BMO Stock Analysis: Bank of Montreal | NYSE

Banks - Diversified | NYSE, USA | Market Cap: 120.481m USD | 12M Return: 42.8% | CA0636711016 | Charts, Fundamentals & Technical Analysis

Personal Banking, Commercial Banking, Wealth Management, Capital Markets
Total Rating 49
Safety 46
Buy Signal 0.28
Banks - Diversified
Industry Rotation: +2.9
Market Cap: 120B
Avg Turnover: 140M
Risk 3d forecast
Volatility21.6%
VaR 5th Pctl3.76%
VaR vs Median5.91%
Reward TTM
Sharpe Ratio1.72
Rel. Str. IBD77.2
Rel. Str. Peer Group38.9
Character TTM
Beta0.755
Beta Downside0.481
Hurst Exponent0.500
Drawdowns 3y
Max DD17.56%
CAGR/Max DD1.89
CAGR/Mean DD7.66
EPS (Earnings per Share) EPS (Earnings per Share) of BMO over the last years for every Quarter: "2021-07": 3.44, "2021-10": 3.33, "2022-01": 3.89, "2022-04": 3.23, "2022-07": 3.09, "2022-10": 3.04, "2023-01": 3.22, "2023-04": 2.93, "2023-07": 2.78, "2023-10": 2.81, "2024-01": 2.56, "2024-04": 1.9, "2024-07": 2.64, "2024-10": 1.9, "2025-01": 3.04, "2025-04": 2.5, "2025-07": 3.23, "2025-10": 2.97, "2026-01": 3.48, "2026-04": 3.67, "2026-07": 2.84,
EPS CAGR: 8.04%
EPS Trend: 55.6%
Last SUE: 0.40
Qual. Beats: 0
Revenue Revenue of BMO over the last years for every Quarter: 2021-07: 8869, 2021-10: 7780, 2022-01: 8311, 2022-04: 7326, 2022-07: 9792, 2022-10: 11842, 2023-01: 14397, 2023-04: 16698, 2023-07: 17973, 2023-10: 18981, 2024-01: 18781, 2024-04: 19570, 2024-07: 20463, 2024-10: 19744, 2025-01: 20442, 2025-04: 19238, 2025-07: 19189, 2025-10: 19280, 2026-01: 19319, 2026-04: 19283, 2026-07: 20290.886215,
Rev. CAGR: 3.22%
Rev. Trend: 61.4%
Last SUE: 0.68
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

Confidence

Seasonality 11.6 years of data

Jan +1.3% 22
Feb -1.1% 8
Mar -1.9% 18
Apr +1.0% 5
May -0.1% 2
Jun +0.8% 17
Jul +1.9% 20
Aug -1.2% 2
Sep -1.6% 14
Oct -0.1% 0
Nov +1.7% 15
Dec +1.2% 15

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: BMO Bank of Montreal

Bank of Montreal (NYSE: BMO) is a diversified financial services company headquartered in Montreal, Canada, founded in 1817. It is one of Canadas largest banks and operates primarily across North America through four main segments: Canadian Personal and Commercial Banking, U.S. Banking, Wealth Management, and Capital Markets.

The company delivers a broad range of banking, lending, investment, insurance, and capital markets services to retail, commercial, institutional, and high-net-worth clients. Its business model spans retail deposits and mortgages, commercial financing, wealth and asset management, life insurance and annuities, as well as investment banking, trading, and risk management solutions, placing it within the GICS Diversified Banks sub-industry alongside other globally active financial institutions.

Headlines to Watch Out For
  • Net interest margin compresses as Bank of Canada cuts rates
  • U.S. Banking segment loan growth drives revenue higher
  • Wealth Management fees expand on rising AUM
Piotroski VR-10 (Strict) 3.0
Net Income: 9.15b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.53 > 1.0
NWC/Revenue: -73.12% < 20% (prev -1.10k%; Δ 1.03k% < -1%)
CFO/TA 0.01 > 3% & CFO 10.6b > Net Income 9.15b
Net Debt (96.6b) to EBITDA (14.6b): 6.64 < 3
Current Ratio: 0.56 > 1.5 & < 3
Outstanding Shares: last quarter (500.2m) vs 12m ago -30.60% < -2%
Gross Margin: 45.66% > 18% (prev 39.15%; Δ 6.52% > 0.5%)
Asset Turnover: 5.26% > 50% (prev 5.49%; Δ -0.23% > 0%)
Interest Coverage Ratio: 0.31 > 6 (EBIT TTM 12.4b / Interest Expense TTM 39.5b)
Altman Z'' -0.02
A: -0.04 (Total Current Assets 74.1b - Total Current Liabilities 131b) / Total Assets 1539b
B: 0.03 (Retained Earnings 47.8b / Total Assets 1539b)
C: 0.01 (EBIT TTM 12.4b / Avg Total Assets 1486b)
D: 0.06 (Book Value of Equity 86.6b / Total Liabilities 1453b)
Altman-Z'' = -0.02 = B
What is the price of BMO shares?

