Bank of Montreal (BMO)
| Market Cap | 68.96B |
| Revenue (ttm) | 24.15B |
| Net Income (ttm) | 4.11B |
| Shares Out | 725.44M |
| EPS (ttm) | 5.28 |
| PE Ratio | 18.03 |
| Forward PE | 8.00 |
| Dividend | $4.42 (4.64%) |
| Ex-Dividend Date | Apr 26, 2024 |
| Volume | 34,439 |
| Open | 94.87 |
| Previous Close | 95.22 |
| Day's Range | 94.97 - 95.40 |
| 52-Week Range | 73.98 - 100.12 |
| Beta | 1.18 |
| Analysts | Buy |
| Price Target | 131.00 (+37.78%) |
| Earnings Date | May 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]
Financial Performance
In 2023, BMO's revenue was 31.20 billion, a decrease of -7.45% compared to the previous year's 33.71 billion. Earnings were 4.37 billion, a decrease of -67.76%.
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
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...
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...
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...
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...
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...
BMO Taps Agent IQ to Continue Enhancing Client Experience at BMO InvestorLine
AUSTIN, Texas--(BUSINESS WIRE)--Agent IQ, a pioneer in digital relationship banking and providing personalized engagement and AI-supported self-service, announced its expanded partnership with BMO (TS...
BMO Financial Group Releases Supplementary Financial Information Reflecting Changes in Presentation
TORONTO , Jan. 29, 2024 /PRNewswire/ - BMO Financial Group (TSX:BMO) (NYSE:BMO) today released an abridged Supplementary Financial Information package containing certain quarterly and annual financial...
BMO Launches MAX™ S&P 500® 4X Leveraged Exchange Traded Notes on NYSE Arca
NEW YORK , Dec. 4, 2023 /PRNewswire/ - Bank of Montreal (BMO) today announced the launch of 4X leveraged Exchange Traded Notes (ETNs) linked to the S&P 500 ® Total Return Index (the "Index") in the Un...
BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 6 per cent from the prior year
TORONTO , Dec. 1, 2023 /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 B...
BMO Financial Group Reports Fourth Quarter and Fiscal 2023 Results
BMO's 2023 audited annual consolidated financial statements and accompanying Management Discussion and Analysis (MD&A) are available online at www.bmo.com/investorrelations and at www.sedarplus.ca. Fi...
Bank of Montreal is exploring sale of RV loan portfolio - Bloomberg News
Bank of Montreal is exploring the sale of a portfolio of recreational vehicle loans, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.
BMO promotes Alan Tannenbaum to head capital markets division
Bank of Montreal on Tuesday named Alan Tannenbaum as the new head of the bank's capital market division, to replace outgoing CEO Dan Barclay, who is retiring in November.
BMO Announces Retirement of Dan Barclay, Names Alan Tannenbaum CEO, BMO Capital Markets
TORONTO and NEW YORK , Oct. 10, 2023 /PRNewswire/ - BMO Financial Group (TSX:BMO) (NYSE:BMO) today announced the upcoming retirement of its Chief Executive Officer & Group Head, Capital Markets, Dan B...
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 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 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...