NYSE · BMO
Bank of Montreal
Financial Services · Banks - Diversified
$162.59▲ 1.18% ($1.89)at close
After hours$160.15▼ 1.50%7:34 PM ET
Valuation
P/E Valuation
Verdict: cheap. Price below all scenarios.
Estimated value / share · Base
$177.91
+9%Price vs. estimate range
Assumption scenarios, not confidence intervals
Bear $183.71, Base $177.91, Bull $172.96; price used $162.59
Bear $183.71, Base $177.91, Bull $172.96; price used $162.59
- P/E multiple
- 13.9×
- Earnings basis
- Trailing EPS
USD · Trailing earnings · Price Oct 9, 8:00 PM UTC
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 28.62% over the last year. Income grew 15.62% over the trailing twelve months. Operating margin moved from 37.46% to 34.78%. The price is in USD and the financials are reported in CAD, so a currency move can look like a change in valuation.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 38th percentile of their historical P/E range.
What would invalidate this read
Operating margin is at 34.78%. Income grew 15.62% — this thesis depends on that trajectory holding. If income growth or margins roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Return analysis
Company profile
Bank of Montreal engages in the provision of diversified financial services primarily in North America.
Market multiples
Stock splits
Every 1 shares became 2
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
8
Buy
8
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Actuals vs estimates by quarter, or any quarter against the same one a year earlier.
Next report
Dec 2, 2026
Q4 FY26 · EPS est $2.62 · Revenue est $7.0B
Same quarter, year over year
FY26 YTD +27.3%Each cell vs the same quarter a year earlier (the cell below) · Q1–Q3 combined $8.03 vs $6.31 · all 3 quarters up
Q1
Q2
Q3
Q4
FY total
FY26
—
FY25
FY24
FY23
—
—
—
—
Fiscal year totals
- FY25
- $8.67
- +22.1%
- FY24
- $7.10
- —
Q3 FY26
Reported Aug 25, 2026 · Latest
HoverTap a cell to inspect
Actual
$2.84
Estimate
$2.71
Year over year
+21.9%
Vs prior quarter
+6.0%
Institutional Sentiment
Bank of Montreal · BMO
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.