Full text
Earnings transcript
Read the complete earnings call transcript.
BMO.
BMO.TO
Bank of Montreal
$241.48
-1.28
(-0.53%)
| Exchange: | TSX |
| Market Cap: | 169.137B |
| Shares Outstanding: | 647.163M |
Delayed data
About The Company
| Sector: | Financial Services | |||||
| Industry: | Banks – Diversified | |||||
| CEO: | William Darryl White | |||||
| Full Time Employees: | 53234 | |||||
| Address: |
| |||||
| Website: | https://www.bmo.com |
Bank of Montreal engages in the provision of diversified financial services primarily in North America. The company operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments. It’s personal banking products and services include deposits, home lending, consumer credit, small business lending, credit cards, cash management, financial and investment advice, and other banking services; and commercial banking products and services comprise various of financing options and treasury and payment solutions, as well as risk management products. It also offers investing, banking, and wealth management advisory; digital investing services; financial solutions for individuals, families, and businesses; offers investment management services to institutional, retail, and high net worth investors; and diversified insurance, and wealth and pension de-risking solutions. In addition, the company provides individual life, critical illness and annuity products, as well as segregated funds, and group creditor and travel insurance to customers; debt and equity capital-raising, loan origination and syndication, balance sheet management, treasury management, mergers and acquisitions advice, restructurings and recapitalizations, trade finance, and risk mitigation services, as well as a range of banking and other operating services. Further, the company offers research and access to financial markets for institutional, corporate and retail clients through an integrated suite of sales and trading solutions related to debt, foreign exchange, interest rates, credit, equities, securitization, and commodities; provides new product development and origination services, as well as risk management and advisory services for hedging strategies, including in interest rates, foreign exchange rates and commodities prices; and funding and liquidity management services. Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 29,021,000 | 78,558,000 | 78,149,000 |
| Gross Profit | 29,642,000 | 28,280,000 | 32,482,000 |
| EBITDA | 7,715,000 | 11,175,000 | 12,390,000 |
| Operating Income | 10,298,000 | 9,065,000 | 11,550,000 |
| Net Income | 4,425,000 | 7,318,000 | 8,709,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 1,293,276,000 | 1,409,647,000 | 1,476,802,000 |
| Total Liabilities | 1,216,239,000 | 1,325,361,000 | 1,388,702,000 |
| Total Stockholders Equity | 77,009,000 | 84,250,000 | 88,051,000 |
| Total Debt | 248,735,000 | 262,440,000 | 415,195,000 |
| Cash and Cash Equivalents | 82,043,000 | 68,738,000 | 70,322,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 21,269,000 | 29,030,000 | 10,240,000 |
| Capital Expenditure | -1,677,000 | -1,564,000 | -1,729,000 |
| Free Cash Flow | 19,592,000 | 27,466,000 | 8,511,000 |
| Net Income | 4,437,000 | 7,327,000 | 8,725,000 |
| Net Change in Cash | -9,532,000 | -12,836,000 | 2,386,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2028 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 42,788,941.254 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 44,559,954.615 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 43,797,897.780 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 17,935,913.746 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 19,314,801.455 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 18,625,357.600 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 12,609,899.786 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 13,655,078.464 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 13,132,489.125 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 12,328,617.355 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 12,838,892.800 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 12,619,324.219 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 18.210 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 18.880 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 17.430 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 5 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 4 | Research Access | Research Access | Research Access | Research Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
At what price to buy it? -
Intrinsic Value Calculator
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
[intrinsic_calculator]
Common questions about BMO.TO valuation
Is Bank of Montreal (BMO.TO) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Bank of Montreal (BMO.TO) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is BMO.TO a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether BMO.TO trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is BMO.TO’s P/E ratio?
You can see BMO.TO’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for BMO.TO?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is BMO.TO a good long-term investment?
Whether BMO.TO fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
BMO.TO
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
-0.53
Trading Metrics:
| Open: | 241.29 | Previous Close: | 242.76 | |
| Day Low: | 241 | Day High: | 243.77 | |
| Year Low: | 168.92 | Year High: | 259.2 | |
| Price Avg 50: | 248.94 | Price Avg 200: | 210.72 | |
| Volume: | 1.174M | Average Volume: | 2.314M |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's free