Bank Of Montreal Stock Today

BMO Stock  USD 96.38  0.41  0.43%   

Performance

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Odds Of Distress

Less than 6

 
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Bank Of Montreal is selling at 96.38 as of the 28th of March 2024; that is 0.43 percent up since the beginning of the trading day. The stock's open price was 95.97. Bank Of Montreal has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Bank Of Montreal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Banks
IPO Date
27th of October 1994
Category
Financial Services
Classification
Financials
Bank of Montreal provides diversified financial services primarily in North America. Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada. Bank Of Montreal is traded on New York Stock Exchange in the United States. The company has 725.44 M outstanding shares of which 6.73 M shares are currently shorted by investors with about 7.99 days to cover. More on Bank Of Montreal

Moving together with Bank Stock

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Moving against Bank Stock

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  0.48BAC-PB Bank Of AmericaPairCorr
  0.41JPM-PK JPMorgan ChasePairCorr

Bank Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bank Of Montreal's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bank Of Montreal or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Bank Of Montreal's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bank Of Montreal's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEODarryl White
Old Names[Moninger Holding AG, Moninger Holding AG]
Business ConcentrationDiversified Banks, Banks - Diversified, Financial Services, NYSE Composite, SP TSX Composite, Thomson Reuters Canada, Financials, Banks, Banks—Diversified, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Bank Of Montreal report their recommendations after researching Bank Of Montreal's financial statements, talking to executives and customers, or listening in on Bank Of Montreal's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Bank Of Montreal. The Bank consensus assessment is calculated by taking the average forecast from all of the analysts covering Bank Of Montreal.
Financial Strength
Based on the analysis of Bank Of Montreal's profitability, liquidity, and operating efficiency, Bank Of Montreal may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Bank Of Montreal is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00550.003
Way Up
Pretty Stable
Asset Turnover0.03330.0294
Moderately Up
Slightly volatile
Total Current Liabilities154.9 B147.5 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total169.3 B161.2 B
Sufficiently Up
Slightly volatile
Total Assets626.6 B1.1 T
Way Down
Slightly volatile
Total Current Assets90.6 B145 B
Way Down
Slightly volatile
Bank Of Montreal's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Bank Of Montreal's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Bank Of Montreal's financial leverage. It provides some insight into what part of Bank Of Montreal's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Bank Of Montreal's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Bank Of Montreal deploys its capital and how much of that capital is borrowed.
Liquidity
Bank Of Montreal cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 248.74 B in debt with debt to equity (D/E) ratio of 15.26, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Debt can assist Bank Of Montreal until it has trouble settling it off, either with new capital or with free cash flow. So, Bank Of Montreal's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bank Of Montreal sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bank to invest in growth at high rates of return. When we think about Bank Of Montreal's use of debt, we should always consider it together with cash and equity.

Depreciation

2.53 Billion
Bank Of Montreal (BMO) is traded on New York Stock Exchange in USA. It is located in 129 rue Saint-Jacques, Montreal, QC, Canada, H2Y 1L6 and employs 55,767 people. Bank Of Montreal is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 69.92 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bank Of Montreal's market, we take the total number of its shares issued and multiply it by Bank Of Montreal's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Bank Of Montreal runs under Banks sector within Financials industry. The entity has 725.44 M outstanding shares of which 6.73 M shares are currently shorted by investors with about 7.99 days to cover. Bank Of Montreal has about 335.16 B in cash with 9.59 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 497.0.
Check Bank Of Montreal Probability Of Bankruptcy
Ownership Allocation
Bank Of Montreal retains a total of 725.44 Million outstanding shares. Over half of Bank Of Montreal's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Bank Of Montreal. Please watch out for any change in the institutional holdings of Bank Of Montreal as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Bank Ownership Details

Bank Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Bank Of Montreal jumping above the current price in 90 days from now is about 15.27%. The Bank Of Montreal probability density function shows the probability of Bank Of Montreal stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2999 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Bank Of Montreal will likely underperform. Additionally, bank Of Montreal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 96.38HorizonTargetOdds Above 96.38
84.43%90 days
 96.38 
15.27%
Based on a normal probability distribution, the odds of Bank Of Montreal to move above the current price in 90 days from now is about 15.27 (This Bank Of Montreal probability density function shows the probability of Bank Stock to fall within a particular range of prices over 90 days) .

