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Are you looking to buy Bank of Montreal stocks? Chech our BAMagazine with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy TSE:BMO! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Bank of Montreal stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Bank of Montreal provides diversified financial services primarily in North America. The company’s personal banking products and services include checking and savings accounts, credit cards, mortgages, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, specialized banking programs, treasury and payment solutions, and risk management products for small business and commercial banking customers. It also offers investment and wealth advisory services; digital investing services; financial services and solutions; and investment management, and trust and custody services to institutional, retail, and high net worth investors. In addition, the company provides life insurance, accident and sickness insurance, and annuity products; creditor and travel insurance to bank customers; and reinsurance solutions. Further, it offers client’s debt and equity capital-raising services, as well as loan origination and syndication, balance sheet management, and treasury management; strategic advice on mergers and acquisitions, restructurings, and recapitalizations, as well as valuation and fairness opinions; and trade finance, risk mitigation, and other operating services. Additionally, the company provides research and access to markets for institutional, corporate, and retail clients; trading solutions that include debt, foreign exchange, interest rate, credit, equity, securitization and commodities; new product development and origination services, as well as risk management advice and services to hedge against fluctuations; and funding and liquidity management services to its clients. It operates through approximately 1,400 bank branches and 4,800 automated banking machines in Canada and the United States. The company was founded in 1817 and is headquartered in Montreal, Canada.
Average volume
2.91 million shs
MARKET CAP
C$63.34 billion
Stock exchange
TSE
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- Stephen Johnson
- November 5, 2021
- No Comments
How to buy Bank of Montreal stocks?
Below is a quick guide on how to buy TSE:BMO stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Bank of Montreal shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Bank of Montreal – Search for “”TSE:BMO”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Bank of Montreal stocks with 0% commission!.
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Is Bank of Montreal (BMO.TO) a buy right now?
7 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Bank of Montreal (BMO.TO) in the last twelve months. There are currently 4 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should “buy” Bank of Montreal (BMO.TO) stock.
What stocks does BAMagazine like better than Bank of Montreal (BMO.TO)?
Wall Street analysts have given Bank of Montreal (BMO.TO) a “Buy” rating, but there may be better short-term opportunities in the market. Some of BAMagazine’s past winning trading ideas have resulted in 5-15% weekly gains. BAMagazine just released five new trading ideas, but Bank of Montreal (BMO.TO) wasn’t one of them. BAMagazine thinks five stocks may be even better buys in the how to buy stocks guide.
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How to buy Bank of Montreal stocks step by step guide
It can be difficult to navigate through all the outdated and incorrect information related to purchasing TSE:BMO stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Bank of Montreal stocks with a step by step approach.
Step 1: Open an Account with a Broker
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Bank of Montreal stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Step 2: Verify your Account
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Step 3: Fund your eToro Account
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Step 4: Search for Bank of Montreal stocks
Now that you’ve funded your eToro account, just type “TSE:BMO stocks” into the search bar at the top of the screen and press “trade”.
Step 5: Buy TSE:BMO
All that’s left is to buy some TSE:BMO stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
How And Where To Buy Stocks Conclusion
All in all, TSE:BMO is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Bank of Montreal stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
When is Bank of Montreal (BMO.TO)’s next earnings date?
Bank of Montreal (BMO.TO) is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Bank of Montreal (BMO.TO).
How were Bank of Montreal (BMO.TO)’s earnings last quarter?
Bank of Montreal (BMO.TO) (TSE:BMO) announced its quarterly earnings data on Tuesday, December, 1st. The bank reported $2.41 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.94 by $0.47. The bank earned $5.99 billion during the quarter, compared to analyst estimates of $5.82 billion.
View Bank of Montreal (BMO.TO)’s earnings history.
How has Bank of Montreal (BMO.TO)’s stock been impacted by COVID-19?
Bank of Montreal (BMO.TO)’s stock was trading at C$72.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BMO stock has increased by 35.6% and is now trading at C$98.15.
How often does Bank of Montreal (BMO.TO) pay dividends? What is the dividend yield for Bank of Montreal (BMO.TO)?
Bank of Montreal (BMO.TO) declared a quarterly dividend on Tuesday, December 1st. Shareholders of record on Monday, February 1st will be paid a dividend of 1.06 per share on Friday, February 26th. This represents a $4.24 annualized dividend and a dividend yield of 4.32%. The ex-dividend date of this dividend is Friday, January 29th.
View Bank of Montreal (BMO.TO)’s dividend history.
Where to Buy Bank of Montreal Stocks Broker Reviews
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying TSE:BMO stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
- eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
Excellent for both new and experienced traders
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Is Bank of Montreal (BMO.TO) a good dividend stock?
Bank of Montreal (BMO.TO) pays an annual dividend of C$4.24 per share and currently has a dividend yield of 4.33%. BMO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Bank of Montreal (BMO.TO) is 56.16%. This payout ratio is at a healthy, sustainable level, below 75%.
View Bank of Montreal (BMO.TO)’s dividend history.
What price target have analysts set for BMO?
