Form 424B2 BANK OF MONTREAL /CAN/
In addition, this opinion is subject to customary assumptions about the trustee’s authorization, execution and delivery of the Indenture and the genuineness of signatures and certain factual matters, ...
Model output · Signal date 2026-10-16
Bank Of Montreal /Can/ (BMO) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
▼ Bearish
Exact rating locked
90-day forecast
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30-day forecast
Alpha
Rank in coverage
Bottom 35%
of 5172 stocks scored
Rank correlation · 90D
47.0%
Spearman, 357 dates
Market Cap
$118.44B
large-cap · #8 of 20 peers
Summary
Bank Of Montreal /Can/ (BMO) stock forecast summary
Our AI ranks Bank Of Montreal /Can/ outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Bank Of Montreal /Can/ is a large-cap company with a market capitalization of $118.44B. It ranks number 8 by market capitalization among the 20 Commercial Banks, NEC issuers in our coverage with a current forecast.
For BMO, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 47.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 14.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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BMO price chart and AI forecast
Cross-section · 2026-10-16
How BMO ranks among 5172 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-01-31
Bank Of Montreal /Can/ (BMO) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Commercial Banks, NEC peers listed below that report each metric. Statement values were filed in CAD and are shown converted to USD (flows at the trailing twelve-month average rate, balances at the balance-sheet date rate).
Valuation & Market
| Metric | BMO | Rank |
|---|---|---|
| Market Cap | $118.44B | 8/20 |
| P/E Ratio | 11.35x | 8/15 |
| EPS | $14.72 | – |
| Revenue/Share | $64.68 | – |
Profitability & Margins
| Metric | BMO | Rank |
|---|---|---|
| ROE | 18.1% | 8/12 |
| ROA | 1.1% | 12/15 |
| Net Margin | 24.3% | 8/12 |
| EBT Margin | 32.2% | 9/14 |
| Tax Rate | 24.6% | – |
Financial Health
| Metric | BMO | Rank |
|---|---|---|
| D/E Ratio | 16.01x | 6/17 |
| Financial Leverage | 17.01x | 6/17 |
Cash Flow
| Metric | BMO | Rank |
|---|---|---|
| Operating Cash Flow | $3.34B | 10/20 |
| OCF Growth YoY | -88.4% | 11/16 |
Operational Efficiency
| Metric | BMO | Rank |
|---|---|---|
| Asset Turnover | 0.04x | 9/13 |
| Fixed Assets Turnover | 10.4x | 6/8 |
Income Statement
| Metric | BMO | Rank |
|---|---|---|
| Total Revenue | $45.85B | 7/13 |
| Net Income | $11.14B | 9/15 |
Dividend & Shareholder Information
| Metric | BMO | Rank |
|---|---|---|
| Shares Outstanding | 709M | – |
| Net Income Growth | 17.5% | 7/12 |
| EPS Growth | 19.1% | 10/15 |
Balance Sheet Highlights (USD millions, converted from CAD)
| Cash & Short-term Investments | $49.48B | |
| Total Liabilities | $1.01T |
Quarterly Financial Reports
BMO quarterly financials and insider trading
Industry Peers · Commercial Banks, NEC
Bank Of Montreal /Can/ (BMO) industry peers
Companies classified under the same SEC industry code as Bank Of Montreal /Can/ (Commercial Banks, NEC): 23 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| BMO Bank Of Montreal /Can/ | ▼ | $118.44B |
| RY Royal Bank Of Canada | ▼ | $277.04B |
| MUFG Mitsubishi Ufj Financial Group Inc | ▶ | $259.67B |
| TD Toronto Dominion Bank | ▼ | $203.40B |
| SAN Banco Santander, S.A. | ▼ | $195.37B |
| SMFG Sumitomo Mitsui Financial Group, Inc. | ▼ | $160.23B |
| BBVA Banco Bilbao Vizcaya Argentaria, S.A. | ▼ | $146.83B |
| HDB Hdfc Bank Ltd | ▼ | $121.50B |
| CM Canadian Imperial Bank Of Commerce /Can/ | ▼ | $104.22B |
| ING Ing Groep Nv | ▼ | $97.09B |
| LYG Lloyds Banking Group Plc | ▼ | $81.48B |
| BCS Barclays Plc | ▼ | $77.53B |
| NWG Natwest Group Plc | ▼ | $70.31B |
| BSBR Banco Santander (Brasil) S.A. | ▼ | $20.90B |
| BSAC Banco Santander Chile | ▼ | $15.40B |
| GGAL Grupo Financiero Galicia Sa | ▼ | $6.02B |
| NTB Bank Of N.T. Butterfield & Son Ltd | ▼ | $2.34B |
| ESQ Esquire Financial Holdings, Inc. | ▶ | $1.44B |
| PGC Peapack Gladstone Financial Corp | ▶ | $769M |
| VBNK Versabank | ▶ | $710M |
| AVAL Grupo Aval Acciones Y Valores S.A. | ▶ | N/A |
| DJP Barclays Bank Plc | ▼ | N/A |
| WBKCY Westpac Banking Corp | ▼ | N/A |
Where BMO sits on the market map
Finance · Commercial Banks, NEC
News
Bank Of Montreal /Can/ (BMO) stock news
Bank of Montreal: Medium-Term Profitability Goals Look Fully Priced In
Bank of Montreal continues to benefit from bullish investor sentiment, with the shares re-rating even further since my last update in January. Canadian credit quality remains at an unfavorable point ...
Bank of Montreal: I Need A Pullback Before Increasing My Position
Bank of Montreal demonstrates operational resilience and prudent asset management amid macroeconomic volatility, supporting its status among Canada's Big Five banks. BMO's diversified loan and asset ...
FAQ
Bank Of Montreal /Can/ (BMO) stock forecast FAQ
What is the Bank Of Montreal /Can/ (BMO) stock forecast?
Our AI ranks Bank Of Montreal /Can/ outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Bank Of Montreal /Can/ stock predictions?
For BMO, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 47.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 14.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Bank Of Montreal /Can/ forecasts updated?
Bank Of Montreal /Can/ forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Bank Of Montreal /Can/'s industry peers?
23 issuers in our coverage, BMO included, share the SEC industry code Commercial Banks, NEC. The largest are: Royal Bank Of Canada (RY), Mitsubishi Ufj Financial Group Inc (MUFG), Toronto Dominion Bank (TD), Banco Santander, S.A. (SAN), Sumitomo Mitsui Financial Group, Inc. (SMFG), Banco Bilbao Vizcaya Argentaria, S.A. (BBVA).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.