| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
BMO Stock Overview
Bank of Montreal provides diversified financial services primarily in North America.
Rewards
Risk Analysis
No risks detected for BMO from our risk checks.
Bank of Montreal Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$149.85 |
| 52 Week High | CA$149.99 |
| 52 Week Low | CA$94.90 |
| Beta | 1.17 |
| 1 Month Change | 11.74% |
| 3 Month Change | 12.36% |
| 1 Year Change | 48.03% |
| 3 Year Change | 54.87% |
| 5 Year Change | 51.59% |
| Change since IPO | 1,744.31% |
Recent News & Updates
Bank of Montreal (TSE:BMO) Has Announced That It Will Be Increasing Its Dividend To CA$1.33
Bank of Montreal's ( TSE:BMO ) dividend will be increasing to CA$1.33 on 28th of February. This takes the annual...
Bank of Montreal's (TSE:BMO) Dividend Will Be Increased To CA$1.33
Bank of Montreal ( TSE:BMO ) will increase its dividend on the 28th of February to CA$1.33. This makes the dividend...
Shareholder Returns
| BMO | CA Banks | CA Market | |
|---|---|---|---|
| 7D | 4.8% | 4.4% | 2.4% |
| 1Y | 48.0% | 39.2% | 19.9% |
Return vs Industry: BMO exceeded the Canadian Banks industry which returned 37.6% over the past year.
Return vs Market: BMO exceeded the Canadian Market which returned 19.1% over the past year.
Price Volatility
| BMO volatility | |
|---|---|
| BMO Average Weekly Movement | 2.5% |
| Banks Industry Average Movement | 2.5% |
| Market Average Movement | 9.7% |
| 10% most volatile stocks in CA Market | 17.6% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: BMO is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BMO's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1817 | 43,863 | William White | https://www.bmo.com |
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 and commercial banking customers. It also offers investment and wealth advisory services; digital investing services; financial services and solutions; and investment management, and trust and custody services.
Bank of Montreal Fundamentals Summary
| BMO fundamental statistics | |
|---|---|
| Market Cap | CA$97.15b |
| Earnings (TTM) | CA$7.51b |
| Revenue (TTM) | CA$27.06b |
12.9x
P/E Ratio1.8x
P/B RatioIs BMO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BMO income statement (TTM) | |
|---|---|
| Revenue | CA$27.06b |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$27.06b |
| Expenses | CA$19.55b |
| Earnings | CA$7.51b |
Last Reported Earnings
Oct 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 11.58 |
| Gross Margin | 100.00% |
| Net Profit Margin | 27.75% |
| Debt/Equity Ratio | 344.3% |
How did BMO perform over the long term?
See historical performance and comparisonDividends
3.6%
Current Dividend Yield37%
Payout RatioDoes BMO pay a reliable dividends?
See BMO dividend history and benchmarks| Bank of Montreal dividend dates | |
|---|---|
| Ex Dividend Date | Jan 31 2022 |
| Dividend Pay Date | Feb 28 2022 |
| Days until Ex dividend | 13 days |
| Days until Dividend pay date | 41 days |
Does BMO pay a reliable dividends?
See BMO dividend history and benchmarksValuation
Is Bank of Montreal undervalued compared to its fair value and its price relative to the market?
32.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BMO (CA$149.85) is trading below our estimate of fair value (CA$222.13)
Significantly Below Fair Value: BMO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BMO is poor value based on its PE Ratio (12.9x) compared to the Canadian Banks industry average (12.8x).
PE vs Market: BMO is good value based on its PE Ratio (12.9x) compared to the Canadian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: BMO is poor value based on its PEG Ratio (5.7x)
Price to Book Ratio
PB vs Industry: BMO's PB Ratio (1.8x) is in line with the CA Banks industry average.
Future Growth
How is Bank of Montreal forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
2.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BMO's forecast earnings growth (2.3% per year) is above the savings rate (1.6%).
Earnings vs Market: BMO's earnings (2.3% per year) are forecast to grow slower than the Canadian market (11% per year).
High Growth Earnings: BMO's earnings are forecast to grow, but not significantly.
Revenue vs Market: BMO's revenue (2.2% per year) is forecast to grow slower than the Canadian market (5.5% per year).
High Growth Revenue: BMO's revenue (2.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BMO's Return on Equity is forecast to be low in 3 years time (13.2%).
Past Performance
How has Bank of Montreal performed over the past 5 years?
5.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BMO has high quality earnings.
Growing Profit Margin: BMO's current net profit margins (27.8%) are higher than last year (21.8%).
Past Earnings Growth Analysis
Earnings Trend: BMO's earnings have grown by 5.4% per year over the past 5 years.
Accelerating Growth: BMO's earnings growth over the past year (54.8%) exceeds its 5-year average (5.4% per year).
Earnings vs Industry: BMO earnings growth over the past year (54.8%) exceeded the Banks industry 41.4%.
Return on Equity
High ROE: BMO's Return on Equity (13.5%) is considered low.
Financial Health
How is Bank of Montreal's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BMO's Assets to Equity ratio (17.2x) is moderate.
Allowance for Bad Loans: BMO has a sufficient allowance for bad loans (118%).
Low Risk Liabilities: 70% of BMO's liabilities are made up of primarily low risk sources of funding.
Loan Level: BMO has an appropriate level of Loans to Assets ratio (46%).
Low Risk Deposits: BMO's Loans to Deposits ratio (71%) is appropriate.
Level of Bad Loans: BMO has an appropriate level of bad loans (0.5%).
Dividend
What is Bank of Montreal current dividend yield, its reliability and sustainability?
3.55%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BMO's dividend (3.55%) is higher than the bottom 25% of dividend payers in the Canadian market (1.59%).
High Dividend: BMO's dividend (3.55%) is low compared to the top 25% of dividend payers in the Canadian market (4.6%).
Stability and Growth of Payments
Stable Dividend: BMO's dividends per share have been stable in the past 10 years.
Growing Dividend: BMO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.5%), BMO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BMO's dividends in 3 years are forecast to be well covered by earnings (43% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.9yrs
Average management tenure
CEO
William White (49 yo)
4.17yrs
Tenure
CA$11,086,920
Compensation
Mr. William Darryl White is Chief Executive Officer of Bank of Montreal in November 1, 2017. He serves as a Director of Bank of Montreal since May 24, 2017, as well as its U.S. subsidiary, BMO Financial Co...
CEO Compensation Analysis
Compensation vs Market: William's total compensation ($USD8.86M) is above average for companies of similar size in the Canadian market ($USD5.90M).
Compensation vs Earnings: William's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BMO's management team is considered experienced (2.9 years average tenure).
Board Members
Experienced Board: BMO's board of directors are considered experienced (6.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Bank of Montreal's employee growth, exchange listings and data sources
Key Information
- Name: Bank of Montreal
- Ticker: BMO
- Exchange: TSX
- Founded: 1817
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: CA$97.146b
- Shares outstanding: 648.29m
- Website: https://www.bmo.com
Number of Employees
Location
- Bank of Montreal
- 129 rue Saint Jacques
- Montreal
- Quebec
- H2Y 1L6
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/18 01:05 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/10/31 |
| Annual Earnings | 2021/10/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.