Bank of Montreal (TSX:BMO.PRY) - Stock Price, News & Analysis

BMO.PRY Stock Overview

Bank of Montreal provides diversified financial services primarily in North America.

BMO.PRY fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	2/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 38.6% below our estimate of its fair value

Earnings are forecast to grow 13.65% per year

Pays a reliable dividend of 4.71%

Risk Analysis

Profit margins (16.6%) are lower than last year (34.6%)

Shareholders have been diluted in the past year

Bank of Montreal Competitors

Bank of Nova Scotia

TSX:BNS

CA$79.0b

Toronto-Dominion Bank

TSX:TD

CA$142.0b

Canadian Imperial Bank of Commerce

TSX:CM

CA$61.5b

Royal Bank of Canada

TSX:RY

CA$192.9b

Price History & Performance

Summary of all time highs, changes and price drops for Bank of Montreal
Historical stock prices
Current Share Price	CA$23.60
52 Week High	CA$23.68
52 Week Low	CA$16.07
Beta	1.18
1 Month Change	2.16%
3 Month Change	19.37%
1 Year Change	27.43%
3 Year Change	-2.24%
5 Year Change	12.81%
Change since IPO	-4.45%

Recent updates

Shareholder Returns

	BMO.PRY	CA Banks	CA Market
7D	0.08%	2.0%	1.2%
1Y	27.4%	3.7%	6.1%

Return vs Industry: BMO.PRY exceeded the Canadian Banks industry which returned 3.7% over the past year.

Return vs Market: BMO.PRY exceeded the Canadian Market which returned 6.1% over the past year.

Price Volatility

Is BMO.PRY's price volatile compared to industry and market?
BMO.PRY volatility
BMO.PRY Average Weekly Movement	2.5%
Banks Industry Average Movement	2.2%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.1%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: BMO.PRY has not had significant price volatility in the past 3 months.

Volatility Over Time: BMO.PRY's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1817	55,767	William White	www.bmo.com

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 management products.

Bank of Montreal Fundamentals Summary

How do Bank of Montreal's earnings and revenue compare to its market cap?
BMO.PRY fundamental statistics
Market cap	CA$93.42b
Earnings (TTM)	CA$5.19b
Revenue (TTM)	CA$31.18b

18.0x

P/E Ratio

1.3x

P/B Ratio

Is BMO.PRY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BMO.PRY income statement (TTM)
Revenue	CA$31.18b
Cost of Revenue	CA$0
Gross Profit	CA$31.18b
Other Expenses	CA$26.00b
Earnings	CA$5.19b

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

May 29, 2024

Earnings per share (EPS)	7.12
Gross Margin	100.00%
Net Profit Margin	16.64%
Debt/Equity Ratio	238.8%

How did BMO.PRY perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

81%

Payout Ratio

Does BMO.PRY pay a reliable dividends?

See BMO.PRY dividend history and benchmarks

When do you need to buy BMO.PRY by to receive an upcoming dividend?
Bank of Montreal dividend dates
Ex Dividend Date	Apr 26 2024
Dividend Pay Date	May 27 2024
Days until Ex dividend	2 days
Days until Dividend pay date	33 days

Does BMO.PRY pay a reliable dividends?

See BMO.PRY dividend history and benchmarks

BMO.PRY Stock Overview

Rewards

Risk Analysis

Bank of Montreal Competitors

TSX:BNS

CA$79.0b

TSX:TD

CA$142.0b

TSX:CM

CA$61.5b

TSX:RY

CA$192.9b

Price History & Performance

Recent News & Updates

BMO Launches Greener Future Financing Program to Help U.S. Businesses Build Climate Resilient Operations

Bank of Montreal Declares Dividend on Common Shares, Payable on May 28, 2024

Bank of Montreal Increases Common Share Dividend, Payable on February 27, 2024

Bank of Montreal Is Reportedly Exploring Sale of RV Loan Portfolio

BMO Financial Group Announces Chief Executive Officer Changes

Bank of Montreal to Report Q1, 2024 Results on Feb 27, 2024

Recent updates

BMO Launches Greener Future Financing Program to Help U.S. Businesses Build Climate Resilient Operations

Bank of Montreal Declares Dividend on Common Shares, Payable on May 28, 2024

Bank of Montreal Increases Common Share Dividend, Payable on February 27, 2024

Bank of Montreal Is Reportedly Exploring Sale of RV Loan Portfolio

BMO Financial Group Announces Chief Executive Officer Changes

Bank of Montreal to Report Q1, 2024 Results on Feb 27, 2024

Bank of Montreal Appoints Hazel Claxton to Its Board of Directors

Bank of Montreal, Annual General Meeting, Apr 16, 2024

Abu Dhabi Developmental Holding Company PJSC and Bank of Montreal entered into definitive agreements to acquire an unknown minority stake in Sagard and Great-West Lifeco Inc. has agreed to increase its existing minority stake.

