Bank of Montreal

TSX-BMO

Basic

Market Cap
CA$87.71B
EV
—
Shares Out
729.41M
Revenue
CA$31.69B
Employees
55,767

Margins

Gross
—
EBITDA
—
Operating
—
Pre-Tax
25.81%
Net
20.07%
FCF
-80.39%

Returns (5Yr Avg)

ROA
0.73%
ROTA
12.73%
ROE
12.18%
ROCE
—
ROIC
0.94%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
CA$129.73
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
—
Net Debt
-CA$185B
Debt/Equity
—
EBIT/Interest
—

Growth (CAGR)

Rev 3Yr
8.11%
Rev 5Yr
5.94%
Rev 10Yr
—
Dil EPS 3Yr
-3.03%
Dil EPS 5Yr
-2.5%
Dil EPS 10Yr
2.58%
Rev Fwd 2Yr
4.49%
EBITDA Fwd 2Yr
1.4%
EPS Fwd 2Yr
-0.41%
EPS LT Growth Est
3.22%

Dividends

Yield
—
Payout
71.59%
DPS
CA$5.96
DPS Growth 3Yr
12.02%
DPS Growth 5Yr
8.74%
DPS Growth 10Yr
7.11%
DPS Growth Fwd 2Yr
5.26%

Metric	Oct '14	Oct '15	Oct '16	Oct '17	Oct '18	Oct '19	Oct '20	Oct '21	Oct '22	Oct '23	LTM
Interest Income On Loans						19,824	17,945	15,727	20,464	40,169	44,247
Interest Income On Investments						6,328	5,370	4,160	6,433	15,405	18,192
Interest Income, Total						26,152	23,315	19,887	26,897	55,574	62,439
Interest On Deposits						8,616	6,239	3,220	6,711	26,547	31,840
Total Interest On Borrowings						4,648	3,105	2,357	4,301	10,346	11,517
Interest Expense, Total						13,264	9,344	5,577	11,012	36,893	43,357
Net Interest Income						12,888	13,971	14,310	15,885	18,681	19,082
Service Charges On Deposits						1,204	1,221	1,243	1,318	1,517	1,600
Trust Income						1,747	1,807	1,982	1,770	1,851	1,933
Income From Trading Activities						298	15	296	8,250	-216	1,786
Gain (Loss) on Sale of Assets	—	—	—	—	—	—	—	-78	-8	—	—
Gain (Loss) on Sale of Invest. & Securities						249	124	591	281	181	165
Income (Loss) on Equity Invest.						151	161	248	274	185	155
Total Other Non Interest Income						8,946	7,887	8,487	5,924	9,000	9,236
Non Interest Income, Total						12,595	11,215	12,769	17,809	12,518	14,875
Revenues Before Provison For Loan Losses						25,483	25,186	27,079	33,694	31,199	33,957
Provision For Loan Losses						872	2,953	20	313	2,178	2,270
Total Revenues						24,611	22,233	27,059	33,381	29,021	31,687
Total Revenues % Chg.						10.6%	-9.7%	21.7%	23.4%	-13.1%	13.4%
Salaries And Other Employee Benefits						7,278	7,567	6,753	8,035	10,918	10,893
Amort. of Goodwill & Intang. Assets						554	620	634	604	1,015	1,130
Occupancy Expense						2,310	2,931	3,396	3,635	4,879	4,676
Selling General & Admin Expenses, Total						2,699	1,836	2,837	2,343	2,926	2,894
Total Other Non Interest Expense						4,002	2,918	2,402	878	3,420	3,915
Non Interest Expense, Total						16,843	15,872	16,022	15,495	23,158	23,508
EBT, Excl. Unusual Items						7,768	6,361	11,037	17,886	5,863	8,179
Restructuring Charges	—	—	—	—	—	-483	—	—	—	—	—
Total Merger & Related Restructuring Charges	—	—	—	—	—	-13	-9	—	—	—	—
Impairment of Goodwill	—	—	—	—	—	—	—	-779	—	—	—
Asset Writedown	—	—	—	—	—	—	-4	—	—	—	—
EBT, Incl. Unusual Items						7,272	6,348	10,258	17,886	5,863	8,179
Income Tax Expense						1,514	1,251	2,504	4,349	1,486	1,806
Earnings From Continuing Operations						5,758	5,097	7,754	13,537	4,377	6,373
Minority Interest					—	—	—	—	—	-12	-15
Net Income						5,758	5,097	7,754	13,537	4,365	6,358
Preferred Dividend and Other Adjustments						211	247	244	231	331	349
Net Income to Common Incl Extra Items						5,547	4,850	7,510	13,306	4,034	6,009
Net Income to Common Excl. Extra Items						5,547	4,850	7,510	13,306	4,034	6,009
Total Shares Outstanding						639.2	645.9	648.1	677.1	720.9	729.3
Weighted Avg. Shares Outstanding						638.9	641.4	647.2	664	709.4	721.7
Weighted Avg. Shares Outstanding Dil						640.4	642.1	648.7	665.7	710.5	722.7
EPS						8.7	7.6	11.6	20	5.7	8.3
EPS Diluted						8.7	7.6	11.6	20	5.7	8.3
Effective Tax Rate						20.8%	19.7%	24.4%	24.3%	25.3%	22.1%