7 analysts have issued 12 month price targets for Bank of Montreal (BMO.TO)’s stock. Their forecasts range from C$74.00 to C$116.00. On average, they expect Bank of Montreal (BMO.TO)’s stock price to reach C$97.60 in the next year. This suggests that the stock has a possible downside of 0.6%.
View analysts’ price targets for Bank of Montreal (BMO.TO) or view top-rated stocks among Wall Street analysts.
Compliance
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Who are Bank of Montreal (BMO.TO)’s key executives?
Bank of Montreal (BMO.TO)’s management team includes the following people:
Mr. William Darryl White, CEO & Director (Age 48, Pay $3.35M)
Mr. Thomas E. Flynn, Vice Chairman
Mr. Cameron Fowler, Chief Strategy & Operations Officer
Mr. Daniel Barclay, CEO & Group Head of BMO Capital Markets
Mr. David Robert Casper, U.S. CEO – BMO Financial Group, Chair & CEO – BMO Harris Bank N.A. & Group Head of North America com
Mr. Tayfun Tuzun, Chief Financial Officer (Age 56)
Mr. Steve Tennyson, Chief Technology & Operations Officer
Ms. Jill Homenuk CFA, Head of Investor Relations
Ms. Sharon Marie Haward-Laird, Gen. Counsel
Ms. Catherine Margaret Roche, Head of Marketing & Strategy
Who are some of Bank of Montreal (BMO.TO)’s key competitors?
Some companies that are related to Bank of Montreal (BMO.TO) include The Toronto-Dominion Bank (TD.TO) (TD), The Bank of Nova Scotia (BNS.TO) (BNS), HSBC Holdings plc (HSBA.L) (HSBA), Canadian Imperial Bank of Commerce (CM.TO) (CM), Barclays PLC (BARC.L) (BARC), National Bank of Canada (NA.TO) (NA), Canadian Western Bank (CWB), Secure Trust Bank PLC (STB.L) (STB), Arbuthnot Banking Group PLC (ARBB.L) (ARBB), Manx Financial Group (MFX), Atlas Mara Limited (ATMA.L) (ATMA), Australia and New Zealand Banking Group Limited (ANZ.AX) (ANZ), Banca Carige S.p.A. – Cassa di Risparmio di Genova e Imperia (CRG.MI) (CRG), Bank of Queensland Limited (BOQ.AX) (BOQ) and Bendigo and Adelaide Bank Limited (BEN.AX) (BEN).
View all of BMO’s competitors.
What other stocks do shareholders of Bank of Montreal (BMO.TO) own?
Based on aggregate information from BAMagazine research, some companies that other Bank of Montreal (BMO.TO) investors own include The Toronto-Dominion Bank (TD.TO) (TD), The Bank of Nova Scotia (BNS.TO) (BNS), Royal Bank of Canada (RY.TO) (RY), Enbridge Inc. (ENB.TO) (ENB), Canadian Imperial Bank of Commerce (CM.TO) (CM), BCE Inc. (BCE.TO) (BCE), Suncor Energy Inc. (SU.TO) (SU), Manulife Financial Co. (MFC.TO) (MFC), TELUS Co. (T.TO) (T) and Fortis (FTS).
What is Bank of Montreal (BMO.TO)’s stock symbol?
Bank of Montreal (BMO.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol “BMO.”
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How do I buy shares of Bank of Montreal (BMO.TO)?
Shares of BMO and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor’s Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
What is Bank of Montreal (BMO.TO)’s stock price today?
One share of BMO stock can currently be purchased for approximately C$98.15.
How much money does Bank of Montreal (BMO.TO) make?
Bank of Montreal (BMO.TO) has a market capitalization of C$63.46 billion and generates C$22.23 billion in revenue each year.
How many employees does Bank of Montreal (BMO.TO) have?
Bank of Montreal (BMO.TO) employs 43,360 workers across the globe.
What is Bank of Montreal (BMO.TO)’s official website?
The official website for Bank of Montreal (BMO.TO) is www.bmo.com.
Where are Bank of Montreal (BMO.TO)’s headquarters?
Bank of Montreal (BMO.TO) is headquartered at Stn 1st Can Place PO Box 1, TORONTO, ON M5X 1A1, Canada.
More information
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Frequently asked questions
How to buy Bank of Montreal stock?
The safest and easiest way to buy TSE:BMO stock is by using a regulated broker like eToro. You can open an account with the platform, make a deposit and buy this stock all in under 5 minutes from start to finish. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading TSE:BMO stocks in a safe and complete environment.
Where to buy Bank of Montreal stock?
You will first want to find a licensed broker that supports TSE:BMO stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading TSE:BMO stocks in a safe and complete environment.
Is TSE:BMO stock a good investment?
As with any other asset, there is an element of risk associated with buying TSE:BMO stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Bank of Montreal stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with TSE:BMO is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Bank of Montreal stock.
How do you trade Bank of Montreal stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Bank of Montreal stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on TSE:BMO stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Bank of Montreal stock?
To sell your TSE:BMO stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Bank of Montreal stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading TSE:BMO stock.
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Stephen Johnson
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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