Valuation dashboard for Bank of Montreal (BMO) with P/E 20.02, P/B 1.99, EV/EBITDA 18.22 and dividend yield 2.74%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Financial Services companies.
Bank of Montreal engages in the provision of diversified financial services primarily in North America. The company operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments.
Analysis Summary
Bank of Montreal reported revenue of 78.15B CAD in the most recent fiscal year, growing at a 5-year CAGR of 17.9%. Net income reached 8.71B CAD, with a 11.3% 5-year CAGR.
Trailing-twelve-month margins: gross margin 45.6%, operating margin 15.8%, net margin 11.7%.
At $169.11 (closing price, October 29, 2026), BMO trades at a P/E of 20.02 and an ROE of 10.58%. Market capitalisation stands at $117.5B, placing it among large-cap names.
Balance sheet quality for BMO: current ratio of 0.1. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 20.02 |
| Price / Book | 1.99 |
| EV / EBITDA | 18.22 |
| Dividend Yield | 2.74% |
Valuation Models
| DCF Fair Value | $408.23 |
| vs Current Price | +141.4% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| BMO | Bank of Montreal | $117.5B | 20.02 | 1.99 | 10.6% |
| RY.TO | Royal Bank of Canada | $390.7B | 18.13 | 2.76 | 16.1% |
| TD.TO | The Toronto-Dominion Bank | $290.9B | 19.03 | 2.31 | 12.8% |
| CM.TO | Canadian Imperial Bank of Commerce | $150.9B | 16.34 | 2.33 | 15.4% |
| BNS.TO | The Bank of Nova Scotia | $160.7B | 17.28 | 1.83 | 11.4% |
| NA.TO | National Bank of Canada | $56.8B | 17.62 | 2.37 | 14.4% |
Price
| Price | $169.11 (closing price, October 29, 2026) |
| Market Cap | $117.5B |
| Exchange | NYSE |
| Country | CA |
Profitability
| Return on Equity | 10.58% |
| Return on Invested Capital | 0.59% |
| Return on Assets | 0.59% |
| Gross Margin | 45.57% |
| Operating Margin | 15.85% |
| Net Margin | 11.75% |
Related companies: RY.TO · TD.TO · CM.TO · BNS.TO · NA.TO
Explore sector: Financial Services · Banks - Diversified
More sections of BMO: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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