TD Securities Lifts Price Target on Bank of Montreal (BMO) while Holding Rating Steady

Bank of Montreal (NYSE:BMO) is included among the 15 Global Dividend Stocks to Diversify Your Portfolio.

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On December 5, TD Securities raised its terms people connected Bank of Montreal (NYSE:BMO) to C$184 from C$182 and kept a Hold standing connected the shares.

Bank of Montreal reported higher fourth-quarter profit, driven mostly by a rebound successful dealmaking and stronger equity markets. Its superior markets portion benefited the astir from this shift. Strong crude lipid exports and accrued authorities spending helped Canada debar the worst effects of US President Donald Trump’s tariff policy. Those tariffs proceed to measurement connected sectors specified arsenic alloy and aluminum, but the broader system has shown resilience.

Loan maturation remains nether unit arsenic uncertainty tied to US commercialized argumentation lingers. That has pushed Canada’s largest banks, including BMO, to thin much heavy connected fee-based businesses to enactment growth. Profit astatine Bank of Montreal (NYSE:BMO)’s superior markets portion much than doubled to C$521 million, up from C$251 cardinal a twelvemonth earlier. Higher gross from planetary marketplace activity, on with stronger concern and firm banking results, drove the increase.

Provision for recognition losses fell to C$755 cardinal from C$1.52 cardinal past year. That diminution points to improved assurance successful recognition quality.

Separately, Bloomberg reported that Steve Thom volition discontinue arsenic caput of planetary recognition trading astatine Bank of Montreal (NYSE:BMO), according to radical acquainted with the matter. Thom joined the slope 5 years agone arsenic a managing director. BMO has been reshaping its superior markets part done a premix of caller appointments and occupation cuts. The portion generated astir C$2 cardinal successful net connected C$7.5 cardinal successful gross during fiscal 2025, based connected figures from the bank’s yearly report.

Bank of Montreal (NYSE:BMO) provides a wide scope of idiosyncratic and concern banking services, including deposit accounts, lending products, recognition cards, and different fiscal solutions.

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