Bank of Montreal is a financial services organization. Co. provides a range of retail banking, wealth management and investment banking products and services. Co. serves its clients through three operating groups: Personal and Commercial Banking, which provides financial services to personal and commercial customers; Private Client Group, which provides wealth management products and services to individuals and select institutional segments; and BMO Capital Markets, which provides clients financial and capital markets services to corporate, institutional and government clients. We show 11 historical shares outstanding datapoints in our BMO shares outstanding history coverage, used to compute BMO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BMO market cap history over the course of time is important for investors
interested in comparing BMO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BMO versus a peer is one thing; comparing
BMO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BMO can fluctuate over the course of history.
With this page we aim to empower investors researching BMO by allowing them to research the BMO market cap history. |
Video: The Importance of Market Cap
