Bank of Montreal Financials
| BMO Stock | USD 93.82 0.83 0.89% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Net Profit Margin | 0.11 | 0.12 |
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| Return On Assets | 0.0055 | 0.003 |
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| Return On Equity | 0.0619 | 0.0652 |
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| Debt Equity Ratio | 3.05 | 2.91 |
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| Operating Income | 11.1 B | 6.7 B |
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| Current Ratio | 1.07 | 1.13 |
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The financial analysis of Bank of Montreal is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Bank of Montreal includes many different criteria found on its balance sheet. For example, investors should never minimize Bank of Montreal's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Bank of Montreal's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Bank of Montreal.
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With this module, you can analyze Bank financials for your investing period. You should be able to track the changes in Bank of Montreal individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
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Understanding current and past Bank of Montreal Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bank of Montreal's financial statements are interrelated, with each one affecting the others. For example, an increase in Bank of Montreal's assets may result in an increase in income on the income statement.
The data published in Bank of Montreal's official financial statements usually reflect Bank of Montreal's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Bank of Montreal. For example, before you start analyzing numbers published by Bank accountants, it's critical to develop an understanding of what Bank of Montreal's liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.
Please note, the presentation of Bank of Montreal's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bank of Montreal's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Bank of Montreal's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Bank of Montreal. Please utilize our Beneish M Score to check the likelihood of Bank of Montreal's management manipulating its earnings.
Bank of Montreal Stock Summary
Bank of Montreal competes with Canadian Imperial, Toronto Dominion, Royal Bank, Citigroup, and Bank of Nova Scotia. Bank of Montreal provides diversified financial services primarily in North America. Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada. Bank Of Montreal is traded on New York Stock Exchange in the United States.| Foreign Associate | Canada |
Specialization | Financial Services, Banks - Diversified |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | CA0636711016 |
| CUSIP | 063671101 |
| Location | Ontario; Canada |
| Business Address | 129 rue Saint-Jacques, |
| Sector | Banks |
| Industry | Financials |
| Benchmark | NYSE Composite |
| Website | www.bmo.com |
| Phone | 416 867 7366 |
| Currency | USD - US Dollar |
You should never invest in Bank of Montreal without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Bank Stock, because this is throwing your money away. Analyzing the key information contained in Bank of Montreal's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Bank of Montreal Key Financial Ratios
Generally speaking, Bank of Montreal's financial ratios allow both analysts and investors to convert raw data from Bank of Montreal's financial statements into concise, actionable information that can be used to evaluate the performance of Bank of Montreal over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Bank of Montreal reports annually and quarterly.| Return On Equity | 0.0728 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.27 % |
Bank of Montreal Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 852.2B | 949.3B | 988.2B | 1.1T | 1.3T | 626.6B | |
| Net Debt | 120.6B | 88.2B | 129.4B | 166.7B | 191.7B | 201.3B | |
| Retained Earnings | 28.7B | 30.7B | 35.5B | 45.1B | 44.9B | 6.3B | |
| Cash | 56.8B | 66.4B | 101.6B | 93.2B | 82.1B | 383.7B | |
| Other Assets | 523.9B | 600.0B | 614.3B | 727.4B | 816.5B | 24.5B | |
| Total Liab | 801.1B | 892.7B | 930.7B | 1.1T | 1.2T | 590.8B | |
| Total Current Assets | 101.2B | 128.7B | 126.3B | 126.1B | 145.0B | 90.6B | |
| Accounts Payable | 12.5B | 13.0B | 13.8B | 16.9B | 19.7B | 1.1B | |
| Net Receivables | 6.0B | 5.9B | 6.7B | 8.1B | 11.8B | 990.9M | |
| Other Current Assets | 295.6B | 334.1B | 335.9B | 342.2B | 393.5B | 315.0B | |
| Short Term Debt | 81.2B | 86.3B | 96.1B | 108.5B | 124.8B | 131.1B | |
| Other Current Liab | (93.6B) | (94.2B) | (100.1B) | (113.0B) | (128.3B) | 636.2B | |
| Other Liab | 11.7B | 4.8B | 4.8B | 11.5B | 19.1B | 208.5B | |
| Net Tangible Assets | 37.6B | 42.9B | 46.2B | 60.9B | 51.8B | 62.2B | |
| Long Term Debt | 29.4B | 29.8B | 25.1B | 25.9B | 136.7B | 109.4B | |
| Good Will | 6.3B | 6.5B | 5.4B | 5.3B | 16.7B | 4.1B | |
| Inventory | (295.6B) | (334.1B) | (335.9B) | (342.2B) | (308.0B) | (292.6B) | |
| Short Long Term Debt | 28.6B | 86.3B | 96.1B | 108.5B | 124.8B | 131.1B | |
| Intangible Assets | 2.4B | 2.4B | 2.3B | 2.2B | 5.2B | 2.0B | |
| Common Stock | 13.0B | 13.5B | 13.6B | 17.7B | 22.9B | 10.7B | |
| Long Term Debt Total | 29.4B | 32.2B | 27.8B | 28.8B | 33.1B | 30.2B |
Bank of Montreal Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Bank of Montreal's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Revenue | 25.3B | 25.0B | 26.9B | 520M | 33.1B | 54.9B | |
| Operating Income | 6.3B | 10.3B | 28.9B | 5.9B | 6.7B | 11.1B | |
| Ebit | 7.3B | 6.3B | 10.3B | 28.9B | 5.9B | 11.6B | |
| Ebitda | 7.8B | 11.7B | 30.3B | 8.0B | 9.1B | 11.9B | |
| Income Before Tax | 7.3B | 6.3B | 10.3B | 17.9B | 5.9B | 4.9B | |
| Net Income | 5.8B | 5.1B | 7.8B | 13.5B | 4.4B | 3.7B | |
| Income Tax Expense | 1.5B | 1.3B | 2.5B | 4.3B | 1.5B | 1.2B | |
| Tax Provision | 1.3B | 2.5B | 4.3B | 1.5B | 1.7B | 2.0B | |
| Net Interest Income | 14.0B | 14.3B | 15.9B | 18.7B | 21.5B | 14.3B | |
| Interest Income | 23.3B | 19.9B | 26.9B | 55.6B | 63.9B | 67.1B |
