May 23, 2013
(Gold Stocks Today,
2/22/13)
The Gold Report: Your investors' report last week was entitled, "Orwellian Currencies: Weakness is Strength." Could you please explain?
Don Coxe: In his classic book, "1984," George Orwell's Big Brother rules society with three slogans: "War is peace....
(Gold Stocks Today,
2/19/13)
David Zeiler writes: A rising tide of capital expenditure (capex) spending by U.S. companies will drive a stock market rally that could last as long as five years, BMO Capital Markets Chief Investment Strategist Brian Belski says.
In a message delivere...
(The DIV-Net,
9/11/12)
BMO finally increased its dividend and BNS added a second dividend increase already this year. As I shared this news with the rest of my co-workers, they failed to see the significance of my...(read more)
Bank Of Montreal (TSE:BMO) Company Overview
Bank of Montreal (TSX: BMO, NYSE: BMO) is one of the "Big Five" Canadian banks, along with Toronto-Dominion Bank (TD), Scotiabank (BNS), Canadian Imperial Bank of Commerce (CM), and Royal Bank Of Canada (RY). BMO ranks fifth out of the five banks in market cap and net income.[1]
The Big Five have not been immune to the 2008 Financial Crisis, as TD, RY, and CM wrote down more than C$ 2 billion. BMO has written down C$ 638 million from Q3 2007 to November 19th, 2008, and has had to cut its mortgage rates.[1] However, Canadian banks have a stronger banking system than U.S. banks; Canadian banks have written down C$16.17 billion compared to the total number of dollars globally written down by banks -- USD$720 billion.[2]
(Read more at Wikinvest
) What's in this BMO analysis on Wikinvest...
- Business Financials
- Personal and Commercial Banking (59.1% of Total Revenue, 71.6% of Net Income)[5]
- Private Client Group (20.2%% of Total Revenue, 20.0% of Net Income[5]
- BMO Capital Markets (23.6% of Total Revenue, 35.0% of Net Income)[5]
- Corporate Services
- Trends and Forces
- BMO adjusts to 2008 Financial Crisis
- Canadian Banks are Seen as Less Risky than American Banks
- Canadian banks must meet Canada's Tier 1 Capital Ratio% requirements.
- BMO performance is correlated to currency rates relative to the Canadian Dollar (CAD)
- Competition
- Financial Services
- Market Share
- References

