Bank of Montreal

Bank of Montreal

BMO · NYSE · Financial Services / Banks - Diversified

173.24USD+0.31 (+0.18%)

Price History

Full chart

Market Stats

Previous Close172.93
Open173.51
Day Range172.27 – 174.03
52-Week Range117.03 – 187.22
Volume282.60K
Market Cap118.50B
P/E (TTM)19.26
Forward P/E14.39
EPS8.85
Dividend Yield2.89%
Beta1.12
50-Day Avg170.86
200-Day Avg159.23

About

Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian Personal and Commercial Banking; U.S. Banking; Wealth Management; and Capital Markets segments. The company offers chequing accounts, savings accounts, money markets and certificates of deposits, debit cards, overdrafts, digital banking, credit cards, loans, mortgages, investment and retirement options, and other banking services; and commercial banking products and services, including financing options and treasury and payment solutions, as well as risk management products. It also offers investing, banking, and wealth management advisory; digital investing services; financial solutions for individuals, families, and businesses; offers investment management services to institutional, retail, and high net worth investors; and diversified insurance, and wealth and pension de-risking solutions. In addition, the company provides individual life, critical illness and annuity products, as well as segregated funds, and group creditor and travel insurance to customers; debt and equity capital-raising, loan origination and syndication, balance sheet management, treasury management, mergers and acquisitions advice, restructurings and recapitalizations, trade finance, and risk mitigation services, as well as a range of banking and other operating services. Further, the company offers research and access to financial markets for institutional, corporate and retail clients through an integrated suite of sales and trading solutions related to debt, foreign exchange, interest rates, credit, equities, securitization, and commodities; provides new product development and origination services, as well as risk management and advisory services for hedging strategies, including in interest rates, foreign exchange rates and commodities prices; and funding and liquidity management services. Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Diversified
  • CEOMr. William Darryl White
  • Employees53.23K
  • Headquarters129 rue Saint-Jacques, Montreal, QC, Canada, H2Y 1L6, USA
  • Websitehttps://www.bmo.com

Leadership

  • Mr. William Darryl WhiteCEO & Director · b. 1972
  • Mr. Darrel Harris HackettU.S. CEO of BMO Financial Corp., President & CEO of BMO Bank N.A. · b. 1972
  • Mr. Alan TannenbaumCEO & Group Head of BMO Capital Markets · b. 1968
  • Mr. Aron D. LevineGroup Head & President of BMO U.S.
  • Mr. Rahul NalgirkarChief Financial Officer
  • Mr. Steve Tennyson C.F.A.Chief Technology & Operations Officer
  • Ms. Mona MaloneChief Administrative Officer, Chief Human Resources Officer and Head of People, Culture & Brand
  • Ms. Christine ViauHead of Investor Relations
  • Pascale ElharrarChief Legal Officer of Enterprise Legal & Corporate Secretary
  • Ms. Catherine Margaret RocheChief Marketing Officer

