Ieq Capital LLC acquired a new stake in shares of Bank Of Montreal (NYSE:BMO – Free Report) (TSE:BMO) during the 2nd quarter, Holdings Channel reports. The fund acquired 8,624 shares of the bank’s stock, valued at approximately $1,524,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Versant Capital Management Inc lifted its stake in shares of Bank Of Montreal by 1.9% in the second quarter. Versant Capital Management Inc now owns 4,241 shares of the bank’s stock worth $749,000 after buying an additional 78 shares in the last quarter. Larson Financial Group LLC increased its position in shares of Bank Of Montreal by 33.2% during the fourth quarter. Larson Financial Group LLC now owns 317 shares of the bank’s stock valued at $41,000 after acquiring an additional 79 shares in the last quarter. Naples Global Advisors LLC raised its holdings in Bank Of Montreal by 0.5% in the 4th quarter. Naples Global Advisors LLC now owns 17,780 shares of the bank’s stock worth $2,308,000 after acquiring an additional 80 shares during the last quarter. Checchi Capital Advisers LLC lifted its position in Bank Of Montreal by 2.9% in the 1st quarter. Checchi Capital Advisers LLC now owns 3,141 shares of the bank’s stock valued at $425,000 after acquiring an additional 88 shares in the last quarter. Finally, Turn8 Private Wealth Inc. lifted its position in Bank Of Montreal by 0.8% in the 1st quarter. Turn8 Private Wealth Inc. now owns 11,215 shares of the bank’s stock valued at $1,514,000 after acquiring an additional 93 shares in the last quarter. 45.82% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the company. Keefe, Bruyette & Woods initiated coverage on Bank Of Montreal in a report on Friday, August 21st. They issued an “outperform” rating for the company. TD Securities reaffirmed a “buy” rating on shares of Bank Of Montreal in a research report on Wednesday, August 12th. Raymond James Financial reiterated an “outperform” rating on shares of Bank Of Montreal in a report on Tuesday, May 12th. Scotiabank reissued an “outperform” rating on shares of Bank Of Montreal in a research report on Wednesday. Finally, Weiss Ratings cut shares of Bank Of Montreal from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, July 23rd. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $163.00.
Bank Of Montreal Price Performance
Shares of BMO opened at $172.83 on Thursday. The firm has a market cap of $120.49 billion, a PE ratio of 19.51, a P/E/G ratio of 1.06 and a beta of 0.94. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.11. The firm has a fifty day simple moving average of $177.88 and a two-hundred day simple moving average of $159.11. Bank Of Montreal has a 1-year low of $118.13 and a 1-year high of $187.22.
Bank Of Montreal (NYSE:BMO – Get Free Report) (TSE:BMO) last released its quarterly earnings results 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. Bank Of Montreal had a return on equity of 13.60% and a net margin of 11.72%.The firm had revenue of $7.04 billion for the quarter, compared to the consensus estimate of $6.98 billion. During the same period last year, the business posted $2.62 EPS. The company’s revenue for the quarter was up 10.2% on a year-over-year basis. On average, equities analysts anticipate that Bank Of Montreal will post 10.49 EPS for the current year.
Bank Of Montreal Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, November 26th. Shareholders of record on Friday, October 30th will be issued a $1.71 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $6.84 dividend on an annualized basis and a yield of 4.0%. Bank Of Montreal’s dividend payout ratio is currently 51.06%.
Key Headlines Impacting 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.
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