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Hot Stocks
Bank of Montreal raises U.S. prime lending rate to 6.25% » 16:44
09/21/22
09/21
16:44
09/21/22
16:44
BMO

Bank of Montreal

$92.93 /

-1.395 (-1.48%)

BMO Financial Group…

BMO Financial Group announced today that it is increasing its US$ prime lending rate from 5.50 percent to 6.25 percent, effective September 22, 2022.

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BMO Bank of Montreal
$92.93 /

-1.395 (-1.48%)

BMO Bank of Montreal
$92.93 /

-1.395 (-1.48%)

09/01/22 Desjardins
Bank of Montreal price target lowered to C$150 from C$153 at Desjardins
09/01/22 Canaccord
Bank of Montreal price target lowered to C$150.50 from C$152.50 at Canaccord
08/31/22 Canaccord
Bank of Montreal price target lowered to C$150.50 from C$152.50 at Canaccord
08/31/22 Desjardins
Bank of Montreal price target lowered to C$150 from C$153 at Desjardins
BMO Bank of Montreal
$92.93 /

-1.395 (-1.48%)

BMO Bank of Montreal
$92.93 /

-1.395 (-1.48%)

Periodicals
BMO Capital cutting jobs amid weakening market, Bloomberg says » 14:01
09/15/22
09/15
14:01
09/15/22
14:01
BMO

Bank of Montreal

$97.62 /

+1.14 (+1.18%)

Bank of Montreal's…

Bank of Montreal's capital-markets division is cutting "a small percentage of the firm's personnel" in response to weakening market conditions, people familiar with the matter tell Bloomberg's Kevin Orland and Gillian Tan.

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BMO Bank of Montreal
$97.62 /

+1.14 (+1.18%)

BMO Bank of Montreal
$97.62 /

+1.14 (+1.18%)

09/01/22 Desjardins
Bank of Montreal price target lowered to C$150 from C$153 at Desjardins
09/01/22 Canaccord
Bank of Montreal price target lowered to C$150.50 from C$152.50 at Canaccord
08/31/22 Canaccord
Bank of Montreal price target lowered to C$150.50 from C$152.50 at Canaccord
08/31/22 Desjardins
Bank of Montreal price target lowered to C$150 from C$153 at Desjardins
BMO Bank of Montreal
$97.62 /

+1.14 (+1.18%)

BMO Bank of Montreal
$97.62 /

+1.14 (+1.18%)

Recommendations
Bank of Montreal price target lowered to C$150 from C$153 at Desjardins » 11:35
09/01/22
09/01
11:35
09/01/22
11:35
BMO

Bank of Montreal

$91.03 /

-1.22 (-1.32%)

Desjardins analyst Doug…

Desjardins analyst Doug Young lowered the firm's price target on Bank of Montreal to C$150 from C$153 and keeps a Buy rating on the shares.

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BMO Bank of Montreal
$91.03 /

-1.22 (-1.32%)

BMO Bank of Montreal
$91.03 /

-1.22 (-1.32%)

09/01/22 Canaccord
Bank of Montreal price target lowered to C$150.50 from C$152.50 at Canaccord
08/31/22 Canaccord
Bank of Montreal price target lowered to C$150.50 from C$152.50 at Canaccord
08/31/22 Desjardins
Bank of Montreal price target lowered to C$150 from C$153 at Desjardins
08/31/22 Credit Suisse
Bank of Montreal price target lowered to C$150 from C$152 at Credit Suisse
BMO Bank of Montreal
$91.03 /

-1.22 (-1.32%)

BMO Bank of Montreal
$91.03 /

-1.22 (-1.32%)

Recommendations
Bank of Montreal price target lowered to C$150.50 from C$152.50 at Canaccord » 06:13
09/01/22
09/01
06:13
09/01/22
06:13
BMO

Bank of Montreal

$92.26 /

-2.8 (-2.95%)

Canaccord analyst Scott…

Canaccord analyst Scott Chan lowered the firm's price target on Bank of Montreal to C$150.50 from C$152.50 and keeps a Buy rating on the shares. The analyst noted they reported a slight core EPS miss and he decreased its P/E target premium modestly to 3% from 4% to account for its Q3 adjusted EPS miss due mainly to markdowns in its loan underwriting portfolio and severance costs within Capital Markets.

