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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. It also offers investing, banking, and wealth management advisory; digital investing services; financial solutions for individuals, families, and businesses; provides 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. The company was founded in 1817 and is headquartered in Montreal, Canada.
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| Breakdown | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 |
| Income before tax | 5863.00M | 17886.00M | 10258.00M | 6348.00M | 7272.00M |
| Minority interest | -12.00M | - | - | - | 0.00M |
| Net income | 4365.00M | 13537.00M | 7754.00M | 5097.00M | 5758.00M |
| Selling general administrative | 14268.00M | 8112.00M | 9721.00M | 10340.00M | 11973.00M |
| Reconciled depreciation | 2099.00M | 1384.00M | 1425.00M | 1421.00M | 989.00M |
| Other operating expenses | - | 872.00M | 2402.00M | 2918.00M | 4002.00M |
| Interest expense | 36893.00M | 11012.00M | 5577.00M | 9344.00M | 13264.00M |
| Tax provision | 1486.00M | 4349.00M | 2504.00M | 1251.00M | 1514.00M |
| Interest income | 55574.00M | 26897.00M | 19887.00M | 23315.00M | 26152.00M |
| Net interest income | 18681.00M | 15885.00M | 14310.00M | 13971.00M | 12888.00M |
| Income tax expense | - | 4349.00M | 2504.00M | 1251.00M | 1514.00M |
| Total revenue | 33055.00M | 25739.00M | 26909.00M | 25025.00M | 25332.00M |
| Net income from continuing ops | 4377.00M | 13537.00M | 7754.00M | 5097.00M | 5758.00M |
| Net income applicable to common shares | - | 13306.00M | 7510.00M | 4850.00M | 5547.00M |
| Breakdown | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 |
| Total assets | 1293276.00M | 1139199.00M | 988175.00M | 949261.00M | 852195.00M |
| Intangible assets | 5216.00M | 2193.00M | 2266.00M | 2442.00M | 2424.00M |
| Other current assets | - | 32604.00M | 25309.00M | 26862.00M | 32684.00M |
| Total liab | 1216239.00M | 1068161.00M | 930652.00M | 892668.00M | 801119.00M |
| Total stockholder equity | 77009.00M | 71038.00M | 57523.00M | 56593.00M | 51076.00M |
| Other current liab | - | 60062.00M | 53442.00M | 49591.00M | 55029.00M |
| Common stock | - | 17744.00M | 13599.00M | 13430.00M | 12971.00M |
| Capital stock | 26241.00M | 20394.00M | 17249.00M | 18172.00M | 18339.00M |
| Retained earnings | 44920.00M | 45117.00M | 35497.00M | 30745.00M | 28725.00M |
| Other liab | - | 11482.00M | 4837.00M | 5288.00M | 11652.00M |
| Good will | 16728.00M | 5285.00M | 5378.00M | 6535.00M | 6340.00M |
| Other assets | - | 558654.00M | 464985.00M | 453568.00M | 432313.00M |
| Cash | 82059.00M | 93200.00M | 104744.00M | 74187.00M | 58509.00M |
| Total current liabilities | - | 996134.00M | 871617.00M | 830514.00M | 732324.00M |
| Net debt | 163170.00M | 126606.00M | 82321.00M | 142940.00M | 142829.00M |
| Short long term debt | 108536.00M | 96072.00M | 86289.00M | 28630.00M | 20865.00M |
| Other stockholder equity | - | 5210.00M | 4464.00M | 7426.00M | 4387.00M |
| Property plant equipment | - | 5104.00M | 4869.00M | 4860.00M | 2925.00M |
| Total current assets | - | 402878.00M | 382239.00M | 345430.00M | 304658.00M |
| Long term investments | 322379.00M | 272916.00M | 232689.00M | 234260.00M | 189438.00M |
| Net tangible assets | - | 60910.00M | 46229.00M | 42926.00M | 37622.00M |
| Short term investments | 32251.00M | 25007.00M | 20408.00M | 73407.00M | 64515.00M |
| Net receivables | 9756.00M | 7617.00M | 6959.00M | 5682.00M | 4973.00M |
| Long term debt | 136693.00M | 123734.00M | 100776.00M | 8416.00M | 6995.00M |
| Inventory | - | 13.00M | 11.00M | 27.00M | 55.00M |
