BMO Earnings Prediction
The chart below shows how BMO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BMO sees a +2.89% change in stock price 10 days leading up to the earnings, and a -0.48% change 10 days following the report. On the earnings day itself, the stock moves by -2.31%. This data can give you a slight idea of what to expect for the next quarter's release.
BMO Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
8.86B
11.58%
9.26%
Gross Margin
--
--
--
Operating Margin
33.37%
24.79%
13.00%
Net Margin
26.00%
27.70%
13.09%
EPS
2.95
43.20%
18.95%
No Data Available
BMO Earnings Analysis
Bank of Montreal Corporation (BMO.N) Earnings Conference Call
Positive
Strong Net Income Performance: Net income for the year was $7.4 billion, with earnings per share of $9.68, reflecting strong overall performance despite challenges.
Record Pre-Tax Earnings Growth: Pre-tax earnings grew 5% to a record $13.4 billion, with growth across all operating groups.
Positive Operating Leverage: We achieved a positive operating leverage of 1.6% for the full year, demonstrating effective cost management.
Efficiency Ratio Improvement: Our efficiency ratio improved to 58.6%, reflecting sustained cost discipline and operational efficiency.
Dividend Increase Announcement: We announced a dividend increase of $0.04 to $1.59 per share, representing a 5% increase over last year.
Negative
Net Income Decline: Net income for the year was $7.4 billion, down from the previous year, with earnings per share of $9.68, also down from a year ago.
Earnings Decline Analysis: Adjusted EPS was $1.90, down from $2.93 last year, and net income was $1.5 billion, down 31% as higher PCLs offset good P&PT growth of 4%.
Provision Increase Impact: PCLs increased by $1.1 billion, impacting overall results significantly, with higher than expected provisions particularly in the wholesale portfolio.
Net Income Decline: Canadian P&C net income was down year-over-year due to higher PCLs, offsetting strong P&PT growth at 6%.
Corporate Services Net Loss: Corporate Services net loss was $147 million compared to $180 million in the prior year, driven by lower revenues.
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BMO Earning Call Sentiment
Bank of Montreal (BMO) Q4 2024 Earnings Call Transcript
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BMO.N
-0.1%Positive
The earnings call highlights both positive and negative aspects. While there are strong pre-tax earnings, efficiency improvements, and a dividend increase, there are concerns about elevated credit provisions, declining net income, and higher impaired loss rates. The Q&A section reveals management's optimism for 2024 but lacks clarity on loan growth and loss moderation. The shareholder return plan is positive, but economic and geopolitical risks could weigh on performance. Overall, the mixed signals and lack of market cap information suggest a neutral stock price movement over the next two weeks.