Research Analysts Offer Predictions for BMO FY2025 Earnings

Bank of Montreal (NYSE:BMO) (TSE:BMO) – Stock analysts at National Bank Financial dropped their FY2025 earnings per share (EPS) estimates for Bank of Montreal in a research note issued on Sunday, April 6th. National Bank Financial analyst G. Dechaine now anticipates that the bank will earn $8.07 per share for the year, down from their previous forecast of $8.18. The consensus estimate for Bank of Montreal’s current full-year earnings is $7.71 per share. National Bank Financial also issued estimates for Bank of Montreal’s FY2026 earnings at $8.59 EPS.

Other equities analysts also recently issued reports about the stock. StockNews.com upgraded shares of Bank of Montreal from a “sell” rating to a “hold” rating in a research note on Friday, February 28th. Royal Bank of Canada upped their target price on Bank of Montreal from $161.00 to $163.00 and gave the stock an “outperform” rating in a report on Wednesday, February 26th. CIBC downgraded Bank of Montreal from a “sector outperform” rating to a “neutral” rating in a report on Friday, April 4th. Finally, Cibc World Mkts cut Bank of Montreal from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 4th. Nine analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Bank of Montreal currently has an average rating of “Hold” and an average price target of $128.40.

Bank of Montreal Trading Up 4.9 %

NYSE BMO opened at $91.81 on Wednesday. Bank of Montreal has a one year low of $76.98 and a one year high of $106.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market capitalization of $66.75 billion, a price-to-earnings ratio of 13.15, a price-to-earnings-growth ratio of 1.43 and a beta of 0.95. The company’s 50-day simple moving average is $97.72 and its two-hundred day simple moving average is $96.18.

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

Institutional Investors Weigh In On Bank of Montreal

A number of hedge funds have recently modified their holdings of the business. IFP Advisors Inc grew its stake in Bank of Montreal by 179.5% during the 4th quarter. IFP Advisors Inc now owns 313 shares of the bank’s stock valued at $30,000 after acquiring an additional 201 shares in the last quarter. Addison Advisors LLC boosted its holdings in shares of Bank of Montreal by 282.8% during the 4th quarter. Addison Advisors LLC now owns 333 shares of the bank’s stock worth $32,000 after purchasing an additional 246 shares during the last quarter. Vision Financial Markets LLC purchased a new stake in shares of Bank of Montreal in the fourth quarter valued at approximately $39,000. Dunhill Financial LLC acquired a new stake in shares of Bank of Montreal in the fourth quarter valued at approximately $39,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Bank of Montreal during the third quarter worth approximately $45,000. 45.82% of the stock is currently owned by institutional investors and hedge funds.

Bank of Montreal Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Tuesday, April 29th will be paid a $1.1094 dividend. This represents a $4.44 annualized dividend and a yield of 4.83%. The ex-dividend date of this dividend is Tuesday, April 29th. Bank of Montreal’s dividend payout ratio is currently 57.09%.

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.