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Bank of Montreal

Financial Services Updated August 11, 2026
$181.30
52W $112.21 – $184.21
69/100
$126.89B
19.3
1.15
AI Committee Verdict
Buy
69/100
Conviction: Moderate · 67% agreement · 6 analysts
Moderate

Is BMO Bullish or Bearish?

Bullish. Innellis AI committee rates Bank of Montreal (BMO) Buy with a composite score of 69/100 , based on 6 analysts with 67% agreement. Last updated August 11, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +6.25 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -13.75 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The primary driver is revenue growing 115.3% yoy -- genuine top-line momentum. The main limiting factor is debt-to-equity of 2.88 adds balance-sheet risk to the value case. The committee is constructive but not yet at full conviction.

Bull & Bear Case

Bull Case
  • Price-to-book of 1.4x is a discount to asset value — Value
  • Dividend yield of 2.7% pays you to wait — Value
  • Revenue growing 115.3% YoY -- genuine top-line momentum — Growth
  • Price structure making higher highs and higher lows — Technical
  • Trend and market structure agree -- coherent bullish picture — Technical
  • Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
  • Debt-to-equity of 2.88 adds balance-sheet risk to the value case — Value
  • MACD histogram negative -- bearish momentum — Technical
  • Weekly RSI at 78 -- overbought on the larger timeframe too — Technical
  • High leverage (debt-to-equity 2.88) amplifies downside in a stress scenario — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 11, 2026
Overall Committee Score
69/100
Agreement
67%
Analysts
6
Conviction
Moderate
Sector Rank
Top 26%
of 209 Financial Services peers
Value Analyst neutral
58 / 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
+ Price-to-book of 1.4x is a discount to asset value
− Debt-to-equity of 2.88 adds balance-sheet risk to the value case
Growth Analyst bullish
85 / 100 · Low confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 115.3% YoY -- genuine top-line momentum
Technical Analyst bullish
61 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− MACD histogram negative -- bearish momentum
Risk Analyst neutral
57 / 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
− High leverage (debt-to-equity 2.88) amplifies downside in a stress scenario
Macro Analyst bullish
78 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst bullish
74 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.50 across 2 articles, 14d)
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
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Technical Analysis

RSI (14)
58.8
Neutral
MACD Histogram
-0.142
Bearish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Hh Hl
Bollinger %B
0.67
Inside Bands
Price vs Moving Averages
EMA 9
$180.60 Above
EMA 21
$179.22 Above
EMA 50
$173.88 Above
EMA 200
$151.38 Above

Fundamental Analysis

Valuation
91
Profitability
45
Financial Health
14
Cash Flow
70
Valuation
P/E Ratio 19.3×
P/B Ratio 2.07×
PEG Ratio 0.92
Dividend Yield 2.65%
52W High $184.21
52W Low $112.21
Quality & Growth
ROE 989.1%
ROA 59.0%
Gross Margin 4474.1%
Operating Margin 1679.5%
Revenue Growth YoY
Debt / Equity 1.95
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of 19.3 (inexpensive relative to a 15-40x range); Price-to-book of 2.1x; PEG ratio of 0.9 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 9.9%; Return on assets of 0.6%; Net margin of 12.6%; Gross margin of 44.7%; Current ratio of 0.48 (tight short-term liquidity); Debt-to-equity of 1.95; Free cash flow per share is positive (55.93); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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