Financials Bank of Montreal

Equities

BMO

CA0636711016

Banks

Market Closed - Toronto S.E. Other stock markets 16:16:20 2025-01-17 EST			5-day change	1st Jan Change
143.32 ^CAD	+0.34%		+1.90%	+2.70%

01-17	BMO Brief: Maximum number of common shares that may be repurchased under the NCIB represents approximately 2.7% of the Bank's "public float"	MT
01-17	BMO Brief: Will purchase, for cancellation, up to 20 million of its common shares, commencing January 22, 2025, and ending no later than January 21, 2026	MT

Projected Income Statement: Bank of Montreal

income-statement-evolution-chart BANK-OF-MONTREAL

Fiscal Period: October	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	23,478	27,186	33,710	31,199	32,795	34,581	36,478	37,322
Change	-	15.79%	24%	-7.45%	5.12%	5.44%	5.49%	2.31%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	9,771	11,208	12,022	13,346	13,423	14,525	15,487	15,748
Change	-	14.71%	7.26%	11.01%	0.58%	8.21%	6.62%	1.69%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	6,348	10,258	17,886	5,863	9,535	11,098	12,718	13,846
Change	-	61.59%	74.36%	-67.22%	62.63%	16.4%	14.59%	8.87%
Net income ¹	5,097	7,754	13,537	4,377	6,932	8,058	9,305	10,181
Change	-	52.13%	74.58%	-67.67%	58.37%	16.25%	15.47%	9.41%
Announcement Date	12/1/20	12/3/21	12/1/22	12/1/23	12/5/24	-	-	-

¹CAD in Million

Estimates

Fiscal Period: October	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	6,109	5,539	6,101	5,986	6,975	6,047	7,562	6,573	7,723	9,318	6,099	10,570	6,470	8,440	7,929	8,360	7,672	7,974	8,192	8,957	8,549	8,463	8,733	8,779	9,152	9,042	9,129	9,151
Change	-	-9.33%	10.15%	-1.88%	16.52%	-13.3%	25.05%	-13.08%	17.5%	20.65%	-34.55%	73.31%	-38.79%	30.45%	-6.05%	5.44%	-8.23%	3.94%	2.73%	9.34%	-4.56%	-1.01%	3.2%	0.53%	4.25%	-1.2%	0.96%	0.24%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	2,472	2,056	2,694	2,549	2,789	2,747	2,916	2,756	3,280	2,813	2,870	2,959	3,122	3,118	3,055	3,226	3,067	3,355	3,509	3,492	3,477	3,619	3,823	3,777	-	-	-	-
Change	-	-16.83%	31.03%	-5.38%	9.42%	-1.51%	6.15%	-5.49%	19.01%	-14.24%	2.03%	3.1%	5.51%	-0.13%	-2.02%	5.6%	-4.93%	9.39%	4.59%	-0.48%	-0.43%	4.08%	5.64%	-1.2%	-100%	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	2,013	827	1,502	2,006	2,605	1,890	2,964	2,799	3,895	6,363	1,691	5,937	639	1,253	1,795	2,063	1,656	2,425	2,447	3,007	2,356	2,470	2,872	2,886	-	-	-	-
Change	-	-58.92%	81.62%	33.56%	29.86%	-27.45%	56.83%	-5.57%	39.16%	63.36%	-73.42%	251.09%	-89.24%	96.09%	43.26%	14.93%	-19.73%	46.44%	0.91%	22.89%	-21.65%	4.84%	16.28%	0.49%	-100%	-	-	-
Net income ¹	1,522	637	1,159	1,584	2,017	1,303	2,275	2,159	2,933	4,756	1,365	4,483	247	1,059	1,454	1,617	1,292	1,719	1,814	2,149	1,712	1,805	2,146	2,140	-	-	-	-
Change	-	-58.15%	81.95%	36.67%	27.34%	-35.4%	74.6%	-5.1%	35.85%	62.15%	-71.3%	228.42%	-94.49%	328.74%	37.3%	11.21%	-20.1%	33.05%	5.53%	18.47%	-20.34%	5.43%	18.89%	-0.28%	-100%	-	-	-
Announcement Date	2/25/20	5/27/20	8/25/20	12/1/20	2/23/21	5/26/21	8/24/21	12/3/21	3/1/22	5/25/22	8/30/22	12/1/22	2/28/23	5/24/23	8/29/23	12/1/23	2/27/24	5/29/24	8/27/24	12/5/24	-	-	-	-	-	-	-	-

¹CAD in Million

Estimates

Forecast Balance Sheet: Bank of Montreal

balance-sheet-analysis-chart BANK-OF-MONTREAL

Fiscal Period: October	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	12/1/20	12/3/21	12/1/22	12/1/23	12/5/24	-	-	-

Estimates

Cash Flow Forecast: Bank of Montreal

Fiscal Period: October	2019	2020	2021	2022	2023	2024
CAPEX ¹	478	399	484	777	885	1,564
Change	-	-16.53%	21.3%	60.54%	13.9%	76.72%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	12/3/19	12/1/20	12/3/21	12/1/22	12/1/23	12/5/24

¹CAD in Million

Estimates

Forecast Financial Ratios: Bank of Montreal

Fiscal Period: October	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	41.62%	41.23%	35.66%	42.78%	40.93%	42%	42.46%	42.19%
EBT Margin (%)	-	27.04%	37.73%	53.06%	18.79%	29.07%	32.09%	34.86%	37.1%
Net margin (%)	-	21.71%	28.52%	40.16%	14.03%	21.14%	23.3%	25.51%	27.28%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.57%	0.89%	0.85%	0.71%	0.51%	0.55%	0.62%	-
ROE	-	10.3%	16.7%	15.2%	11.72%	9.8%	10.27%	11.52%	11%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	4.24	4.24	5.44	5.8	6.12	6.397	6.703	6.38
Change	-	-	0%	28.3%	6.62%	5.52%	4.53%	4.78%	-4.82%
Book Value Per Share ¹	-	77.4	80.18	95.6	97.17	104.4	108.6	113.8	121.4
Change	-	-	3.59%	19.23%	1.64%	7.44%	3.99%	4.8%	6.75%
EPS ¹	-	7.55	11.58	19.99	5.68	9.51	10.61	12.46	13.8
Change	-	-	53.38%	72.63%	-71.59%	67.43%	11.56%	17.43%	10.77%
Nbr of stocks (in thousands)	-	642,805	648,095	671,437	720,734	729,530	729,953	729,953	729,953
Announcement Date	-	12/1/20	12/3/21	12/1/22	12/1/23	12/5/24	-	-	-