What changed
$BMO — BUY 📊 | 6 MONTHS THESIS
🎯 latest | Rev $9.5B | EPS $3.67 vs $3.45 🟢
💡 Consensus models modest loan growth and rising provisions amid economic uncertainty. We see US segment revenue growth above 10% and cost synergies driving 5–8% EPS upside over the next year, making current estimates too low.
📉 Reward/risk: 2.4:1
🏢 Business Quality: 7/10 - Diversified North American banking franchise with strong retail, commercial, and wealth management segments, but exposed to macro cycles and integration execution risk.
📊 Valuation: cheap vs historical P/E (10.7x vs 5-year avg ~12x), fair vs Canadian bank peers (peer avg ~10.5x) on P/E and P/B (1.4x vs peer 1.3–1.5x).
🔮 Catalyst: Q2 FY2025 earnings (expected May 2025)
💰 Entry: $170.82, stop $164.5, target $185
📊 Our read: BUY. Full analysis →
https://stockduty.xyz/s/BMO0621