Bank of Montreal (TSE:BMO) Releases Earnings Results

Bank of Montreal (TSE:BMO) (NYSE:BMO) posted its quarterly earnings data on Tuesday. The bank reported C$2.38 EPS for the quarter, FiscalAI reports. Bank of Montreal had a net margin of 12.63% and a return on equity of 11.25%. The firm had revenue of C$9.90 billion during the quarter.

Bank of Montreal Price Performance

Shares of BMO opened at C$239.94 on Wednesday. The firm has a market capitalization of C$168.06 billion, a PE ratio of 18.43, a price-to-earnings-growth ratio of 0.71 and a beta of 1.22. Bank of Montreal has a 1-year low of C$159.50 and a 1-year high of C$259.20. The company’s fifty day moving average price is C$249.92 and its 200-day moving average price is C$220.37.

Bank of Montreal Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 26th. Stockholders of record on Wednesday, August 26th will be paid a dividend of $1.71 per share. The ex-dividend date is Thursday, July 30th. This is an increase from Bank of Montreal’s previous quarterly dividend of $1.67. This represents a $6.84 annualized dividend and a dividend yield of 2.9%. Bank of Montreal’s payout ratio is presently 50.69%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on BMO shares. Canaccord Genuity Group lifted their price target on shares of Bank of Montreal from C$242.00 to C$265.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Royal Bank Of Canada increased their price objective on Bank of Montreal from C$205.00 to C$230.00 and gave the company a “sector perform” rating in a report on Thursday, May 28th. Keefe, Bruyette & Woods set a C$295.00 price objective on Bank of Montreal and gave the stock a “moderate buy” rating in a research report on Friday, August 21st. Jefferies Financial Group raised their price objective on Bank of Montreal from C$213.00 to C$225.00 and gave the stock a “hold” rating in a research report on Thursday, August 13th. Finally, Canadian Imperial Bank of Commerce downgraded Bank of Montreal from an “outperformer” rating to a “hold” rating and boosted their target price for the stock from C$244.00 to C$272.00 in a research note on Wednesday, August 19th. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of C$249.00.

Key Stories Impacting Bank of Montreal

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

• Positive Sentiment: Adjusted earnings beat expectations: BMO reported third-quarter EPS of C$2.38 on C$9.90 billion in revenue. Adjusted net income rose 19% year over year to approximately C$2.85 billion, reflecting broad strength across its business units. Bank of Montreal beat analysts’ expectations as profits climb across the company
• Positive Sentiment: Share repurchase plan announced: BMO plans to buy back up to 25 million common shares, which could support per-share earnings and signal management’s confidence in the bank’s capital position. Bank of Montreal plans to repurchase up to 25M shares
• Positive Sentiment: Analyst target implies upside: National Bank Financial set a C$278 price target with a “sector perform” rating. The target is above the recent trading level, although the neutral rating suggests limited near-term catalysts relative to peers. Bank of Montreal price target set at C$278 by National Bank Financial
• Positive Sentiment: Dividend maintained: BMO filed its fourth-quarter 2026 dividend declaration, reinforcing its appeal to income-focused investors.
• Neutral Sentiment: Reported profit was pressured by a one-time item: Net income fell from the prior year after BMO recorded a C$962 million charge related to exiting transportation finance. The adjusted results exclude much of this impact, making the earnings quality a key focus for investors. BMO takes $962-million hit on transportation-finance exit
• Negative Sentiment: Valuation and macro risks remain: Commentary characterizes BMO as a “hold,” while bank executives’ discussion of potential U.S. tariffs and ongoing Canadian consumer-debt concerns could weigh on credit quality, loan growth and investor sentiment.

Insider Activity at Bank of Montreal

In other news, insider Sharon Marie Haward-Laird sold 4,519 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of C$225.85, for a total value of C$1,020,616.15. Also, insider Mona Elizabeth Malone sold 5,000 shares of the stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of C$244.65, for a total value of C$1,223,250.00. Following the completion of the transaction, the insider directly owned 1,758 shares in the company, valued at C$430,094.70. This represents a 73.99% decrease in their ownership of the stock. Insiders have sold a total of 45,004 shares of company stock valued at $10,339,904 in the last ninety days. Company insiders own 0.03% of the company’s stock.

About Bank of Montreal

Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets.