BMO shares are trading lower following worse-than-expected Q2 earnings.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/8/2025 | Sector Perform → Outperform | RBC Capital Mkts | |
| 12/6/2024 | Neutral → Sector Outperform | CIBC | |
| 12/6/2024 | Sector Perform → Sector Outperform | Scotiabank | |
| 8/28/2024 | Buy → Neutral | BofA Securities | |
| 8/28/2024 | Sector Outperform → Sector Perform | Scotiabank | |
| 8/27/2024 | Buy → Hold | TD Securities | |
| 8/27/2024 | Buy → Hold | Jefferies | |
| 7/30/2024 | Outperform → Sector Perform | RBC Capital Mkts |
BMO's First Quarter 2025 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended January 31, 2025 are available online at www.bmo.com/investorrelations, on the Canadian Securities Administrators' website at www.sedarplus.ca, and on the EDGAR section of the U.S. Securities and Exchange Commission's website at www.sec.gov. Financial Results Highlights First Quarter 2025 compared with First Quarter 2024: Net income1 of $2,138 million, compared with $1,292 million; adjusted net income1 of $2,289 million, compared with $1,893 millionReported earnings per share (EPS)2 of $2.83, an increase from $1.73; adjusted EPS1, 2 of $3.04, an increase fro
TORONTO, Feb. 20, 2025 /CNW/ - BMO Asset Management Inc., as manager of the BMO ETFs, and BMO Investments Inc., as manager of the BMO Mutual Funds, today announced the February 2025 cash distributions for unitholders of BMO ETFs and unitholders of exchange-traded series of units of the BMO Mutual Funds (collectively, the "ETF Series") that distribute monthly, as set out in the table below. Unitholders of record of the BMO ETFs and the ETF Series of the BMO Mutual Funds at the close of business on February 27, 2025 will receive cash distributions payable on March 4, 2025. The ex-dividend date and record date for all BMO ETFs and ETF Series of BMO Mutual Funds is February 27, 2025. Details of
NEW YORK, Feb. 19, 2025 /PRNewswire/ - In a demonstration of their commitment to the MicroSectors™ product line, Bank of Montreal ("BMO") and REX Shares, LLC ("REX") today announced the launch of the following U.S. Big Banks and U.S. Big Oil Leveraged and Inverse Leveraged MicroSectors™ Exchange Traded Notes ("ETNs") issued by BMO: ETN Ticker Exposure Type MicroSectors™ U.S. Big Banks 3× Leveraged ETNs BNKU 3× (long) MicroSectors™ U.S. Big Banks -3× Inverse Leveraged ETNs BNKD -3× (short) MicroSectors™ U.S. Big Oil 3× Leveraged ETNs NRGU 3× (long) MicroSectors™ U.S. Big Oil -3× Inverse Leveraged ETNs NRGD -3× (short) Each series of ETNs will start trading tomorrow on the NYSE Arca, Inc. und
SC 13G/A - BANK OF MONTREAL /CAN/ (0000927971) (Filed by)
SC 13G - BANK OF MONTREAL /CAN/ (0000927971) (Filed by)
SC 13G/A - BANK OF MONTREAL /CAN/ (0000927971) (Filed by)
FWP - BANK OF MONTREAL /CAN/ (0000927971) (Subject)
FWP - BANK OF MONTREAL /CAN/ (0000927971) (Subject)
FWP - BANK OF MONTREAL /CAN/ (0000927971) (Subject)
TORONTO, March 12, 2025 /CNW/ - BMO Bank of Montreal today announced that it is decreasing its CDN$ prime lending rate from 5.20 per cent to 4.95 per cent, effective March 13, 2025. About BMO Financial Group BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to
TORONTO and CHICAGO, March 6, 2025 /PRNewswire/ - BMO (TSX:BMO) (NYSE:BMO) today announced that it has filed its 2025 Notice of Annual Meeting of Shareholders and Management Proxy Circular with applicable securities regulators. BMO will release its 2024 Sustainability and Climate Reporting, including its Public Accountability Statements on Wednesday, March 12. Proxy Circular BMO's Annual Meeting of Shareholders will be held on Friday, April 11, 2025, at 9:30 a.m. EDT. The Management Proxy Circular contains key information for shareholders on the meeting, including how to participate and a description of the items on which shareholders may vote. The circular and annual report can be found
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Feb. 26, 2025 /CNW/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced a domestic public offering of $1.25 billion of subordinated notes (Non-Viability Contingent Capital (NVCC)) (the "Notes") through its Canadian Medium-Term Note Program. The net proceeds from this offering will be added to the general funds of the Bank and will be utilized for general banking purposes, which may include the redemption of outstanding capital securities of the Bank, and/or the repayment of other outstanding liabilities of the Bank. The Notes bear interest at a fixed rate of 4.077 per cent per annum (paid
RBC Capital Mkts upgraded Bank of Montreal from Sector Perform to Outperform
CIBC upgraded Bank of Montreal from Neutral to Sector Outperform
Scotiabank upgraded Bank of Montreal from Sector Perform to Sector Outperform
TORONTO, Oct. 29, 2024 /PRNewswire/ -Bank of Montreal today announced the appointment of Diane Cooper and Brian McManus to its Board of Directors. "We are pleased to welcome Diane and Brian to the Board of Directors," said George Cope, Chair of the Board. "They each bring significant skills and experience and will be a valuable addition to our board." Ms. Cooper was formerly President and CEO of GE Capital's Commercial Distribution business and an officer of GE Company. She also led the GE Capital Equipment Finance and Franchise Finance businesses and previously held senior ro
TORONTO and CHICAGO, Oct. 2, 2024 /PRNewswire/ - BMO today announced the appointment of Kristin Milchanowski as its new Chief Artificial Intelligence and Data Officer, effective October 15, 2024. Kristin will drive BMO's Artificial Intelligence (AI), data, analytics, and robotics strategies and supporting technologies, championing a transformative AI roadmap that optimizes and enhances business value. Additionally, she will focus on data management and data governance across the organization, deepening the bank's robust and established culture of innovation and accountability. "Kristin brings extensive knowledge and expertise in transforming businesses by leveraging the full potential of th
LAFC Unveils New 2024 Primary JerseyLOS ANGELES, TORONTO, and CHICAGO, Feb. 15, 2024 /PRNewswire/ - Los Angeles Football Club (LAFC) and BMO today announced an expansion of their multi-year partnership, unveiling BMO as the Club's "Official Jersey Sponsor" on the 2024 primary and secondary jersey. BMO will continue to support fans of LAFC and the community as the Official Bank of LAFC, and BMO Stadium will continue to be the home of LAFC in the heart of Los Angeles. VIEW THE NEW JERSEY HERE: LAFC KIT LAUNCH PHOTOS (Credit: LAFC) Authentic and replica 2024 primary jerseys will