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BMO Bank of Montreal
$92.26 /

-2.8 (-2.95%)

BMO Bank of Montreal
$92.26 /

-2.8 (-2.95%)

08/31/22 Canaccord
Bank of Montreal price target lowered to C$150.50 from C$152.50 at Canaccord
08/31/22 Desjardins
Bank of Montreal price target lowered to C$150 from C$153 at Desjardins
08/31/22 Credit Suisse
Bank of Montreal price target lowered to C$150 from C$152 at Credit Suisse
08/31/22 RBC Capital
Bank of Montreal price target lowered to C$151 from C$158 at RBC Capital
BMO Bank of Montreal
$92.26 /

-2.8 (-2.95%)

BMO Bank of Montreal
$92.26 /

-2.8 (-2.95%)

Recommendations
Bank of Montreal price target lowered to C$150.50 from C$152.50 at Canaccord » 12:26
08/31/22
08/31
12:26
08/31/22
12:26
BMO

Bank of Montreal

$93.27 /

-1.79 (-1.88%)

Canaccord analyst Scott…

Canaccord analyst Scott Chan lowered the firm's price target on Bank of Montreal to C$150.50 from C$152.50 and keeps a Buy rating on the shares.

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BMO Bank of Montreal
$93.27 /

-1.79 (-1.88%)

BMO Bank of Montreal
$93.27 /

-1.79 (-1.88%)

08/31/22 Desjardins
Bank of Montreal price target lowered to C$150 from C$153 at Desjardins
08/31/22 Credit Suisse
Bank of Montreal price target lowered to C$150 from C$152 at Credit Suisse
08/31/22 RBC Capital
Bank of Montreal price target lowered to C$151 from C$158 at RBC Capital
08/31/22 Veritas
Bank of Montreal downgraded to Reduce from Buy at Veritas
BMO Bank of Montreal
$93.27 /

-1.79 (-1.88%)

BMO Bank of Montreal
$93.27 /

-1.79 (-1.88%)

Recommendations
Bank of Montreal price target lowered to C$150 from C$153 at Desjardins » 11:31
08/31/22
08/31
11:31
08/31/22
11:31
BMO

Bank of Montreal

$93.26 /

-1.8 (-1.89%)

Desjardins analyst Doug…

Desjardins analyst Doug Young lowered the firm's price target on Bank of Montreal to C$150 from C$153 and keeps a Buy rating on the shares.

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BMO Bank of Montreal
$93.26 /

-1.8 (-1.89%)

BMO Bank of Montreal
$93.26 /

-1.8 (-1.89%)

08/31/22 Credit Suisse
Bank of Montreal price target lowered to C$150 from C$152 at Credit Suisse
08/31/22 RBC Capital
Bank of Montreal price target lowered to C$151 from C$158 at RBC Capital
08/31/22 Veritas
Bank of Montreal downgraded to Reduce from Buy at Veritas
08/18/22 Canaccord
Bank of Montreal price target lowered to C$152.50 from C$157 at Canaccord
BMO Bank of Montreal
$93.26 /

-1.8 (-1.89%)

BMO Bank of Montreal
$93.26 /

-1.8 (-1.89%)

Recommendations
Bank of Montreal price target lowered to C$150 from C$152 at Credit Suisse » 07:14
08/31/22
08/31
07:14
08/31/22
07:14
BMO

Bank of Montreal

$95.02 /

-3.2 (-3.26%)

Credit Suisse analyst Joo…

Credit Suisse analyst Joo Ho Kim lowered the firm's price target on Bank of Montreal to C$150 from C$152 but keeps an Outperform rating on the shares. The company's Q3 earnings miss was driven by lower than expected capital markets revenue, though this was more than offset with better than expected expenses and lower tax rates, the analyst tells investors in a research note. BMO's growth runway is strong and serves as a key source of support for an Outperform rating , Kim adds.

