BMO
Bank of Montreal
$178.52
▲ 0.3%Updated Today 3:42 PM ET
BMO at a glance — five pillars scored 0–100 from real filed financials.
Overall: Favorable · 69/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▲ Up 55.0% over the last 12 months
Market Cap
$127.38B
P/E
18.23x
Forward P/E (est.)
15.12x
ROE
11.3%
Revenue Growth
115.3%
EPS Growth
20.6%
Profit Margin
21.7%
FCF Yield
7.1%
Debt / Equity
2.88x
ROIC
—
Interest Coverage
—
Current Ratio
—
Dividend Yield
2.8%
Implied Growth (rev. DCF)
3.9%
Rating Score
69/100
Bank of Montreal (BMO) is a large-cap company in the Banking industry, part of the Financials sector of the S&P 500, with a market value around $127.38B.
In its latest reported year it generated about $26.48B in revenue and $6.36B in net profit.
Our model rates BMO Favorable (69/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what BMO's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. BMO trades near $178.52, above its 50-day average ($161.89) and 200-day average ($140.75). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 72 it is overbought — the recent rally is stretched and can cool off.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. BMO's is $2.96 (~1.7% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month BMO found buyers near $163.14 (support) and sellers near $178.70 (resistance); its 52-week range is $109.64–$178.70. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.3× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
7.5%
Revenue moved from $15.39B in 2016 to $26.48B in 2025, a 6.2% compound annual growth rate. The most recent year grew a strong 115.3% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
—
Operating Margin
28.8%
Net Margin
24.0%
ROE
11.3%
Bank of Montreal keeps about 21.7% of each sales dollar as net profit. Return on equity is 11.3%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
—
Net Debt
—
Net Debt / EBITDA
—
Debt / Equity
2.88x
Leverage: debt-to-equity is 2.9x. That is elevated leverage, which raises risk if earnings or rates move against it.
Operating CF
$7.48B
Free Cash Flow
$6.21B
FCF Margin
23.5%
In the latest year Bank of Montreal produced about $7.48B of operating cash flow and $6.21B of free cash flow after capital spending. That is a free-cash-flow yield of about 7.1% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
The dividend is being paid, but coverage or consistency is thinner than an income investor should rely on without a closer look.
Dividend yield
2.8%
Total paid (latest FY)
$3.67B
History on record
10 years
dividend uses 59% of free cash flow
58% of net income paid out
total dividends increased 3 years in a row
payout was cut at least once in the last 10 years
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
18.23x
P/S
2.3x
P/B
1.43x
EV / EBITDA
—
BMO trades at 18.2x trailing earnings (about 15.1x on estimated forward earnings), 2.3x sales, and 1.4x book value. Reverse-engineering today's price implies the market expects roughly 3.9% long-term free-cash-flow growth. That is a fairly typical valuation for a profitable company.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$362.93
Current price
$178.52
Starting FCF (latest 10-K)
$6.21B
Growth, years 1–5
20.0%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where BMO sits versus its Financials sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 141 Financials companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How BMO stacks up against its Financials peers — valuation, profitability, and growth versus the sector median.
In the Financials sector (289 S&P 500 companies), BMO ranks #44 of 289 by our overall rating. It trades at a premium versus the sector on earnings (18.2x P/E vs. 15.3x median) with a lower return on equity (11.3% vs. 13.6%) and faster revenue growth (115.3% vs. 15.9%).
P/E vs sector
18.2x
median 15.3x
ROE vs sector
11.3%
median 13.6%
Growth vs sector
115.3%
median 15.9%
Sector rank
#44
of 289 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Financials companies by sub-industry and size. Sector median is across all 289 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $178.52 today · expected CAGR 29% – 42%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $38.40B | $55.67B | $80.73B | $117.06B | $169.73B |
| Net income | $9.22B | $13.36B | $19.37B | $28.09B | $40.74B |
| EPS | $12.92 | $18.73 | $27.15 | $39.37 | $57.09 |
| Share price (low) | $142.07 | $206.00 | $298.69 | $433.11 | $628.01 |
| Share price (high) | $232.47 | $337.08 | $488.77 | $708.72 | $1,027.65 |
| CAGR (low–high) | -20% / 30% | 7% / 37% | 19% / 40% | 25% / 41% | 29% / 42% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for BMO:
- Revenue is growing 115.3% a year, a sign of real demand.
- High net margins (21.7%) point to pricing power or efficiency.
- Healthy free-cash-flow yield (~7.1%) funds buybacks and dividends.
- Pays a 2.8% dividend on top of any price gains.
- Our model's overall read is Favorable (69/100).
The case against BMO:
- Elevated leverage (debt/equity 2.9x) adds financial risk.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Balance-sheet risk — debt/equity of 2.9x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: Bank of Montreal is a large-cap financials business still growing nicely, with solid profitability, and a heavier debt load to watch. It trades at 18.2x earnings, which our model scores Favorable (69/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 19 Wall Street analysts covering BMO recommend (July 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more positive over the last three months (+5 pts of buy ratings).
Latest SEC Filings
BMO's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
BMO — frequently asked questions
Is BMO a good stock to buy?
We don't give buy or sell advice. Our model rates Bank of Montreal Favorable (69/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is BMO's rating on The Stocks School?
Bank of Montreal currently scores 69/100 (Favorable) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does BMO's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Bank of Montreal's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for BMO calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this BMO analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell BMO. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.