|Bid||82.79 x 800|
|Ask||86.27 x 800|
|Day's Range||82.96 - 85.02|
|52 Week Range||81.57 - 110.67|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||5.66|
|Earnings Date||Aug 29, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||93.98|
BMO is kicking off the second year of its Pride-themed "Rainbow Deposits" campaign, today through August 31. Canadians and Americans are invited to "deposit" pictures of rainbows using the BMO Rainbow Deposits web app at www.BMORainbowDeposits.com and share on social media using the hashtag #BMOPride. For every rainbow deposited, BMO will donate $1 to Rainbow Railroad, up to $50,000 CAD.
TORONTO — BMO Financial Group closed its acquisition of the Air Miles loyalty rewards program in Canada on Thursday, saying it plans to expand the program with new ways to earn and redeem points. "Going forward, BMO ownership gives the program stability, but more importantly, the opportunity for us to invest in the program," said Air Miles president Shawn Stewart. BMO announced in March it would purchase Air Miles after the program's U.S. parent company filed for bankruptcy. The bank's so-called
BMO (TSX: BMO) (NYSE: BMO) today announced the completion of its acquisition of LoyaltyOne's AIR MILES Reward Program (AIR MILES). The acquisition is a made-in-Canada opportunity to reinvigorate one of Canada's most celebrated loyalty programs for all Canadians collecting AIR MILES Reward Miles, as well as partners across the country.
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BMO and CF Montréal announced today that both organizations are taking another step forward in advancing gender equity in sports by introducing a women's program to the CF Montréal Academy.
BMO is increasing access to mental health care with a $2 million donation to The Royal Ottawa Health Care Group (The Royal) to support the newly-established BMO Innovative Clinic for Depression. BMO's donation is the single-largest corporate gift made to The Royal in its history and will provide increased treatment opportunities to people living with severe depression and difficult-to-treat depression.
BMO (TSX: BMO) (NYSE: BMO) and Bell Canada ("Bell") have entered into a Sustainability-Linked Derivative (SLD). The SLD leverages Bell's ambitious sustainability performance targets (SPT), and includes a pricing adjustment that increases the derivative's cost if Bell is unable to meet or exceed its science-based target to reduce its operational GHG emissions (Scope 1 and 2) by 58% by 2030 from a 2020 base year in line with the Science Based Targets initiative (SBTi). The SPT will be measured as
Bank of Montreal (TSX:BMO) and another top Canadian bank stock look to be bargains at these levels. The post Why I’m Bullish on Canadian Bank Stocks Right Now appeared first on The Motley Fool Canada.
Bank of Montreal ( TSE:BMO ) will increase its dividend from last year's comparable payment on the 28th of August to...
Bank of Montreal and Bank of Nova Scotia just reported fiscal Q2 2023 earnings. The post Better Buy: BNS Stock or BMO Shares? appeared first on The Motley Fool Canada.
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(Bloomberg) -- Corporate issuers are racing to sell debt denominated in Canadian dollars as the standoff around the US debt ceiling continues and investors look to lock in the highest yields since November. Most Read from BloombergCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17JPMorgan Tells 1,000 First Republic Employees They'll Lose Their JobsSin
It's one of the reasons why the lender is sitting on the bench instead of hunting for potential deals in the regional bank sector.
Long-term investors can accumulate BMO stock here starting at a 5.2% dividend and knowing that it can experience further weakness this year. The post BMO Stock Drops After Earnings: Should You Buy the Dip? appeared first on The Motley Fool Canada.
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The acquisition of Bank of the West supports Bank of Montreal's (BMO) fiscal Q2 results as revenues increase. Yet, higher expenses and provisions act as headwinds.
Dividend stocks are trading at bargain prices. Here are 3 to buy on the dip for your RRSP. The post 3 Top TSX Dividend Stocks to Start a Self-Directed RRSP appeared first on The Motley Fool Canada.
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,927.69, down 218.32): Manulife Financial Corp. (TSX:MFC). Finance. Down 57 cents, or 2.23 per cent, to $25.02 on 12.9 million shares. Suncor Energy Inc. (TSX:SU). Energy. Down three cents, or 0.08 per cent, to $39.32 on 10.9 million shares. Great-West Lifeco Inc. (TSX:GWO). Finance. Down 37 cents, or 0.94 per cent, to $38.95 on 10.9 million shares. Shopify Inc. (TSX:SHOP). Techn
TORONTO — Weakening economic conditions weighed on Canadian banks as they began to report second quarter results Wednesday. Both BMO Financial Group and Bank of Nova Scotia reported higher expenses, more money set aside for bad loans, and slowing loan growth in Canada that led both to earn less than they did a year ago and fall short of analysts' expectations. BMO chief executive Darryl White characterized it as a "shifting environment" that is putting pressure on revenue growth. "The impact of
For the second quarter ended April 30, 2023, recorded net income of $1,059 million or $1.30 per share ...
Lender hikes dividend but credit loss provisions grow
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Bank of Montreal and Bank of Nova Scotia on Wednesday missed quarterly profit estimates as the Canadian banks were forced to set aside more rainy day funds due to weakness in the housing market at home and global banking uncertainty. The results come as investor confidence deteriorates in markets amid high volatility triggered by a relentless rate-hiking cycle and a banking crisis in the United States, which began in March following the collapse of Silicon Valley Bank and led to the fall of a handful of U.S. regional banks. Shares of BMO and Scotiabank were down about 3.4% and 1.5% respectively in early trading in Toronto, weighing on the country's main stock index.
Bank of Montreal and Bank of Nova Scotia on Wednesday missed quarterly profit estimates as they faced higher expenses and set aside more rainy-day funds, sending their stocks lower. The results come as investor confidence in the markets crumbles in the face of a relentless rate-hiking cycle and a U.S. banking crisis that began in March with the collapse of Silicon Valley Bank. BMO shares fell as much as 4.3% in Toronto on Wednesday, hitting a more than two-year low of C$112.4, while Scotiabank fell as much as 2.5%, weighing on other major bank stocks and the country's main stock index.
Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.47 per share on paid-up common shares of Bank of Montreal for the third quarter of fiscal year 2023 ("Q3 2023 Dividend"), a 4 cent, or 3 per cent, increase from the prior quarter, up 6 per cent from the prior year.