Financials

Income Statement

Currency: CAD1994-10-311995-10-311996-10-311997-10-311998-10-311999-10-312000-10-312001-10-312002-10-312003-10-312004-10-312005-10-312006-10-312007-10-312008-10-312009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312014-12-312015-10-312015-12-312016-10-312016-12-312017-10-312017-12-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Revenue9.11B12.09B13.00B14.51B17.24B16.69B18.63B17.22B13.06B13.15B13.03B15.22B18.15B20.34B19.87B16.07B15.45B18.99B20.77B21.42B22.63B58.77B23.58B42.83B25.46B57.09B27.86B52.27B32.34B38.60B34.37B32.49B37.27B68.01B78.56B78.15B
Growth (%)-+32.70%+7.56%+11.65%+18.77%-3.21%+11.64%-7.55%-24.17%+0.67%-0.86%+16.75%+19.30%+12.07%-2.34%-19.13%-3.82%+22.91%+9.35%+3.13%+5.68%+159.65%-59.88%+81.65%-40.54%+124.22%-51.21%+87.64%-38.14%+19.36%-10.95%-5.48%+14.73%+82.47%+15.51%-0.52%
Cost of Revenue4.49B6.78B7.11B7.73B10.23B9.22B10.46B9.48B5.13B4.61B3.76B5.56B8.34B11.35B10.99B6.61B4.29B6.26B5.60B5.17B5.14B05.01B05.29B06.88B010.26B14.14B12.30B5.60B11.32B38.37B50.28B45.67B
Gross Profit4.62B5.31B5.89B6.78B7.01B7.47B8.17B7.74B7.93B8.54B9.28B9.66B9.81B9.00B8.88B9.46B11.16B12.73B15.16B16.24B17.49B018.57B020.18B020.98B022.08B24.46B22.07B26.89B25.95B29.64B28.28B32.48B
Gross Margin50.71%43.91%45.34%46.73%40.68%44.76%43.86%44.95%60.75%64.97%71.18%63.49%54.04%44.22%44.67%58.88%72.23%67.03%73.02%75.84%77.29%0.00%78.76%0.00%79.24%0.00%75.29%0.00%68.27%63.37%64.22%82.77%69.61%43.59%36.00%41.56%
Operating Expense3.23B3.66B3.97B4.64B4.86B5.35B5.33B5.77B6.09B6.11B5.99B6.33B6.35B6.60B6.89B7.38B7.59B8.74B10.13B10.99B12.26B-13.23B-14.44B-14.34B-14.66B17.19B15.72B16.63B8.06B23.70B18.75B20.93B
Operating Income1.38B1.65B1.93B2.15B2.15B2.12B2.84B1.97B1.84B2.43B3.28B3.33B3.46B2.40B1.98B2.08B3.57B3.99B5.03B5.25B5.24B-5.34B-5.73B-6.63B-7.41B7.27B6.35B10.26B17.89B5.95B9.54B11.55B
Operating Margin15.21%13.64%14.81%14.78%12.50%12.69%15.27%11.46%14.10%18.51%25.19%21.87%19.04%11.77%9.97%12.95%23.11%21.01%24.22%24.51%23.13%-22.65%-22.51%-23.80%-22.93%18.84%18.47%31.58%47.99%8.74%12.14%14.78%
EBITDA1.61B1.92B2.23B2.58B2.56B2.61B3.33B2.50B2.34B2.92B3.75B3.80B3.86B2.83B2.42B2.55B4.04B4.53B5.71B5.94B5.98B-6.13B-6.78B-7.73B-8.54B8.48B7.97B11.82B19.37B8.04B11.64B13.73B
EBITDA Margin17.67%15.92%17.12%17.76%14.82%15.64%17.90%14.50%17.89%22.24%28.79%24.97%21.26%13.92%12.16%15.88%26.15%23.84%27.50%27.75%26.43%-26.00%-26.62%-27.76%-26.41%21.96%23.18%36.39%51.96%11.82%14.82%17.57%
Net Income824.97M986.00M1.17B1.31B1.35B1.38B1.86B1.47B1.42B1.78B2.29B2.40B2.66B2.13B1.98B1.79B2.81B3.04B4.08B4.13B4.28B2.20B4.37B1.27B4.62B2.55B5.34B5.15B5.45B5.76B5.10B7.75B13.54B4.42B7.32B8.71B
Net Income Margin9.06%8.16%8.98%8.99%7.83%8.28%9.97%8.54%10.85%13.55%17.61%15.75%14.67%10.47%9.96%11.12%18.18%16.01%19.66%19.28%18.90%3.75%18.54%2.96%18.15%4.46%19.16%9.85%16.86%14.92%14.83%23.87%36.32%6.51%9.32%11.14%
R&D------000000000000000-0-0-0-00------
R&D as % of Total Revenue------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-0.00%-0.00%-0.00%-0.00%0.00%------
Interest Expense3.98B6.50B6.88B7.46B10.10B8.90B10.10B8.50B4.31B4.15B3.86B5.38B8.17B10.99B9.66B5.00B3.24B5.05B4.84B4.59B4.58B04.39B04.52B06.14B09.60B13.26B9.34B5.58B11.01B36.89B46.52B42.05B
Interest Expense % of Total Revenue43.69%53.81%52.93%51.37%58.57%53.32%54.21%49.36%32.98%31.57%29.61%35.34%45.00%54.05%48.64%31.14%20.99%26.59%23.30%21.42%20.24%0.00%18.64%0.00%17.74%0.00%22.03%0.00%29.68%34.37%27.19%17.17%29.55%54.25%59.21%53.81%