As of September 09, 2026, the stock is trading at USD 175.40 with a total of 543,900 shares traded. Over the past week, the price has changed by +2.06%, over one month by -3.39%, over three months by +7.33% and over the past year by +42.80%.

Current recommended Stop Loss: 170.60 (which is 2.7% or 1.4 ATR below the current price).

Is BMO a buy, sell or hold?

Bank of Montreal has received a consensus analysts rating of 3.29. Therefore, it is recommended to hold BMO.

  • StrongBuy: 3
  • Buy: 1
  • Hold: 7
  • Sell: 3
  • StrongSell: 0

What are the forecasts/targets for the BMO price?
Analysts Target Price 171.7 -2.1%
Bank of Montreal (BMO) - Fundamental Data Overview as of 04 September 2026
Market Cap USD = 120b (120b USD * 1.0 USD.USD)
Market Cap CAD = 166b (120b USD * 1.3806 USD.CAD)
P/E Trailing = 19.0751
P/E Forward = 14.1443
P/S = 3.378
P/B = 1.9193
P/EG = 1.8555
Revenue TTM = 78.2b CAD
EBIT TTM = 12.4b CAD
EBITDA TTM = 14.6b CAD
Long Term Debt = 59.1b CAD (from longTermDebt, last fiscal year)
Short Term Debt = 131b CAD (from shortTermDebt, last quarter)
Debt = 171b CAD (from shortLongTermDebtTotal, last quarter) + Leases 3.31b
Net Debt = 96.6b CAD (calculated: Debt 171b - CCE 74.1b)
Enterprise Value = 263b CAD (166b + Debt 171b - CCE 74.1b)
Interest Coverage Ratio = 0.31 (Ebit TTM 12.4b / Interest Expense TTM 39.5b)
EV/FCF = 30.27x (Enterprise Value 263b / FCF TTM 8.69b)
FCF Yield = 3.30% (FCF TTM 8.69b / Enterprise Value 263b)
FCF Margin = 11.11% (FCF TTM 8.69b / Revenue TTM 78.2b)
Net Margin = 11.71% (Net Income TTM 9.15b / Revenue TTM 78.2b)
Gross Margin = 45.66% ((Revenue TTM 78.2b - Cost of Revenue TTM 42.5b) / Revenue TTM)
Gross Margin QoQ = 46.05% (prev 45.63%)
Tobins Q-Ratio = 0.17 (Enterprise Value 263b / Total Assets 1539b)
Interest Expense / Debt = 23.14% (Interest Expense 39.5b / Debt 171b)
Taxrate = 25.84% (3.19b / 12.3b)
NOPAT = 9.18b (EBIT 12.4b * (1 - 25.84%))
Current Ratio = 0.56 (Total Current Assets 74.1b / Total Current Liabilities 131b)
Debt / Equity = 1.97 (Debt 171b / totalStockholderEquity, last quarter 86.6b)
Debt / EBITDA = 6.64 (Net Debt 96.6b / EBITDA 14.6b)
Debt / FCF = 11.12 (Net Debt 96.6b / FCF TTM 8.69b)
Total Stockholder Equity = 86.5b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.62% (Net Income 9.15b / Total Assets 1539b)
RoE = 10.59% (Net Income TTM 9.15b / Total Stockholder Equity 86.5b)
RoCE = 8.50% (EBIT 12.4b / Capital Employed (Equity 86.5b + L.T.Debt 59.1b))
RoIC = 0.60% (NOPAT 9.18b / Invested Capital 1536b)
WACC = 12.96% (E(166b)/V(337b) * Re(8.64%) + D(171b)/V(337b) * Rd(23.14%) * (1-Tc(0.26)))
Discount Rate = 8.64% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -59.95 | Cagr: -15.43%
[DCF] Terminal Value 64.56% ; FCFF base≈5.42b ; Y1≈6.21b ; Y5≈9.14b
 [DCF] Fair Price = N/A (negative equity: EV 75.5b - Net Debt 96.6b = -21.1b; debt exceeds intrinsic value)
 EPS Correlation: 55.60 | EPS CAGR: 8.04% | SUE: 0.40 | # QB: 0
Revenue Correlation: 61.41 | Revenue CAGR: 3.22% | SUE: 0.68 | # QB: 0
EPS current Quarter (2027-01-31): EPS=3.97 | Chg30d=+0.29% | Revisions=+38% | Analysts=7
EPS current Year (2026-10-31): EPS=14.74 | Chg30d=+1.63% | Revisions=+40% | GrowthEPS=+21.2% | GrowthRev=+8.2%
EPS next Year (2027-10-31): EPS=16.46 | Chg30d=+1.00% | Revisions=+40% | GrowthEPS=+11.7% | GrowthRev=+4.7%
[Analyst] Revisions Ratio: +58% (up=8, down=1)