FY2026 Earnings Estimate for TSE:BMO Issued By Cormark

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Equities researchers at Cormark issued their FY2026 EPS estimates for shares of Bank of Montreal in a research note issued to investors on Monday, November 25th. Cormark analyst L. Persaud forecasts that the bank will post earnings of $12.68 per share for the year. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last released its earnings results on Tuesday, August 27th. The bank reported C$2.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$2.72 by C($0.08). Bank of Montreal had a net margin of 21.20% and a return on equity of 8.49%. The company had revenue of C$8.19 billion for the quarter, compared to analyst estimates of C$8.23 billion.

A number of other research firms also recently issued reports on BMO. National Bankshares boosted their target price on shares of Bank of Montreal from C$127.00 to C$148.00 in a research report on Wednesday, November 20th. TD Securities boosted their price target on shares of Bank of Montreal from C$114.00 to C$131.00 in a research note on Friday, November 15th. Bank of America lowered shares of Bank of Montreal from a “buy” rating to a “neutral” rating and decreased their price target for the company from C$134.00 to C$117.00 in a research note on Wednesday, August 28th. Scotiabank boosted their price target on shares of Bank of Montreal from C$112.00 to C$147.00 in a research note on Monday. Finally, Desjardins decreased their price target on shares of Bank of Montreal from C$125.00 to C$120.00 and set a “hold” rating for the company in a research note on Wednesday, August 28th. Eight equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Bank of Montreal currently has a consensus rating of “Hold” and an average target price of C$128.50.

Bank of Montreal Stock Down 0.6 %

Bank of Montreal stock opened at C$132.83 on Tuesday. Bank of Montreal has a 12-month low of C$107.16 and a 12-month high of C$134.16. The firm’s fifty day moving average is C$126.52 and its 200 day moving average is C$121.25. The company has a market capitalization of C$96.89 billion, a PE ratio of 15.29, a PEG ratio of 0.71 and a beta of 1.16.

Insider Transactions at Bank of Montreal

In related news, Senior Officer David Robert Casper sold 12,819 shares of the stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of C$121.85, for a total transaction of C$1,562,007.97. Also, Senior Officer Steven Lloyd Tennyson sold 7,908 shares of the stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of C$112.16, for a total transaction of C$886,977.10. Company insiders own 0.03% of the company’s stock.

Bank of Montreal Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Tuesday, November 26th were paid a $1.55 dividend. The ex-dividend date of this dividend was Wednesday, October 30th. This represents a $6.20 annualized dividend and a dividend yield of 4.67%. Bank of Montreal’s payout ratio is 71.35%.

About Bank of Montreal

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.