Balance Sheet

Currency: CAD1994-10-311995-10-311996-10-311997-10-311998-10-311999-10-312000-10-312001-10-312002-10-312003-10-312004-10-312005-10-312006-10-312007-10-312008-10-312009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312014-12-312015-10-312015-12-312016-10-312016-12-312017-10-312017-12-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Assets138.18B151.83B169.83B207.84B222.59B230.61B233.40B239.41B252.86B256.49B265.19B293.86B319.98B366.52B416.05B388.46B437.71B500.57B525.45B537.04B588.66B1.33T641.88B1.19T687.93B1.01T709.58B1.10T774.05B852.20B949.26B988.17B1.14T1.35T1.41T1.48T
Total Liabilities131.64B144.64B162.25B198.78B211.47B219.24B220.70B228.73B240.97B244.01B251.06B280.02B304.92B349.90B398.15B368.26B416.03B472.74B495.36B505.87B553.25B1.26T601.97B1.12T645.61B951.16B665.23B1.03T728.32B801.12B892.67B930.65B1.07T1.27T1.33T1.39T
Total Equity6.54B7.03B7.59B8.90B10.61B10.98B11.94B10.68B11.89B12.48B13.19B13.84B15.06B15.30B17.90B20.20B20.18B26.35B28.66B30.11B34.31B75.92B39.91B68.67B42.33B59.34B44.35B66.16B45.73B51.08B56.59B57.52B71.04B76.09B84.25B88.05B
Cash14.57B20.32B24.19B32.25B19.73B24.04B18.51B17.66B19.31B19.86B18.05B20.72B19.27B22.89B21.11B13.29B22.62B25.66B26.28B32.61B34.50B444.50B47.68B408.14B36.10B348.52B39.09B365.39B50.45B56.79B66.44B101.56B93.20B82.04B68.74B70.32B
Total Debt23.89B23.25B32.55B35.52B42.39B39.34B34.01B28.76B36.24B34.88B35.33B25.13B34.64B60.90B36.81B50.55B78.50B71.00B69.31B55.24B67.07B-106.08B-97.97B-103.41B-108.14B281.79B275.67B287.36B326.60B354.84B373.23B415.19B
Net Debt9.32B2.94B8.37B3.28B22.66B15.30B15.50B11.10B16.94B15.02B17.29B4.41B15.37B38.01B15.70B37.25B55.88B45.35B43.03B22.63B32.58B--21.59B--31.66B--11.01B--18.61B225.00B209.23B185.80B233.40B272.80B304.49B344.87B

Cash Flow

Currency: CAD1994-10-311995-10-311996-10-311997-10-311998-10-311999-10-312000-10-312001-10-312002-10-312003-10-312004-10-312005-10-312006-10-312007-10-312008-10-312009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312014-12-312015-10-312015-12-312016-10-312016-12-312017-10-312017-12-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Operating Cash Flow126.06M-691.00M-4.80B-1.74B2.95B4.34B-2.99B10.65B-4.10B-9.27B640.00M-7.25B-942.00M-21.56B4.25B12.79B-6.58B1.62B10.26B11.44B-2.93B16.14B2.25B24.13B-2.73B2.56B2.91B-4.32B17.91B29.30B50.84B44.05B4.96B9.59B29.03B10.24B
Investing Cash Flow-18.68B-9.63B-11.17B-27.39B-8.29B-15.25B10.92B2.37B-9.29B10.55M-7.33B-20.50B-20.30B-34.49B11.05B-10.65B-7.03B97.00M-7.45B-1.66B3.03B-12.04B4.03B-4.88B-15.33B-848.00M-3.15B9.21B-11.33B-19.58B-31.97B-299.00M-29.47B-21.16B-24.53B605.00M
Financing Cash Flow17.39B10.47B17.41B28.43B5.66B10.37B-8.20B-11.71B13.63B8.08B6.99B27.31B21.29B57.64B-10.36B-63.00M21.63B-191.00M-2.03B-4.83B-465.00M-6.67B149.00M-9.22B8.05B-13.56B2.00B-6.79B2.74B-2.61B-10.30B-5.12B15.98B268.00M-17.41B-8.67B
Capital Expenditure246.04M340.00M400.94M538.94M571.08M329.56M345.72M398.35M384.74M254.52M365.00M487.00M519.00M405.00M449.00M380.00M481.00M639.00M664.00M615.00M737.00M5.37B524.00M5.04B611.00M4.65B791.00M4.94B886.00M1.13B1.03B983.00M1.45B1.68B1.56B1.73B
Free Cash Flow-119.98M-1.03B-5.20B-2.27B2.37B4.01B-3.34B10.25B-4.48B-9.53B275.00M-7.74B-1.46B-21.96B3.80B12.41B-7.07B977.00M9.60B10.83B-3.66B-1.73B--3.34B-2.12B-17.03B28.18B49.80B43.07B3.51B7.91B27.47B8.51B
Dividends Paid374.00M419.00M454.98M510.07M574.93M616.45M630.52M647.52M668.22M704.21M829.00M955.00M1.16B1.28B1.36B1.31B1.18B1.66B1.42B1.90B1.85B490.00M2.13B2.23B2.22B3.03B2.01B3.72B2.58B2.75B2.48B2.98B2.60B2.70B3.84B5.03B
FCF to OCF-95.17%149.20%108.35%131.05%80.62%92.40%111.55%96.26%109.39%102.74%42.97%106.71%155.10%101.88%89.43%97.03%107.31%60.46%93.53%94.63%125.18%-76.71%-122.40%-72.80%-95.05%96.15%97.97%97.77%70.79%82.51%94.61%83.12%
Dividend Paid to FCF-311.73%-40.64%-8.74%-22.42%24.21%15.39%-18.88%6.32%-14.91%-7.39%301.45%-12.34%-79.60%-5.84%35.84%10.57%-16.63%170.21%14.79%17.51%-50.52%-123.70%--66.46%-94.95%-15.17%9.77%4.97%6.92%73.95%34.15%13.98%59.11%

