Bank of Montreal stock | 2026 price target, earnings & valuation

Bank of Montreal

TSX:BMO

C$ 183,56

C$-5,91 (-3,12%)

183,56 C$

C$-5,91 (-3,12%)

End-of-day quote: 03/26/2026

Bank of Montreal Stock Value

Currently, analysts rate TSX:BMO as Hold.

Hold

Bank of Montreal Company Info

EPS Growth 5Y

9,54%

Market Cap

C$129,40 B

Long-Term Debt

C$70,25 B

Short Interest

3,78%

Quarterly earnings

05/28/2026 (E)

Dividend

C$6,48

Dividend Yield

3,53%

Founded

1817

Industry

Financials

Country

Canada

ISIN Number

CA0636711016

Website

http://www.bmo.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

C$206,50

12.5%

Last Update: 03/27/2026

Analysts: 14

Highest Price Target C$224,00

Average Price Target C$206,50

Lowest Price Target C$171,00

In the last five quarters, Bank of Montreal’s Price Target has risen from C$77,91 to C$132,86 - a 70,53% increase. Thridteen analysts predict that Bank of Montreal’s share price will increase in the coming year, reaching C$206,50. This would represent an increase of 12,50%.

Top growth stocks in the financials sector (5Y.)

What does Bank of Montreal do?

Bank of Montreal operates as a financial services provider, offering a broad range of personal and commercial banking, wealth management, global markets, and investment banking products and services directly and through Canadian and non-Canadian subsidiaries, offices, and branches. The company operates automated banking machines, as well as online and mobile digital banking platforms. The company operates in Canada, the United States, and select markets globally through its offices in a number...

The company operates automated banking machines, as well as online and mobile digital banking platforms. The company operates in Canada, the United States, and select markets globally through its offices in a number of jurisdictions around the world. BMO Financial Corp. (BFC) is based in Chicago and wholly-owned by the company. BFC operates primarily through its subsidiary BMO Bank N.A. (BBNA), which provides banking, financing, investing, and cash management services in the United States. The company provides a range of investment dealer services through entities, including BMO Nesbitt Burns Inc., a major fully integrated Canadian investment dealer, and BMO Capital Markets Corp., Bank of Montreal’s wholly-owned registered broker dealer in the United States.

Segments

The company conducts business through three operating groups: Personal and Commercial Banking (P&C), comprising the Canadian P&C and U.S. P&C operating segments; BMO Wealth Management; and BMO Capital Markets.

Personal and Commercial Banking (P&C)

In P&C, the company serves millions of customers across Canada and the United States.

Canadian Personal and Commercial Banking

Canadian Personal and Commercial Banking provides financial products and services to nearly eight million customers. Personal and Business Banking helps customers make real financial progress through a network of branches, contact centers, digital banking platforms, and automated teller machines. Commercial Banking serves clients across Canada, offering valuable industry expertise, local presence and a comprehensive range of commercial products and services.

Lines of Business

Personal and Business Banking (P&BB) offers a range of everyday banking products and services, including deposits, home lending, consumer credit, small business lending, credit cards, cash management, everyday financial and investment advice, and other banking services. In Canada, P&BB serves customers through a network of branches, automated banking machines, customer contact centers, and digital banking platforms.

Commercial Banking provides clients with a comprehensive range of commercial products and services, including a variety of financing options and treasury and payment solutions, as well as risk management products. The company’s commercial bankers’ partner with clients to anticipate their financial needs, and offer valuable expertise and industry knowledge to help them manage and grow their businesses.

U.S. Personal and Commercial Banking

U.S. Personal and Commercial Banking provides financial products and services to four million customers. Personal and Business Banking helps customers make real financial progress through an extensive network of branches, with nationwide access to contact centers, digital banking platforms, and BMO and Allpoint automated teller machines. Commercial Banking serves clients across the United States, offering valuable industry expertise, local presence, and a comprehensive range of commercial products and services.

Lines of Business

Personal and Business Banking (P&BB) provides customers with a wide range of products and services, including deposits, home lending, consumer credit, small business lending, credit cards, cash management, and other banking services, with an overall focus on providing an exceptional customer experience and helping them make real financial progress.

BMO Wealth Management

BMO Wealth Management serves a full range of clients, from individuals and families to business owners and institutions, offering a wide spectrum of wealth, asset management, and insurance products and services for helping clients make real financial progress through planning, growing, protecting, and transitioning their wealth. The company’s asset management business is focused on making a positive impact and delivering innovative financial solutions and strategies for its clients.