Bank Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Bank Of Montreal that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Bank Of Montreal's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Bank Of Montreal's value.
InstituionRecorded OnShares
Norges Bank2023-12-31
8.2 M
Beutel, Goodman & Company Ltd.2023-12-31
5.8 M
1832 Asset Management L.p2023-12-31
5.7 M
Caisse De Depot Et Placement Du Quebec2023-12-31
5.6 M
Manufacturers Life Insurance Co2023-12-31
5.5 M
Goldman Sachs Group Inc2023-12-31
5.5 M
Legal & General Group Plc2023-12-31
5.4 M
Connor Clark & Lunn Inv Mgmt Ltd2023-12-31
M
Bank Of America Corp2023-12-31
3.6 M
Royal Bank Of Canada2023-12-31
66.2 M
Vanguard Group Inc2023-12-31
28.1 M
View Bank Of Montreal Diagnostics

Bank Of Montreal Historical Income Statement

Bank Of Montreal Income Statement is one of the three primary financial statements used for reporting Bank's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Bank Of Montreal revenue and expense. Bank Of Montreal Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Bank Of Montreal's Total Other Income Expense Net is very stable compared to the past year. As of the 28th of March 2024, Tax Provision is likely to grow to about 2 B, while Interest Expense is likely to drop 0.00. View More Fundamentals

Bank Stock Against Markets

Picking the right benchmark for Bank Of Montreal stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Bank Of Montreal stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Bank Of Montreal is critical whether you are bullish or bearish towards Bank Of Montreal at a given time. Please also check how Bank Of Montreal's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Bank Of Montreal without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Bank Of Montreal Corporate Directors

Bank Of Montreal corporate directors refer to members of a Bank Of Montreal board of directors. The board of directors generally takes responsibility for the Bank Of Montreal's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Bank Of Montreal's board members must vote for the resolution. The Bank Of Montreal board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Martin EichenbaumIndependent DirectorProfile
Don WilsonIndependent DirectorProfile
David HarquailIndependent DirectorProfile
Madhu RanganathanIndependent DirectorProfile

How to buy Bank Stock?

Before investing in Bank Of Montreal, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Bank Of Montreal. To buy Bank Of Montreal stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Bank Of Montreal. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Bank Of Montreal stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Bank Of Montreal stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Bank Of Montreal stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Bank Of Montreal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Bank Stock please use our How to Invest in Bank Of Montreal guide.

Already Invested in Bank Of Montreal?

The danger of trading Bank Of Montreal is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Bank Of Montreal is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Bank Of Montreal. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bank Of Montreal is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Bank Of Montreal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank Of Montreal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of Montreal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of Montreal Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Of Montreal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Bank Stock, please use our How to Invest in Bank Of Montreal guide.
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When running Bank Of Montreal's price analysis, check to measure Bank Of Montreal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank Of Montreal is operating at the current time. Most of Bank Of Montreal's value examination focuses on studying past and present price action to predict the probability of Bank Of Montreal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Of Montreal's price. Additionally, you may evaluate how the addition of Bank Of Montreal to your portfolios can decrease your overall portfolio volatility.
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Is Bank Of Montreal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank Of Montreal. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank Of Montreal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
11.567
Dividend Share
5.88
Earnings Share
5.35
Revenue Per Share
43.463
Quarterly Revenue Growth
0.443
The market value of Bank Of Montreal is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank Of Montreal's value that differs from its market value or its book value, called intrinsic value, which is Bank Of Montreal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank Of Montreal's market value can be influenced by many factors that don't directly affect Bank Of Montreal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank Of Montreal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank Of Montreal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank Of Montreal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.