Bank of Montreal Declares Quarterly Dividend for the Third Quarter of Fiscal Year 2023, Payable on August 28, 2023

BMO Financial Group Appoints Nadim Hirji as Group Head, BMO Commercial Banking, Effective March 1, 2023

BMO Rolls Out Its Enhanced BMO Harris Business Platinum Rewards Mastercard

Bank of Montreal to Report Q3, 2023 Results on Aug 29, 2023

Bank of Montreal to Report Q4, 2022 Results on Dec 01, 2022

Platform Business and IFA Business of Convoy Global Holdings Limited completed the acquisition of AGBA Acquisition Limited (NasdaqCM:AGBA) from Agba Holding Limited and others in a reverse merger transaction.

BMO Financial Group Appoints Viviane Croux as Head, Corporate Finance, Quebec

E la Carte, Inc. (Presto) completed the acquisition of Ventoux CCM Acquisition Corp. (NasdaqCM:VTAQ) from a group of sellers in a reverse merger transaction.

Bank of Montreal Declares Quarterly Dividend on Common Shares for the Fourth Quarter of Fiscal Year 2022, Payable on November 28, 2022

Bank of Montreal to Report Q3, 2022 Results on Aug 30, 2022

Bank of Montreal (TSX:BMO) entered into a definitive agreement to acquire Radicle Group Inc.

Bank of Montreal Announces Executive Changes

Bank of Montreal Announces Management Changes

Bank of Montreal Announces Quarterly Dividend for the Third Quarter of Fiscal Year 2022, Payable on August 26, 2022

Comera Life Sciences, Inc. completed the acquisition of OTR Acquisition Corp. (NasdaqCM:OTRA) from OTR Acquisition Sponsor LLC, Karpus Management Inc, Polar Asset Management Partners Inc., Hudson Bay Capital Management LP and others in a reverse merger transaction.

Bank of Montreal to Report Q2, 2022 Results on May 25, 2022

BMO Wealth Management Appoints Leaders for BMO Private Wealth Canada, Effective June 1, 2022

NuScale Power, LLC completed the acquisition of Spring Valley Acquisition Corp. (NasdaqCM:SV) from a group of sellers in a reverse merger transaction.

Bank of Montreal Announces Quarterly Dividend for the Second Quarter of Fiscal Year 2022, Payable on May 26, 2022

BMO Financial Group Launches Business Within Reach: BMO for Black Entrepreneurs

Bank of Montreal to Report Q1, 2022 Results on Mar 01, 2022

Bank of Montreal Reportedly in Advanced Talks to Buy BNP Paribas's U.S. Unit

BMO Financial Group Financial Group Introduces the First World Elite Mastercard Credit Cards for Business Owners

BMO Financial Group Announces Dividend for the Third Quarter of 2021, Payable on August 26, 2021

J. Safra Sarasin Holding AG completed the acquisition of Private Banking Business of Bank of Montreal in Hong Kong and Singapore from Bank of Montreal (TSX:BMO).

Bank of Montreal(TSX:BMO.PRZ) dropped from S&P/TSX Preferred Share Index

J. Safra Sarasin Holding AG entered into asset purchase agreement to acquire Private Banking Business of Bank of Montreal in Hong Kong and Singapore from Bank of Montreal (TSX:BMO).

Bank of Montreal to Report Q2, 2021 Results on May 26, 2021

BMO Financial Group Announces Executive Appointments

BMO Announces Partnership with The Clearing House, Launches Global Pay for U.S. Business Customers

Bank of Montreal Introduces Wealth Accelerator, A New Option on Its Whole Life Insurance Plan

Bank of Montreal (TSX:BMO) completed the acquisition of Clearpool Group, Inc. from Edison Venture Partners VIII, LP fund managed by Edison Venture Partners VIII, LP and others.