Bank of Montreal (TSE:BMO) (NYSE:BMO) – Analysts at Desjardins issued their Q1 2018 earnings estimates for Bank of Montreal in a report issued on Friday. Desjardins analyst D. Young expects that the bank will earn $2.09 per share for the quarter. Desjardins also issued estimates for Bank of Montreal’s FY2018 earnings at $8.68 EPS and FY2019 earnings at $9.11 EPS.
Bank of Montreal (TSE:BMO) (NYSE:BMO) last announced its quarterly earnings results on Tuesday, December 5th. The bank reported C$1.94 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$1.99 by C($0.05). The company had revenue of C$5.66 billion during the quarter, compared to analysts’ expectations of C$5.31 billion. Bank of Montreal had a net margin of 21.70% and a return on equity of 12.00%.
Bank of Montreal (TSE:BMO) opened at C$97.61 on Monday. The company has a market cap of $63,270.00, a P/E ratio of 12.32 and a beta of 0.67. Bank of Montreal has a one year low of C$88.63 and a one year high of C$105.55.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 27th. Stockholders of record on Thursday, February 1st will be issued a $0.93 dividend. This is an increase from Bank of Montreal’s previous quarterly dividend of $0.90. This represents a $3.72 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend is Wednesday, January 31st. Bank of Montreal’s dividend payout ratio is presently 44.95%.
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Bank of Montreal Company Profile
Bank of Montreal (the Bank) is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets.
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