Brokers Offer Predictions for TSE:BMO FY2026 Earnings

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Investment analysts at Cormark issued their FY2026 earnings estimates for Bank of Montreal in a note issued to investors on Monday, November 25th. Cormark analyst L. Persaud forecasts that the bank will post earnings of $12.68 per share for the year. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share.

A number of other brokerages have also commented on BMO. CIBC increased their price objective on shares of Bank of Montreal from C$116.00 to C$120.00 in a report on Friday, September 6th. Bank of America cut shares of Bank of Montreal from a “buy” rating to a “neutral” rating and decreased their price target for the company from C$134.00 to C$117.00 in a research note on Wednesday, August 28th. Desjardins reduced their price objective on Bank of Montreal from C$125.00 to C$120.00 and set a “hold” rating on the stock in a report on Wednesday, August 28th. Jefferies Financial Group decreased their price objective on Bank of Montreal from C$141.00 to C$124.00 and set a “buy” rating on the stock in a research report on Monday, August 12th. Finally, Canaccord Genuity Group boosted their target price on Bank of Montreal from C$125.00 to C$143.00 in a research report on Tuesday, November 19th. Eight equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of C$127.33.

Bank of Montreal Stock Performance

Shares of BMO stock opened at C$133.64 on Tuesday. Bank of Montreal has a 52 week low of C$107.16 and a 52 week high of C$134.16. The stock has a market capitalization of C$97.48 billion, a PE ratio of 15.38, a PEG ratio of 0.71 and a beta of 1.16. The stock’s fifty day moving average is C$126.18 and its 200-day moving average is C$121.19.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last released its quarterly earnings results on Tuesday, August 27th. The bank reported C$2.64 earnings per share for the quarter, missing analysts’ consensus estimates of C$2.72 by C($0.08). The business had revenue of C$8.19 billion for the quarter, compared to analyst estimates of C$8.23 billion. Bank of Montreal had a net margin of 21.20% and a return on equity of 8.49%.

Bank of Montreal Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 26th will be paid a $1.55 dividend. This represents a $6.20 annualized dividend and a yield of 4.64%. The ex-dividend date of this dividend is Wednesday, October 30th. Bank of Montreal’s payout ratio is 71.35%.

Insiders Place Their Bets

In related news, Senior Officer David Robert Casper sold 12,819 shares of the firm’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of C$121.85, for a total transaction of C$1,562,007.97. Also, Senior Officer Steven Lloyd Tennyson sold 7,908 shares of Bank of Montreal stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of C$112.16, for a total value of C$886,977.10. Company insiders own 0.03% of the company’s stock.

About Bank of Montreal

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.