Bank Of Montreal Stock Net Income

BMO Stock  USD 97.68  1.30  1.35%   
Bank Of Montreal fundamentals help investors to digest information that contributes to Bank Of Montreal's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank Of Montreal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bank Of Montreal stock.
As of the 28th of March 2024, Net Income is likely to drop to about 3.7 B. In addition to that, Net Income From Continuing Ops is likely to drop to about 2.7 B.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Bank Net Income Analysis

Bank Of Montreal's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Bank Of Montreal Net Income

3.66 Billion

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Bank Of Montreal Net Income

    
  4.38 B  
Most of Bank Of Montreal's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bank Of Montreal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Bank Net Income Historical Pattern

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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Bank Of Montreal net income as a starting point in their analysis.
   Bank Of Montreal Net Income   
       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Bank Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

1.24 Billion

At this time, Bank Of Montreal's Accumulated Other Comprehensive Income is very stable compared to the past year.
Based on the recorded statements, Bank Of Montreal reported net income of 4.38 B. This is 242.64% higher than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is significantly lower than that of the firm.

Bank Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank Of Montreal's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bank Of Montreal could also be used in its relative valuation, which is a method of valuing Bank Of Montreal by comparing valuation metrics of similar companies.
Bank Of Montreal is currently under evaluation in net income category among related companies.

Bank Of Montreal ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Bank Of Montreal's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bank Of Montreal's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Bank Of Montreal Institutional Holders

Institutional Holdings refers to the ownership stake in Bank Of Montreal that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Bank Of Montreal's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Bank Of Montreal's value.
Shares
Norges Bank2023-12-31
8.2 M
Beutel, Goodman & Company Ltd.2023-12-31
5.8 M
1832 Asset Management L.p2023-12-31
5.7 M
Caisse De Depot Et Placement Du Quebec2023-12-31
5.6 M
Manufacturers Life Insurance Co2023-12-31
5.5 M
Goldman Sachs Group Inc2023-12-31
5.5 M
Legal & General Group Plc2023-12-31
5.4 M
Connor Clark & Lunn Inv Mgmt Ltd2023-12-31
M
Bank Of America Corp2023-12-31
3.6 M
Royal Bank Of Canada2023-12-31
66.2 M
Vanguard Group Inc2023-12-31
28.1 M

Bank Fundamentals

About Bank Of Montreal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bank Of Montreal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank Of Montreal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank Of Montreal based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Net Income5.2 B3.7 B
Net Income From Continuing Ops5.2 B2.7 B
Net Income Applicable To Common Shares5.2 B3.9 B
Net Income Per E B T 0.67  0.60 

Pair Trading with Bank Of Montreal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank Of Montreal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank Of Montreal will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bank Stock

  0.82RY Royal Bank Financial Report 23rd of May 2024 PairCorr
  0.77TD Toronto Dominion Bank Financial Report 23rd of May 2024 PairCorr

Moving against Bank Stock

  0.52JPM-PJ JPMorgan ChasePairCorr
  0.48BAC-PB Bank Of AmericaPairCorr
  0.41JPM-PK JPMorgan ChasePairCorr
The ability to find closely correlated positions to Bank Of Montreal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank Of Montreal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank Of Montreal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank Of Montreal to buy it.
The correlation of Bank Of Montreal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank Of Montreal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Of Montreal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank Of Montreal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Bank Of Montreal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank Of Montreal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of Montreal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of Montreal Stock:
Check out Bank Of Montreal Piotroski F Score and Bank Of Montreal Altman Z Score analysis.
To learn how to invest in Bank Stock, please use our How to Invest in Bank Of Montreal guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Bank Stock analysis

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.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Global Correlations
Find global opportunities by holding instruments from different markets
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
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
5.35
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.