Bank Of Montreal (NYSE:BMO) Issues Quarterly Earnings Results

Bank Of Montreal (NYSE:BMO) (TSE:BMO) posted its quarterly earnings data on Wednesday. The bank reported $2.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.35 by $0.16, Zacks reports. The firm had revenue of $7.21 billion during the quarter, compared to analysts’ expectations of $6.73 billion. Bank Of Montreal had a return on equity of 11.76% and a net margin of 11.13%.The company’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the prior year, the business earned $3.04 EPS.

Here are the key takeaways from Bank Of Montreal’s conference call:

• Strong quarter with Adjusted EPS of CAD 3.48 (+15% YoY), record pre-provision, pre-tax earnings of CAD 4.1 billion and underlying ROE of 13.1% (up 180 bps), with management reaffirming a path to 15% ROE by exit-2027.
• Margin and revenue upside from deposit-mix improvements and ladder reinvestments lifted NII ex-markets and NIM (233 bps, +20 bps YoY), but management expects NIM to be relatively stable near term as competitive dynamics and loan growth evolve.
• U.S. optimization is ~90% complete after roughly CAD 6 billion of loan reductions; management reports improving pipelines, better deposit mix and expects mid-single-digit loan growth in the back half of the year.
• Credit was largely in line with expectations—total PCLs declined to CAD 746 million and the performing allowance is CAD 4.6 billion (69 bps)—but pockets of consumer stress (higher delinquencies in parts of the GTA and elevated card losses in lower-income segments) warrant monitoring.

Bank Of Montreal Trading Up 0.4%

Shares of BMO traded up $0.54 during mid-day trading on Thursday, hitting $148.67. 960,260 shares of the company’s stock traded hands, compared to its average volume of 856,784. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $105.00 billion, a P/E ratio of 18.22, a PEG ratio of 0.99 and a beta of 0.94. The business’s 50-day moving average price is $136.78 and its 200-day moving average price is $128.88. Bank Of Montreal has a 1 year low of $85.40 and a 1 year high of $149.01.

Bank Of Montreal Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Wednesday, April 29th will be paid a dividend of $1.67 per share. The ex-dividend date of this dividend is Wednesday, April 29th. This represents a $6.68 annualized dividend and a dividend yield of 4.5%. Bank Of Montreal’s payout ratio is 59.68%.

Analyst Ratings Changes

BMO has been the subject of several research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Bank Of Montreal in a research note on Monday, December 29th. National Bank Financial reaffirmed a “sector perform” rating on shares of Bank Of Montreal in a research note on Wednesday. Raymond James Financial upgraded shares of Bank Of Montreal from a “market perform” rating to an “outperform” rating in a research report on Friday, February 13th. Scotiabank reissued a “sector perform” rating on shares of Bank Of Montreal in a research note on Friday, January 9th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Bank Of Montreal in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $163.00.

Key Bank Of Montreal News

Here are the key news stories impacting Bank Of Montreal this week:

• Positive Sentiment: Q1 results beat consensus: BMO reported stronger‑than‑expected revenue and EPS with management calling out record revenue across businesses and double‑digit earnings growth. That top‑line / profit surprise is the primary bullish driver. Bank of Montreal (BMO) Q1 2026 Earnings Call Highlights: Record Earnings and Strategic Optimizations
• Positive Sentiment: Credit trends improved: provision for credit losses declined materially year‑over‑year, and commentary pointed to easing pressure in commercial/truck portfolios — reducing a key tail risk for bank earnings. BMO Financial Group Reports First Quarter 2026 Results
• Positive Sentiment: Dividend maintained and buyback/reinvestment options confirmed: management kept the quarterly dividend at $1.67/share, supporting the stock’s income appeal. BMO Financial Group Declares Dividends
• Positive Sentiment: Short interest plunged in February (~63% decline), reducing near‑term downward pressure from short covering risk and signaling waning bearish positioning. (Internal data entry)
• Neutral Sentiment: Analysts and investors are re‑assessing the investment narrative — some commentary frames the beat as shifting focus toward capital returns and valuation rather than growth alone; this may lead to upgrades or valuation re‑rating, but outcomes depend on guidance and capital plans. Did BMO’s Q1 Profit Beat and Capital Returns Just Shift Bank of Montreal’s (TSX:BMO) Investment Narrative?
• Neutral Sentiment: Investors are running a fresh valuation check after the beat — strong earnings lower forward multiples but higher share price expectations could offset. Watch forward EPS and guidance. Bank of Montreal (TSX:BMO) Valuation Check After Record Revenue And Profit Beat
• Negative Sentiment: Capital ratios slightly softer: CET1 fell modestly versus prior quarter (still well above regulatory minima), which investors will watch if capital returns accelerate. This is a potential mild headwind if capital metrics keep trending down. BMO Financial Group Reports First Quarter 2026 Results

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Compound Planning Inc. boosted its position in shares of Bank Of Montreal by 6.7% in the 4th quarter. Compound Planning Inc. now owns 8,555 shares of the bank’s stock worth $1,110,000 after purchasing an additional 535 shares in the last quarter. Birchwood Financial Partners Inc. bought a new stake in Bank Of Montreal in the fourth quarter worth $61,000. Mercer Global Advisors Inc. ADV grew its stake in shares of Bank Of Montreal by 10.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,816 shares of the bank’s stock worth $1,014,000 after acquiring an additional 754 shares during the last quarter. Vident Advisory LLC grew its stake in shares of Bank Of Montreal by 25.6% in the fourth quarter. Vident Advisory LLC now owns 3,724 shares of the bank’s stock worth $484,000 after acquiring an additional 759 shares during the last quarter. Finally, Beacon Pointe Advisors LLC increased its holdings in shares of Bank Of Montreal by 0.4% during the fourth quarter. Beacon Pointe Advisors LLC now owns 52,635 shares of the bank’s stock valued at $6,831,000 after acquiring an additional 218 shares in the last quarter. 45.82% of the stock is currently owned by institutional investors.

Bank Of Montreal Company Profile

Bank of Montreal (NYSE:BMO), commonly known as BMO Financial Group, is one of Canada’s largest and longest-established banks. Founded in Montreal and headquartered in Montreal, Quebec, the bank provides a broad range of financial services to retail, commercial, corporate and institutional clients. BMO is publicly listed in both Canada and the United States and operates under a consolidated financial services model that integrates banking, capital markets, wealth management and asset management activities.

BMO’s core businesses include personal and commercial banking—offering checking and savings accounts, lending, mortgages, and small-business services—alongside wealth management and private banking through its asset and investment management divisions.