14-May-2024
Canadian Bank Stocks Mostly Up despite Fossil Fuel Letdown
TipRanks (Mon, 13-May 12:00 PM ET)
Globe Newswire (Thu, 2-May 9:00 AM ET)
PRNewswire (Thu, 2-May 8:30 AM ET)
BMO Survey: 72% of Aspiring Homeowners are Waiting for Rate Cuts Before Buying
PRNewswire (Mon, 29-Apr 6:00 AM ET)
BMO Announces Reverse Split of Two Series of ETNs
PRNewswire (Fri, 19-Apr 5:30 PM ET)
BMO Announces Election of Board of Directors
PRNewswire (Tue, 16-Apr 6:35 PM ET)
PRNewswire (Sat, 6-Apr 12:58 AM ET)
BMO Receives Celent Award for Integration Excellence in Welcoming Nearly Two Million New Customers
PRNewswire (Thu, 21-Mar 12:00 PM ET)
BMO Recognized Among Fast Company's 2024 list of World's Most Innovative Companies
PRNewswire (Thu, 21-Mar 7:00 AM ET)
BMO Announces the Reverse Split of Three Series of ETNs
PRNewswire (Fri, 15-Mar 5:15 PM ET)
Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets. The bank's operations are primarily in Canada, with a material portion also in the U.S.
Bank Of Montreal trades on the NYSE stock market under the symbol BMO.
As of May 14, 2024, BMO stock price climbed to $94.50 with 324,823 million shares trading.
BMO has a beta of 1.09, meaning it tends to be more sensitive to market movements. BMO has a correlation of 0.37 to the broad based SPY ETF.
BMO has a market cap of $68.55 billion. This is considered a Large Cap stock.
Last quarter Bank Of Montreal reported $6 billion in Revenue and $1.88 earnings per share. This fell short of revenue expectation by $-573 million and missed earnings estimates by -$.35.
In the last 3 years, BMO stock traded as high as $122.77 and as low as $73.98.
The top ETF exchange traded funds that BMO belongs to (by Net Assets): FVD, DFIV, DFIC, DFAI, DFAX.
BMO has underperformed the market in the last year with a return of +14.1%, while the SPY ETF gained +28.8%. In the last 3 month period, BMO fell short of the market, returning +6.0%, while SPY returned +6.2%. However, in the most recent 2 weeks BMO has outperformed the stock market by returning +4.7%, while SPY returned +2.6%.
BMO support price is $93.09 and resistance is $95.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BMO stock will trade within this expected range on the day.