Lines of Business

BMO North American Private Wealth provides full-service investing, banking, and wealth advisory services to mass affluent, high net worth, and ultra-high net worth clients, leveraging individualized financial planning and advice-based solutions, such as investment management, business succession planning, trust and estate services, and philanthropy.

BMO InvestorLine leads Wealth Management’s digital investing services, offering three ways for Canadian clients to invest: a self-directed online trading platform for investors who want to be in control of their investments; adviceDirect for investors who want to make their own investment decisions with personalized advice and support; and SmartFolio for investors who want low-fee, professionally managed portfolios aligned with their investment objectives.

BMO Global Asset Management provides investment management services to institutional, retail, and high net worth investors, offering a wide range of innovative, client-focused solutions and strategies to help clients meet their investment objectives.

BMO Insurance is a diversified insurance and wealth solutions provider and a leader in pension de-risking solutions. The group manufactures individual life, critical illness, and annuity products, as well as segregated funds.

BMO Capital Markets

BMO Capital Markets offers a comprehensive range of products and services to corporate, institutional, and government clients. BMO Capital Markets has approximately 2,700 professionals in 30 locations around the world, supporting the growth aspirations of its clients across the enterprise.

Lines of Business

Investment and Corporate Banking offers debt and equity capital-raising services to clients, as well as loan origination and syndication, balance sheet management solutions, and treasury management services. The line of business also provides clients with strategic advice on mergers and acquisitions, restructurings and recapitalizations, trade finance, and risk mitigation services to support international business activities, along with a wide range of banking and other operating services tailored to North American and international financial institutions.

Global Markets 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. New product development and origination services are also offered, as well as risk management and advisory services for hedging strategies, including in interest rates, foreign exchange rates and commodities prices. In addition, Global Markets provides funding and liquidity management services to clients.

Corporate Services, including Technology and Operations

Corporate Services consists of Corporate Units and Technology and Operations (T&O). Corporate Units provide enterprise-wide expertise, governance, and support in a variety of areas, including strategic planning, risk management, treasury, finance, legal and regulatory compliance, sustainability, human resources, communications, marketing, real estate, and procurement. T&O develops, monitors, manages, and maintains governance of information technology, including data and analytics, and provides cybersecurity and operations services.

Corporate Services focuses on enterprise-wide priorities related to maintaining a sound risk management and internal control environment and regulatory compliance, including the management, assessment, and monitoring of the company’s investment portfolios, funding, liquidity and capital activities, and exposure to credit, foreign exchange, and interest rate risks. In support of the operating segments, Corporate Services develops and implements enterprise-wide processes, systems, and controls to maintain operating efficiency and enable its businesses to adapt and meet their customer experience objectives.

Enterprise-Wide Risk Management

As a diversified financial services company providing banking, wealth management, capital markets, and insurance services, it is exposed to a variety of risks that are inherent in each of these business activities.

Strategy

The company’s group strategic priorities align with and support its enterprise-wide strategy, positioning it well to drive competitive performance.

Supervision and Regulation in Canada

The company’s activities in Canada are governed by the Bank Act. The company’s Canadian trust, loan and insurance subsidiaries are federally regulated financial institutions governed by the Trust and Loan Companies Act (Canada) and the Insurance Companies Act (Canada), respectively, and under provincial laws in respect of their activities in the provinces. The company and its Canadian trust, loan and insurance subsidiaries are also subject to regulation by the Financial Consumer Agency of Canada (the FCAC). The FCAC enforces consumer-related provisions of the federal statutes which govern these financial institutions. Certain activities of the company and its subsidiaries acting as securities brokers, dealers, underwriters, advisors, and investment fund managers are regulated in Canada under provincial securities legislation and, in some cases, by a self-regulatory organization (the Investment Industry Regulatory Organization of Canada).

Supervision and Regulation in the United States

In the United States, the operations of the company and its subsidiaries are supervised, regulated, and examined by regulatory and government agencies at the federal and state level. As a foreign bank, the company is subject to various U.S. laws and regulations, including the United States International Banking Act of 1978, the United States Bank Holding Company Act of 1956, and related regulations. The Board of Governors of the Federal Reserve System, including the Federal Reserve Banks (the Federal Reserve), and state banking regulators oversee the company’s branch and office operations in the United States. The U.S. Securities and Exchange Commission (the SEC), the Financial Industry Regulatory Authority, and state securities regulators regulate the company’s broker-dealer subsidiaries. The SEC and state securities regulators regulate the company’s registered investment advisor subsidiaries.