Bank of Montreal Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Bank of Montreal. It measures of how well Bank is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Bank of Montreal brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Bank had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Bank of Montreal has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 6.7B | 8.6B | 35.9B | (5.8B) | (9.5B) | (1.8B) | |
| Free Cash Flow | 49.8B | 43.1B | 3.5B | 7.9B | 9.1B | 5.4B | |
| Depreciation | 1.4B | 1.4B | 1.4B | 2.1B | 2.4B | 2.5B | |
| Other Non Cash Items | 197M | 140M | (318M) | 2.0B | 2.3B | 2.4B | |
| Dividends Paid | 2.8B | 2.5B | 3.0B | 2.6B | 2.7B | 3.9B | |
| Capital Expenditures | 1.1B | 1.0B | 983M | 1.4B | 1.7B | 5.2B | |
| Net Income | 5.8B | 5.1B | 7.8B | 13.5B | 4.4B | 3.7B | |
| End Period Cash Flow | 48.8B | 57.4B | 93.3B | 87.5B | 77.9B | 26.3B | |
| Change To Inventory | (24.1B) | (40.0B) | (26.9B) | (12.3B) | (11.1B) | (11.6B) | |
| Investments | (32.0B) | 621M | (29.5B) | (21.2B) | (19.0B) | (18.1B) | |
| Net Borrowings | (824M) | (9B) | (1.3B) | 14.7B | (1.0B) | (2.9B) | |
| Change To Netincome | 623M | 2.8B | 208M | 61M | 1.3B | 17.0B |
Bank Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bank of Montreal's current stock value. Our valuation model uses many indicators to compare Bank of Montreal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bank of Montreal competition to find correlations between indicators driving Bank of Montreal's intrinsic value. More Info.Bank of Montreal is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies reporting about 0.06 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bank of Montreal is roughly 16.18 . At this time, Bank of Montreal's Return On Equity is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Bank of Montreal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bank of Montreal's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bank of Montreal's earnings, one of the primary drivers of an investment's value.Bank of Montreal Systematic Risk
Bank of Montreal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bank of Montreal volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was eight with a total number of output elements of fifty-three. The Beta measures systematic risk based on how returns on Bank of Montreal correlated with the market. If Beta is less than 0 Bank of Montreal generally moves in the opposite direction as compared to the market. If Bank of Montreal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bank of Montreal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bank of Montreal is generally in the same direction as the market. If Beta > 1 Bank of Montreal moves generally in the same direction as, but more than the movement of the benchmark.
About Bank of Montreal Financials
What exactly are Bank of Montreal Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Bank of Montreal's income statement, its balance sheet, and the statement of cash flows. Potential Bank of Montreal investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Bank of Montreal investors may use each financial statement separately, they are all related. The changes in Bank of Montreal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bank of Montreal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Bank of Montreal Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Bank of Montreal is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Bank has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Bank of Montreal's financials are consistent with your investment objective using the following steps:- Review Bank of Montreal's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Bank of Montreal's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Bank of Montreal's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Bank of Montreal's stock is overvalued or undervalued.
Today, most investors in Bank of Montreal Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bank of Montreal's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Bank of Montreal growth as a starting point in their analysis.
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Bank of Montreal April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bank of Montreal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bank of Montreal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bank of Montreal based on widely used predictive technical indicators. In general, we focus on analyzing Bank Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bank of Montreal's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.52 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.02 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.15 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Montreal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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When running Bank of Montreal's price analysis, check to measure Bank of Montreal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Montreal is operating at the current time. Most of Bank of Montreal's value examination focuses on studying past and present price action to predict the probability of Bank of Montreal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Montreal's price. Additionally, you may evaluate how the addition of Bank of Montreal to your portfolios can decrease your overall portfolio volatility.
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Is Bank of Montreal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of Montreal. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of Montreal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 11.567 | Dividend Share 5.88 | Earnings Share 5.28 | Revenue Per Share 43.463 | Quarterly Revenue Growth 0.443 |
The market value of Bank of Montreal is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Montreal's value that differs from its market value or its book value, called intrinsic value, which is Bank of Montreal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of Montreal's market value can be influenced by many factors that don't directly affect Bank of Montreal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of Montreal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Montreal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Montreal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.