Bank Of Montreal Stock Today
| BMO Stock | CAD 128.11 0.75 0.59% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Bank of Montreal is selling at 128.11 as of the 24th of April 2024; that is 0.59% increase since the beginning of the trading day. The stock's open price was 127.36. Bank of Montreal has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days.Bank of Montreal has reported 10 for 1 split on 25th of March 2024. Equity ratings for Bank of Montreal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Banks | Category Financial Services | Classification Financials |
Bank of Montreal provides diversified financial services primarily in North America. The company was founded in 1817 and is headquartered in Montreal, Canada. BANK OF MONTREAL operates under BanksDiversified classification in Canada and is traded on Toronto Stock Exchange. The company has 725.44 M outstanding shares of which 10.17 M shares are currently shorted by private and institutional investors with about 4.75 days to cover all short positions. More on Bank of Montreal
Moving against Bank Stock
| 0.45 | SBUX | Starbucks CDR | PairCorr |
| 0.42 | UNH | UnitedHealth Group CDR | PairCorr |
Bank Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bank of Montreal's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bank of Montreal or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Bank of Montreal's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bank of Montreal's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Darryl White | ||||
| Business Concentration | Diversified Banks, Banks - Diversified, Financial Services, Financials, Banks, Banks—Diversified, Financial Services (View all Sectors) | ||||
Bank of Montreal's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Bank of Montreal's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Bank of Montreal's financial leverage. It provides some insight into what part of Bank of Montreal's total assets is financed by creditors.
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Bank of Montreal (BMO) is traded on Toronto Exchange in Canada and employs 55,767 people. Bank of Montreal is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 92.94 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bank of Montreal's market, we take the total number of its shares issued and multiply it by Bank of Montreal's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Bank of Montreal operates under Banks sector and is part of Financials industry. The entity has 725.44 M outstanding shares of which 10.17 M shares are currently shorted by private and institutional investors with about 4.75 days to cover all short positions.
Bank of Montreal has accumulated about 331.58 B in cash with 9.59 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 515.83.
Check Bank of Montreal Probability Of Bankruptcy
Ownership AllocationBank of Montreal retains a total of 725.44 Million outstanding shares. Over half of Bank of Montreal's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Bank of Montreal. Please watch out for any change in the institutional holdings of Bank of Montreal as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Bank Ownership Details
Bank Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Bank of Montreal jumping above the current price in 90 days from now is about 40.84%. The Bank of Montreal probability density function shows the probability of Bank of Montreal stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Bank of Montreal has a beta of 0.8991 suggesting Bank of Montreal market returns are highly reactive to returns on the market. As the market goes up or down, Bank of Montreal is expected to follow. Additionally, bank of Montreal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Bank of Montreal to move above the current price in 90 days from now is about 40.84 (This Bank of Montreal probability density function shows the probability of Bank Stock to fall within a particular range of prices over 90 days) .
Bank of Montreal Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Bank of Montreal market risk premium is the additional return an investor will receive from holding Bank of Montreal long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bank of Montreal. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Bank of Montreal's alpha and beta are two of the key measurements used to evaluate Bank of Montreal's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.705 | |||
| Semi Deviation | 1.19 | |||
| Standard Deviation | 0.9635 | |||
| Variance | 0.9284 |
Bank Stock Against Markets
Picking the right benchmark for Bank of Montreal stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Bank of Montreal stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Bank of Montreal is critical whether you are bullish or bearish towards Bank of Montreal at a given time. Please also check how Bank of Montreal's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bank of Montreal without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Bank of Montreal Corporate Directors
Bank of Montreal corporate directors refer to members of a Bank of Montreal board of directors. The board of directors generally takes responsibility for the Bank of Montreal's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Bank of Montreal's board members must vote for the resolution. The Bank of Montreal board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Martin Eichenbaum | Independent Director | Profile | |
| Don Wilson | Independent Director | Profile | |
| David Harquail | Independent Director | Profile | |
| Janice Babiak | Independent Director | Profile |
How to buy Bank Stock?
Before investing in Bank of Montreal, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Bank of Montreal. To buy Bank of Montreal stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Bank of Montreal. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Bank of Montreal stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Bank of Montreal stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Bank of Montreal stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Bank of Montreal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Bank Stock please use our How to Invest in Bank of Montreal guide.
Already Invested in Bank of Montreal?
The danger of trading Bank of Montreal is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Bank of Montreal is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Bank of Montreal. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bank of Montreal is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Bank of Montreal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of Montreal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of Montreal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of Montreal Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Montreal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Bank Stock analysis
When running Bank of Montreal's price analysis, check to measure Bank of Montreal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Montreal is operating at the current time. Most of Bank of Montreal's value examination focuses on studying past and present price action to predict the probability of Bank of Montreal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Montreal's price. Additionally, you may evaluate how the addition of Bank of Montreal to your portfolios can decrease your overall portfolio volatility.
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