Earnings

Report DateAug 21, 1995Nov 28, 1995Feb 27, 1996May 28, 1996Aug 27, 1996Nov 26, 1996Feb 25, 1997May 27, 1997Aug 26, 1997Nov 25, 1997Feb 24, 1998May 26, 1998Aug 25, 1998Apr 29, 1999May 26, 1999Aug 24, 1999Nov 19, 1999Feb 29, 2000May 31, 2000Aug 22, 2000Nov 28, 2000Feb 27, 2001May 23, 2001Aug 28, 2001Nov 27, 2001Feb 26, 2002May 28, 2002Aug 27, 2002Nov 26, 2002Feb 25, 2003May 27, 2003Aug 26, 2003Nov 25, 2003Feb 24, 2004May 26, 2004Aug 24, 2004Nov 23, 2004Feb 22, 2005May 25, 2005Aug 23, 2005Nov 29, 2005Mar 1, 2006May 24, 2006Aug 22, 2006Nov 28, 2006Mar 1, 2007May 23, 2007Aug 28, 2007Nov 27, 2007Mar 4, 2008May 27, 2008Aug 26, 2008Nov 25, 2008Mar 3, 2009May 26, 2009Aug 25, 2009Nov 24, 2009Mar 2, 2010May 26, 2010Aug 24, 2010Dec 7, 2010Mar 1, 2011May 25, 2011Aug 23, 2011Dec 6, 2011Feb 28, 2012May 23, 2012Aug 28, 2012Dec 4, 2012Feb 26, 2013May 29, 2013Aug 27, 2013Dec 3, 2013Feb 25, 2014May 28, 2014Aug 26, 2014Dec 2, 2014Feb 24, 2015May 27, 2015Aug 25, 2015Dec 1, 2015Feb 23, 2016May 25, 2016Aug 23, 2016Dec 6, 2016Feb 28, 2017May 24, 2017Aug 29, 2017Dec 5, 2017Feb 27, 2018May 30, 2018Aug 28, 2018Dec 4, 2018Feb 26, 2019May 29, 2019Aug 27, 2019Dec 3, 2019Feb 25, 2020May 27, 2020Aug 25, 2020Dec 1, 2020Feb 23, 2021May 26, 2021Aug 24, 2021Dec 3, 2021Mar 1, 2022May 25, 2022Aug 30, 2022Dec 1, 2022Feb 28, 2023May 24, 2023Aug 29, 2023Dec 1, 2023Feb 27, 2024May 29, 2024Aug 27, 2024Dec 5, 2024Feb 25, 2025May 28, 2025Aug 26, 2025Dec 4, 2025Feb 25, 2026May 27, 2026Aug 25, 2026Dec 3, 2026
EPS Estimate0.430.450.470.470.490.530.550.570.600.640.620.640.630.560.580.620.380.670.710.690.700.770.760.780.080.690.610.760.810.780.780.830.940.981.001.031.071.091.091.121.091.201.201.191.251.301.321.381.381.381.201.201.080.960.910.951.011.011.081.191.221.311.321.331.301.361.351.391.421.471.501.521.581.541.531.661.661.631.661.731.741.721.751.831.851.871.932.002.012.062.122.262.312.252.332.492.412.371.221.711.932.152.772.943.223.273.223.143.073.163.233.132.853.032.032.762.392.402.392.962.893.213.452.712.76
EPS Actual0.460.470.520.490.540.530.580.560.660.600.640.660.661.260.630.690.380.710.780.680.760.750.800.880.250.750.590.720.850.790.810.991.001.031.171.271.101.191.211.041.311.241.251.381.351.321.471.471.421.191.251.170.971.090.930.971.131.131.261.131.241.301.341.351.231.421.441.491.591.521.461.681.641.611.631.731.631.531.711.861.901.751.731.942.102.081.922.032.112.122.202.362.322.322.302.382.432.411.041.852.413.063.133.443.333.893.233.093.043.222.932.782.812.561.902.641.903.042.503.232.973.483.672.84-
Surprise6.98%4.44%10.64%4.26%10.20%0.00%5.45%-1.75%10.00%-6.25%3.23%3.13%4.76%125.00%8.62%11.29%0.00%5.97%9.86%-1.45%8.57%-2.60%5.26%12.82%212.50%8.70%-3.28%-5.26%4.94%1.28%3.85%19.28%6.38%5.10%17.00%23.30%2.80%9.17%11.01%-7.14%20.18%3.33%4.17%15.97%8.00%1.54%11.36%6.52%2.90%-13.77%4.17%-2.50%-10.19%13.54%2.20%2.11%11.88%11.88%16.67%-5.04%1.64%-0.76%1.52%1.50%-5.38%4.41%6.67%7.19%11.97%3.40%-2.67%10.53%3.80%4.55%6.54%4.22%-1.81%-6.13%3.01%7.51%9.20%1.74%-1.14%6.01%13.51%11.23%-0.52%1.50%4.98%2.91%3.77%4.42%0.43%3.11%-1.29%-4.42%0.83%1.69%-14.75%8.19%24.87%42.33%13.00%17.01%3.42%18.96%0.31%-1.59%-0.98%1.90%-9.29%-11.18%-1.40%-15.51%-6.40%-4.35%-20.50%26.67%4.60%9.12%2.77%8.41%6.38%4.80%-
Timing-------Pre-marketPre-marketPre-marketPre-market--After-hours-----Pre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap118.50B
Enterprise Value215.52M
Trailing P/E19.26
Forward P/E14.39
PEG Ratio1.51
Price / Sales3.32
Price / Book1.94
EPS8.85
Book Value86.79
Revenue (TTM)35.67B
Gross Profit (TTM)35.67B
Profit Margin25.66%
Operating Margin30.50%
Return on Equity10.57%
Return on Assets0.62%
Shares Outstanding695.09M
Shares Float696.32M
Beta1.12
Dividend Yield2.89%
Dividend Rate4.88
Payout Ratio37.74%

