BMO Q3 EPS Forecast Cut by National Bank Financial

Bank of Montreal (NYSE:BMO) (TSE:BMO) – Equities researchers at National Bank Financial lowered their Q3 2025 EPS estimates for Bank of Montreal in a research note issued on Thursday, May 15th. National Bank Financial analyst G. Dechaine now forecasts that the bank will post earnings of $2.12 per share for the quarter, down from their prior estimate of $2.16. The consensus estimate for Bank of Montreal’s current full-year earnings is $7.71 per share.

Bank of Montreal (NYSE:BMO) (TSE:BMO) last released its quarterly earnings results on Tuesday, February 25th. The bank reported $3.04 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $1.36. Bank of Montreal had a return on equity of 10.18% and a net margin of 9.22%. The firm had revenue of $9.27 billion for the quarter, compared to analyst estimates of $8.58 billion. During the same quarter in the previous year, the company posted $2.56 EPS. The business’s revenue was up 20.8% on a year-over-year basis.

Other research analysts also recently issued research reports about the stock. CIBC downgraded shares of Bank of Montreal from a “sector outperform” rating to a “neutral” rating in a research report on Friday, April 4th. StockNews.com raised shares of Bank of Montreal from a “sell” rating to a “hold” rating in a research note on Friday, February 28th. Scotiabank assumed coverage on shares of Bank of Montreal in a research report on Thursday, May 15th. They set a “sector perform” rating on the stock. Royal Bank of Canada lifted their price objective on Bank of Montreal from $161.00 to $163.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 26th. Finally, Cibc World Mkts downgraded Bank of Montreal from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 4th. Ten research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $128.40.

Bank of Montreal Stock Performance

Shares of BMO stock opened at $103.49 on Monday. The stock has a market capitalization of $74.93 billion, a PE ratio of 14.83, a PEG ratio of 1.43 and a beta of 1.03. The business’s 50 day simple moving average is $95.82 and its 200 day simple moving average is $97.13. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.98 and a quick ratio of 0.98. Bank of Montreal has a one year low of $76.98 and a one year high of $106.00.

Institutional Trading of Bank of Montreal

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BMO. Vanguard Group Inc. boosted its holdings in Bank of Montreal by 1.6% in the first quarter. Vanguard Group Inc. now owns 30,997,776 shares of the bank’s stock worth $2,960,102,000 after acquiring an additional 503,027 shares in the last quarter. TD Asset Management Inc. raised its position in shares of Bank of Montreal by 2.8% during the fourth quarter. TD Asset Management Inc. now owns 17,615,141 shares of the bank’s stock worth $1,709,215,000 after purchasing an additional 486,984 shares during the period. Toronto Dominion Bank lifted its holdings in shares of Bank of Montreal by 8.6% in the 4th quarter. Toronto Dominion Bank now owns 12,833,065 shares of the bank’s stock worth $1,244,284,000 after purchasing an additional 1,020,712 shares in the last quarter. Mackenzie Financial Corp grew its position in Bank of Montreal by 15.4% in the 4th quarter. Mackenzie Financial Corp now owns 12,215,628 shares of the bank’s stock valued at $1,184,636,000 after purchasing an additional 1,630,962 shares during the period. Finally, Norges Bank acquired a new stake in Bank of Montreal in the 4th quarter valued at $1,014,633,000. 45.82% of the stock is owned by institutional investors.

Bank of Montreal Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Tuesday, April 29th will be given a dividend of $1.1094 per share. The ex-dividend date of this dividend is Tuesday, April 29th. This represents a $4.44 dividend on an annualized basis and a dividend yield of 4.29%. Bank of Montreal’s dividend payout ratio (DPR) is presently 57.35%.

Bank of Montreal Company Profile

Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments. The company’s personal banking products and services include deposits, mortgages, 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.