5 Most Profitable Canadian Stocks to Buy Now

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In this article, we will take a look at the 5 Most Profitable Canadian Stocks to Buy Now. For a deeper discussion and an extended list, please see the 10 Most Profitable Canadian Stocks to Buy Now.

5. Bank of Montreal (NYSE:BMO)

On February 25, Raymond James reaffirmed its Outperform rating on Bank of Montreal (NYSE:BMO) with a CAD$214 price target. The bank reported a robust quarter, with ongoing growth in market-sensitive sectors.

Bank of Montreal (NYSE:BMO) reported adjusted earnings per share of CAD$3.48, exceeding the forecast of CAD$3.23. This sparked a 7.74% surprise for investors. Revenue also crossed expectations, reaching CAD$9.82 billion vs. a forecast of CAD$9.43 billion.

5 Most Profitable Canadian Stocks to Buy Now

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BMO’s Canadian Personal & Commercial Banking segment achieved a 7% increase year-over-year in revenue, led by robust expansion in personal and commercial operating deposits and strong chequing account activity. Meanwhile, U.S. Banking reported revenue of $2.11 billion, up 2% amid currency challenges, owing to strong deposit growth and improved operating leverage.

Looking ahead, BMO expects earnings per share to range between $2.40 and $2.72 in the coming quarters, with full-year fiscal 2026 revenue of $27.88 billion and fiscal 2027 revenue of $28.93 billion.

Bank of Montreal (NYSE:BMO) is a Canadian financial institution that provides personal and commercial banking, wealth management, global markets, and investment banking products and services.

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