BMO FY2026 EPS Forecast Boosted by National Bank Financial

Bank Of Montreal (NYSE:BMO) (TSE:BMO) – Equities research analysts at National Bank Financial boosted their FY2026 EPS estimates for shares of Bank Of Montreal in a research report issued to clients and investors on Thursday, August 14th. National Bank Financial analyst G. Dechaine now expects that the bank will post earnings of $9.35 per share for the year, up from their prior estimate of $9.28. The consensus estimate for Bank Of Montreal’s current full-year earnings is $7.71 per share.

Bank Of Montreal (NYSE:BMO) (TSE:BMO) last released its quarterly earnings results on Wednesday, May 28th. The bank reported $1.84 earnings per share for the quarter, hitting the consensus estimate of $1.84. The firm had revenue of $6.32 billion for the quarter, compared to analysts’ expectations of $8.79 billion. Bank Of Montreal had a net margin of 10.25% and a return on equity of 10.15%. The business’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.59 earnings per share.

Several other research analysts have also recently weighed in on BMO. Barclays cut shares of Bank Of Montreal from an “overweight” rating to an “equal weight” rating in a report on Monday, June 9th. National Bankshares reaffirmed an “outperform” rating on shares of Bank Of Montreal in a report on Friday. CIBC reaffirmed a “neutral” rating on shares of Bank Of Montreal in a report on Tuesday, May 20th. Scotiabank began coverage on shares of Bank Of Montreal in a report on Thursday, May 15th. They set a “sector perform” rating for the company. Finally, Wall Street Zen raised shares of Bank Of Montreal from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Eight equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $129.50.

Bank Of Montreal Trading Down 0.3%

Bank Of Montreal stock opened at $113.08 on Monday. The stock has a market cap of $81.01 billion, a P/E ratio of 14.67, a PEG ratio of 1.26 and a beta of 1.07. Bank Of Montreal has a fifty-two week low of $81.13 and a fifty-two week high of $115.66. The firm’s fifty day moving average price is $111.37 and its 200-day moving average price is $103.15. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.00 and a current ratio of 1.00.

Institutional Trading of Bank Of Montreal

Hedge funds have recently added to or reduced their stakes in the business. WFA of San Diego LLC bought a new stake in Bank Of Montreal in the second quarter worth $28,000. Cary Street Partners Investment Advisory LLC lifted its stake in Bank Of Montreal by 228.9% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 273 shares of the bank’s stock worth $26,000 after purchasing an additional 190 shares during the last quarter. Princeton Global Asset Management LLC lifted its stake in Bank Of Montreal by 40.0% in the second quarter. Princeton Global Asset Management LLC now owns 350 shares of the bank’s stock worth $39,000 after purchasing an additional 100 shares during the last quarter. Harbor Asset Planning Inc. bought a new stake in Bank Of Montreal in the second quarter worth $39,000. Finally, Bayforest Capital Ltd bought a new stake in Bank Of Montreal in the first quarter worth $34,000. 45.82% of the stock is owned by institutional investors.

Bank Of Montreal Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 26th. Shareholders of record on Wednesday, July 30th will be paid a $1.1801 dividend. This is a boost from Bank Of Montreal’s previous quarterly dividend of $1.11. This represents a $4.72 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Wednesday, July 30th. Bank Of Montreal’s payout ratio is presently 62.13%.

Bank Of Montreal Company Profile

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.