
TSE:BMO
This summary was created by AI, based on 13 opinions in the last 12 months.
The Bank of Montreal (BMO) has garnered a mixed but generally positive outlook from various experts in the financial sector. Most reviewers emphasize its stable dividend and strong fundamentals, particularly in a well-regulated Canadian banking environment. While some analysts express concerns regarding loan loss provisions and inflationary pressures, they acknowledge BMO's robust operations in both Canadian and U.S. markets, predicting growth and profitability in the long run. Investors are advised to hold onto their shares, with some suggesting it could be a good time to buy if they have a long-term perspective. However, others caution that the entire Canadian banking sector is fully valued, recommending a diversified approach in investments.
Rotation from small-cap banks into large ones? He doesn't see a correlation. BMO itself was the highest flyer in 2018 until it got hit hard in Q4, and now it's back in the middle of the big 5 Canadian banks. He's been gradually selling off BMO (he owns 4 of the 5 banks). BMO is executing well in capital markets and the U.S., but its valuation in neutral.