Bank Income Statement Research
| BMO Stock | USD 91.01 0.05 0.06% |
Bank |
Most accounts from Bank of Montreal's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bank of Montreal current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Bank of Montreal Valuation and Bank of Montreal Correlation analysis. To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.At this time, Bank of Montreal's Total Other Income Expense Net is very stable compared to the past year. As of the 18th of April 2024, Tax Provision is likely to grow to about 2 B, while Interest Expense is likely to drop 0.00.
| 2021 | 2022 | 2024 (projected) | EBIT | 28.9B | 5.9B | 11.6B | Operating Income | 28.9B | 5.9B | 11.1B |
Bank of Montreal income statement Correlations
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Bank of Montreal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank of Montreal income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Revenue | 25.3B | 25.0B | 26.9B | 520M | 33.1B | 54.9B | |
| Operating Income | 6.3B | 10.3B | 28.9B | 5.9B | 6.7B | 11.1B | |
| Ebit | 7.3B | 6.3B | 10.3B | 28.9B | 5.9B | 11.6B | |
| Ebitda | 7.8B | 11.7B | 30.3B | 8.0B | 9.1B | 11.9B | |
| Income Before Tax | 7.3B | 6.3B | 10.3B | 17.9B | 5.9B | 4.9B | |
| Net Income | 5.8B | 5.1B | 7.8B | 13.5B | 4.4B | 3.7B | |
| Income Tax Expense | 1.5B | 1.3B | 2.5B | 4.3B | 1.5B | 1.2B | |
| Tax Provision | 1.3B | 2.5B | 4.3B | 1.5B | 1.7B | 2.0B | |
| Net Interest Income | 14.0B | 14.3B | 15.9B | 18.7B | 21.5B | 14.3B | |
| Interest Income | 23.3B | 19.9B | 26.9B | 55.6B | 63.9B | 67.1B |
Bank of Montreal Investors Sentiment
The influence of Bank of Montreal's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Bank. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Bank of Montreal's public news can be used to forecast risks associated with an investment in Bank. The trend in average sentiment can be used to explain how an investor holding Bank can time the market purely based on public headlines and social activities around Bank of Montreal. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Bank of Montreal's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Bank of Montreal's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Bank of Montreal's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Bank of Montreal.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bank of Montreal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bank of Montreal's short interest history, or implied volatility extrapolated from Bank of Montreal options trading.
Pair Trading with Bank of Montreal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of Montreal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of Montreal will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
| 0.84 | RY | Royal Bank Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Bank of Montreal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Montreal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of Montreal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of Montreal to buy it.
The correlation of Bank of Montreal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of Montreal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Montreal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of Montreal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Bank of Montreal Valuation and Bank of Montreal Correlation analysis. To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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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Is Bank of Montreal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of Montreal. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of Montreal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 11.567 | Dividend Share 5.88 | Earnings Share 5.29 | Revenue Per Share 43.463 | Quarterly Revenue Growth 0.443 |
The market value of Bank of Montreal is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Montreal's value that differs from its market value or its book value, called intrinsic value, which is Bank of Montreal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of Montreal's market value can be influenced by many factors that don't directly affect Bank of Montreal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of Montreal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Montreal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Montreal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.