Bank of Montreal (BMO)

NYSE
Currency in USD
97.47
+0.77(+0.80%)
Closed
After Hours
97.43-0.04(-0.04%)

BMO Earnings

Latest Release
Feb 25, 2025
EPS / Forecast
3.04 / 2.44
Revenue / Forecast
9.26B / 8.55B
EPS Revisions
Last 90 days
Release Date
Period End
EPS
/Forecast
Revenue
/Forecast
EPS Surprise %
Revenue Surprise %
Reaction
04/2025--/2.56--/8.75B----Free Sign Up
01/20253.04/2.449.26B/8.55B+24.59%+8.3%Free Sign Up
10/20241.9/2.468.96B/8.38B-22.76%+6.92%Free Sign Up
07/20242.64/2.778.21B/8.25B-4.69%-0.48%Free Sign Up
04/20242.59/2.777.97B/8.07B-6.5%-1.24%Free Sign Up
01/20242.56/2.987.85B/8.33B-14.09%-5.76%Free Sign Up
10/20232.81/2.818.22B/8.22B0%0%Free Sign Up
07/20232.78/3.157.9B/8.08B-11.75%-2.23%Free Sign Up
04/20232.93/3.198.44B/8.14B-8.15%+3.69%Free Sign Up
01/20233.22/3.166.47B/7.22B+1.9%-10.39%Free Sign Up

All numbers in CAD

Bank of Montreal Earnings Call Summary for Q3/2024

  • BMO reports record Q3 2024 pre-provision pre-tax earnings of $3.5B, up 8% YoY, driven by strong Canadian P&C Banking performance
  • Provisions for credit losses at $906M; bank expects elevated levels near-term but normalization by end of fiscal 2025
  • CET1 ratio robust at 13%; BMO aims to maintain above 12.5% while targeting 15% ROE in midterm
  • No share buybacks planned due to market uncertainties; higher earnings projected for Q4 2024 and Q1 2025
  • BMO Capital Markets net income up 31% YoY; bank well-positioned for declining rate environment and future growth opportunities
Last Updated: 2024-08-27, 12:36 p/m
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