Bank Of Montreal (NYSE:BMO) Reaches New 1-Year High – Here’s Why

Posted by Geri Gentry on Aug 13th, 2026

Bank Of Montreal (NYSE:BMO – Get Free Report) (TSE:BMO)’s share price reached a new 52-week high on Thursday . The stock traded as high as $184.82 and last traded at $183.2260, with a volume of 29444 shares trading hands. The stock had previously closed at $183.57.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Weiss Ratings lowered shares of Bank Of Montreal from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, July 23rd. Raymond James Financial reiterated an “outperform” rating on shares of Bank Of Montreal in a research report on Tuesday, May 12th. TD Securities reissued a “buy” rating on shares of Bank Of Montreal in a research note on Wednesday. Desjardins restated a “hold” rating on shares of Bank Of Montreal in a research report on Thursday, May 28th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Bank Of Montreal in a research note on Tuesday, June 16th. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $163.00.

View Our Latest Analysis on Bank Of Montreal

Bank Of Montreal Stock Performance

The stock has a market capitalization of $127.84 billion, a PE ratio of 19.48, a P/E/G ratio of 1.01 and a beta of 0.94. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.02 and a current ratio of 1.02. The firm’s 50 day moving average is $175.62 and its two-hundred day moving average is $156.36.

Bank Of Montreal (NYSE:BMO – Get Free Report) (TSE:BMO) last issued its quarterly earnings results on Wednesday, May 27th. The bank reported $2.68 EPS for the quarter, beating the consensus estimate of $2.54 by $0.14. The company had revenue of $7.04 billion during the quarter, compared to analysts’ expectations of $6.98 billion. Bank Of Montreal had a net margin of 12.60% and a return on equity of 13.04%. The firm’s revenue was up 10.2% compared to the same quarter last year. During the same quarter last year, the company posted $2.62 EPS. As a group, research analysts predict that Bank Of Montreal will post 11.81 earnings per share for the current year.

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 Thursday, July 30th will be paid a $1.71 dividend. 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 3.7%. Bank Of Montreal’s payout ratio is 51.06%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC increased its holdings in Bank Of Montreal by 87.1% during the 1st quarter. AQR Capital Management LLC now owns 5,742 shares of the bank’s stock worth $548,000 after purchasing an additional 2,673 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of Bank Of Montreal in the 2nd quarter valued at about $1,018,000. Cerity Partners LLC boosted its stake in shares of Bank Of Montreal by 1.4% in the 2nd quarter. Cerity Partners LLC now owns 12,364 shares of the bank’s stock valued at $1,368,000 after buying an additional 167 shares during the period. Qube Research & Technologies Ltd grew its position 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 worth $45,518,000 after buying an additional 256,755 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position 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 worth $310,000 after buying an additional 2,751 shares in the last quarter. 45.82% of the stock is owned by institutional investors and hedge funds.

Bank Of Montreal Company Profile

(Get Free Report)

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.