Bank of Montreal
Research Bank of Montreal (BMO) on Bullrun: valuation model: 15.6% overvalued, market cap USD 113.35B, P/E 18.3, dividend yield 1.5%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerBMO
- ExchangeNYSE
- CountryCanada
- SectorFinancial Services
- IndustryBanks-Diversified
- CurrencyUSD
- Valuation signal15.6% overvalued
- Market capUSD 113.35B
- P/E18.3
- Dividend yield1.5%
- Financial periodQ3 2026
- RevenueCAD 9.91B
- Net incomeCAD 1.75B
- Free cash flowCAD 26.17B
Valuation Snapshot
Bullrun's latest valuation model marks Bank of Montreal as 15.6% overvalued; latest market cap is USD 113.35B; P/E is 18.3; dividend yield is 1.5%.
Peer valuation comparison
Latest P/E is 18.34x versus a Financial Services sector median of 13.39x (37.0% above).
Latest dividend yield is 1.5% versus a Financial Services sector median of 3.67% (59.1% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | CAD 36.10B | CAD 8.71B | CAD 8.51B | n/a | 11.44 | CAD 70.32B | CAD 280.23B | CAD 88.05B |
| FY2024 | CAD 32.04B | CAD 7.32B | CAD 25.14B | n/a | 9.51 | CAD 68.74B | CAD 265.97B | CAD 84.25B |
| FY2023 | CAD 31.12B | CAD 4.43B | CAD 7.91B | n/a | 5.76 | CAD 82.04B | CAD 248.74B | CAD 76.10B |
| FY2022 | CAD 26.26B | CAD 13.54B | CAD 3.51B | n/a | 19.99 | CAD 93.20B | CAD 222.64B | CAD 71.04B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 113.35B | 18.3 | 1.5% | 2.44 |
| 2025 | 2025-12-31 | USD 92.01B | 15.9 | 0.9% | 1.18 |
| 2024 | 2024-12-31 | USD 70.83B | 13.9 | 4.6% | 4.46 |
| 2023 | 2023-12-29 | USD 71.33B | 23.3 | 4.3% | 4.29 |
| 2022 | 2022-12-30 | USD 63.72B | 5.8 | 4.6% | 4.19 |
| 2021 | 2021-12-31 | USD 69.83B | 11.7 | 3.2% | 3.4 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 2.44 USD, yield 1.5%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.18 CAD |
| FY2024 | 4.46 CAD |
| FY2023 | 4.29 CAD |
| FY2022 | 4.19 CAD |
About Bank of Montreal
Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian Personal and Commercial Banking; U.S. Banking; Wealth Management; and Capital Markets segments. The company offers checking accounts, savings, money markets and certificates of deposits, debit cards, overdrafts, digital banking, credit cards, loans, mortgages, investment and retirement options, and other banking services;
ETFs that hold Bank of Montreal
Bank of Montreal is one of the ten largest holdings of 13 ETFs that investors in Europe can buy. The 8 most traded of them:
| ETF | Weight | TER |
|---|---|---|
| iSh MSCI Canada USD A | 4.03% | 0.48% |
| UBS MSCI Canada UCITS ETF CAD dis | 4.03% | 0.33% |
| HSBC MSCI Canada UCITS ETF | 3.82% | 0.35% |
| Xtrackers MSCI Canada Screened UCITS ETF 1C | 4.14% | 0.35% |
| UBS MSCI Canada UCITS ETF CAD acc | 4.03% | 0.33% |
| UBS MSCI Canada UCITS ETF hEUR acc | 4.08% | 0.36% |
| UBS MSCI Canada UCITS ETF hUSD acc | 3.70% | 0.36% |
| UBS MSCI Canada UCITS ETF hCHF acc | 3.70% | 0.36% |
Related stock research
Other Financial Services stocks
Frequently asked questions
Is Bank of Montreal overvalued or undervalued?
Bullrun's valuation model currently marks Bank of Montreal as 15.6% overvalued.
What is Bank of Montreal's market cap?
Bank of Montreal's market capitalization is USD 113.35B.
What is Bank of Montreal's P/E ratio?
Bank of Montreal's price-to-earnings (P/E) ratio is 18.3.
Does Bank of Montreal pay a dividend?
Bank of Montreal has a dividend yield of 1.5%.
What does Bank of Montreal do?
Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian Personal and Commercial Banking; U.S. Banking; Wealth Management; and Capital Markets segments. The company offers checking accounts, savings, money markets and certificates of deposits, debit cards, overdrafts, digital banking, credit cards, loans, mortgages, investment and retirement options, 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.