Bank of Montreal (TSX: BMO)
Canada
· Delayed Price · Currency is CAD | Market Cap | 90.12B |
| Revenue (ttm) | 43.47B |
| Net Income (ttm) | 5.41B |
| Shares Out | 729.25M |
| EPS (ttm) | 7.06 |
| PE Ratio | 17.09 |
| Forward PE | 11.26 |
| Dividend | 5.96 (4.80%) |
| Ex-Dividend Date | Apr 26, 2024 |
| Volume | 3,319,243 |
| Open | 124.95 |
| Previous Close | 125.18 |
| Day's Range | 123.73 - 125.69 |
| 52-Week Range | 102.67 - 133.95 |
| Beta | 1.18 |
| Analysts | n/a |
| Price Target | 132.92 (+7.0%) |
| Earnings Date | May 29, 2024 |
About Bank of Montreal
Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments. The company's personal banking products and services include deposits, mortgages, home lending, consumer credit, small business lending, credit cards, cash management, financial and investment advice, and other banking services; and commercial banking products and services comprise various of financing options and treasury and payment solutions, as well as risk m... [Read more]
Financial Performance
In 2023, BMO's revenue was 33.06 billion, an increase of 25.88% compared to the previous year's 26.26 billion. Earnings were 4.37 billion, a decrease of -67.76%.
Financial StatementsNews
BMO forecast a rate cut from the Bank of Canada, but trim back on the number of cuts
Bank of Montreal expect a June rate cut from the BoC, then another in July, and one more later in the year. BOM had been looking for 100bp of cuts this year BOM also look for 75bp of cuts in 2025 also...
BMO Announces Reverse Split of Two Series of ETNs
NEW YORK , April 19, 2024 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that it will implement a reverse split of two series of its outstanding exchange traded notes (the "ETN...
BMO Announces Election of Board of Directors
TORONTO , April 16, 2024 /PRNewswire/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today held its Annual Meeting of Shareholders. At the meeting, all director nominees listed in the bank's management proxy...
Bank of Montreal's Chief Highlights U.S. Economic Strength and Expansion Strategy
Bank of Montreal's Chief Highlights U.S. Economic Strength and Expansion Strategy
BMO chief says US economy improving, calls California 'a strategically important market'
The U.S. economy was showing signs of stronger than expected growth, with California being a strategically important market, said the head of Bank of Montreal , which has rapidly expanded in its south...
140 BMO customers say they lost $1.5M in transfer frauds, plan to sue bank
More than 140 Bank of Montreal customers from across the country plan to sue the bank after, they say, cybercriminals stole a total of $1.5 million from their accounts.
US-Style Oil Megadeals Viable in Canada, BMO Energy Banker Says
A US-style megadeal is possible in Canada’s oil patch, though the pressures that pushed Exxon Mobil Corp. and Chevron Corp. to pursue large takeovers aren’t as strong north of the border, says Bank of...
Carlyle And BMO Team Up: Unveil Private Equity Strategy For Canada
The Carlyle Group Inc. (NASDAQ: CG) inked a collaboration with Bank of Montreal ‘s (NYSE: BMO) BMO Global Asset Management (BMO GAM) to aid private equity strategy for Canada . This is BMO Global’s ...
BMO Announces the Reverse Split of Three Series of ETNs
NEW YORK , March 15, 2024 /PRNewswire/ - Bank of Montreal (TSX: BMO)(NYSE: BMO) announced today that it will implement a 1-for-10 reverse split of three series of its outstanding exchange traded notes...
The FOMC meets next week - "more hawkish" is a meaningful risk
I posted earlier on the risk of a more hawkish view from the Federal Reserve next week: The Federal Open Market Committee (FOMC) meet next week - "the risk leans a bit hawkish" A snippet from Bank of ...
Despite stronger than forecast core CPI a Fed June rate cut is still expected
Earlier: CIBC: Analyzing the implications of February's US CPI report for the Fed The breadth of US inflation pressure narrowed - RBC Adding to the responses, this is in brief from Bank of Montreal: D...
BMO Proxy Circular and 2023 Sustainability Reporting Suite Now Available
TORONTO and CHICAGO, March 7, 2024 /PRNewswire/ - BMO (TSX: BMO) (NYSE: BMO) today announced that it has filed its 2024 Notice of Annual Meeting of Shareholders and Management Proxy Circular with appl...
Bank of Montreal and BNP Paribas Bank Polska SA To Acquire Bank of the West Conference Call ...
Bank of Montreal and BNP Paribas Bank Polska SA To Acquire Bank of the West Conference Call Transcript
Bank Of Montreal Q1: Higher Provision For Credit Losses And Rate Uncertainty Could Limit Growth
Bank of Montreal has seen lack of growth in non-interest revenue along with higher provisions for credit losses. Read my analysis of the BMO stock here.
Q1 2024 Bank of Montreal Earnings Call Transcript
Q1 2024 Bank of Montreal Earnings Call Transcript
Bank of Montreal (BMO) Q1 2024 Earnings Call Transcript
Rising Loan Delinquencies Bring Pain to BMO, Scotiabank Results
Earnings at Bank of Montreal and Bank of Nova Scotia were marred by increasingly cash-strapped consumers and businesses amid a challenging economic landscape.
Bank of Montreal stock dips after Q1 earnings fall short of expectations
Bank of Montreal Cuts Exposure to Ultra-Long Mortgages in Canada
Bank of Montreal is slowly whittling down a pile of ultra-long mortgages that it granted to Canadian customers to help them handle the rapid rise in interest rates.
BMO Financial Group Declares Dividends
TORONTO , Feb. 27, 2024 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.51 per share on paid-up common shares of ...
BMO Financial Group Reports First Quarter 2024 Results
BMO's First Quarter 2024 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended January 31, 2024 are available online at www.bmo.com/investorrel...
Earnings Scheduled For February 27, 2024
Companies Reporting Before The Bell • Gaotu Techedu (NYSE: GOTU) is expected to report quarterly loss at $0.07 per share on revenue of $100.49 million. • American Electric Power (NASDAQ: AEP) is pro...
BMO Bankers Sent Each Other Crude Memes Before They Were Fired
Junior bankers who were recently fired from Bank of Montreal’s metals and mining group used work-sharing platforms to circulate crude jokes and at least one obscene image, which were discovered during...
Bank of Montreal's Options Frenzy: What You Need to Know
Deep-pocketed investors have adopted a bearish approach towards Bank of Montreal (NYSE: BMO), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga un...
Bank of Montreal's Stephen Gallo Says the Market is Grappling with the New Neutral Rate
The market is grappling with where the new neutral nominal rate is for the US, UK, and Euro Area after a period of rate hikes and ahead of a likely period of monetary loosening. --------