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Bank of Montreal (BMO) Competitors

Bank of Montreal logo
C$239.23 +0.54 (+0.23%)
As of 08/28/2026 04:00 PM Eastern

BMO vs. RY, TD, CM, BNS, and NA

Should you buy Bank of Montreal stock or one of its competitors? Bank of Montreal's main competitors and comparable companies include Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Canadian Imperial Bank of Commerce (CM), Bank of Nova Scotia (BNS), and National Bank of Canada (NA). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "diversified banks" industry.

How does Bank of Montreal compare to Royal Bank of Canada?

Royal Bank of Canada (TSE:RY) and Bank of Montreal (TSE:BMO) are both large-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, dividends, valuation, risk, earnings, media sentiment and institutional ownership.

Royal Bank of Canada presently has a consensus target price of C$292.64, indicating a potential upside of 2.98%. Bank of Montreal has a consensus target price of C$257.36, indicating a potential upside of 7.58%. Given Bank of Montreal's higher probable upside, analysts plainly believe Bank of Montreal is more favorable than Royal Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Bank of Canada
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77
Bank of Montreal
1 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.46

Royal Bank of Canada has a beta of 1.052381, indicating that its share price is 5% more volatile than the broader market. Comparatively, Bank of Montreal has a beta of 1.21817, indicating that its share price is 22% more volatile than the broader market.

In the previous week, Bank of Montreal had 15 more articles in the media than Royal Bank of Canada. MarketBeat recorded 45 mentions for Bank of Montreal and 30 mentions for Royal Bank of Canada. Bank of Montreal's average media sentiment score of 0.45 beat Royal Bank of Canada's score of 0.14 indicating that Bank of Montreal is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Royal Bank of Canada
7 Very Positive mention(s)
1 Positive mention(s)
11 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Bank of Montreal
10 Very Positive mention(s)
12 Positive mention(s)
14 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Royal Bank of Canada pays an annual dividend of C$6.36 per share and has a dividend yield of 2.2%. Bank of Montreal pays an annual dividend of C$6.60 per share and has a dividend yield of 2.8%. Royal Bank of Canada pays out 41.4% of its earnings in the form of a dividend. Bank of Montreal pays out 50.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Royal Bank of Canada has a net margin of 15.92% compared to Bank of Montreal's net margin of 11.75%. Royal Bank of Canada's return on equity of 16.11% beat Bank of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank of Canada15.92% 16.11% 0.80%
Bank of Montreal 11.75%10.58%0.50%

30.7% of Royal Bank of Canada shares are owned by institutional investors. Comparatively, 30.6% of Bank of Montreal shares are owned by institutional investors. 0.0% of Bank of Montreal shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Royal Bank of Canada has higher revenue and earnings than Bank of Montreal. Bank of Montreal is trading at a lower price-to-earnings ratio than Royal Bank of Canada, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Royal Bank of CanadaC$69.51B5.68C$16.24BC$15.3818.48
Bank of MontrealC$38.33B4.35C$7.28BC$13.0218.37

Summary

Royal Bank of Canada beats Bank of Montreal on 13 of the 19 factors compared between the two stocks.

How does Bank of Montreal compare to Toronto-Dominion Bank?

Toronto-Dominion Bank (TSE:TD) and Bank of Montreal (TSE:BMO) are both large-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, risk, earnings, profitability, analyst recommendations, dividends, valuation and media sentiment.

