Research Analysts Offer Predictions for BMO FY2025 Earnings

Bank of Montreal (NYSE:BMO) (TSE:BMO) – Equities research analysts at Cormark boosted their FY2025 EPS estimates for shares of Bank of Montreal in a research note issued to investors on Wednesday, February 26th. Cormark analyst L. Persaud now forecasts that the bank will earn $8.27 per share for the year, up from their prior estimate of $7.71. The consensus estimate for Bank of Montreal’s current full-year earnings is $7.71 per share. Cormark also issued estimates for Bank of Montreal’s FY2026 earnings at $9.38 EPS.

A number of other equities research analysts have also issued reports on BMO. Cibc World Mkts upgraded shares of Bank of Montreal from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 6th. Royal Bank of Canada increased their price objective on shares of Bank of Montreal from $161.00 to $163.00 and gave the stock an “outperform” rating in a research note on Wednesday. Scotiabank upgraded shares of Bank of Montreal from a “sector perform” rating to a “sector outperform” rating in a research note on Friday, December 6th. StockNews.com upgraded shares of Bank of Montreal from a “sell” rating to a “hold” rating in a research note on Friday. Finally, CIBC upgraded shares of Bank of Montreal from a “neutral” rating to a “sector outperform” rating in a research note on Friday, December 6th. Seven research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $128.40.

Bank of Montreal Stock Performance

Shares of Bank of Montreal stock opened at $102.71 on Friday. The firm has a market cap of $74.86 billion, a PE ratio of 14.71, a price-to-earnings-growth ratio of 1.43 and a beta of 1.09. The firm’s 50-day simple moving average is $99.21 and its 200-day simple moving average is $94.05. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.98 and a current ratio of 0.98. Bank of Montreal has a 1 year low of $76.98 and a 1 year high of $106.00.

Bank of Montreal (NYSE:BMO) (TSE:BMO) last issued its earnings results on Tuesday, February 25th. The bank reported $3.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $1.36. The business had revenue of $9.27 billion for the quarter, compared to analyst estimates of $8.58 billion. Bank of Montreal had a net margin of 9.22% and a return on equity of 10.18%. The company’s revenue for the quarter was up 20.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.56 EPS.

Bank of Montreal Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Tuesday, April 29th will be given a $1.1094 dividend. This represents a $4.44 annualized dividend and a yield of 4.32%. The ex-dividend date is Tuesday, April 29th. Bank of Montreal’s dividend payout ratio (DPR) is 56.83%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. North Star Asset Management Inc. grew its position in Bank of Montreal by 1.2% in the 4th quarter. North Star Asset Management Inc. now owns 8,422 shares of the bank’s stock worth $817,000 after purchasing an additional 100 shares during the last quarter. Passumpsic Savings Bank grew its position in Bank of Montreal by 2.1% in the 3rd quarter. Passumpsic Savings Bank now owns 5,142 shares of the bank’s stock worth $464,000 after purchasing an additional 105 shares during the last quarter. D.A. Davidson & CO. grew its position in Bank of Montreal by 1.3% in the 3rd quarter. D.A. Davidson & CO. now owns 8,602 shares of the bank’s stock worth $776,000 after purchasing an additional 113 shares during the last quarter. Valeo Financial Advisors LLC grew its position in Bank of Montreal by 4.6% in the 4th quarter. Valeo Financial Advisors LLC now owns 2,865 shares of the bank’s stock worth $278,000 after purchasing an additional 125 shares during the last quarter. Finally, Wealthspire Advisors LLC boosted its holdings in shares of Bank of Montreal by 2.0% in the fourth quarter. Wealthspire Advisors LLC now owns 6,355 shares of the bank’s stock valued at $617,000 after acquiring an additional 125 shares in the last quarter. Institutional investors own 45.82% of the company’s stock.

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.