Analyst Ratings

Hold
Based on 15 analystsTarget 168.35
  • Strong Buy
    2
  • Buy
    3
  • Hold
    7
  • Sell
    3

Ownership Breakdown

Institutions
54.59%
Insiders
0.03%
Retail / Other
45.38%

Top Institutional Holders

  • Royal Bank of Canada
    52.17M7.51%
  • Bank of Montreal
    28.13M4.05%
  • BMO Capital Markets Corp.
    28.13M4.05%
  • Vanguard Capital Management, LLC
    20.48M2.95%
  • TD Asset Management Inc
    15.23M2.19%
  • CIBC World Markets Inc.
    12.41M1.79%
  • Fidelity International Ltd
    12.33M1.77%
  • NATIONAL BANK OF CANADA /FI/
    10.41M1.50%
  • FMR Inc
    9.53M1.37%
  • 1832 Asset Management L.P
    9.30M1.34%
  • NORGES BANK
    8.80M1.27%
  • Mackenzie Investments
    8.55M1.23%
  • Geode Capital Management, LLC
    7.97M1.15%
  • Canada Pension Plan Investment Board
    7.26M1.04%
  • CIBC Global Asset Management Inc
    6.75M0.97%
  • TD Waterhouse Canada Inc
    6.35M0.91%
  • Vanguard Fiduciary Trust Co
    6.26M0.90%

Top Fund Holders

  • Vanguard Total Intl Stock Index Inv
    10.46M1.50%
  • Vanguard Developed Markets Index Admiral
    6.90M0.99%
  • RBC Canadian Dividend Fund A
    5.78M0.83%

Dividends

20264×
1.23Oct 30, 20261.24Jul 30, 20261.22Apr 29, 20261.20Jan 30, 2026
20254×
1.17Oct 30, 20251.18Jul 30, 20251.11Apr 29, 20251.12Jan 30, 2025
20244×
1.11Oct 30, 20241.14Jul 30, 20241.10Apr 26, 20241.13Jan 29, 2024
20234×
1.06Oct 27, 20231.11Jul 27, 20231.05Apr 27, 20231.07Jan 27, 2023
20224×
1.02Oct 31, 20221.08Aug 1, 20221.04Apr 29, 20221.06Jan 31, 2022
20214×
0.86Oct 29, 20210.88Aug 2, 20210.85Apr 30, 20210.82Jan 29, 2021

Stock Splits

  • Mar 15, 20012:1