Bullboard - Stock Discussion Forum Bank of Montreal T.BMO

Alternate Symbol(s): BMO | T.BMO.PR.W | T.BMO.PR.Y | FNGO | T.BMO.PR.E | FNGD | FNGU | CARD | CARU | N.ZUEA | N.ZEBA | N.ZOCT | N.BGDV

Bank of Montreal (BMO) is a Canada-based company, which offers a wide range of personal banking services. The Company is engaged in providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to customers across Canada, the United States, and in select markets globally. The Company offers services, such as bank... see more

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TSX:BMO - Post Discussion

Bank of Montreal > Paul Harris - BMO - Past Top Pick

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Post by Possibleidiot01 on Aug 09, 2024 1:40pm

Paul Harris - BMO - Past Top Pick

PAST TOP PICK

(A Top Pick Aug 10/23, Down 5%)

The lapse in compliance is fixable. Lots of capital. The overhang on the stock is how big is the cheque for the fine going to be? Once that cheque's written, it should be fine. Will force them to be a better bank. Being prevented from acquiring means they can put $$ to use on strengthening what they have.

banks

$77.940

Owned

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Comment by Possibleidiot01 on Aug 09, 2024 1:43pm

Oops, blew that BUY Bank of Montreal(BMO-T) 08/08/2024 Relatively cheap. Great dividend yield. Opportunity to buy. As interest rates come down, they'll do better. Issue of credit quality in US, but it has built in reserves and has lots of capital. Remember that Canadian banking operates in an incredible regulatory environment. banks ...more

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