TSE:BMO

Bank of Montreal (BMO.TO)

242.76
-0.80 (0.33%)
as of Sep 4, 2026, 8:00:00 pm Market Open.
1164 watching
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Investor Insights
star iconSep 7, 2026, 12:00 am

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.

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Consensus
Hold
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Valuation
Fair Value
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Similar
RY
DON'T BUY
A number of banks reported misses last quarter and this one was particularly big. The collapse and trading revenues was significant. US banks were lagging to a great extent. (See Top Picks.)
BUY
Looking for the dividends to go up so you could buy the banks at this time.
COMMENT
He is light on the financial sector right now. He thinks the new rules on capital are going to require them to hold more capital and that will slow down their growth and reduce their earnings. Finds there are other things more attractive to buy.
DON'T BUY
(Market Call Minute.) Not his favourite bank at the moment.
COMMENT
Likes Canadian banks and feels the dividends are safe. May take a bit of time before they increase dividends again. The premium banks are Toronto Dominion (TD-T) and Royal (RY-T), which carry a premium multiple, so this will give you a bit better dividend. Doesn't see another leg up in the short-term but in the medium-longer term it is fine.
DON'T BUY
Have not had great management and Harris group has not been a tremendous asset for them.
COMMENT
If he were going to pick a bank, this is probably the one. Behaving very well. Nice yield of 4.4%. Recent numbers were very good. His only concern is that many investors are expecting near-term dividend increases but thinks this is a little ways away. Also need to see some resolution on the new capital requirements.
TRADE
Core holdings. Good earnings out of retail and capital markets. Doesn’t expect a dividend increase during the rest of this year.
BUY
(Market Call Minute.) Bank of Nova Scotia (BNS-T) or Bank of Montreal (BMO-T)? His preference is Bank of Nova Scotia. Likes their global involvement. However, you can't go wrong with either company.
BUY ON WEAKNESS
Capital ratios are good. Thinks we are in a choppy range bound market for a while. Market may want to correct here. Financials are the most concentrated sector on the TSX so they will be more volatile.
HOLD
All the banks have had a nice run and the return is probably 5% from here plus dividend gives you 7% or 8%. He prefers Bank of Nova Scotia (BNS-T) as this one is a little less clear as to a specific strategy but nothing wrong with it.
COMMENT
Sell and Buy BCE (BCE-T)? Not a bad idea from a trading perspective as Bank Montreal is priced pretty well for perfection at about 2X book value.
PAST TOP PICK
(Top Pick Apr 13/09, Up 30.5%) Bank of Montreal Capital Trust 10.221% maturing Dec 31/18.
DON'T BUY
Wouldn’t touch Canadian Banks at these levels. There is more downside risk. May look at preferred shares.
DON'T BUY
A lot of the stocks within the banking space have been relatively flat over the last several months. Would prefer other names in the Canadian financial space such as AGF Management (AGF.B-T) with over 6.2% yield. Dundee Wealth (DW-T) looks like it is turning itself around.
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