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174.13 USD
P/E
19.08
EPS
9.16
Yield
2.63%
Safety Score
87
P/B
2.07
ROE
11.37
Beta
1.16
Target Price
155.75 USD
Bank of Montreal logo

Bank of Montreal

🧾 Earnings Recap – Q3 2025

BMO Financial Group reported a record net income of $2.4 billion in Q3 2025, reflecting a robust 22% growth in earnings per share driven by strong operating performance and disciplined capital management.

  • Earnings per share rose 22% to $3.23, achieving the highest quarterly net income on record.
  • The CET1 ratio remained strong at 13.5%, while year-to-date revenue and pre-provision pretax earnings grew by 12% and 19%, respectively.
  • Organizational restructuring aims to enhance synergies and service in the U.S. banking sector, led by experienced leadership from Aron Levine.
  • Significant growth in Canadian Personal Banking with checking account growth nearly double the industry benchmark and the successful launch of the BMO preferred program for investors.
  • Strategic acquisition of Burgundy Asset Management set to expand BMO's wealth management capabilities further.
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Key Metrics
Earnings dateAug. 25, 2026
P/E19.08
EPS9.16
Book Value84.41
Price to Book2.07
% Insiders0.034%
Growth
Revenue Growth0.16%
Earnings Growth0.41%
Estimates
Forward P/E15.25
Forward EPS11.46
Target Mean Price155.75
Dividend
Dividend Yield2.63%
Annual dividends6.60 USD
Ex-Div. DateJuly 30, 2026
Payout52.43%
5y avg Yield4.40%

DCF Valuation

Tweak assumptions to recompute fair value for Bank of Montreal (BMO)
Currency: USD
DCF Assumptions
Decimal (e.g., 0.10 = 10%). Range allows declines (−50%) to strong growth (+50%).
Decimal (e.g., 0.30 = 30%).
Decimal (e.g., 0.04 = 4%).
Decimal (e.g., 0.20 = 20%).
Percent number (e.g., 3 = 3%).
Percent number (e.g., 10 = 10%).
Percent number (e.g., 5 = 5%).
DCF Result

Fair Value (DCF)
Current Price
Upside
WACC
Terminal PV
Σ PV of FCFs
Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

Bank of Montreal Logo Bank of Montreal Analysis (BMO)

Canada Financials Official Website Stock

Is Bank of Montreal a good investment? Bank of Montreal (BMO) is currently trading at 174.13 USD. Market analysts have a consensus price target of 155.75 USD. This suggests the asset is currently trading above analyst expectations.

In terms of valuation, the stock trades at a P/E ratio of 19.08. This valuation is generally in line with the broader market.

Earnings Schedule: Bank of Montreal is expected to release its next earnings report on Aug. 25, 2026. The market consensus estimate for Forward EPS is 11.46.

For income investors, Bank of Montreal pays a dividend yield of 2.63%. With a payout ratio of 52%, the dividend appears sustainable.

Investor FAQ

Does Bank of Montreal pay a dividend?

Yes, it pays an annual dividend of 6.60 USD (2.63% yield).

What asset class is Bank of Montreal?

Bank of Montreal is classified as a Stock. You can compare it against 10 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be Aug. 25, 2026. The company currently has a trailing EPS of 9.16.

Company Profile

Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian Personal and Commercial Banking; U.S. Banking; Wealth Management; and Capital Markets segments. The company offers checking accounts, savings, money markets and certificates of deposits, debit cards, overdrafts, digital banking, credit cards, loans, mortgages, investment and retirement options, 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. It also offers investing, banking, and wealth management advisory; digital investing services; financial solutions for individuals, families, and businesses; offers investment management services to institutional, retail, and high net worth investors; and diversified insurance, and wealth and pension de-risking solutions. In addition, the company provides individual life, critical illness and annuity products, as well as segregated funds, and group creditor and travel insurance to customers; debt and equity capital-raising, loan origination and syndication, balance sheet management, treasury management, mergers and acquisitions advice, restructurings and recapitalizations, trade finance, and risk mitigation services, as well as a range of banking and other operating services. Further, the company offers research and access to financial markets for institutional, corporate and retail clients through an integrated suite of sales and trading solutions related to debt, foreign exchange, interest rates, credit, equities, securitization, and commodities; provides new product development and origination services, as well as risk management and advisory services for hedging strategies, including in interest rates, foreign exchange rates and commodities prices; and funding and liquidity management services. Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada.

