Bank of Montreal (BMO)

NYSE: BMO · IEX Real-Time Price · USD
92.71
+2.30 (2.54%)
Oct 4, 2022 4:00 PM EDT - Market closed
2.54%
Market Cap 61.22B
Revenue (ttm) 22.83B
Net Income (ttm) 8.63B
Shares Out 660.33M
EPS (ttm) 12.37
PE Ratio 7.49
Forward PE 8.62
Dividend $4.59 (4.95%)
Ex-Dividend Date Oct 31, 2022
Volume 784,388
Open 91.23
Previous Close 90.41
Day's Range 91.23 - 93.10
52-Week Range 87.28 - 122.77
Beta 1.16
Analysts Buy
Price Target 115.40 (+24.5%)
Earnings Date Aug 30, 2022

About BMO

Bank of Montreal provides diversified financial services primarily in North America. The company's personal banking products and services include checking and savings accounts, credit cards, mortgages, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, specialized banking programs, treasury and payment solutions, and risk management products for small business ... [Read more...]

Industry Banks
Founded 1817
CEO Darryl White
Employees 43,863
Stock Exchange NYSE
Ticker Symbol BMO
Full Company Profile

Financial Performance

In 2021, BMO's revenue was 27.19 billion, an increase of 7.94% compared to the previous year's 25.19 billion. Earnings were 7.75 billion, an increase of 52.13%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for BMO stock is "Buy." The 12-month stock price forecast is 115.4, which is an increase of 24.47% from the latest price.

Price Target
$115.4
(24.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

2 Financial Stocks to Buy Before the Bear Market Is Over

The market is tanking and interest rate hikes could lead to a recession. It's a tough time to buy financial names, but this duo is worth it.

Other symbols: BEN
3 days ago - The Motley Fool

2 Top Bank Stocks to Buy in October

Higher interest rates are both a tailwind and a headwind for the banking sector. Two Canadian banks are ready for the negatives.

Other symbols: TD
5 days ago - The Motley Fool

2 High-Yield Financial Stocks to Buy Hand Over Fist and 1 to Avoid

Looking for high yield stocks in the finance sector? This pair of banks is worth close inspection, while this REIT is best avoided.

Other symbols: TD
2 weeks ago - The Motley Fool

5 Good Companies Selling for a Pittance

A difficult economic environment such as the one we are currently experiencing provides the best time to find good investments at a discount, because paying the right price has a significant influence o...

Other symbols: INTCMFCNVSVZ
3 weeks ago - GuruFocus

How Much Money Do You Need to Retire?

You may be familiar with the assertion that "retirement is a number, not an age." But what is that number -- and how much is enough?

Other symbols: VTI
3 weeks ago - The Motley Fool

Buy These 5 Stocks That Recently Announced Dividend Hikes

Harley-Davidson, Inc. (HOG), Greif, Inc. (GEF), Bank of Montreal (BMO), Ubiquiti Inc. (UI) and Northrim BanCorp, Inc. (NRIM) recently hiked their dividends.

Other symbols: GEFHOGNRIMUI
1 month ago - Zacks Investment Research

Bank of Montreal (BMO) Stock Dips as Q3 Earnings Decline Y/Y

Bank of Montreal (BMO) records a marginal rise in adjusted revenues in the third quarter of fiscal 2022 (ended Jul 31).

1 month ago - Zacks Investment Research

Canadian banks brace for uncertainties after mixed quarter

Bank of Montreal (BMO) closed out a mixed quarter for Canada's biggest banks on Tuesday, with investors and analysts expecting some earnings drivers to ebb and economic uncertainties to increase in futu...

1 month ago - Reuters

BMO Financial Group Declares Dividends

TORONTO , Aug. 30, 2022 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.39 per share on paid-up common shares of Ba...

1 month ago - PRNewsWire

BMO Financial Group Reports Third Quarter 2022 Results

BMO's Third Quarter 2022 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended July 31, 2022, is available online at www.bmo.com/investorrelation...

1 month ago - PRNewsWire

2 Under-the-Radar Bank Stocks to Buy for 2022 and Beyond

If you are thinking about adding shares of financial institutions to your portfolio, you might want to look north of the border.

Other symbols: TD
1 month ago - The Motley Fool

Canadian banks face Q3 earnings declines on provisions, markets woes

Canadian banks are expected to post declines in profits on average in the third quarter as a murky economic outlook drives up provisions for credit losses (PCL) while market turmoil pressures capital ma...

Other symbols: BNSCMRYTD
1 month ago - Reuters

BMO Expands Presence in Japan with Securities License

License enables BMO to engage in the marketing, sale and distribution of foreign fixed income securities TORONTO , Aug. 4, 2022 /PRNewswire/ - BMO Financial Group (TSX: BMO) (NYSE: BMO) today announced ...

2 months ago - PRNewsWire

Why Bank of Montreal (BMO) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of Montreal (BMO) have what it takes?

2 months ago - Zacks Investment Research

3 Top Bank Stocks You Can Buy Today

Rates are heading higher, leading some to fear a recession. Investors should think long-term here and look at Canadian banks.

Other symbols: RYTD
2 months ago - The Motley Fool

BMO to Acquire Calgary-based Radicle Group Inc., a Leader in Environmental Services

Acquisition makes BMO a leader in carbon credit development, emissions measurement capabilities, and the environmental commodity market TORONTO , July 20, 2022 /PRNewswire/ - BMO Financial Group (NYSE: ...

2 months ago - PRNewsWire

2 Bank Stocks to Buy Before the Market Recovers

U.S. investors may not know much about Canada's banking system, but if history is any guide, Canadian banks are a relatively safe choice.

Other symbols: TD
2 months ago - The Motley Fool

Why Bank of Montreal (BMO) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of Montreal (BMO) have what it takes?

2 months ago - Zacks Investment Research

Bank of Montreal (BMO) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of Montreal (BMO) have what it takes?

3 months ago - Zacks Investment Research

3 Top Dividend Stocks That Wall Street Is Sleeping On

Interest rates are high and a recession could be on the way, but these conservative banks are looking relatively attractive.

Other symbols: CMTD
3 months ago - The Motley Fool

7 Bargain Income Stocks to Buy and Hold Forever

Panicking investors sent stocks into bargain territory, creating an entry point for patient income investors. The post 7 Bargain Income Stocks to Buy and Hold Forever appeared first on InvestorPlace.

Other symbols: BBYMASPRURYVICIVZ
3 months ago - InvestorPlace

This is Why Bank of Montreal (BMO) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of Montreal (BMO) have what it takes?

3 months ago - Zacks Investment Research

BMO Announces Retirement of Patrick Cronin, Names Piyush Agrawal Chief Risk Officer

TORONTO, June 8, 2022 /PRNewswire/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced the upcoming retirement of its Chief Risk Officer, Patrick Cronin, and the appointment of Piyush Agrawal into t...

3 months ago - PRNewsWire

Bank of Montreal (BMO) Up as Q2 Earnings & Revenues Rise Y/Y

Increase in revenues on the back of higher rates and rising loan demand supports Bank of Montreal's (BMO) fiscal Q2 earnings.

4 months ago - Zacks Investment Research

Bank of Montreal (BMO) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of Montreal (BMO) have what it takes?

4 months ago - Zacks Investment Research