Bank of Montreal (BMO)

NYSE: BMO · Real-Time Price · USD
99.07
-0.13 (-0.13%)
Jan 17, 2025, 4:00 PM EST - Market closed
-0.13%
Market Cap 73.32B
Revenue (ttm) 20.84B
Net Income (ttm) 4.97B
Shares Out 729.95M
EPS (ttm) 6.82
PE Ratio 14.74
Forward PE 13.15
Dividend $4.53 (4.57%)
Ex-Dividend Date Jan 30, 2025
Volume 329,572
Open 99.13
Previous Close 99.20
Day's Range 98.77 - 99.83
52-Week Range 76.98 - 104.63
Beta 1.16
Analysts Hold
Price Target 128.00 (+29.2%)
Earnings Date Feb 25, 2025

About BMO

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]

Sector Financials
Founded 1817
Employees 46,722
Stock Exchange NYSE
Ticker Symbol BMO
Full Company Profile

Financial Performance

In 2024, Bank of Montreal's revenue was 29.03 billion, an increase of 7.21% compared to the previous year's 27.08 billion. Earnings were 6.93 billion, an increase of 69.32%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for BMO stock is "Hold." The 12-month stock price forecast is $128.0, which is an increase of 29.20% from the latest price.

Price Target
$128.0
(29.20% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Bank of Montreal Receives Regulatory Approvals for Normal Course Issuer Bid

TORONTO , Jan. 17, 2025 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that it has received approvals from the Toronto Stock Exchange (TSX) and the Office of the Superintendent...

3 days ago - PRNewsWire

Bank of Montreal: Strengths And Risks That Need Consideration

BMO is rated a 'buy' for long-term value investors due to its strong capital position, reliable dividends, and operational improvements despite some financial challenges. BMO's CET1 ratio of 13.6% and...

4 days ago - Seeking Alpha

London Metal Exchange approves Bank of Montreal as member

The London Metal Exchange (LME) has approved Bank of Montreal (BMO) as a category 2 member, the exchange said on Tuesday.

6 days ago - Reuters

BMO and Canal Road Group Form Strategic Partnership Aimed at Providing Direct Lending to Upper Middle-Market Companies

NEW YORK , Jan. 10, 2025 /PRNewswire/ - BMO (NYSE: BMO) and Canal Road Group ("CRG") today announced they are entering into a strategic partnership. As part of the arrangement, BMO's commitment to CRG...

10 days ago - PRNewsWire

Bank of Montreal Enters into Automatic Securities Purchase Plan

TORONTO , Jan. 10, 2025 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that it has entered into an automatic securities purchase plan ("ASPP") with its broker, BMO Nesbitt Burn...

10 days ago - PRNewsWire

Bank of Montreal: Higher Credit Risks And A Higher Dividend

Bank of Montreal's business growth is strong, but rising credit loss provisions have significantly pressured profits, leading to a cautious outlook. The bank's net interest income grew by 10%, driven ...

6 weeks ago - Seeking Alpha

Bank of Montreal (BMO) Q4 2024 Earnings Call Transcript

Bank of Montreal (NYSE:BMO) Q4 2024 Earnings Conference Call December 5, 2024 8:30 AM ET Company Participants Christine Viau - Head, Investor Relations Darryl White - Chief Executive Officer Tayfun T...

6 weeks ago - Seeking Alpha

BMO Financial Group Announces Intention to Repurchase Up to 20 Million of its Common Shares

TORONTO , Dec. 5, 2024 /PRNewswire/ - Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced its intention to purchase for cancellation up to 20 million of its common shares under a normal course issuer...

6 weeks ago - PRNewsWire

BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 5 per cent from the prior year

TORONTO , Dec. 5, 2024 /PRNewswire/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced that its Board of Directors declared a quarterly dividend of $1.59 per share on paid-up common shares of Ban...

6 weeks ago - PRNewsWire

BMO Financial Group Reports Fourth Quarter and Fiscal 2024 Results

Fourth Quarter 2024 Earnings Release BMO's 2024 audited annual consolidated financial statements and accompanying Management Discussion and Analysis (MD&A) are available online at  www.bmo.com/investo...