The company and its subsidiaries own two Federal Deposit Insurance Corporation (FDIC) insured depository institutions in the United States, BBNA and BMO Harris Central N.A. (BHC). BBNA provides banking, financing, investing, and cash management services across the United States. BHC provides limited cash management services. They are both supervised and regulated by the Office of the Comptroller of the Currency (OCC). The company is also subject to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) and related regulations.

International Supervision and Regulation

Outside Canada and the U.S., each of the company’s branches, agencies, and subsidiaries must comply with the regulatory requirements of the country or jurisdiction where it conducts business. These include the Basel Committee on Banking Supervision capital, liquidity and prudential rules (Basel III), or local variations on Basel III, which are intended to strengthen the banking sector’s capital and liquidity frameworks.

History

Bank of Montreal was founded in 1817. The company was incorporated in 1821 by an Act of Lower Canada as the first Canadian chartered bank. Since 1871, the company has been a chartered bank under the Bank Act (Canada) (the Bank Act) and is named in Schedule I of the Bank Act.

Bank of Montreal Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Distribution of revenues by industry:** - **Retail banking:** approx. 40% - **Corporate banking:** approx. 30% - **Capital markets:** approx. 20% - **Wealth management:** approx. 10% **TOP 3 markets and their percentage shares:** - **Canada:** approx. 55% - **USA:** approx. 35% - **International...

At which locations are the company’s products manufactured?

**Production locations:** Canada, USA The Bank of Montreal (BMO) is one of the largest banks in Canada and primarily offers financial services. As a financial institution, BMO does not produce physical products in the traditional sense. Their "products" are rather services such as loans,...

What strategy does Bank of Montreal pursue for future growth?

**Core Strategy:** Expansion in the USA **Digitalization:** Investments in Technology **Sustainability:** Focus on ESG Criteria The Bank of Montreal (BMO) is pursuing a growth strategy that is strongly focused on expanding into the US market. This includes both organic growth and strategic acqu...

Which raw materials are imported and from which countries?

I'm sorry, but I don't have specific information about which raw materials or materials the Bank of Montreal (TSX:BMO) imports, as banks typically do not import physical raw materials or materials. Banks are financial institutions that offer services such as lending, deposit management, an...

How strong is the company’s competitive advantage?

**Market share in Canada:** 14% (2024, estimate) **Return on Equity (ROE):** 13.5% (2024) **Common Equity Tier 1 Ratio (CET1):** 12.1% (2024) The Bank of Montreal (BMO) holds a significant market share of about 14% in Canada, making it one of the leading financial institutions in the country. Its c...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 60% (estimated for 2025) **Insider Purchases/Sales:** No significant transactions in the last quarter (2025) The institutional investor share at the Bank of Montreal is approximately 60%, which is typical for large Canadian banks. These investors include pension f...

What percentage market share does Bank of Montreal have?

**Market share of the Bank of Montreal (BMO):** 10% (estimated, 2025) **Main competitors and their market shares:** 1. Royal Bank of Canada (RBC): 20% 2. Toronto-Dominion Bank (TD): 18% 3. Scotiabank: 15% 4. Bank of Montreal (BMO): 10% 5. Canadian Imperial Bank of Commerce (CIBC): 9% 6. National Ba...

Is Bank of Montreal stock currently a good investment?

**Revenue growth:** 8% (2024) **Profit growth:** 6% (2024) **Dividend yield:** 4.5% (2024) The Bank of Montreal (BMO) recorded solid revenue growth of 8% in 2024, attributable to strong performance in its core business areas. The 6% profit growth indicates that the bank operates efficiently and man...

Does Bank of Montreal pay a dividend – and how reliable is the payout?

**Dividend Yield:** 4.3% (2025, estimated) **Payout Ratio:** 45% (2025, estimated) The Bank of Montreal (BMO) has a long tradition of paying dividends and is considered a reliable dividend payer. The current dividend yield is approximately 4.3%, which is competitive compared to other Canadian ban...

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Bank of Montreal Stock Value

Bank of Montreal Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the financials sector (5Y.)

What does Bank of Montreal do?

Bank of Montreal Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Bank of Montreal Stock Value

Bank of Montreal Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the financials sector (5Y.)

What does Bank of Montreal do?

Bank of Montreal Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.