BMO:CA:TSX-Bank of Montreal (CAD)

COMMON STOCK | Banks-Diversified | TSX

Last Closing Price

CAD 116.24

Change

+0.73 (+0.63)%

Market Cap

CAD 74.73B

Volume

3.79M

Average Target Price

CAD 109.76 (-5.57%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Bank of Montreal provides diversified financial services primarily in North America. The company's personal banking products and services include checking and savings accounts, credit cards, mortgages, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, specialized banking programs, treasury and payment solutions, and risk management products for small business and commercial banking customers. It also offers investment and wealth advisory services; digital investing services; financial services and solutions; and investment management, and trust and custody services to institutional, retail, and high net worth investors. In addition, the company provides life insurance, accident and sickness insurance, and annuity products; creditor and travel insurance to bank customers; and reinsurance solutions. Further, it offers client's debt and equity capital-raising services, as well as loan origination and syndication, balance sheet management, and treasury management; strategic advice on mergers and acquisitions, restructurings, and recapitalizations, as well as valuation and fairness opinions; and trade finance, risk mitigation, and other operating services. Additionally, the company provides research and access to markets for institutional, corporate, and retail clients; trading solutions that include debt, foreign exchange, interest rate, credit, equity, securitization and commodities; new product development and origination services, as well as risk management advice and services to hedge against fluctuations; and funding and liquidity management services to its clients. It operates through approximately 1,400 bank branches and 4,800 automated banking machines in Canada and the United States. The company was founded in 1817 and is headquartered in Montreal, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-05-05 )

Largest Industry Peers for Banks-Diversified

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
RY-PZ:CA Royal Bank of Canada

+0.05 (+0.22%)

CAD200.64B 2.87 N/A
RY-PM:CA Royal Bank of Canada

+0.17 (+0.72%)

CAD190.12B 2.94 N/A
RY-PJ:CA Royal Bank of Canada

-0.01 (-0.04%)

CAD190.10B 3.01 N/A
RY:CA Royal Bank of Canada

+1.12 (+0.95%)

CAD168.02B 14.60 N/A
TD:CA The Toronto-Dominion Bank

+0.93 (+1.10%)

CAD153.30B 12.79 N/A
RY-PC:CA Royal Bank of Canada

N/A

CAD149.96B 2.64 N/A
RY-PE:CA Royal Bank of Canada

N/A

CAD149.54B 2.61 N/A
RY-PQ:CA Royal Bank of Canada

N/A

CAD144.71B 3.09 N/A
BNS:CA The Bank of Nova Scotia

+0.48 (+0.61%)

CAD95.00B 14.72 N/A
BMO-PW:CA Bank of Montreal

+0.05 (+0.22%)

CAD90.37B 2.82 N/A

ETFs Containing BMO:CA

Symbol Name Weight Mer Price(Change) Market Cap
CEW WisdomTree Emerging Curre.. 0.00 % 0.55 %

-0.02 (-0.13%)

CAD0.02B
RPSB:CA RBC PH&N Short Term Canad.. 0.00 % 0.35 %

N/A

CAD0.05B
ZEB:CA BMO Equal Weight Banks In.. 0.00 % 0.55 %

+0.27 (+0.79%)

CAD1.66B
ZST:CA BMO Ultra Short-Term Bond.. 0.00 % 0.15 %

N/A

CAD0.55B
ZWB:CA BMO Covered Call Canadian.. 0.00 % 0.65 %

+0.10 (+0.50%)

CAD2.08B
ZWC:CA BMO CA High Dividend Cove.. 0.00 % 0.65 %

+0.10 (+0.53%)

CAD0.91B
BNC:CA Purpose Canadian Financia.. 0.00 % 0.66 %

N/A

CAD0.01B
MCLC:CA Manulife Multifactor Cana.. 0.00 % 0.40 %

+0.11 (+0.37%)

CAD0.25B
DGRC:CA CI WisdomTree Canada Qual.. 0.00 % 0.21 %

+0.30 (+0.92%)

CAD0.26B
FLRM:CA Franklin Liberty Risk Man.. 0.00 % 0.33 %

N/A

CAD9.12M
RBNK:CA RBC Canadian Bank Yield I.. 0.00 % 0.29 %

+0.22 (+0.91%)

CAD0.14B
ZVC:CA BMO MSCI Canada Value Ind.. 0.00 % 0.35 %

N/A

CAD4.46M
RMBO:CA RBC 6-10 year Laddered Ca.. 0.00 % 0.25 %

N/A

CAD4.36M
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.05 %

+0.17 (+0.66%)

CAD5.42B
MCSB:CA Mackenzie Canadian Short .. 0.00 % 0.35 %

N/A

CAD0.03B
QCE:CA Mackenzie Canadian Large .. 0.00 % 0.04 %

+1.34 (+1.17%)

CAD0.09B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.04 %

+1.28 (+1.10%)

CAD0.46B
WOMN:CA BMO Women In Leadership F.. 0.00 % 0.40 %

-0.32 (-1.17%)

CAD0.08B
EGIF:CA Exemplar Growth and Incom.. 0.00 % 1.29 %

N/A

CAD0.46B
RQL:CA RBC Target 2024 Corporate.. 0.00 % 0.20 %

N/A

CAD0.07B
DRMC:CA Desjardins RI Canada - Lo.. 0.00 % 0.25 %

+0.16 (+0.65%)

