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Bank of Montreal
BMO

$84.80
0.49%
 

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

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 7 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]

Research analyst outlook

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

Financial journalist opinion

Based on 7 articles about BMO published over the past 30 days

Neutral
PRNewsWire
3 weeks ago
BMO Financial Group Reports Second Quarter 2024 Results
BMO's Second Quarter 2024 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended April 30, 2024 are available online at www.bmo.com/investorrelations and at www.sedarplus.ca. Financial Results Highlights Second Quarter 2024 compared with Second Quarter 2023: Net income of $1,866 million, compared with $1,029 million; adjusted net income1, 2 of $2,033 million, compared with $2,186 million Reported earnings per share (EPS)3 of $2.36, compared with $1.26; adjusted EPS1, 2, 3 of $2.59, compared with $2.89 Provision for credit losses (PCL) of $705 million, compared with $1,023 million on a reported basis and $318 million on an adjusted basis1 Return on equity (ROE) of 9.9%, compared with 5.5%; adjusted ROE1, 2 of 10.9%, compared with 12.6% Common Equity Tier 1 (CET1) Ratio4 of 13.1%, compared with 12.2% Declared a quarterly dividend of $1.55 per common share, an increase of $0.08 or 5% from the prior year and $0.04 or 3% from the prior quarter Year-to-Date 2024 compared with Year-to-Date 2023: Net income of $3,158 million, compared with $1,162 million; adjusted net income1,2 of $3,926 million, compared with $4,344 million Reported EPS3 of $4.08, compared with $1.42; adjusted EPS1,2,3 of $5.14, compared with $5.94 PCL of $1,332 million, compared with $1,240 million on a reported basis and $535 million on an adjusted basis1 ROE of 8.5%, compared with 3.0%; adjusted ROE1,2 of 10.7%, compared with 12.8% Adjusted1, 2 results in the current quarter and the prior year excluded the following items: Impact of an incremental U.S. Federal Deposit Insurance Corporation (FDIC) special assessment of $50 million ($67 million pre-tax) in the current quarter.
BMO Financial Group Reports Second Quarter 2024 Results