6 weeks ago - PRNewsWire

My Dividend Stock Portfolio: New October Dividend Record - 100 Holdings With 15 Buys

Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks i...

2 months ago - Seeking Alpha

November's 5 Dividend Growth Stocks With 4.91%+ Yields

Every month we screen for potential dividend growth opportunities, which can provide some new potential ideas that could otherwise slip by. While we look for more consistent dividend growers with rela...

Other symbols: BNSCMNNNOMFRLJRYTD
2 months ago - Seeking Alpha

Diane Cooper and Brian McManus Appointed to Bank of Montreal Board of Directors

TORONTO , Oct. 29, 2024 /PRNewswire/ -Bank of Montreal today announced the appointment of Diane Cooper and Brian McManus to its Board of Directors. "We are pleased to welcome Diane and Brian to the Bo...

2 months ago - PRNewsWire

My Dividend Stock Portfolio: New September Dividend Record - 100 Holdings With 12 Buys

September's investment activity was minimal, with $1,000 invested mainly in Business Development Companies, while I traveled through Hungary, Albania, and Oman. Traveling highlighted the benefits of l...

3 months ago - Seeking Alpha

Bank of Montreal: This Solid Bank Hasn't Missed A Dividend Payment In 195 Years

Bank of Montreal boasts a 195-year streak of consecutive dividend payments, making it a premier dividend stock in Canada. BMO's robust Canadian operations and strategic U.S. expansion, including the r...

3 months ago - Seeking Alpha

Canada's BMO appoints chief artificial intelligence and data officer

Bank of Montreal said on Wednesday it has named Kristin Milchanowski as its chief artificial intelligence and data officer, as the financial services sector increasingly embraces the new technology an...

3 months ago - Reuters

Eighth Circuit Court of Appeals Overturns Petters Judgement, in BMO's Favour

TORONTO and CHICAGO , Sept. 12, 2024 /PRNewswire/ - BMO Financial Group (TSX: BMO) (NYSE: BMO) announced today that the United States Court of Appeals for the Eighth Circuit reversed a prior jury verd...

4 months ago - PRNewsWire

US appeals court voids $564 million verdict against Bank of Montreal in Ponzi case

Bank of Montreal persuaded a U.S. appeals court on Thursday to throw out a $564 million jury verdict against a subsidiary over its role in an approximately $3.65 billion Ponzi scheme run by convicted ...

4 months ago - Reuters

Bank Of Montreal (BMO) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bank Of Montreal (“BoM” or “the Com...

4 months ago - GlobeNewsWire

Bank Of Montreal (BMO) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation

NEW YORK--(BUSINESS WIRE)---- $BMO #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bank Of Montreal (“BoM” or “the C...

4 months ago - Business Wire

Outset Medical, Inc.(OM) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation

NEW YORK, Sept. 6, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bank Of Montreal ("BoM" or "the Company"...

4 months ago - PRNewsWire

Bronstein, Gewirtz & Grossman, LLC Encourages Outset Medical, Inc.(OM) Investors to Inquire about Securities Investigation

NEW YORK CITY, NY / ACCESSWIRE / September 3, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bank Of Montreal ("BoM" or "the Company") (NYSE:BMO...

4 months ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Outset Medical, Inc.(OM) And Encourages Investors to Reach Out

NEW YORK CITY, NY / ACCESSWIRE / September 2, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bank Of Montreal ("BoM" or "the Company") (NYSE:BMO...

5 months ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Outset Medical, Inc.(OM) And Encourages Stockholders to Reach Out

NEW YORK CITY, NY / ACCESSWIRE / September 1, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bank Of Montreal ("BoM" or "the Company") (NYSE:BMO...

5 months ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Is Investigating Outset Medical, Inc.(OM) And Encourages Stockholders to Connect

NEW YORK CITY, NY / ACCESSWIRE / August 30, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bank Of Montreal ("BoM" or "the Company") (NYSE:BMO)....

5 months ago - Accesswire