Bank of Montreal stock rises as returns improve
Published on 09/23/2026 at 13:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Bank of Montreal stock (ISIN CA0636711016) traded at USD 177.19 on the NYSE on September 23, 2026, up 1.55 percent, while the latest quarter delivered EPS of USD 2.84 against a USD 2.71 consensus estimate. The combination of a dated market move and improving operating returns gives the Canadian bank a clear earnings-based anchor.
Returns improve across the bank
According to MarketBeat on September 23, 2026, BMO reported third-quarter return on equity of 14 percent, compared with 9.8 percent at the end of 2024. Revenue increased 11 percent year over year, while pre-provision, pre-tax income rose 13 percent to C$4.5 billion.
The same September 2026 report said earnings per share grew 22 percent and return on tangible common equity reached 18 percent. BMO is targeting return on equity of 15 percent and return on tangible common equity of 18 percent by the end of 2027, making capital efficiency the central benchmark for the strategy.
Latest quarter beats estimates
According to MarketBeat on September 23, 2026, Bank of Montreal reported quarterly EPS of USD 2.84, exceeding the USD 2.71 consensus by USD 0.13. Revenue reached USD 7.10 billion versus analyst expectations of USD 6.94 billion, an increase of 10.1 percent from the same period a year earlier.
The figures point to operating leverage rather than a single isolated beat: revenue grew by 10.1 percent year over year, while the reported return on equity was 13.60 percent in the quarterly data cited by MarketBeat. The bank's United States banking business generated a 9.8 percent return on equity in the third quarter, leaving further improvement in that segment as an important execution test.
Valuation remains measured
Market data on September 23, 2026, put Bank of Montreal's NYSE market capitalization at USD 123.16 billion. The stock traded below its 52-week high of USD 187.22 and above its 52-week low of USD 119.84, while the 50-day moving average stood at USD 177.24 and the 200-day moving average at USD 163.11.
MarketBeat reported a consensus rating of Hold and an average price target of USD 163.00 on September 23, 2026. That target sits below the cited NYSE price of USD 177.19, so the earnings beat has not translated into a uniformly bullish valuation view.
Bank of Montreal stock holds above USD 177
Bank of Montreal stock closed or traded at USD 177.19 on the NYSE on September 23, 2026, with a daily gain of 1.55 percent. The market capitalization was USD 123.16 billion on the same date, while the latest quarterly comparison showed revenue up 10.1 percent year over year and EPS USD 0.13 above consensus.
Bank of Montreal stock data
- Company: Bank of Montreal
- ISIN: CA0636711016
- Ticker: BMO
- Trading venue: NYSE
- Price as of September 23, 2026: USD 177.19
- Market capitalization: USD 123.16 billion as of September 23, 2026
- Sector / Industry: Financials / Banks
- Index membership: S&P/TSX Composite Index