CAD0.02B
HCB:CA Hamilton Canadian Bank Va.. 0.00 % 0.65 %

N/A

CAD0.01B
RQN:CA RBC Target 2025 Corporate.. 0.00 % 0.20 %

N/A

CAD0.07B
FCCL:CA Fidelity Canadian Low Vol.. 0.00 % 0.35 %

N/A

CAD0.01B
FLCD:CA Franklin FTSE Canada All .. 0.00 % 0.05 %

N/A

CAD0.35B
ZDV:CA BMO Canadian Dividend ETF 0.00 % 0.35 %

+0.14 (+0.77%)

CAD0.63B
XTR:CA iShares Diversified Month.. 0.00 % 0.55 %

+0.04 (+0.36%)

CAD0.58B
CEW:CA iShares Equal Weight Banc.. 0.00 % 0.55 %

+0.15 (+0.99%)

CAD0.20B
RQI:CA RBC Target 2021 Corporate.. 0.00 % 0.20 %

N/A

CAD0.03B
CIC:CA CI Canadian Banks Income .. 0.00 % 0.65 %

+0.11 (+0.92%)

CAD0.18B
HAL Halliburton Company 0.00 % 0.00 %

+1.04 (+4.96%)

CAD18.65B
HEF:CA Horizons Enhanced Income .. 0.00 % 0.65 %

+0.04 (+0.46%)

CAD0.01B
HEX:CA Horizons Enhanced Income .. 0.00 % 0.65 %

+0.07 (+1.10%)

CAD0.02B
MKC:CA Mackenzie Maximum Diversi.. 0.00 % 0.45 %

+0.12 (+0.42%)

CAD0.47B
PDC:CA Invesco Canadian Dividend.. 0.00 % 0.50 %

+0.22 (+0.75%)

CAD0.74B
PDF:CA Purpose Core Dividend Fun.. 0.00 % 0.67 %

+0.13 (+0.44%)

CAD0.16B
PPS:CA Invesco Canadian Preferre.. 0.00 % 0.45 %

+0.15 (+0.97%)

CAD0.09B
PXC:CA Invesco FTSE RAFI Canadia.. 0.00 % 0.45 %

+0.36 (+1.19%)

CAD0.27B
RCE:CA RBC Quant Canadian Equity.. 0.00 % 0.39 %

N/A

CAD0.01B
RQH:CA RBC Target 2020 Corporate.. 0.00 % 0.20 %

N/A

CAD0.02B
RQJ:CA RBC Target 2022 Corporate.. 0.00 % 0.20 %

N/A

CAD0.08B
XMV:CA iShares MSCI Min Vol Cana.. 0.00 % 0.30 %

+0.25 (+0.74%)

CAD0.12B
TTP:CA TD Canadian Equity Index .. 0.00 % 0.00 %

+0.17 (+0.78%)

CAD1.21B
VCE:CA Vanguard FTSE Canada Inde.. 0.00 % 0.05 %

+0.30 (+0.73%)

CAD0.96B
VCN:CA Vanguard FTSE Canada All .. 0.00 % 0.05 %

+0.22 (+0.57%)

CAD3.42B
VDY:CA Vanguard FTSE Canadian Hi.. 0.00 % 0.20 %

+0.40 (+1.04%)

CAD0.99B
WXM:CA CI Morningstar Canada Mom.. 0.00 % 0.60 %

+0.32 (+1.38%)

CAD0.81B
XCV:CA iShares Canadian Value In.. 0.00 % 0.50 %

+0.32 (+1.11%)

CAD0.07B
XDV:CA iShares Canadian Select D.. 0.00 % 0.50 %

+0.21 (+0.74%)

CAD1.61B
XEN:CA iShares Jantzi Social Ind.. 0.00 % 0.50 %

N/A

CAD0.09B
XFN:CA iShares S&P/TSX Cappe.. 0.00 % 0.55 %

+0.30 (+0.67%)

CAD1.34B
XIC:CA iShares Core S&P/TSX .. 0.00 % 0.05 %

+0.20 (+0.65%)

CAD8.04B
XIU:CA iShares S&P/TSX 60 In.. 0.00 % 0.15 %

+0.20 (+0.69%)

CAD10.26B
XESG:CA iShares ESG Aware MSCI Ca.. 0.00 % 0.18 %

+0.23 (+0.97%)

CAD0.13B

Market Performance

  Market Performance vs.
Industry/Classification (Banks-Diversified)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 20.11% 90% A- 75% C
Dividend Return 2.19% 40% F 90% A-
Total Return 22.30% 90% A- 76% C
Trailing 12 Months  
Capital Gain 70.99% 100% A+ 79% C+
Dividend Return 6.24% 70% C- 83% B
Total Return 77.23% 100% A+ 80% B-
Trailing 5 Years  
Capital Gain 44.31% 50% F 65% D
Dividend Return 22.87% 50% F 77% C+
Total Return 67.18% 50% F 70% C-
Average Annual (5 Year Horizon)  
Capital Gain 0.81% 40% F 38% F
Dividend Return 3.82% 70% C- 84% B
Total Return 4.63% 40% F 53% F
Risk Return Profile  
Volatility (Standard Deviation) 19.11% 30% F 46% F
Risk Adjusted Return 24.22% 20% F 42% F
Market Capitalization 74.73B 48% F 98% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Banks-Diversified)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 14.05 16% F 55% F
Price/Book Ratio 1.44 100% A+ 61% D-
Price / Cash Flow Ratio 1.47 36% F 77% C+
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 10.20% 16% F 71% C-
Return on Invested Capital -0.97% 100% A+ 37% F
Return on Assets 0.60% 19% F 41% F
Debt to Equity Ratio 52.58% 6% F 50% F
Technical Ratios  
Short Ratio 5.04 53% F 20% F
Short Percent N/A N/A N/A N/A N/A
Beta 1.17 3% F 41% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.