What is Cormark’s Estimate for TSE:BMO FY2026 Earnings?

Bank of Montreal (TSE:BMO) (NYSE:BMO) – Investment analysts at Cormark issued their FY2026 earnings per share estimates for shares of Bank of Montreal in a research note issued on Monday, November 25th. Cormark analyst L. Persaud expects that the bank will post earnings of $12.68 per share for the year. The consensus estimate for Bank of Montreal’s current full-year earnings is $9.65 per share.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last issued its quarterly earnings data on Tuesday, August 27th. The bank reported C$2.64 earnings per share for the quarter, missing analysts’ consensus estimates of C$2.72 by C($0.08). Bank of Montreal had a net margin of 21.20% and a return on equity of 8.49%. The company had revenue of C$8.19 billion during the quarter, compared to the consensus estimate of C$8.23 billion.

Other research analysts have also issued reports about the stock. Canaccord Genuity Group raised their target price on shares of Bank of Montreal from C$125.00 to C$143.00 in a research note on Tuesday, November 19th. Scotiabank lifted their price objective on Bank of Montreal from C$112.00 to C$147.00 in a research note on Monday. CIBC increased their target price on Bank of Montreal from C$120.00 to C$134.00 in a research note on Tuesday. National Bankshares raised their target price on Bank of Montreal from C$127.00 to C$148.00 in a report on Wednesday, November 20th. Finally, Royal Bank of Canada cut their price target on Bank of Montreal from C$118.00 to C$106.00 and set a “sector perform” rating for the company in a report on Wednesday, August 28th. Eight equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of C$128.50.

Bank of Montreal Stock Up 0.3 %

Shares of BMO stock opened at C$133.21 on Tuesday. The business’s 50 day moving average is C$126.86 and its two-hundred day moving average is C$121.33. Bank of Montreal has a 12 month low of C$107.16 and a 12 month high of C$134.16. The company has a market cap of C$97.16 billion, a PE ratio of 15.33, a price-to-earnings-growth ratio of 0.71 and a beta of 1.16.

Bank of Montreal Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 26th were issued a $1.55 dividend. This represents a $6.20 annualized dividend and a yield of 4.65%. The ex-dividend date was Wednesday, October 30th. Bank of Montreal’s dividend payout ratio (DPR) is presently 71.35%.

Insider Activity

In other news, Senior Officer Steven Lloyd Tennyson sold 7,908 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of C$112.16, for a total value of C$886,977.10. Also, Senior Officer David Robert Casper sold 12,819 shares of the company’s stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of C$121.85, for a total transaction of C$1,562,007.97. Corporate insiders own 0.03% of the company’s stock.

Bank of Montreal Company Profile

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.