Bank of Montreal
Bank of Montreal is a diversified financial services company that provides personal and commercial banking, wealth management, and capital markets services through BMO Financial Group. Its offerings include checking and savings accounts, loans, credit cards, investing solutions, business banking, and digital banking tools designed for individuals, businesses, and institutional clients. The company also serves customers through advisory, lending, and treasury services, supporting everyday financial needs as well as more complex corporate and market activities. Bank of Montreal operates across Canada, the United States, and selected international markets, giving it a broad role in North American banking and financial intermediation. Based in Montreal, Quebec, and established in 1817, Bank of Montreal remains a major provider of retail and wholesale financial services within the global financial sector.
C$236.15
+C$0.73 (+0.31%)
EOD Oct 16, 2026
24.17% net margin is respectable. The institution appears to be managing its interest spread and credit risk adequately.
Revenue grew 12.7% YoY.
At 19x earnings, the multiple is above the banking sector average. Financials rarely sustain elevated multiples through credit cycles.
18.9x earnings. Above the financial-sector median (~13x). The market is pricing in above-average returns or growth, any credit deterioration would compress the multiple quickly.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
C$38.50B
▲ +12.7% YoY
Net Income (TTM)
C$9.16B
▲ +19.1% YoY
Net Margin
23.80%
P/E
18.9x
Balance Sheet
Total Assets
C$1.48T
Equity
C$88.10B
Total Debt
C$280.23B
Cash & Equiv.
C$104.16B
3Y CAGR: +11.2%
Continue Research
Is Bank of Montreal (BMO) overvalued?
At a P/E of 18.9 and a price-to-free-cash-flow of 3.4, Bank of Montreal (BMO) trades below a two-stage DCF intrinsic value of about C$976.36 per share, so at C$236.15 the stock looks undervalued (313.4% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Bank of Montreal scores 62/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.9%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Bank of Montreal's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about C$976.36 per share for BMO, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around C$732.27. At today's C$236.15, that puts the stock about 313.4% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Bank of Montreal a high-quality business?+
Bank of Montreal scores 62 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Bank of Montreal (BMO) pay a dividend, and how much?+
Yes, Bank of Montreal pays a regular dividend of about C$6.75 per share per year (typically in quarterly installments), a yield of roughly 2.9% at the current price. That is a payout ratio of about 51.7% of earnings, so the dividend is well covered. Bank of Montreal has grown the dividend at roughly 11.4% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For BMO's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Bank of Montreal a good stock to buy right now?+
That depends on valuation and quality together, not either alone. BMO currently trades below its estimated intrinsic value and scores 62/100 on quality (solid). It also yields about 2.9%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.