How does BMO.PRY's PE Ratio compare to its peers?

BMO.PRY is expensive based on its Price-To-Earnings Ratio (14.5x) compared to the peer average (14x).

How does BMO.PRY's PE Ratio compare vs other companies in the North American Banks Industry?

BMO.PRY is expensive based on its Price-To-Earnings Ratio (14.5x) compared to the North American Banks industry average (11.9x).

What is BMO.PRY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BMO.PRY is good value based on its Price-To-Earnings Ratio (14.5x) compared to the estimated Fair Price-To-Earnings Ratio (15.1x).

What is the Fair Price of BMO.PRY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

BMO.PRY (CA$24.4) is trading below our estimate of [[fair value]] (CA$41.47)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

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

BMO.PRY Stock Overview

Provides diversified financial services primarily in North America.

About the company

BMO.PRY fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	2/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 41.2% below our estimate of its fair value

Earnings are forecast to grow 12.06% per year

Pays a reliable dividend of 4.95%

Risk Analysis

No risks detected for BMO.PRY from our risk checks.

Bank of Montreal Competitors

Canadian Imperial Bank of Commerce

TSX:CM

CA$83.0b

Bank of Nova Scotia

TSX:BNS

CA$89.6b

Toronto-Dominion Bank

TSX:TD

CA$134.2b

National Bank of Canada

TSX:NA

CA$45.0b

Price History & Performance

Summary of all time highs, changes and price drops for Bank of Montreal
Historical stock prices
Current Share Price	CA$24.40
52 Week High	CA$24.63
52 Week Low	CA$16.91
Beta	1.16
11 Month Change	-0.20%
3 Month Change	1.33%
1 Year Change	42.77%
33 Year Change	-3.17%
5 Year Change	27.35%
Change since IPO	-1.21%

Recent updates

Shareholder Returns

	BMO.PRY	CA Banks	CA Market
7D	-0.4%	-1.1%	-1.3%
1Y	42.8%	27.7%	21.4%

Return vs Industry: BMO.PRY exceeded the Canadian Banks industry which returned 27.7% over the past year.

Return vs Market: BMO.PRY exceeded the Canadian Market which returned 21.1% 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	1.2%
Banks Industry Average Movement	2.4%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.4%
10% least volatile stocks in CA Market	3.0%

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

Volatility Over Time: BMO.PRY's weekly volatility (1%) 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$92.39b
Earnings (TTM)	CA$6.30b
Revenue (TTM)	CA$31.41b

14.5x

P/E Ratio

1.2x

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$31.41b
Cost of Revenue	CA$0
Gross Profit	CA$31.41b
Other Expenses	CA$25.11b
Earnings	CA$6.30b

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

Dec 05, 2024

Earnings per share (EPS)	8.64
Gross Margin	100.00%
Net Profit Margin	20.06%
Debt/Equity Ratio	265.6%

How did BMO.PRY perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

70%

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	Oct 30 2024
Dividend Pay Date	Nov 25 2024
Days until Ex dividend	7 days
Days until Dividend pay date	19 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:CM

CA$83.0b

TSX:BNS

CA$89.6b

TSX:TD

CA$134.2b

TSX:NA

CA$45.0b

Price History & Performance

Recent News & Updates

Bank of Montreal Announces Board Appointments

BMO Launches PaySmart Credit Card Installment Plan Feature in the U.S

BMO Appoints Kristin Milchanowski as Chief Artificial Intelligence and Data Officer

Bmo Financial Group Declares Quarterly Dividends on Common Shares, Payable on November 26, 2024

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

BMO Financial Group Launches Enhanced Premium Rewards Credit Card with Mastercard to Help Customers Make Real Financial Progress

Recent updates

Bank of Montreal Announces Board Appointments

BMO Launches PaySmart Credit Card Installment Plan Feature in the U.S

BMO Appoints Kristin Milchanowski as Chief Artificial Intelligence and Data Officer

Bmo Financial Group Declares Quarterly Dividends on Common Shares, Payable on November 26, 2024

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

BMO Financial Group Launches Enhanced Premium Rewards Credit Card with Mastercard to Help Customers Make Real Financial Progress

Bank of Montreal Declares Dividend for the Third Quarter of Fiscal Year 2024, Payable on August 27, 2024

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

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