BANK OF MONTREAL (BMO.CA) Fundamental Analysis & Valuation
TSX:BMO • CA0636711016
Current stock price
183.03 CAD
-0.53 (-0.29%)
Last:
This BMO.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. BMO.CA Profitability Analysis
1.1 Basic Checks
- In the past year BMO was profitable.
- BMO had a positive operating cash flow in the past year.
- BMO had positive earnings in each of the past 5 years.
- In the past 5 years BMO always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 0.59%, BMO is doing worse than 70.83% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 10.05%, BMO is doing worse than 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.59% | ||
| ROE | 10.05% | ||
| ROIC | N/A |
ROA(3y)0.45%
ROA(5y)0.66%
ROE(3y)7.67%
ROE(5y)10.96%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- BMO's Profit Margin of 23.38% is on the low side compared to the rest of the industry. BMO is outperformed by 66.67% of its industry peers.
- BMO's Profit Margin has improved in the last couple of years.
- The Operating Margin and Gross Margin are not available for BMO so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 23.38% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-16.71%
PM growth 5Y3.44%
GM growth 3YN/A
GM growth 5YN/A
2. BMO.CA Health Analysis
2.1 Basic Checks
- BMO does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for BMO has been reduced compared to 1 year ago.
- Compared to 5 years ago, BMO has more shares outstanding
- BMO has a worse debt/assets ratio than last year.
2.2 Solvency
- The Debt to FCF ratio of BMO is 45.01, which is on the high side as it means it would take BMO, 45.01 years of fcf income to pay off all of its debts.
- BMO has a Debt to FCF ratio of 45.01. This is comparable to the rest of the industry: BMO outperforms 45.83% of its industry peers.
- A Debt/Equity ratio of 2.82 is on the high side and indicates that BMO has dependencies on debt financing.
- BMO has a Debt to Equity ratio of 2.82. This is in the lower half of the industry: BMO underperforms 79.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.82 | ||
| Debt/FCF | 45.01 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.14%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. BMO.CA Growth Analysis
3.1 Past
- BMO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.99%, which is quite impressive.
- BMO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.56% yearly.
- Looking at the last year, BMO shows a small growth in Revenue. The Revenue has grown by 7.10% in the last year.
- Measured over the past years, BMO shows a small growth in Revenue. The Revenue has been growing by 7.57% on average per year.
EPS 1Y (TTM)23.99%
EPS 3Y-2.79%
EPS 5Y9.56%
EPS Q2Q%14.47%
Revenue 1Y (TTM)7.1%
Revenue growth 3Y2.47%
Revenue growth 5Y7.57%
Sales Q2Q%6.02%
3.2 Future
- Based on estimates for the next years, BMO will show a small growth in Earnings Per Share. The EPS will grow by 5.35% on average per year.
- BMO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.85% yearly.
EPS Next Y17.43%
EPS Next 2Y15.6%
EPS Next 3Y13.55%
EPS Next 5Y5.35%
Revenue Next Year7.32%
Revenue Next 2Y5.87%
Revenue Next 3Y4.82%
Revenue Next 5Y3.85%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. BMO.CA Valuation Analysis
4.1 Price/Earnings Ratio
- BMO is valuated correctly with a Price/Earnings ratio of 14.51.
- 83.33% of the companies in the same industry are cheaper than BMO, based on the Price/Earnings ratio.
- BMO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.89.
- Based on the Price/Forward Earnings ratio of 11.25, the valuation of BMO can be described as reasonable.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of BMO indicates a slightly more expensive valuation: BMO is more expensive than 75.00% of the companies listed in the same industry.
- BMO's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.51 | ||
| Fwd PE | 11.25 |
4.2 Price Multiples
- The rest of the industry has a similar Price/Free Cash Flow ratio as BMO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.76 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- BMO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as BMO's earnings are expected to grow with 13.55% in the coming years.
PEG (NY)0.83
PEG (5Y)1.52
EPS Next 2Y15.6%
EPS Next 3Y13.55%
5. BMO.CA Dividend Analysis
5.1 Amount
- BMO has a Yearly Dividend Yield of 3.64%. Purely for dividend investing, there may be better candidates out there.
- BMO's Dividend Yield is a higher than the industry average which is at 3.32.
- Compared to an average S&P500 Dividend Yield of 1.89, BMO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.64% |
5.2 History
- On average, the dividend of BMO grows each year by 12.66%, which is quite nice.
- BMO has paid a dividend for at least 10 years, which is a reliable track record.
- BMO has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)12.66%
Div Incr Years3
Div Non Decr Years34
5.3 Sustainability
- 58.82% of the earnings are spent on dividend by BMO. This is a bit on the high side, but may be sustainable.
