# Bank Of Montreal (BMO) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Banks. Price $175.40, market value $121.9 billion.

## Valuation
- **P/E (trailing): 19.8×** (5-yr avg 8.8×, 3-yr avg 10.6×). Bank Of Montreal trades at 19.8× trailing earnings, well above its own five-year average of 8.8×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 14.7×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.73**. A PEG of 0.73 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.5×**. Each dollar of revenue is priced at 2.5×.
- **Price / book: 2.0×**. The shares trade at 2.0× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 41.6%** (5-yr avg 34.5%). Free cash flow equals 41.6% of the market value, above its five-year average of 34.5%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 5.1%**. The inverse of the P/E: 5.1% of the price is earned each year.

## Profitability
- **Net margin: 11.1%**. 11.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.9%**. 9.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 0.6%**. Each dollar of assets produces 0.6% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -0.5%** (3-yr 43.8%/yr, 5-yr 28.6%/yr). Revenue fell 0.5% over the last year, against 28.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 20.3%** (3-yr -17.0%/yr, 5-yr 8.7%/yr). Earnings per share rose 20.3%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 34.4%/yr**. Free cash flow has compounded at 34.4% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.
- **Cash and short-term investments: $75.4 billion**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 2.83%** ($4.96 per share, trailing). Bank Of Montreal yields 2.83%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 58%** (7% of free cash flow). 58% of earnings goes out as dividends, leaving room to keep raising it.
- **Dividend growth (5 yr): 2.2%/yr** (1-yr -0.9%). The dividend has grown 2.2% a year over five years.
- **Shareholder yield: 6.1%**. Dividends plus net buybacks return 6.1% of the market value a year.

## Analyst view
- **Analyst consensus: hold** (3 analysts). 3 analysts cover Bank Of Montreal; the consensus is hold, with an average price target of $171.22 (-2% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 41.2%** (YTD 36.2%, 3-mo 6.7%). The shares are up 41.2% over twelve months including dividends.
- **From 52-week high: -6.3%** (46.4% above the low). Trading 6% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 0.91** (volatility 20%). Beta of 0.91 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BMO · Page: https://foliofundamentals.com/stocks/bmo

Not investment advice.