Toronto-Dominion Bank presently has a consensus target price of C$170.00, suggesting a potential upside of 0.82%. Bank of Montreal has a consensus target price of C$257.36, suggesting a potential upside of 7.58%. Given Bank of Montreal's higher probable upside, analysts plainly believe Bank of Montreal is more favorable than Toronto-Dominion Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto-Dominion Bank
1 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.55
Bank of Montreal
1 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.46

Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.5%. Bank of Montreal pays an annual dividend of C$6.60 per share and has a dividend yield of 2.8%. Toronto-Dominion Bank pays out 50.0% of its earnings in the form of a dividend. Bank of Montreal pays out 50.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

32.9% of Toronto-Dominion Bank shares are held by institutional investors. Comparatively, 30.6% of Bank of Montreal shares are held by institutional investors. 0.1% of Toronto-Dominion Bank shares are held by company insiders. Comparatively, 0.0% of Bank of Montreal shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, Bank of Montreal had 21 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 45 mentions for Bank of Montreal and 24 mentions for Toronto-Dominion Bank. Toronto-Dominion Bank's average media sentiment score of 0.69 beat Bank of Montreal's score of 0.45 indicating that Toronto-Dominion Bank is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Toronto-Dominion Bank
5 Very Positive mention(s)
4 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of Montreal
10 Very Positive mention(s)
12 Positive mention(s)
14 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Toronto-Dominion Bank has a beta of 0.875794, indicating that its stock price is 12% less volatile than the broader market. Comparatively, Bank of Montreal has a beta of 1.21817, indicating that its stock price is 22% more volatile than the broader market.

Toronto-Dominion Bank has higher revenue and earnings than Bank of Montreal. Bank of Montreal is trading at a lower price-to-earnings ratio than Toronto-Dominion Bank, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Toronto-Dominion BankC$63.78B4.37C$8.88BC$8.5219.79
Bank of MontrealC$38.33B4.35C$7.28BC$13.0218.37

Toronto-Dominion Bank has a net margin of 14.36% compared to Bank of Montreal's net margin of 11.75%. Toronto-Dominion Bank's return on equity of 12.83% beat Bank of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank14.36% 12.83% 0.43%
Bank of Montreal 11.75%10.58%0.50%

Summary

Toronto-Dominion Bank beats Bank of Montreal on 11 of the 17 factors compared between the two stocks.

How does Bank of Montreal compare to Canadian Imperial Bank of Commerce?

Canadian Imperial Bank of Commerce (TSE:CM) and Bank of Montreal (TSE:BMO) are both large-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, dividends, risk, profitability, earnings and media sentiment.

In the previous week, Bank of Montreal had 29 more articles in the media than Canadian Imperial Bank of Commerce. MarketBeat recorded 45 mentions for Bank of Montreal and 16 mentions for Canadian Imperial Bank of Commerce. Bank of Montreal's average media sentiment score of 0.45 beat Canadian Imperial Bank of Commerce's score of 0.24 indicating that Bank of Montreal is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Imperial Bank of Commerce
2 Very Positive mention(s)
0 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Bank of Montreal
10 Very Positive mention(s)
12 Positive mention(s)
14 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

30.1% of Canadian Imperial Bank of Commerce shares are owned by institutional investors. Comparatively, 30.6% of Bank of Montreal shares are owned by institutional investors. 0.0% of Canadian Imperial Bank of Commerce shares are owned by company insiders. Comparatively, 0.0% of Bank of Montreal shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Canadian Imperial Bank of Commerce currently has a consensus price target of C$167.71, suggesting a potential upside of 5.42%. Bank of Montreal has a consensus price target of C$257.36, suggesting a potential upside of 7.58%. Given Bank of Montreal's stronger consensus rating and higher possible upside, analysts plainly believe Bank of Montreal is more favorable than Canadian Imperial Bank of Commerce.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Imperial Bank of Commerce
0 Sell rating(s)
7 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.42
Bank of Montreal
1 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.46

Bank of Montreal has higher revenue and earnings than Canadian Imperial Bank of Commerce. Canadian Imperial Bank of Commerce is trading at a lower price-to-earnings ratio than Bank of Montreal, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Imperial Bank of CommerceC$31.06B4.68C$7.07BC$10.0815.78
Bank of MontrealC$38.33B4.35C$7.28BC$13.0218.37

