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Bank of Montreal BMO

Morningstar Rating
$87.09 +0.31 (0.36%)
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Company Report

Credit Costs Are Rising in 2024, but Bank of Montreal Is Well Positioned

Bank of Montreal is the fourth-largest bank in Canada and one of six Canadian banks that collectively hold almost 90% of the nation's banking deposits. The bank derives roughly 60% of its revenue from Canada and 30% from the United States. BMO has a well-established Canadian banking presence, an established US retail operation in the Midwest, and growing commercial and capital markets capabilities. It is also the second-largest asset manager among the Canadian banks as well as the second-largest ETF provider in Canada.

Price vs Fair Value

BMO is trading within a range we consider fairly valued.
Price
$86.75
Fair Value
$74.00
Uncertainty
Low
1-Star Price
$862.97
5-Star Price
$23.60
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Growth and opportunities in the bank's US markets will outweigh any slowdown in its native Canada as US subsidiaries gain market share.

Bears

The housing market in Canada is starting to heat up again, increasing potential risks for the economy and the banking sector.

Is it the right time to buy, sell, or hold?
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News

Trading Information

Previous Close Price
$86.78
Day Range
$86.1287.10
52-Week Range
$73.99100.11
Bid/Ask
$87.05 / $87.09
Market Cap
$63.49 Bil
Volume/Avg
260,203 / 926,285

Key Statistics

Price/Earnings (Normalized)
10.91
Price/Sales
2.66
Dividend Yield (Trailing)
5.06%
Dividend Yield (Forward)
5.22%
Total Yield
5.06%

Company Profile

Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, US P&C banking, wealth management, and capital markets. The bank's operations are primarily in Canada, with a material portion also in the U.S.
Sector
Financial Services
Industry
Banks - Diversified
Stock Style Box
Large Value
Total Number of Employees
55,767

Competitors

Valuation

Metric
BMO
CM
RY
Price/Earnings (Normalized)
10.9110.1512.95
Price/Book Value
1.211.281.93
Price/Sales
2.662.613.84
Price/Cash Flow
8.815.6710.66
Price/Earnings
BMO
CM
RY

Financial Strength

Metric
BMO
CM
RY
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
BMO
CM
RY
Return on Assets (Normalized)
0.61%0.68%0.81%
Return on Equity (Normalized)
11.33%13.75%14.81%
Return on Invested Capital (Normalized)
Return on Assets
BMO
CM
RY
See how this stock stacks up to its competitors with Morningstar Investor

Banks - Diversified Industry Comparables

1-Day Chart
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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RY
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MUFG
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C
DrkhfhcWskff$123.8 Bil
The Toronto-Dominion Bank
TD
PxkzvghgjRxqrp$102.5 Bil
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MscQghgh$76.0 Bil

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