Bank of Montreal: Strengths And Risks That Need Consideration
BMO is rated a 'buy' for long-term value investors due to its strong capital position, reliable dividends, and operational improvements despite some financial challenges. BMO's CET1 ratio of 13.6% and 196-year streak of uninterrupted dividends highlight its resilience and financial security through economic instabilities. The bank's adjusted earnings and provisions for credit losses (PCLs) have faced challenges, but these are seen as warning signs, not red flags.
London Metal Exchange approves Bank of Montreal as member
The London Metal Exchange (LME) has approved Bank of Montreal (BMO) as a category 2 member, the exchange said on Tuesday.
Gold's role as a dynamic hedge will drive prices above $2,850 this year - BMO Capital Markets
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Under Armour is an under-appreciated retail stock, says BMO's Simeon Siegel
Simeon Siegel, BMO Capital Markets analyst, joins 'Squawk on the Street' to discuss the potential risks for the retail sector.
Pharma has value names, but it's not a top pick for 2025, says BMO's Evan Siegerman
Evan Siegerman, BMO biotech analyst, joins 'Power Lunch' to discuss the big winners in the pharmaceutical space in 2025.
BMO's Evan David Seigerman cuts Novo Nordisk price target after Cagrisema data disappoints
Evan David Seigerman, BMO managing director, joins 'Fast Money' to discuss Novo sinking on its obesity drug data.
Gold is the brightest star in 2025, silver remains in second place - BMO Capital Markets
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
BMO's Brian Belski weighs in on UnitedHealth
Brian Belski, BMO Capital Markets chief investment strategist, joins CNBC's 'Closing Bell' to discuss outlooks on healthcare, whether the shooting of UnitedHealthcare CEO Brian Thompson poses long-term stock risk, and more.
BMO Q4 Earnings Dip, Stock Up on Projection of Fall in 2025 Provision
Higher provisions and a fall in NII hurt Bank of Montreal's fiscal Q4 earnings. Shares jump 8.5% on expectations of moderating provisions in fiscal 2025.
Bank of Montreal: Higher Credit Risks And A Higher Dividend
Bank of Montreal's business growth is strong, but rising credit loss provisions have significantly pressured profits, leading to a cautious outlook. The bank's net interest income grew by 10%, driven by higher net interest margins and increased loan demand. Despite a dividend increase and new share buyback authorization, the current share price in the US$90s seems too high to recommend buying.
Bank of Montreal (BMO) Q4 2024 Earnings Call Transcript
Bank of Montreal (NYSE:BMO ) Q4 2024 Earnings Conference Call December 5, 2024 8:30 AM ET Company Participants Christine Viau - Head, Investor Relations Darryl White - Chief Executive Officer Tayfun Tuzun - Chief Financial Officer Piyush Agrawal - Chief Risk Officer Ernie Johannson - Head, BMO North American Personal & Business Banking Nadim Hirji - Head, BMO Commercial Banking Alan Tannenbaum - Head, BMO Capital Markets Conference Call Participants Gabriel Dechaine - National Bank Financial Doug Young - Desjardins Capital Markets Matthew Lee - Canaccord Genuity John Aiken - Jefferies Paul Holden - CIBC Ebrahim Poonawala - Bank of America Meny Grauman - Scotiabank Darko Mihelic - RBC Capital Markets Lemar Persaud - Cormark Operator Good morning, and welcome to BMO Financial Group's Q4 2024 Earnings Release and Conference Call for December 5, 2024. Your host for today is Christine Viau.
We're trimming healthcare to be more defensive, says BMO's Brian Belski
Brian Belski, Chief Investment Strategist at BMO Capital Markets, joins 'Halftime Report' to detail his latest portfolio moves.
