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TSE:BMO
Q4 a bit shy, due to some charges. Otherwise in line. The one to buy. Better growth rate due to Bank of the West synergies. Still fairly valued around 9x, with around 5% growth. Wait for a pullback, and then sell puts to get in at a lower strike price and get some dividends. Fine over next 5-10 years; not if it will work, but when.
After recent merger, now one of the top 10 banks in the US, operating in 32 states. Merger will bring cost savings. Strong suit is commercial banking and lending. Large Canadian wealth management, good-sized NA capital markets, plus a smaller insurance business. 13% ROE plus 7% growth rate in dividends, resulting in a double-digit return over the coming cycle. Yield is 5.17%.
(Analysts’ price target is $127.24)Canadian banks are reasonably priced, but still headwinds on loan losses. He likes the one with the best balance sheet, TD. He also likes CM, with its outsized dividend yield and low valuation. BMO is OK.
For the heavy lifting in your portfolio, he'd look instead at insurance companies with similar yields and more growth over the next 1-2 years.
Canadian banks are one of the strongest oligopolies in the world. Raising dividend shows the results miss is not a long-term problem. Digestion issues on latest acquisition. Raising loan losses to normal levels. Expenses were higher. Inflation has increased wages. Keep holding, comfortable buying more.
Bank of Montreal is a Canadian stock, trading under the symbol BMO.TO (previously BMO-T on Stockchase) on the Toronto Stock Exchange (BMO-CT). It is usually referred to as TSX:BMO or BMO.TO
In the last year, no analyst issued a Buy, Sell, or Hold rating on BMO.TO (previously BMO-T on Stockchase) on Stockchase. Read the latest expert commentary for Bank of Montreal.
Bank of Montreal was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2023-03-21. Read the latest stock experts ratings for Bank of Montreal.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Bank of Montreal.
Bank of Montreal is followed by 738 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-19, Bank of Montreal (BMO.TO) stock closed at a price of $242.43.
BMO really has the US going well. As the smaller of the big 5 banks, it's really been accelerating its growth. He's long in his value momentum fund.