Bank of Montreal (BMO)
| Market Cap | 61.44B |
| Revenue (ttm) | 25.31B |
| Net Income (ttm) | 5.48B |
| Shares Out | 716.67M |
| EPS (ttm) | 7.48 |
| PE Ratio | 11.46 |
| Forward PE | 6.77 |
| Dividend | $4.33 (5.05%) |
| Ex-Dividend Date | Oct 27, 2023 |
| Volume | 243,370 |
| Open | 86.84 |
| Previous Close | 86.44 |
| Day's Range | 85.67 - 86.84 |
| 52-Week Range | 81.55 - 102.79 |
| Beta | 1.16 |
| Analysts | Buy |
| Price Target | 131.00 (+52.81%) |
| Earnings Date | Aug 29, 2023 |
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]
Financial Performance
In 2022, BMO's revenue was 33.71 billion, an increase of 24.00% compared to the previous year's 27.19 billion. Earnings were 13.54 billion, an increase of 74.58%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to one analyst, the rating for BMO stock is "Buy" and the 12-month stock price forecast is $131.0.
News
Canadian lender BMO to wind down retail auto finance business
Bank of Montreal (BMO) is winding down its retail auto finance business and shifting focus to other areas in a move that will result unspecified number of job losses, Canada's third largest bank said ...
Hazel Claxton Appointed to Bank of Montreal Board of Directors
TORONTO , Aug. 30, 2023 /PRNewswire/ - Bank of Montreal today announced the appointment of Hazel Claxton, former Executive Vice-President and Chief Human Resources Officer of Morneau Shepell Inc. (now...
Bank of Montreal's quarterly profit falls on higher bad loan provisions
Bank of Montreal on Tuesday reported a decline in third-quarter profit as the Canadian lender set aside more rainy-day funds to cover potential losses from loan defaults.
BMO Financial Group Declares Dividends
TORONTO , Aug. 29, 2023 /PRNewswire/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced that its Board of Directors declared a quarterly dividend of $1.47 per share on paid-up common shares of Ba...
BMO Financial Group Reports Third Quarter 2023 Results
BMO's Third Quarter 2023 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended July 31, 2023 is available online at www.bmo.com/investorrelatio...
Judge rules syndicated loan was not a security in victory for JPMorgan Chase and three other banks
JPMorgan Chase & Co. JPM, +0.07% and three other banks on Thursday won an appeal in U.S. District Court for the Southern District of New York that held that a $1.78 billion leveraged loan extended in ...
BMO to Redeem U.S. $850,000,000 4.338% Subordinated Notes (Non-Viability Contingent Capital (NVCC))
TORONTO , Aug. 8, 2023 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that it intends to redeem all of its U.S. .$850,000,000 4.338% Subordinated Notes (Non-Viability Contingen...
BMO Provides Innovative New Sustainability-Linked Deposit Product to Zurn Elkay Water Solutions
Sustainability Linked Deposits (SLD) reward business account holders who achieve predetermined sustainability targets SLDs join a suite of options offered by BMO to help business clients make progress...
BMO and Bell Canada Execute Innovative Sustainability-Linked Derivative Tied to Ambitious GHG Emission Reduction Targets
Bell Canada is one of the first telecom companies to execute a Sustainability-Linked Derivative TORONTO , May 30, 2023 /PRNewswire/ - BMO (TSX: BMO) (NYSE: BMO) and Bell Canada ("Bell") have entered i...
Bank of Montreal quarterly profit rises on higher interest income
Bank of Montreal's second-quarter profit jumped as higher interest rates shored up the lender's net interest income, the Canadian bank said on Wednesday.
BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 6 per cent from the prior year
TORONTO , May 24, 2023 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.47 per share on paid-up common shares of B...
BMO Financial Group Reports Second Quarter 2023 Results
BMO's Second Quarter 2023 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended April 30, 2023, is available online at www.bmo.com/investorrela...
BMO Named to UN-Convened Group Providing Guidance to Global Banks on Nature Target Setting
Part of UN Principles for Responsible Banking, Nature Target Setting Working Group to align targets with Kunming-Montreal Global Biodiversity Framework which aims to reverse nature loss by 2030 BMO na...
BMO Confirms Election of Board of Directors
TORONTO , April 18, 2023 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today held its Annual Meeting of Shareholders. At the meeting, all the director nominees listed in the bank's management...
BMO Recommends Shareholders Reject TRC Capital's Below-Market "Mini-Tender" Offer
TORONTO , March 28, 2023 /PRNewswire/ - BMO (TSX: BMO) (NYSE: BMO) has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation ("TRC Capital") to purchase up to 1 mil...
U.S. bank crisis 'unlikely' to spill over to Canada, analyst says
Canada's top six lenders have ample liquidity and manageable credit risks which will help them to emerge largely unscathed from the crisis of confidence that has rocked the global banks over the last ...
3 Canadian Banks That Just Increased Their Dividends
Canadian financial institutions Royal Bank of Canada (NYSE: RY), Bank of Montreal (NYSE: BMO), and Bank of Novia Scotia (NYSE: BNS) all raised their dividends since February 28, as MarketBeat's data o...
BMO Proxy Circular and 2022 Sustainability Reporting Suite Now Available
TORONTO and CHICAGO , March 2, 2023 /PRNewswire/ - BMO (TSX: BMO) (NYSE: BMO) today announced that it has filed its 2023 Notice of Annual Meeting of Shareholders and Management Proxy Circular with app...
BMO Financial Group Reports First Quarter 2023 Results
BMO's First Quarter 2023 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended January 31, 2023, is available online at www.bmo.com/investorrel...
BMO Advances Patient Care with $250,000 Donation to San Francisco General Hospital Foundation
BMO's partnership supports the hospital and celebrates its 150-year legacy CHICAGO , Feb. 10, 2023 /PRNewswire/ - BMO (NYSE: BMO) announced its support for the San Francisco General Hospital Foundatio...
Bank of Montreal raises minimum wage for all U.S. employees to $20 an hour
Bank of Montreal BMO, -0.45% said Monday that it will raise its minimum hourly wage for all U.S. employees to $20 an hour, starting March 12. The Toronto-based bank said the increase is the fourth one...
BMO U.S. Announces Minimum Base Pay Increase, Bringing Hourly Pay to $20 for All Qualified U.S. Employees
The increase applies to new hires and current team members from BMO U.S. and the recently acquired Bank of the West who earn below the new minimum base pay This is the bank's fourth wage increase in t...
BMO Completes Acquisition of Bank of the West
TORONTO and CHICAGO , Feb. 1, 2023 /PRNewswire/ - BMO Financial Group (TSX: BMO) (NYSE: BMO), and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. (together, "BMO"), announced today it ha...
BMO Ranked North America's Most Sustainable Bank by Corporate Knights for Fourth Consecutive Year
Ranked the number one bank in North America on Corporate Knights' 2023 Ranking of the World's 100 Most Sustainable Corporations. Ranked eighth bank out of 793 banks, globally Exceptional scores in sus...
BMO Receives Regulatory Approval to Acquire Bank of the West
TORONTO and CHICAGO , Jan. 17, 2023 /PRNewswire/ - BMO Financial Group (TSX: BMO) (NYSE: BMO), and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. (together, "BMO"), today announced it h...