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Model output · Signal date 2026-10-16

Bank Of Montreal /Can/ (BMO) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · NYSE

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Rating · 90D ▼ Bearish Exact rating locked
90-day forecast Sign up free to reveal
30-day forecast Total
Rank in coverage Bottom 35% of 5184 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 absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, BMO included.

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Price

BMO price chart and AI forecast

BMO
Cross-section · 2026-10-16

How BMO ranks among 5184 stocks

90D Total 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

MetricBMOIndustry medianRank
Market Cap $118.44B $89.28B 8/20
P/E Ratio 11.35x 11.35x 8/15
EPS $14.72 – –
Revenue/Share $64.68 – –

Profitability & Margins

MetricBMOIndustry medianRank
ROE 18.1% 21.7% 8/12
ROA 1.1% 1.6% 12/15
Net Margin 24.3% 27.3% 8/12
EBT Margin 32.2% 33.9% 9/14
Tax Rate 24.6% – –

Financial Health

MetricBMOIndustry medianRank
D/E Ratio 16.01x 14.46x 6/17
Financial Leverage 17.01x 15.47x 6/17

Cash Flow

MetricBMOIndustry medianRank
Operating Cash Flow $3.34B $2.45B 10/20
OCF Growth YoY -88.4% -59.2% 11/16

Operational Efficiency

MetricBMOIndustry medianRank
Asset Turnover 0.04x 0.05x 9/13
Fixed Assets Turnover 10.4x 13.7x 6/8

Income Statement

MetricBMOIndustry medianRank
Total Revenue $45.85B $45.85B 7/13
Net Income $11.14B $11.23B 9/15

Dividend & Shareholder Information

MetricBMOIndustry medianRank
Shares Outstanding 709M – –
Net Income Growth 17.5% 19.1% 7/12
EPS Growth 19.1% 22.1% 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.

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Company 90-Day AI Forecast (Total) Market Cap P/E Ratio P/B Ratio
BMO Bank Of Montreal /Can/ ▼ $118.44B 11.4x –
RY Royal Bank Of Canada ▼ $277.04B 11.1x –
MUFG Mitsubishi Ufj Financial Group Inc ▶ $259.67B 25.2x 2.1x
TD Toronto Dominion Bank ▼ $203.40B 7.6x –
SAN Banco Santander, S.A. ▶ $195.37B 4.8x –
SMFG Sumitomo Mitsui Financial Group, Inc. ▶ $160.23B 2.8x –
BBVA Banco Bilbao Vizcaya Argentaria, S.A. ▶ $146.83B – –
HDB Hdfc Bank Ltd ▼ $121.50B – 281.9x
CM Canadian Imperial Bank Of Commerce /Can/ ▼ $104.22B 9.8x –
ING Ing Groep Nv ▶ $97.09B 4.2x –
LYG Lloyds Banking Group Plc ▼ $81.48B 20.7x –
BCS Barclays Plc ▶ $77.53B 14.5x –
NWG Natwest Group Plc ▶ $70.31B 7.6x –
BSBR Banco Santander (Brasil) S.A. ▶ $20.90B – –
BSAC Banco Santander Chile ▼ $15.40B 1804.3x –
GGAL Grupo Financiero Galicia Sa ▶ $6.02B – –
NTB Bank Of N.T. Butterfield & Son Ltd ▼ $2.34B 12.3x 2.1x
ESQ Esquire Financial Holdings, Inc. ▶ $1.44B 19.7x 4.6x
PGC Peapack Gladstone Financial Corp ▶ $769M 17.3x 1.1x
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
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News

Bank Of Montreal /Can/ (BMO) stock news

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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.