Canadian Imperial Bank of Commerce has a net margin of 16.13% compared to Bank of Montreal's net margin of 11.75%. Canadian Imperial Bank of Commerce's return on equity of 15.44% beat Bank of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Imperial Bank of Commerce16.13% 15.44% 0.69%
Bank of Montreal 11.75%10.58%0.50%

Canadian Imperial Bank of Commerce pays an annual dividend of C$4.08 per share and has a dividend yield of 2.6%. Bank of Montreal pays an annual dividend of C$6.60 per share and has a dividend yield of 2.8%. Canadian Imperial Bank of Commerce pays out 40.5% of its earnings in the form of a dividend. Bank of Montreal pays out 50.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Canadian Imperial Bank of Commerce has a beta of 1.395418, indicating that its stock price is 40% more volatile than the broader market. Comparatively, Bank of Montreal has a beta of 1.21817, indicating that its stock price is 22% more volatile than the broader market.

Summary

Bank of Montreal beats Canadian Imperial Bank of Commerce on 12 of the 18 factors compared between the two stocks.

How does Bank of Montreal compare to Bank of Nova Scotia?

Bank of Montreal (TSE:BMO) and Bank of Nova Scotia (TSE:BNS) are both large-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, analyst recommendations, valuation, institutional ownership, profitability, media sentiment and earnings.

Bank of Nova Scotia has a net margin of 14.08% compared to Bank of Montreal's net margin of 11.75%. Bank of Nova Scotia's return on equity of 11.41% beat Bank of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Montreal11.75% 10.58% 0.50%
Bank of Nova Scotia 14.08%11.41%0.55%

Bank of Nova Scotia has higher revenue and earnings than Bank of Montreal. Bank of Nova Scotia is trading at a lower price-to-earnings ratio than Bank of Montreal, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bank of MontrealC$38.33B4.35C$7.28BC$13.0218.37
Bank of Nova ScotiaC$39.39B3.97C$7.73BC$7.2517.70

30.6% of Bank of Montreal shares are owned by institutional investors. Comparatively, 27.2% of Bank of Nova Scotia shares are owned by institutional investors. 0.0% of Bank of Montreal shares are owned by insiders. Comparatively, 0.0% of Bank of Nova Scotia shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Bank of Montreal has a beta of 1.21817, meaning that its stock price is 22% more volatile than the broader market. Comparatively, Bank of Nova Scotia has a beta of 1.295029, meaning that its stock price is 30% more volatile than the broader market.

Bank of Montreal pays an annual dividend of C$6.60 per share and has a dividend yield of 2.8%. Bank of Nova Scotia pays an annual dividend of C$4.40 per share and has a dividend yield of 3.4%. Bank of Montreal pays out 50.7% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 60.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Bank of Montreal currently has a consensus target price of C$257.36, suggesting a potential upside of 7.58%. Bank of Nova Scotia has a consensus target price of C$128.86, suggesting a potential upside of 0.39%. Given Bank of Montreal's higher possible upside, analysts clearly believe Bank of Montreal is more favorable than Bank of Nova Scotia.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of Montreal
1 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.46
Bank of Nova Scotia
0 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.50

In the previous week, Bank of Montreal had 9 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 45 mentions for Bank of Montreal and 36 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 0.81 beat Bank of Montreal's score of 0.45 indicating that Bank of Nova Scotia is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank of Montreal
10 Very Positive mention(s)
12 Positive mention(s)
14 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Bank of Nova Scotia
8 Very Positive mention(s)
9 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Bank of Nova Scotia beats Bank of Montreal on 10 of the 18 factors compared between the two stocks.

How does Bank of Montreal compare to National Bank of Canada?

National Bank of Canada (TSE:NA) and Bank of Montreal (TSE:BMO) are both large-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their media sentiment, valuation, analyst recommendations, dividends, risk, profitability, institutional ownership and earnings.

