BMO targets 15% ROE while Bank of Montreal stock trades above EUR 147.60

Published on 10/01/2026 at 09:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Return on equity rose to 14.00 percent from 12.00 percent in July 2026. Bank of Montreal stock costs EUR 148.11 on October 1, 2026 after EUR 147.60.

BMO, CA0636711016, Illustration mit AI erstellt.

Bank of Montreal (ISIN CA0636711016) was trading at EUR 148.11 at Lang & Schwarz on October 1, 2026 at 9:30 a.m. CEST, while management is targeting a 15.00 percent return on equity by the end of fiscal 2027. The target and the bank's improving returns were discussed at an investor event reported by Yahoo Finance on September 22, 2026.

Returns move toward 15 percent

BMO's return on equity reached 14.00 percent in the fiscal third quarter ended July 2026, up from 12.00 percent a year earlier. That improvement leaves the bank 1.00 percentage point below its stated medium-term goal, making profitability progress more important than balance-sheet expansion alone.

The latest quarter also delivered adjusted earnings per share of USD 3.96, an increase of 22.00 percent from the prior year. The Globe and Mail published the third-quarter call transcript on September 30, 2026, which also reported adjusted net income of USD 2.86 billion, up 19.00 percent year over year.

Loan demand supports the plan

Management said loan closings nearly doubled from the prior year at the September 2026 investor event, while third-quarter revenue increased 11.00 percent and pre-provision, pretax earnings rose 13.00 percent to CAD 4.50 billion. The same discussion linked the improvement to commercial lending, fee growth, efficiency gains and capital allocation.

Credit remains a counterweight. The third-quarter total provision for credit losses was USD 722.00 million, down from USD 797.00 million a year earlier, but management also cited elevated consumer insolvencies and trade-policy uncertainty as risks. The earnings-call transcript reported a common equity tier 1 ratio of 13.00 percent and a planned operating range of 12.50 percent to 13.00 percent.

Analyst view and next date

Analyst opinion remains mixed. MarketBeat listed seven buy ratings, five hold ratings and one sell rating on October 1, 2026, with an average target of CAD 256.57 and a consensus Hold rating.

The next earnings date is listed as December 2, 2026 by Stock Analysis. For investors, that date will test whether the 14.00 percent return on equity can keep moving toward the 15.00 percent fiscal 2027 objective.

Stock edges above prior close

Bank of Montreal stock was trading at EUR 148.11 at Lang & Schwarz on October 1, 2026 at 9:30 a.m. CEST, up 0.35 percent versus the prior close of EUR 147.60 on September 30, 2026. The reference listing is BMO.TO on the Toronto Stock Exchange, where the quotation currency is CAD.

The further course of trading is shown by the continuously updated real-time quote of Bank of Montreal stock.