Commerce Bank Buys New Shares in Bank Of Montreal $BMO

Commerce Bank bought a new position in shares of Bank Of Montreal (NYSE:BMO) (TSE:BMO) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,698 shares of the bank’s stock, valued at approximately $653,000.

A number of other large investors have also bought and sold shares of the stock. AQR Capital Management LLC grew its stake in shares of Bank Of Montreal by 87.1% in the 1st quarter. AQR Capital Management LLC now owns 5,742 shares of the bank’s stock valued at $548,000 after buying an additional 2,673 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in Bank Of Montreal in the second quarter valued at approximately $1,018,000. Cerity Partners LLC grew its stake in Bank Of Montreal by 1.4% in the second quarter. Cerity Partners LLC now owns 12,364 shares of the bank’s stock valued at $1,368,000 after acquiring an additional 167 shares during the period. Qube Research & Technologies Ltd increased its holdings in shares of Bank Of Montreal by 166.3% during the second quarter. Qube Research & Technologies Ltd now owns 411,108 shares of the bank’s stock valued at $45,518,000 after acquiring an additional 256,755 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of Bank Of Montreal by 5,614.3% during the second quarter. NewEdge Advisors LLC now owns 2,800 shares of the bank’s stock valued at $310,000 after acquiring an additional 2,751 shares in the last quarter. 45.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BMO has been the topic of a number of recent research reports. Scotiabank reiterated an “outperform” rating on shares of Bank Of Montreal in a report on Wednesday. Canadian Imperial Bank of Commerce cut shares of Bank Of Montreal from a “sector outperform” rating to a “neutral” rating in a report on Tuesday, August 18th. Keefe, Bruyette & Woods assumed coverage on shares of Bank Of Montreal in a research report on Friday, August 21st. They set an “outperform” rating for the company. Raymond James Financial restated an “outperform” rating on shares of Bank Of Montreal in a report on Tuesday, May 12th. Finally, Weiss Ratings lowered Bank Of Montreal from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, July 23rd. Five analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $163.00.

Bank Of Montreal Stock Down 0.4%

BMO opened at $172.83 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.02 and a quick ratio of 1.02. The company’s 50-day moving average is $177.88 and its 200 day moving average is $159.11. Bank Of Montreal has a fifty-two week low of $118.13 and a fifty-two week high of $187.22. The firm has a market capitalization of $120.49 billion, a P/E ratio of 19.51, a PEG ratio of 1.06 and a beta of 0.94.

Bank Of Montreal (NYSE:BMO) (TSE:BMO) last issued its quarterly earnings data on Wednesday, May 27th. The bank reported $2.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.54 by $0.14. The business had revenue of $7.04 billion during the quarter, compared to the consensus estimate of $6.98 billion. Bank Of Montreal had a net margin of 11.72% and a return on equity of 13.60%. The firm’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.62 EPS. Research analysts expect that Bank Of Montreal will post 10.49 earnings per share for the current fiscal year.

Bank Of Montreal Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 26th. Investors of record on Friday, October 30th will be issued a dividend of $1.71 per share. This represents a $6.84 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, October 30th. Bank Of Montreal’s dividend payout ratio (DPR) is 51.06%.

Trending Headlines about Bank Of Montreal

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

• Positive Sentiment: Adjusted earnings exceeded expectations: Adjusted EPS rose 22% year over year to $3.96, above the approximately $2.71–$2.86 analyst estimates cited in reports. Revenue increased about 10% to roughly $7.1 billion, supported by strength in U.S. banking and capital markets. BMO Financial beats third-quarter forecasts as capital markets earnings surge
• Positive Sentiment: Capital markets momentum was a key catalyst: Earnings in the division surged, while stronger U.S. banking results helped BMO beat forecasts despite ongoing concerns about tariffs and the economic outlook. Provisions for credit losses also declined to $722 million from $797 million a year earlier. Bank of Montreal beats earnings estimates on US banking strength
• Positive Sentiment: Planned share repurchases could support the stock: BMO intends to buy back and cancel up to 25 million common shares, subject to OSFI and TSX approval. The program could reduce the share count and enhance per-share earnings over time. BMO announces intention to repurchase shares
• Neutral Sentiment: Dividend was maintained: BMO declared a quarterly dividend of $1.71 per share, unchanged from the prior quarter, representing an annualized $6.84 payout and an indicated yield near 3.9%. The consistency supports income investors but offers no new dividend-growth catalyst. BMO declares dividends
• Negative Sentiment: Reported results declined sharply: Net income fell 25% to $1.75 billion and reported EPS dropped 24% to $2.38, primarily reflecting a charge related to the sale of assets. Reported ROE decreased to 8.4% from 11.6%, while the CET1 ratio eased to 13.0% from 13.5%. These figures likely explain the cautious reaction despite the adjusted earnings beat. BMO reports third-quarter 2026 results

About Bank Of Montreal

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.