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BMO Bank of Montreal
$95.02 /

-3.2 (-3.26%)

BMO Bank of Montreal
$95.02 /

-3.2 (-3.26%)

08/31/22 RBC Capital
Bank of Montreal price target lowered to C$151 from C$158 at RBC Capital
08/31/22 Veritas
Bank of Montreal downgraded to Reduce from Buy at Veritas
08/18/22 Canaccord
Bank of Montreal price target lowered to C$152.50 from C$157 at Canaccord
08/16/22 CIBC
Bank of Montreal price target raised to C$143 from C$142 at CIBC
BMO Bank of Montreal
$95.02 /

-3.2 (-3.26%)

BMO Bank of Montreal
$95.02 /

-3.2 (-3.26%)

Recommendations
Bank of Montreal price target lowered to C$151 from C$158 at RBC Capital » 07:01
08/31/22
08/31
07:01
08/31/22
07:01
BMO

Bank of Montreal

$95.02 /

-3.2 (-3.26%)

RBC Capital analyst Darko…

RBC Capital analyst Darko Mihelic lowered the firm's price target on Bank of Montreal to C$151 from C$158 but keeps an Outperform rating on the shares. The company's Q3 results were lower than expected, mainly driven by weak performance in capital markets, and while the bank had strong loan growth this quarter, the total revenue growth and the all-bank net interest margin improvement were "mediocre", the analyst tells investors in a research note. Mihelic maintains his positive stance on the stock however, stating that he still believes that BMO's earnings growth should outpace that of its peers over the next two years.

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BMO Bank of Montreal
$95.02 /

-3.2 (-3.26%)

BMO Bank of Montreal
$95.02 /

-3.2 (-3.26%)

08/31/22 Veritas
Bank of Montreal downgraded to Reduce from Buy at Veritas
08/18/22 Canaccord
Bank of Montreal price target lowered to C$152.50 from C$157 at Canaccord
08/16/22 CIBC
Bank of Montreal price target raised to C$143 from C$142 at CIBC
08/16/22 National Bank
Bank of Montreal price target lowered to C$151 from C$152 at National Bank
BMO Bank of Montreal
$95.02 /

-3.2 (-3.26%)

BMO Bank of Montreal
$95.02 /

-3.2 (-3.26%)

Downgrade
Bank of Montreal downgraded to Reduce from Buy at Veritas » 05:35
08/31/22
08/31
05:35
08/31/22
05:35
BMO

Bank of Montreal

$95.02 /

-3.2 (-3.26%)

Veritas analyst Nigel…

Veritas analyst Nigel D'Souza downgraded Bank of Montreal to Reduce from Buy with a C$134 price target.

ShowHide Related Items >><<
BMO Bank of Montreal
$95.02 /

-3.2 (-3.26%)

BMO Bank of Montreal
$95.02 /

-3.2 (-3.26%)

08/18/22 Canaccord
Bank of Montreal price target lowered to C$152.50 from C$157 at Canaccord
08/16/22 CIBC
Bank of Montreal price target raised to C$143 from C$142 at CIBC
08/16/22 National Bank
Bank of Montreal price target lowered to C$151 from C$152 at National Bank
08/07/22 Keefe Bruyette
Royal Bank of Canada downgraded to Underperform at Keefe Bruyette
BMO Bank of Montreal
$95.02 /

-3.2 (-3.26%)

BMO Bank of Montreal
$95.02 /

-3.2 (-3.26%)

Earnings
Bank of Montreal reports Q3 adjusted EPS C$3.09 vs. C$3.44 last year » 06:08
08/30/22
08/30
06:08
08/30/22
06:08
BMO

Bank of Montreal

$98.24 /

-0.28 (-0.28%)

Reports Q3 revenue C$6.1B…

Reports Q3 revenue C$6.1B vs. C$7.56B last year. BMO's common equity tier 1 ratio was 15.8% as at July 31. "Our performance this quarter continued to demonstrate the strength and quality of our diversified business mix, credit excellence and the resilience of our earnings power. We delivered robust loan growth and margin expansion that drove record revenue in our North American personal and commercial businesses, buffering the impact of challenging market conditions on our capital markets businesses," said Darryl White, CEO BMO Financial Group.

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BMO Bank of Montreal
$98.24 /

-0.28 (-0.28%)

BMO Bank of Montreal
$98.24 /

-0.28 (-0.28%)

08/18/22 Canaccord
Bank of Montreal price target lowered to C$152.50 from C$157 at Canaccord
08/16/22 CIBC
Bank of Montreal price target raised to C$143 from C$142 at CIBC
08/16/22 National Bank
Bank of Montreal price target lowered to C$151 from C$152 at National Bank
08/07/22 Keefe Bruyette
Royal Bank of Canada downgraded to Underperform at Keefe Bruyette
BMO Bank of Montreal
$98.24 /

-0.28 (-0.28%)

BMO Bank of Montreal
$98.24 /

-0.28 (-0.28%)

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