# Bank of Montreal (BMO-PE.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Financial Services / Banks. Price C$27.30, market value C$17.5 billion.

## Valuation
- **P/E (trailing): 1.5×**. Bank of Montreal trades at 1.5× trailing earnings. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 0.5×**. Each dollar of revenue is priced at 0.5×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.2×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 277.6%**. Free cash flow equals 277.6% of the market value. Above 5% is generally attractive.
- **Earnings yield: 66.8%**. The inverse of the P/E: 66.8% of the price is earned each year.

## Profitability
- **Net margin: 24.1%**. 24.1% 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): 12.7%** (3-yr 11.2%/yr). Revenue grew 12.7% over the last year.
- **Free-cash-flow growth (3 yr): 34.4%/yr**. Free cash flow has compounded at 34.4% a year over three years.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.
- **Cash and short-term investments: C$70.3 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: 6.24%** (C$6.68 per share, trailing). Bank of Montreal yields 6.24%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 58%** (11% of free cash flow). 58% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 3**. 3 straight years of increases.
- **Dividend growth (5 yr): 7.0%/yr** (1-yr 0.0%). The dividend has grown 7.0% a year over five years.
- **Shareholder yield: 39.2%**. Dividends plus net buybacks return 39.2% of the market value a year.

## Price and momentum
- **Total return (1 yr): 10.3%** (YTD 6.0%, 3-mo 4.1%). The shares are up 10.3% over twelve months including dividends.
- **From 52-week high: -1.3%** (3.8% above the low). Trading within 5% of 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): 58**. An RSI of 58 is neutral.
- **Beta (1 yr): 0.01** (volatility 8%). Beta of 0.01 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BMO-PE.TO · Page: https://foliofundamentals.com/stocks/bmo-pe.to

Not investment advice.