Bank of Montreal (BMO)

NYSE: BMO · Real-Time Price · USD
90.89
-0.75 (-0.82%)
Oct 7, 2024, 3:59 PM EDT - Market closed
-0.82%
Market Cap 66.73B
Revenue (ttm) 22.74B
Net Income (ttm) 4.56B
Shares Out 729.41M
EPS (ttm) 6.28
PE Ratio 14.47
Forward PE 12.22
Dividend $4.61 (5.07%)
Ex-Dividend Date Oct 30, 2024
Volume 689,568
Open 91.38
Previous Close 91.64
Day's Range 90.38 - 91.60
52-Week Range 73.98 - 100.12
Beta 1.16
Analysts Hold
Price Target 119.75 (+31.75%)
Earnings Date Nov 29, 2024

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 2023, Bank of Montreal's revenue was 29.02 billion, a decrease of -13.06% compared to the previous year's 33.38 billion. Earnings were 4.03 billion, a decrease of -69.68%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for BMO stock is "Hold." The 12-month stock price forecast is $119.75, which is an increase of 31.75% from the latest price.

Price Target
$119.75
(31.75% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

5 days 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...

24 days 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 ...

24 days 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 weeks 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 weeks 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 weeks 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 weeks 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 weeks 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 weeks 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 weeks ago - Accesswire

Bronstein, Gewirtz and Grossman, LLC Announces an Investigation Against Bank Of Montreal (BMO) and Encourages Shareholders to Seek Compensation for Alleged Wrongdoings

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 weeks ago - Accesswire

Bronstein, Gewirtz and Grossman, LLC Announces an Investigation Against Bank Of Montreal (BMO) and Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK CITY, NY / ACCESSWIRE / August 29, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bank Of Montreal ("BoM" or "the Company") (NYSE:BMO)....

5 weeks ago - Accesswire

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

NEW YORK CITY, NY / ACCESSWIRE / August 28, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bank Of Montreal ("BoM" or "the Company") (NYSE:BMO)....

5 weeks ago - Accesswire

My Dividend Stock Portfolio: New July Dividend Record - 101 Holdings With 24 Buys

Investment activity in July focused on Business Development Companies, with $2,000 added to the market. Adjusted dividend income in July of $709, up 19% Y/Y and down 4% sequentially. Main picks includ...

5 weeks ago - Seeking Alpha

Bank of Montreal (BMO) Q3 2024 Earnings Call Transcript

Bank of Montreal (NYSE:BMO) Q3 2024 Earnings Conference Call August 27, 2024 7:15 AM ET Company Participants Christine Viau - Head of Investor Relations Darryl White - Chief Executive Officer Tayfun ...

5 weeks ago - Seeking Alpha

Bank of Montreal Stock Slips on Lower-Than-Expected Earnings

Canada's Bank of Montreal (BMO) missed estimates for its third-quarter results Tuesday, as profits declined across a number of the bank's divisions and it nearly doubled provisions for credit losses (...

5 weeks ago - Investopedia

Bank of Montreal misses forecasts on US weakness, higher provisions

Canada's Bank of Montreal (BMO) reported quarterly profit below analysts' estimates on Tuesday, its sixth miss in a row, hurt by weakness in its U.S. retail segment and as the lender made bigger than ...

5 weeks ago - Reuters

BMO Financial Group Declares Dividends

TORONTO , Aug. 27, 2024 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced at its Board of Directors declared a quarterly dividend of $1.55 per share on paid-up common shares of Ba...

5 weeks ago - PRNewsWire

BMO Financial Group Reports Third Quarter 2024 Results

BMO's Third Quarter 2024 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended July 31, 2024 are available online at www.bmo.com/investorrelati...

5 weeks ago - PRNewsWire

Bank of Montreal: Decent Dividend Yield, But Canada's Recession Fears Linger

Bank of Montreal is scheduled to release its Q3 earnings on August 27th, 2024. Canada's Real GDP has been very close to a technical recession, although it has not happened yet. The steepening yield cu...

7 weeks ago - Seeking Alpha

BMO stock price lags its Canadian peers: is it a good buy now?

The Bank of Montreal (TSX: BMO) stock price is the worst-performer among the big 4 Canadian banks this year. It has dropped by over 13% this year while TD has dropped by 5.10% and Bank of Nova Scotia ...

2 months ago - Invezz

My Dividend Stock Portfolio: New June Dividend Record - 101 Holdings With 22 Buys

Investment activity remained high in June, focusing on BDCs aiming to increase dividend income by at least $100 each month. Adjusted dividend income in June is up 27% Y/Y and 5% vs the previous quarte...

2 months ago - Seeking Alpha

BMO Announces Redemption of Four Exchange Traded Notes ("ETNs")

NEW YORK , July 8, 2024 Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that it intends to redeem all of the outstanding securities in each of the series set forth in the following table (collect...

3 months ago - PRNewsWire

Report: Bank of Montreal Leads $2.55 Billion Loan in Nuvei Deal

Bank of Montreal is reportedly leading a group of underwriters launching a $2.55 billion loan to back the previously announced acquisition of Canadian payments processor Nuvei. The loan will have a se...

3 months ago - PYMNTS

Bank of Montreal Stock Tumbles After Earnings—Here's Why

Shares of Bank of Montreal or BMO Financial Group (BMO) plunged over 8% in intraday trading Wednesday after the Canadian financial firm posted worse-than-expected results. The money it set aside to co...

4 months ago - Investopedia