- BMO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP58.82%
EPS Next 2Y15.6%
EPS Next 3Y13.55%
BMO.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:BMO (3/27/2026, 7:00:00 PM)
183.03
-0.53 (-0.29%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)02-25 2026-02-25/bmo
Earnings (Next)05-27 2026-05-27
Inst Owners55.28%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap129.26B
Revenue(TTM)36.83B
Net Income(TTM)8.61B
Analysts67.37
Price Target212.38 (16.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.64% |
Yearly Dividend7
Dividend Growth(5Y)12.66%
DP58.82%
Div Incr Years3
Div Non Decr Years34
Ex-Date04-29 2026-04-29 (1.67)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.35%
Min EPS beat(2)7.03%
Max EPS beat(2)7.67%
EPS beat(4)4
Avg EPS beat(4)6.37%
Min EPS beat(4)2.34%
Max EPS beat(4)8.45%
EPS beat(8)5
Avg EPS beat(8)1.99%
EPS beat(12)5
Avg EPS beat(12)-1.99%
EPS beat(16)6
Avg EPS beat(16)-1.74%
Revenue beat(2)2
Avg Revenue beat(2)2.82%
Min Revenue beat(2)2.6%
Max Revenue beat(2)3.03%
Revenue beat(4)3
Avg Revenue beat(4)1.15%
Min Revenue beat(4)-1.37%
Max Revenue beat(4)3.03%
Revenue beat(8)4
Avg Revenue beat(8)1.04%
Revenue beat(12)5
Avg Revenue beat(12)-0.04%
Revenue beat(16)7
Avg Revenue beat(16)2.87%
PT rev (1m)11.56%
PT rev (3m)12.81%
EPS NQ rev (1m)2.97%
EPS NQ rev (3m)4.8%
EPS NY rev (1m)3.78%
EPS NY rev (3m)4.18%
Revenue NQ rev (1m)1.97%
Revenue NQ rev (3m)2.63%
Revenue NY rev (1m)1.88%
Revenue NY rev (3m)2.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.51 | ||
| Fwd PE | 11.25 | ||
| P/S | 3.51 | ||
| P/FCF | 23.76 | ||
| P/OCF | 18.03 | ||
| P/B | 1.51 | ||
| P/tB | 2.02 | ||
| EV/EBITDA | N/A |
EPS(TTM)12.61
EY6.89%
EPS(NY)16.26
Fwd EY8.89%
FCF(TTM)7.7
FCFY4.21%
OCF(TTM)10.15
OCFY5.55%
SpS52.15
BVpS121.35
TBVpS90.72
PEG (NY)0.83
PEG (5Y)1.52
Graham Number185.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.59% | ||
| ROE | 10.05% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 23.38% | ||
| GM | N/A | ||
| FCFM | 14.77% |
ROA(3y)0.45%
ROA(5y)0.66%
ROE(3y)7.67%
ROE(5y)10.96%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-16.71%
PM growth 5Y3.44%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.82 | ||
| Debt/FCF | 45.01 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 79.15% | ||
| Cap/Sales | 4.69% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 63.17% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC13.14%
ROIC/WACCN/A
Cap/Depr(3y)77.78%
Cap/Depr(5y)80.03%
Cap/Sales(3y)5.09%
Cap/Sales(5y)4.64%
Profit Quality(3y)219.61%
Profit Quality(5y)251.73%
High Growth Momentum
Growth
EPS 1Y (TTM)23.99%
EPS 3Y-2.79%
EPS 5Y9.56%
EPS Q2Q%14.47%
EPS Next Y17.43%
EPS Next 2Y15.6%
EPS Next 3Y13.55%
EPS Next 5Y5.35%
Revenue 1Y (TTM)7.1%
Revenue growth 3Y2.47%
Revenue growth 5Y7.57%
Sales Q2Q%6.02%
Revenue Next Year7.32%
Revenue Next 2Y5.87%
Revenue Next 3Y4.82%
Revenue Next 5Y3.85%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y34.45%
FCF growth 3Y34.36%
FCF growth 5Y-29.77%
OCF growth 1Y24.68%
OCF growth 3Y27.36%
OCF growth 5Y-27.42%
BANK OF MONTREAL / BMO.CA Fundamental Analysis FAQ
What is the ChartMill fundamental rating of BANK OF MONTREAL (BMO.CA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to BMO.CA.
What is the valuation status for BMO stock?
ChartMill assigns a valuation rating of 4 / 10 to BANK OF MONTREAL (BMO.CA). This can be considered as Fairly Valued.
What is the profitability of BMO stock?
BANK OF MONTREAL (BMO.CA) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for BMO stock?
The Price/Earnings (PE) ratio for BANK OF MONTREAL (BMO.CA) is 14.51 and the Price/Book (PB) ratio is 1.51.
What is the financial health of BANK OF MONTREAL (BMO.CA) stock?
The financial health rating of BANK OF MONTREAL (BMO.CA) is 1 / 10.