.com logoBank of Montreal (BMO) Upgraded to Buy at TD Securities
www.americanbankingnews.com - June 1 at 7:58 AM
theglobeandmail.com logoNational Bank hikes dividend as quarterly profit rebounds
www.theglobeandmail.com - May 31 at 10:35 AM
finance.yahoo.com logoETFs with exposure to Bank of Montreal : May 30, 2017
finance.yahoo.com - May 30 at 4:00 PM

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Chart

Bank of Montreal (BMO) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by MarketBeat.com Staff