Exchange Ticker
TOR (Canada) BMO.TO
FRA (Germany) BZZ.F
STU (Germany) BZZ.SG
TOR (Canada) BMO-PB.TO
TOR (Canada) BMO-PD.TO
TOR (Canada) BMO-PE.TO
TOR (Canada) BMO-PQ.TO
TOR (Canada) BMO-PW.TO
TOR (Canada) BMO-PY.TO
NYQ (United States) BMO
Trades
Dividend Yield
2.63%
5y avg 4.40%
Annual Dividends
6.60USD
Next Ex. Div Date
July 30, 2026
Payout Ratio
52.43%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
2.68 USD
May 26, 2027 (estimated) 1.3423
Feb. 26, 2027 (estimated) 1.3382
2026
4.92 USD
Nov. 26, 2026 (estimated) 1.2688
Aug. 26, 2026 1.2044
May 26, 2026 1.2210
Feb. 26, 2026 1.2256
2025
4.60 USD
Nov. 26, 2025 1.1648
Aug. 26, 2025 1.1830
May 27, 2025 1.1500
Feb. 26, 2025 1.1030
2024
4.46 USD
Nov. 26, 2024 1.1140
Aug. 27, 2024 1.1190
May 28, 2024 1.1060
Feb. 27, 2024 1.1230
2023
4.30 USD
Nov. 28, 2023 1.0630
Aug. 28, 2023 1.1130
May 26, 2023 1.0490
Feb. 28, 2023 1.0730
2022
4.19 USD
Nov. 28, 2022 1.0220
Aug. 26, 2022 1.0850
May 26, 2022 1.0390
Feb. 28, 2022 1.0420
2021
3.40 USD
Nov. 26, 2021 0.8590
Aug. 26, 2021 0.8520
May 26, 2021 0.8630
Feb. 26, 2021 0.8270
2020
3.15 USD
Nov. 26, 2020 0.7960
Aug. 26, 2020 0.7900
May 26, 2020 0.7640
Feb. 26, 2020 0.8020
2019
3.07 USD
Nov. 26, 2019 0.7830
Aug. 27, 2019 0.7830
May 28, 2019 0.7430
Feb. 26, 2019 0.7610
2018
3.17 USD
Nov. 27, 2018 0.7320
Aug. 28, 2018 0.9600
May 28, 2018 0.7250
Feb. 27, 2018 0.7540
2017
2.73 USD
Nov. 28, 2017 0.7010
Aug. 28, 2017 0.7170
May 26, 2017 0.6460
Feb. 28, 2017 0.6690
2016
2.56 USD
Nov. 28, 2016 0.6420
Aug. 26, 2016 0.6520
May 26, 2016 0.6670
Feb. 26, 2016 0.5960
2015
2.56 USD
Nov. 26, 2015 0.6220
Aug. 26, 2015 0.6350
May 26, 2015 0.6650
Feb. 26, 2015 0.6380
2014
2.79 USD
Nov. 26, 2014 0.6980
Aug. 26, 2014 0.7190
May 27, 2014 0.6890
Feb. 26, 2014 0.6800
2013
2.88 USD
Nov. 26, 2013 0.7070
Aug. 27, 2013 0.7210
May 28, 2013 0.7280
Feb. 26, 2013 0.7240
2012
2.83 USD
Nov. 28, 2012 0.7220
Aug. 28, 2012 0.6950
May 28, 2012 0.7130
Feb. 28, 2012 0.7000
2011
2.87 USD
Nov. 28, 2011 0.7030
Aug. 26, 2011 0.7390
May 26, 2011 0.7250
Feb. 28, 2011 0.7030
2010
2.71 USD
Nov. 26, 2010 0.6800
Aug. 26, 2010 0.6790
May 26, 2010 0.6900
Feb. 26, 2010 0.6580
2009
2.43 USD
Nov. 26, 2009 0.6460
Aug. 27, 2009 0.6550
May 28, 2009 0.5720
Feb. 26, 2009 0.5610
2008
2.63 USD
Nov. 27, 2008 0.5430
Aug. 28, 2008 0.6830
May 29, 2008 0.7080
Feb. 28, 2008 0.6950
2007
2.53 USD
Nov. 29, 2007 0.7280
Aug. 1, 2007 0.6400
May 30, 2007 0.6090
Feb. 27, 2007 0.5510
2006
2.00 USD
Nov. 1, 2006 0.5540
Aug. 30, 2006 0.5480
May 30, 2006 0.4680
Feb. 1, 2006 0.4260
2005
1.69 USD
Nov. 29, 2005 0.4160
Aug. 30, 2005 0.4600
May 30, 2005 0.4600
Feb. 25, 2005 0.3550
2004
1.59 USD
Nov. 29, 2004 0.4400
Aug. 30, 2004 0.4000
May 28, 2004 0.4000
Feb. 26, 2004 0.3500
2003
1.34 USD
Nov. 27, 2003 0.3500
Aug. 28, 2003 0.3300
May 29, 2003 0.3300
Feb. 27, 2003 0.3300
2002
1.20 USD
Nov. 28, 2002 0.3000
Aug. 29, 2002 0.3000
May 1, 2002 0.3000
Feb. 27, 2002 0.3000
2001
1.12 USD
Nov. 29, 2001 0.2800
Aug. 1, 2001 0.2800
May 30, 2001 0.2800
Feb. 27, 2001 0.2800
2000
1.00 USD
Nov. 1, 2000 0.2500
Aug. 30, 2000 0.2500
May 30, 2000 0.2500
Feb. 28, 2000 0.2500
1999
0.94 USD
Nov. 29, 1999 0.2350
Aug. 30, 1999 0.2350
May 28, 1999 0.2350
Feb. 25, 1999 0.2350
1998
0.88 USD
Nov. 27, 1998 0.2200
Aug. 28, 1998 0.2200
May 28, 1998 0.2200
Feb. 26, 1998 0.2200
1997
0.82 USD
Nov. 27, 1997 0.2200
Aug. 28, 1997 0.2000
May 29, 1997 0.2000
Feb. 27, 1997 0.2000
1996
0.74 USD
Nov. 28, 1996 0.2000
Aug. 29, 1996 0.1800
May 30, 1996 0.1800
Feb. 28, 1996 0.1800
1995
0.66 USD
Nov. 29, 1995 0.1650
Aug. 30, 1995 0.1650
May 30, 1995 0.1650
Feb. 27, 1995 0.1650
1994
0.02 USD
Nov. 29, 1994 0.0150
Upcoming Dividends
Name Payment Date Status Amount
Bank of Montreal Aug 26, 2026 Upcoming 1.20435 USD
Bank of Montreal May 26, 2026 1.221 USD
Bank of Montreal Feb 26, 2026 1.22561 USD
Bank of Montreal Nov 26, 2025 1.1648 USD
Bank of Montreal Aug 26, 2025 1.183 USD
Stock Splits
Split Date Split Ratio to 1
March 15, 2001 2.000000
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