Bank of Montreal
BMO

$87.33

0.4%

Market Cap: 63.7B

About: Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, US P&C banking, wealth management, and capital markets. The bank's operations are primarily in Canada, with a material portion also in the U.S.

Employees: 55,767

Financials Commercial Banks

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

16% more call options, than puts

Call options by funds: $784M | Put options by funds: $676M

14% more repeat investments, than reductions

Existing positions increased: 168 | Existing positions reduced: 147

0.15% more ownership

Funds ownership: 46.44% [Q4 2023] → 46.59% (+0.15%) [Q1 2024]

0% more funds holding

Funds holding: 471 [Q4 2023] → 471 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 52

0% less capital invested

Capital invested by funds: $33.2B [Q4 2023] → $33.1B (-$93.4M) [Q1 2024]

4% less funds holding in top 10

Funds holding in top 10: 26 [Q4 2023] → 25 (-1) [Q1 2024]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for BMO.

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about BMO published over the past 30 days

My Dividend Stock Portfolio: New June Dividend Record - 101 Holdings With 22 Buys

Investment activity remained high in June, focusing on BDCs aiming to increase dividend income by at least $100 each month. Adjusted dividend income in June is up 27% Y/Y and 5% vs the previous quarter. Main portfolio picks included Ares Capital, Hercules Capital, Goldman Sachs BDC, and MidCap Financial Investment Corporation.

My Dividend Stock Portfolio: New June Dividend Record - 101 Holdings With 22 Buys

BMO Announces Redemption of Four Exchange Traded Notes ("ETNs")

NEW YORK , July 8, 2024 Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that it intends to redeem all of the outstanding securities in each of the series set forth in the following table (collectively, the "Affected Securities"): NYSE Arca Ticker ETN Name and Pricing Supplement* CUSIP Call Settlement Date BNKU MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs due March 25, 2039 063679823 July 25, 2024 BNKD MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs due March 25, 2039 06367V501 July 25, 2024 NRGU MicroSectors™ U.S. Big Oil Index 3X Leveraged ETNs 06367V105 July 25, 2024 NRGD MicroSectors™ U.S. Big Oil Index -3X Inverse Leveraged ETNs 06368L106 July 25, 2024 * The table above provides, for each of the Affected Securities, which are identified by their names, a hyperlink to the relevant pricing supplement. Hyperlinks to the applicable base prospectus and prospectus supplement are contained in such pricing supplements.

BMO Announces Redemption of Four Exchange Traded Notes ("ETNs")

Report: Bank of Montreal Leads $2.55 Billion Loan in Nuvei Deal

Bank of Montreal is reportedly leading a group of underwriters launching a $2.55 billion loan to back the previously announced acquisition of Canadian payments processor Nuvei. The loan will have a seven-year term and will help fund the $6.3 billion leveraged buyout led by Advent International, management, Novacap and CDPQ, Bloomberg reported Monday (July 8), citing unnamed sources.

Report: Bank of Montreal Leads $2.55 Billion Loan in Nuvei Deal

3 Dirt-Cheap Dividend Payers Wall Street Is Ignoring

Despite the overall market rallying in recent months, several dividend stocks have lagged behind, presenting unique opportunities for income-oriented investors. For those seeking value and steady payouts, these undervalued dividend stocks offer a rare chance to capitalize on robust performance.

3 Dirt-Cheap Dividend Payers Wall Street Is Ignoring

Zacks Investment Research

Bank of Montreal (BMO) Tanks 9.5% as Q2 Earnings Decline

A drastic increase in provisions and fall in NII hurt Bank of Montreal's (BMO) fiscal Q2 earnings. Higher non-interest income, solid loan balance and a marginal decline in expenses offer support.

Bank of Montreal (BMO) Tanks 9.5% as Q2 Earnings Decline

Bank of Montreal Stock Tumbles After Earnings—Here's Why

Shares of Bank of Montreal or BMO Financial Group (BMO) plunged over 8% in intraday trading Wednesday after the Canadian financial firm posted worse-than-expected results. The money it set aside to cover bad loans rose from the prior quarter and it also reported that its U.S. business weakened.

Bank of Montreal Stock Tumbles After Earnings—Here's Why

Bank of Montreal (BMO) Q2 2024 Earnings Call Transcript

Bank of Montreal (NYSE:BMO ) Q2 2024 Earnings Conference Call May 29, 2024 8:00 AM ET Company Participants Christine Viau - IR Darryl White - CEO Tayfun Tuzun - CFO Piyush Agrawal - Chief Risk Officer Ernie Johannson - Head of BMO North American Personal and Business Banking Nadim Hirji - Head of BMO Commercial Banking Conference Call Participants Ebrahim Poonawala - Bank of America Matthew Lee - Canaccord Doug Young - Desjardins Capital Markets Meny Grauman - Scotiabank John Aiken - Jefferies Gabriel Dechaine - National Bank Financial Lemar Persaud - Cormark Securities Nigel D'Souza - Veritas Investment Research Mario Mendonca - TD Securities Mike Rizvanovic - Keefe, Bruyette, & Woods Darko Mihelic - RBC Capital Markets Paul Holden - CIBC Operator Good morning and welcome to the BMO Financial Group's Q2 2024 Earnings Release and Conference Call for May 29, 2024. Your host for today is Christine Viau.

Bank of Montreal (BMO) Q2 2024 Earnings Call Transcript

Proactive Investors

BMO shares fall as credit loss provisions, weak US business performance hit 2Q profits

Bank of Montreal (CSE:BMO) shares fell almost 8% after the Canadian bank's fiscal second quarter profits failed to meet Street expectations. For the quarter ended April 30, the company's adjusted net income fell to C$2.03 billion from $2.19 billion in the year-ago period.

BMO shares fall as credit loss provisions, weak US business performance hit 2Q profits

Zacks Investment Research

Bank of Montreal (BMO) Misses Q2 Earnings and Revenue Estimates

Bank of Montreal (BMO) came out with quarterly earnings of $1.91 per share, missing the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $2.16 per share a year ago.

Bank of Montreal (BMO) Misses Q2 Earnings and Revenue Estimates

BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 5 per cent from the prior year

TORONTO , May 29, 2024 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced at its Board of Directors declared a quarterly dividend of $1.55 per share on paid-up common shares of Bank of Montreal for the third quarter of fiscal year 2024 ("Q3 2024 Dividend"), a 4 cent, or 3 per cent, increase from the prior quarter, up 5 per cent from the prior year. The Board of Directors also declared dividends of: $0.2265 per share on paid-up Class B Preferred Shares Series 29; $0.240688 per share on paid-up Class B Preferred Shares Series 31; $0.190875 per share on paid-up Class B Preferred Shares Series 33; and $0.426 per share on paid-up Class B Preferred Shares Series 44.

BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 5 per cent from the prior year

See News Rankings