Financials Bank of Montreal

Equities

BMO

CA0636711016

Banks

Market Closed - Toronto S.E. Other stock markets 01:30:00 19/09/2024 am IST			5-day change	1st Jan Change
118.33 ^CAD	-0.81%		+3.34%	-9.75%

18/09	BMO Comments on Canada's Core Inflation Data; Eyes on Next Week's GDP Data	MT
17/09	Canada's Inflation Returns to Central Bank's Target, Says BMO	MT

Projected Income Statement: Bank of Montreal

Fiscal Period: October	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	23,070	23,478	27,186	33,710	31,199	32,410	34,164	35,821
Change	-	1.77%	15.79%	24%	-7.45%	3.88%	5.41%	4.85%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	8,440	9,771	11,208	12,022	13,346	13,374	14,526	15,042
Change	-	15.77%	14.71%	7.26%	11.01%	0.21%	8.61%	3.55%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	7,272	6,348	10,258	17,886	5,863	8,829	8,821	12,062
Change	-	-12.71%	61.59%	74.36%	-67.22%	50.59%	-0.09%	36.74%
Net income ¹	5,547	5,097	7,754	13,537	4,377	6,298	6,184	8,672
Change	-	-8.11%	52.13%	74.58%	-67.67%	43.89%	-1.8%	40.21%
Announcement Date	03/12/19	01/12/20	03/12/21	01/12/22	01/12/23	-	-	-

¹CAD in Million

Estimates

Fiscal Period: October	2019 Q4	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
Net sales ¹	5,829	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	8,349	8,445	8,311	8,544	8,505	8,625	8,553	8,715
Change	-	4.8%	-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%	1.92%	1.14%	-1.59%	2.8%	-0.45%	1.4%	-0.83%	1.89%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	1,842	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	3,562	-	-	-	-	-	-	-
Change	-	34.2%	-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%	1.51%	-100%	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	1,512	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	2,589	2,091	1,453	2,037	2,411	2,642	2,865	3,189
Change	-	33.13%	-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%	5.8%	-19.24%	-30.51%	40.19%	18.36%	9.58%	8.44%	11.31%
Net income ¹	1,142	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	1,751	1,489	919	1,450	1,623	1,895	1,957	2,294
Change	-	33.27%	-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%	-3.47%	-14.96%	-38.28%	57.78%	11.93%	16.76%	3.27%	17.22%
Announcement Date	03/12/19	25/02/20	27/05/20	25/08/20	01/12/20	23/02/21	26/05/21	24/08/21	03/12/21	01/03/22	25/05/22	30/08/22	01/12/22	28/02/23	24/05/23	29/08/23	01/12/23	27/02/24	29/05/24	27/08/24	-	-	-	-	-	-	-	-

¹CAD in Million

Estimates

Forecast Balance Sheet: Bank of Montreal

Fiscal Period: October	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	03/12/19	01/12/20	03/12/21	01/12/22	01/12/23	-	-	-

Estimates

Cash Flow Forecast: Bank of Montreal

Fiscal Period: October	2018	2019	2020	2021	2022	2023
CAPEX ¹	330	478	399	484	777	885
Change	-	44.85%	-16.53%	21.3%	60.54%	13.9%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	04/12/18	03/12/19	01/12/20	03/12/21	01/12/22	01/12/23

¹CAD in Million

Estimates

Forecast Financial Ratios: Bank of Montreal

Fiscal Period: October	2018	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	36.58%	41.62%	41.23%	35.66%	42.78%	41.27%	42.52%	41.99%
EBT Margin (%)	-	31.52%	27.04%	37.73%	53.06%	18.79%	27.24%	25.82%	33.67%
Net margin (%)	-	24.04%	21.71%	28.52%	40.16%	14.03%	19.43%	18.1%	24.21%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.74%	0.57%	0.89%	0.85%	0.71%	0.57%	0.57%	0.61%
ROE	-	13.7%	10.3%	16.7%	15.2%	11.72%	10.45%	10.55%	11.66%
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	-	4.06	4.24	4.24	5.44	5.8	6.108	6.428	6.644
Change	-	-	4.43%	0%	28.3%	6.62%	5.31%	5.24%	3.37%
Book Value Per Share ¹	-	71.54	77.4	80.18	95.6	97.17	103	107.2	111.8
Change	-	-	8.19%	3.59%	19.23%	1.64%	5.95%	4.13%	4.32%
EPS ¹	-	8.66	7.55	11.58	19.99	5.68	8.814	10.35	12.43
Change	-	-	-12.82%	53.38%	72.63%	-71.59%	55.18%	17.44%	20.05%
Nbr of stocks (in thousands)	-	6,39,036	6,42,805	6,48,095	6,71,437	7,20,734	7,29,413	7,29,413	7,29,413
Announcement Date	-	03/12/19	01/12/20	03/12/21	01/12/22	01/12/23	-	-	-