BMO : Bank of Montreal Stock Profile

Last Updated: 3/12/2024 0:47:16

Bank of Montreal trades with the ticker BMO on the TSX and is in the Banks – Diversified industry.

Overview
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. It also offers investing, banking, and wealth management advisory; digital investing services; financial solutions for individuals, families, and businesses; provides 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. The company was founded in 1817 and is headquartered in Montreal, Canada.
 

Looking to invest in Bank of Montreal? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

BMO.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $92066.095MM

PE Ratio: 17.457

Price: 94.43 (Updated: 3/12/2024 0:47:16)



Bank of Montreal (BMO) vs Competitors in Banks – Diversified

Lets see how BMO.TO stacks up against others in the Banks – Diversified asset management industry. We have identified its main peers as:

The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Toronto-Dominion Bank, Royal Bank of Canada

.

Banks – Diversified Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Bank of Montreal (BMO) $92,066.095 17.457 0.0 4.8%
The Bank of Nova Scotia (BNS) $82,286.019 11.02 0.0 6.3%
Canadian Imperial Bank of Commerce (CM) $62,618.808 10.216 0.0 5.4%
Royal Bank of Canada (RY) $189,432.988 12.44 0.0 4.1%
The Toronto-Dominion Bank (TD) $144,213.492 12.856 0.0 5.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Banks – Diversified

  • Bank of Montreal (BMO) vs The Bank of Nova Scotia (BNS)
    • BMO has higher EPS (7.27 vs 6.11). BNS has higher dividend yield (6.3% vs 4.8%). BMO has a higher P/E ratio (17.457 vs 11.02) indicating it’s more expensive.
  • Bank of Montreal (BMO) vs Canadian Imperial Bank of Commerce (CM)
    • BMO has higher EPS (7.27 vs 6.54). CM has higher dividend yield (5.4% vs 4.8%). BMO has a higher P/E ratio (17.457 vs 10.216) indicating it’s more expensive.
  • Bank of Montreal (BMO) vs Royal Bank of Canada (RY)
    • RY has higher EPS (10.77 vs 7.27). BMO has higher dividend yield (4.8% vs 4.1%). BMO has a higher P/E ratio (17.457 vs 12.44) indicating it’s more expensive.
  • Bank of Montreal (BMO) vs The Toronto-Dominion Bank (TD)
    • BMO has higher EPS (7.27 vs 6.33). TD has higher dividend yield (5.0% vs 4.8%). BMO has a higher P/E ratio (17.457 vs 12.856) indicating it’s more expensive.
  • Bank of Montreal (BMO) vs Royal Bank of Canada (RY)
    • RY has higher EPS (10.77 vs 7.27). BMO has higher dividend yield (4.8% vs 4.1%). BMO has a higher P/E ratio (17.457 vs 12.44) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy BMO stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 
Photo of author
Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

Check Out These Posts:

Leave a Comment