S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning

Bank of Montreal (BMO) Competitors

C$128.15
-1.51 (-1.16%)
(As of 04/12/2024 ET)

BMO vs. BNS, CM, TD, NA, RY, BN, MFC, SLF, GWO, and IFC

Should you be buying Bank of Montreal stock or one of its competitors? The main competitors of Bank of Montreal include Bank of Nova Scotia (BNS), Canadian Imperial Bank of Commerce (CM), Toronto-Dominion Bank (TD), National Bank of Canada (NA), Royal Bank of Canada (RY), Brookfield (BN), Manulife Financial (MFC), Sun Life Financial (SLF), Great-West Lifeco (GWO), and Intact Financial (IFC). These companies are all part of the "financial services" sector.

Bank of Montreal vs.

Bank of Montreal (TSE:BMO) and Bank of Nova Scotia (TSE:BNS) are both large-cap financial services companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, institutional ownership, community ranking, earnings, media sentiment, analyst recommendations, risk, dividends and valuation.

53.7% of Bank of Montreal shares are held by institutional investors. Comparatively, 49.5% of Bank of Nova Scotia shares are held by institutional investors. 0.0% of Bank of Montreal shares are held by insiders. Comparatively, 0.0% of Bank of Nova Scotia shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Bank of Nova Scotia has a net margin of 26.75% compared to Bank of Montreal's net margin of 17.71%. Bank of Nova Scotia's return on equity of 10.20% beat Bank of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Montreal17.71% 7.28% 0.45%
Bank of Nova Scotia 26.75%10.20%0.58%

Bank of Montreal presently has a consensus price target of C$132.39, suggesting a potential upside of 3.31%. Bank of Nova Scotia has a consensus price target of C$66.97, suggesting a potential upside of 0.85%. Given Bank of Montreal's stronger consensus rating and higher probable 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
0 Sell rating(s)
1 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.93
Bank of Nova Scotia
1 Sell rating(s)
12 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Bank of Nova Scotia has lower revenue, but higher 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$31.18B2.98C$5.19BC$7.2717.63
Bank of Nova ScotiaC$29.40B2.76C$7.44BC$6.1110.87

Bank of Montreal received 160 more outperform votes than Bank of Nova Scotia when rated by MarketBeat users. However, 55.16% of users gave Bank of Nova Scotia an outperform vote while only 52.67% of users gave Bank of Montreal an outperform vote.

CompanyUnderperformOutperform
Bank of MontrealOutperform Votes
641
52.67%
Underperform Votes
576
47.33%
Bank of Nova ScotiaOutperform Votes
481
55.16%
Underperform Votes
391
44.84%

Bank of Montreal has a beta of 1.18, meaning that its stock price is 18% more volatile than the S&P 500. Comparatively, Bank of Nova Scotia has a beta of 0.96, meaning that its stock price is 4% less volatile than the S&P 500.

Bank of Montreal pays an annual dividend of C$6.04 per share and has a dividend yield of 4.7%. Bank of Nova Scotia pays an annual dividend of C$4.24 per share and has a dividend yield of 6.4%. Bank of Montreal pays out 83.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Bank of Nova Scotia pays out 69.4% of its earnings in the form of a dividend. Bank of Nova Scotia is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Bank of Montreal had 4 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 8 mentions for Bank of Montreal and 4 mentions for Bank of Nova Scotia. Bank of Montreal's average media sentiment score of 0.61 beat Bank of Nova Scotia's score of 0.24 indicating that Bank of Montreal is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank of Montreal
4 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Bank of Nova Scotia
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Bank of Montreal beats Bank of Nova Scotia on 12 of the 19 factors compared between the two stocks.

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.
Skip Chart

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.
Skip Chart

BMO vs. The Competition

MetricBank of MontrealBanks IndustryFinancial SectorTSE Exchange
Market CapC$92.97BC$75.60BC$3.04BC$5.30B
Dividend Yield4.61%4.92%4.64%5.51%
P/E Ratio17.63171.99371.7224.25
Price / Sales2.9893.862,227.911,264.80
Price / Cash0.240.1747.6079.53
Price / Book1.261.211.583.14
Net IncomeC$5.19BC$8.07BC$326.75MC$298.21M
7 Day Performance-2.95%-1.55%-0.33%-0.49%
1 Month Performance-0.43%4.13%6.27%15.80%
1 Year Performance5.71%12.84%7.70%18.47%

Bank of Montreal Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BNS
Bank of Nova Scotia
1.073 of 5 stars
C$67.94
+0.4%
C$66.97
-1.4%
-2.4%C$82.89BC$29.40B11.1289,249
CM
Canadian Imperial Bank of Commerce
1.2015 of 5 stars
C$67.55
+0.8%
C$65.81
-2.6%
+14.7%C$63.31BC$21.32B10.3348,047News Coverage
TD
Toronto-Dominion Bank
1.4279 of 5 stars
C$80.63
-0.5%
C$90.55
+12.3%
-2.7%C$142.72BC$50.40B12.74103,179Dividend Announcement
High Trading Volume
NA
National Bank of Canada
1.3047 of 5 stars
C$112.82
+0.3%
C$108.00
-4.3%
+14.3%C$38.27BC$9.89B11.8828,730
RY
Royal Bank of Canada
0.582 of 5 stars
C$139.11
+1.7%
C$137.65
-1.0%
+2.9%C$196.15BC$53.51B12.9390,166Dividend Announcement
BN
Brookfield
0.5028 of 5 stars
C$54.79
+0.8%
C$44.00
-19.7%
+25.7%C$82.73BC$97.99B66.01240,000
MFC
Manulife Financial
2.7515 of 5 stars
C$33.13
+0.7%
C$35.80
+8.1%
+25.7%C$59.97BC$27.25B12.6938,000News Coverage
SLF
Sun Life Financial
2.3015 of 5 stars
C$72.59
+0.8%
C$76.50
+5.4%
+9.7%C$42.37BC$30.85B13.8030,941Analyst Report
GWO
Great-West Lifeco
1.862 of 5 stars
C$42.41
+0.5%
C$42.78
+0.9%
+8.4%C$39.54BC$36.05B14.4733,500Analyst Report
Analyst Revision
News Coverage
IFC
Intact Financial
1.829 of 5 stars
C$220.16
+1.0%
C$236.40
+7.4%
+10.4%C$39.26BC$28.65B31.5030,000News Coverage

Related Companies and Tools

This page (TSE:BMO) was last updated on 4/13/2024 by MarketBeat.com Staff

From Our Partners