National Bank of Canada pays an annual dividend of C$4.84 per share and has a dividend yield of 2.3%. Bank of Montreal pays an annual dividend of C$6.60 per share and has a dividend yield of 2.8%. National Bank of Canada pays out 42.8% of its earnings in the form of a dividend. Bank of Montreal pays out 50.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

36.2% of National Bank of Canada shares are held by institutional investors. Comparatively, 30.6% of Bank of Montreal shares are held by institutional investors. 0.2% of National Bank of Canada shares are held by company insiders. Comparatively, 0.0% of Bank of Montreal shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

National Bank of Canada has a net margin of 14.92% compared to Bank of Montreal's net margin of 11.75%. National Bank of Canada's return on equity of 14.36% beat Bank of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
National Bank of Canada14.92% 14.36% 0.83%
Bank of Montreal 11.75%10.58%0.50%

National Bank of Canada currently has a consensus target price of C$216.33, indicating a potential upside of 1.16%. Bank of Montreal has a consensus target price of C$257.36, indicating a potential upside of 7.58%. Given Bank of Montreal's stronger consensus rating and higher probable upside, analysts clearly believe Bank of Montreal is more favorable than National Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
National Bank of Canada
0 Sell rating(s)
8 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.36
Bank of Montreal
1 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.46

National Bank of Canada has a beta of 1.34951, meaning that its share price is 35% more volatile than the broader market. Comparatively, Bank of Montreal has a beta of 1.21817, meaning that its share price is 22% more volatile than the broader market.

Bank of Montreal has higher revenue and earnings than National Bank of Canada. Bank of Montreal is trading at a lower price-to-earnings ratio than National Bank of Canada, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
National Bank of CanadaC$14.92B5.52C$4.38BC$11.3018.93
Bank of MontrealC$38.33B4.35C$7.28BC$13.0218.37

In the previous week, Bank of Montreal had 25 more articles in the media than National Bank of Canada. MarketBeat recorded 45 mentions for Bank of Montreal and 20 mentions for National Bank of Canada. Bank of Montreal's average media sentiment score of 0.45 beat National Bank of Canada's score of 0.27 indicating that Bank of Montreal is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
National Bank of Canada
5 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Neutral
Bank of Montreal
10 Very Positive mention(s)
12 Positive mention(s)
14 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

National Bank of Canada beats Bank of Montreal on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BMO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BMO vs. The Competition

MetricBank of MontrealBanks IndustryFinance SectorTSE Exchange
Market CapC$166.78BC$23.55BC$14.05BC$12.56B
Dividend Yield2.85%3.19%5.89%6.23%
P/E Ratio18.3727.3826.7438.31
Price / Sales4.359.39515.5710.23
Price / Cash0.2416.0438.3282.29
Price / Book1.931.362.194.76
Net IncomeC$7.28BC$2.58BC$1.31BC$299.09M
7 Day Performance-0.42%-0.04%0.90%-0.56%
1 Month Performance-4.43%0.76%2.48%4.73%
1 Year Performance43.95%22.94%10.76%29.84%

Bank of Montreal Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BMO
Bank of Montreal
3.6241 of 5 stars
C$239.23
+0.2%
C$257.36
+7.6%
+43.9%C$166.78BC$38.33B18.3746,700
RY
Royal Bank of Canada
2.1335 of 5 stars
C$286.92
-3.2%
C$280.69
-2.2%
+42.4%C$398.72BC$69.51B18.6691,400
TD
Toronto-Dominion Bank
2.1901 of 5 stars
C$163.64
-3.5%
C$160.83
-1.7%
+63.5%C$270.34BC$63.78B19.2193,700
CM
Canadian Imperial Bank of Commerce
2.5842 of 5 stars
C$162.93
-3.7%
C$160.95
-1.2%
+50.0%C$148.72BC$31.06B16.1648,552
BNS
Bank of Nova Scotia
2.1696 of 5 stars
C$121.21
-3.3%
C$118.08
-2.6%
+49.7%C$147.77BC$38.40B16.7291,000

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This page (TSE:BMO) was last updated on 8/30/2026 by MarketBeat.com Staff.
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