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BMO Kicks Off 2026 With Double-Digit Earnings Growth and Record Revenue

Tipranks - Thu Feb 26, 6:12AM CST

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Bank Of Montreal ( (TSE:BMO) ) just unveiled an announcement.

BMO Financial Group reported a strong start to fiscal 2026, with first-quarter net income rising 16% year over year to $2.49 billion and adjusted earnings up 11%, driven by record revenue across all operating segments and lower provisions for credit losses. Return on equity improved on both a reported and adjusted basis, even as the bank absorbed severance costs tied to efficiency initiatives and integrated its recent Burgundy Asset Management acquisition.

Management highlighted disciplined expense control and operational efficiency as creating room for strategic investments in technology and talent, supporting BMO’s goal of elevating returns and sustaining profitable growth for clients and shareholders. The bank maintained its quarterly dividend at $1.67 per common share, up 5% from a year earlier, and continued to return capital through the repurchase of 6.0 million common shares, while preserving a strong CET1 capital ratio of 13.1%.

The most recent analyst rating on (TSE:BMO) stock is a Buy with a C$223.00 price target. To see the full list of analyst forecasts on Bank Of Montreal stock, see the TSE:BMO Stock Forecast page.

Spark’s Take on TSE:BMO Stock

According to Spark, TipRanks’ AI Analyst, TSE:BMO is a Neutral.

The score is primarily held back by financial consistency and risk factors—higher latest-year leverage and volatile revenue/cash flows—despite improved profitability. Technicals are supportive with a clear uptrend and neutral-to-positive momentum, valuation is reasonable with a solid dividend yield, and the latest earnings call was constructive with strong reported results, tempered by credit and macro uncertainty.

To see Spark’s full report on TSE:BMO stock, click here.

More about Bank Of Montreal

BMO Financial Group, operating as Bank of Montreal, is a major North American banking institution offering retail and commercial banking, wealth management, and capital markets services. The bank serves customers in Canada and the United States, and continues to expand in wealth management, including through acquisitions such as Burgundy Asset Management.

Average Trading Volume: 2,624,349

Technical Sentiment Signal: Buy

Current Market Cap: C$138.3B

Learn more about BMO stock on TipRanks’ Stock Analysis page.

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