| Accounts payable | 19722.00M | 709911.00M | 657746.00M | 634185.00M | 541796.00M |
| Capital lease obligations | 3506.00M | 2835.00M | 2743.00M | 2409.00M | - |
| Breakdown | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 |
| Investments | -21157.00M | -29249.00M | 621.00M | -30756.00M | -18452.00M |
| Change to liabilities | - | 0.00M | 0.00M | 137.00M | 468.00M |
| Total cashflows from investing activities | - | -29471.00M | -299.00M | -31974.00M | -19580.00M |
| Net borrowings | - | 14734.00M | -1255.00M | -9000.00M | -824.00M |
| Total cash from financing activities | 268.00M | 61212.00M | 47122.00M | 78037.00M | 45397.00M |
| Change to operating activities | - | -43464.00M | -7680.00M | -24866.00M | -47539.00M |
| Net income | 4365.00M | 13537.00M | 7754.00M | 5097.00M | 5758.00M |
| Change in cash | -9532.00M | -5795.00M | 35853.00M | 8605.00M | 6661.00M |
| Begin period cash flow | 87466.00M | 93261.00M | 57408.00M | 48803.00M | 42142.00M |
| End period cash flow | 77934.00M | 87466.00M | 93261.00M | 57408.00M | 48803.00M |
| Total cash from operating activities | 9591.00M | -40275.00M | -8195.00M | -37505.00M | -18706.00M |
| Issuance of capital stock | 4001.00M | 5358.00M | 159.00M | 1247.00M | 1062.00M |
| Depreciation | 2099.00M | 924.00M | 1035.00M | 1140.00M | 1205.00M |
| Dividends paid | 2703.00M | 2595.00M | 2980.00M | 2475.00M | 2752.00M |
| Change to account receivables | - | -1170.00M | 75.00M | 178.00M | -299.00M |
| Sale purchase of stock | 0.00M | -1517.00M | -1046.00M | -76.00M | -90.00M |
| Other cashflows from financing activities | - | 45232.00M | 52244.00M | 88338.00M | 48001.00M |
| Change to netincome | - | 536.00M | 392.00M | 2829.00M | 623.00M |
| Capital expenditures | 1677.00M | 777.00M | 484.00M | 399.00M | 478.00M |
| Change in working capital | 1850.00M | -10121.00M | 34522.00M | 41292.00M | 21717.00M |
| Other non cash items | - | 96.00M | 140.00M | 197.00M | 216.00M |
| Free cash flow | 7914.00M | 3509.00M | 43066.00M | 49804.00M | 28175.00M |
Sector: Financial Services Industry: Banks - Diversified
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
|---|---|---|---|---|---|---|
| BMO-PE Bank of Montreal Pref Class B |
0.10 0.38% |
26.20 | 1.35 | - | 2.61 | - |
| RY Royal Bank of Canada |
-3.00 1.03% |
289.57 | 16.67 | 15.41 | 5.33 | 2.66 |
| WFCS Wells Fargo CDR (CAD Hedged) |
-0.63 2.62% |
23.46 | 12.74 | 11.72 | 3.10 | 1.55 |
| TD Toronto Dominion Bank |
-2.51 1.40% |
176.42 | 11.67 | 15.43 | 3.66 | 2.13 |
| BMO Bank of Montreal |
-3.52 1.42% |
244.09 | 17.49 | 14.79 | 4.39 | 1.76 |
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. It also offers investing, banking, and wealth management advisory; digital investing services; financial solutions for individuals, families, and businesses; provides 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. The company was founded in 1817 and is headquartered in Montreal, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. William Darryl White | CEO & Director | 1972 |
| Mr. Tayfun Tuzun | Chief Financial Officer | 1965 |
| Mr. Cameron Fowler | Chief Strategy & Operations Officer | NA |
| Mr. Thomas Earl Flynn | Vice Chairman | 1964 |
| Mr. David Robert Casper | Group Head of North American Commercial Banking & CEO of BMO Financial Corp | NA |
| Mr. Daniel Barclay | CEO & Group Head of BMO Capital Markets | NA |
| Mr. Steve Tennyson C.F.A. | Chief Technology & Operations Officer | NA |
| Ms. Sharon Marie Haward-Laird | Gen. Counsel | NA |
| Ms. Kimberley Crews Goode | Chief Communications & Social Impact Officer | NA |
| Ms. Catherine Margaret Roche | Head of Marketing & Strategy | NA |
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