YouTube · Q2 FY2026 · 2026-05-27
BMO · NYSE
Bank of Montreal
Banks - Diversified · Canada
- Market cap (USD)
- US$121.29B
- Trailing P/E
- 19.87x
- Forward P/E
- 14.83x
- Quarterly revenue growth
- 12.0%
- Trailing net margin
- 25.7%
- Indicated dividend yield
- 2.8%
Snapshot 2026-09-20 · Latest financial period 2026-07-31 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-12-02 (provider estimate, not issuer-confirmed).
Company background
Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian Personal and Commercial Banking; U.S. Banking; Wealth Management; and Capital Markets segments. The company offers checking accounts, savings, money markets and certificates of deposits, debit cards, overdrafts, digital banking, credit cards, loans, mortgages, investment and retirement options, 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. It also offers investing, banking, and wealth management advisory; digital investing services; financial solutions for individuals, families, and businesses; offers investment management services to institutional, retail, and high net worth investors; and diversified insurance, and wealth and pension de-risking solutions. In addition, the company provides individual life, critical illness and annuity products, as well as segregated funds, and group creditor and travel insurance to customers; debt and equity capital-raising, loan origination and syndication, balance sheet management, treasury management, mergers and acquisitions advice, restructurings and recapitalizations, trade finance, and risk mitigation services, as well as a range of banking and other operating services. Further, the company 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; provides new product development and origination services, as well as risk management and advisory services for hedging strategies, including in interest rates, foreign exchange rates and commodities prices; and funding and liquidity management services. Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada.
Company websiteQ2 FY2026
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Comparable businesses
BMO peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | BMOBank of MontrealSnapshot 2026-09-20Financial period: 2026-07-31 | BNSThe Bank of Nova ScotiaSnapshot 2026-09-20Financial period: 2026-07-31 | CMCanadian Imperial Bank of CommerceSnapshot 2026-09-20Financial period: 2026-07-31 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$121.29B | US$114.66B | US$104.29B | US$109.47Bn=2 |
| Forward P/EProvider forward earnings estimate | 14.83x | 13.87x | 14.12x | 13.99xn=2 |
| Revenue growthLatest quarter vs prior-year quarter | 12.0% | 11.7% | 16.6% | 14.2%n=2 |
| Trailing P/ETrailing twelve-month earnings | 19.87x | 17.20x | 15.44x | 16.32xn=2 |
| Price / bookPrice / positive book equity per share | 2.00x | 1.78x | 2.23x | 2.00xn=2 |
| EV / salesEnterprise value / trailing revenue | — | — | — | — |
| Earnings growthLatest quarter vs prior-year quarter | -24.2% | 23.4% | 14.9% | 19.1%n=2 |
| Gross marginTrailing twelve months | — | — | — | — |
| Net marginTrailing twelve months | 25.7% | 28.4% | 33.7% | 31.1%n=2 |
| Return on equityProvider trailing return; positive equity only | 10.6% | 11.5% | 15.6% | 13.5%n=2 |
| Free cash flow marginTrailing free cash flow / revenue | — | — | — | — |
| Dividend yieldIndicated annual dividend / price | 2.8% | 3.5% | 2.7% | 3.1%n=2 |
| Earnings payoutProvider trailing dividend payout | 54.4% | 58.0% | 40.1% | 49.1%n=2 |
| Current ratioCurrent assets / current liabilities | — | — | — | — |
| BetaProvider historical market sensitivity | 1.13 | 1.21 | 1.25 | 1.23n=2 |
YouTube · Q2 FY2026 · 2026-05-27
YouTube · Q2 FY2026 · 2026-05-29
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
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Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
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Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for BMO
Q2 FY20262026-05-27
BMO Stock: HOLD Call - PCL Normalizes Q2 FY2026
Presentation · 2026-05-27 · YouTube