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:
- Sector: Finance
- Industry: Banks
- Sub-Industry: N/A
- Symbol: NYSE:BMO
- CUSIP: N/A
- Web: www.bmo.com
- Market Cap: $50.78 billion
- Outstanding Shares: 649,000,000
- 50 Day Moving Avg: $75.88
- 200 Day Moving Avg: $73.19
- 52 Week Range: $62.32 - $78.86
Sales & Book Value:
- Trailing P/E Ratio: 11.70
- Foreward P/E Ratio: 11.78
- P/E Growth: 3.55
- Annual Revenue: $17.39 billion
- Price / Sales: 2.92
- Book Value: $49.07 per share
- Price / Book: 1.59
- Annual Dividend: $2.88
- Dividend Yield: 3.7%
- Net Margins: 20.04%
- Return on Equity: 14.36%
- Return on Assets: 0.80%
- Debt-to-Equity Ratio: 0.13%
- Current Ratio: 1.07%
- Quick Ratio: 1.07%
- Average Volume: 383,291 shs.
- Beta: 1.04
- 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 declared a quarterly dividend on Tuesday, August 29th. Shareholders 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 annualized dividend and a yield of 3.67%. The ex-dividend date is Tuesday, October 31st. This is a positive change 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 has approved 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 reacquire shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.
How were Bank Of Montreal's earnings last quarter?
Bank Of Montreal (NYSE:BMO) announced its quarterly earnings results on Tuesday, August, 29th. The company reported $1.53 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.57 by $0.04. The company earned $5.46 billion during the quarter, compared to analysts' expectations of $5.52 billion. Bank Of Montreal had a return on equity of 14.36% and a net margin of 20.04%. The firm's revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the company posted $1.94 earnings per share. 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 analysts have issued twelve-month target prices for Bank Of Montreal's shares. Their forecasts range from $101.00 to $108.00. On average, they expect Bank Of Montreal's share price to reach $103.67 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), U.S. Bancorp (USB), Itau Unibanco Banco Holding SA (ITUB), Westpac Banking Corporation (WBK), Mitsubishi UFJ Financial Group (MTU), HDFC Bank Limited (HDB), Bank of Nova Scotia (The) (BNS), ING Group, N.V. (ING), Banco Bradesco SA (BBD), PNC Financial Services Group, Inc. (The) (PNC), Banco Bilbao Vizcaya Argentaria SA (BBVA), Sumitomo Mitsui Financial Group (SMFG), Royal Bank Scotland PLC (The) (RBS), Barclays PLC (BCS), Lloyds Banking Group PLC (LLOY), Credit Suisse Group (CS), Canadian Imperial Bank of Commerce (CM) and BB&T Corporation (BBT).
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 Sabal Trust CO (0.05%), APG Asset Management N.V. (0.03%), DORCHESTER WEALTH MANAGEMENT Co (0.03%), First National Bank of Mount Dora Trust Investment Services (0.01%), Curbstone Financial Management Corp (0.00%) and Exane Derivatives (0.00%). View Institutional Ownership Trends for Bank Of Montreal.
Who sold Bank Of Montreal stock? Who is selling Bank Of Montreal stock?
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 Curbstone Financial Management Corp, Sabal Trust CO, DORCHESTER WEALTH MANAGEMENT Co and First National Bank of Mount Dora Trust Investment Services. 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 $78.24.
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: ||6 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$103.67 (32.50% upside)|Consensus Price Target History for Bank Of Montreal (NYSE:BMO)
Analysts' Ratings History for Bank Of Montreal (NYSE:BMO)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|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 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|
|12/5/2017|| || || || || || || || |
|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) |
44.72% (Based on This Year's Estimates)
43.37% (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)
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Bank Of Montreal (BMO) Chart for Monday, October, 23, 2017