Janice Babiak - Bank of Montreal Independent Director

BMO Stock  CAD 130.88  0.36  0.27%   

Director

Ms. Janice M. Babiak, CPA, CA, CISM, CISA, serves as Independent Director of Bank of Montreal since 2012.
Age 61
Tenure 12 years
Professional MarksMBA
Address 129 rue Saint-Jacques, Montreal, QC, Canada, H2Y 1L6
Phone416-867-7366
Webhttps://www.bmo.com
Babiak, is a Corporationrationrationrate Director, is a former Managing Partner at Ernst & Young LLP, an accounting firm. From 1982 until the end of 2009, and based in the United Kingdom from 1990 onwards, she held a number of roles including global assurance and advisory P&L leadership roles in Technology Security and Risk Services and Regulatory and Public Policy; and she founded and led their global Climate Change and Sustainability Services practice. She also served on EY’s management board for Northern Europe, Middle East, India and Africa. Her current listed company portfolio includes serving on the board of Walgreens Boots Alliance, Inc. where she chairs the Audit Committee and serves on the Finance Committee. She joined the board of Euromoney Institutional Investor PLC beginning December 1, 2017 and serves on its Nominations Committee. She is a Council member for the Institute of Chartered Accountants in England and Wales. She received a B.B.A

Bank of Montreal Management Efficiency

At this time, Bank of Montreal's Return On Tangible Assets are very stable compared to the past year. As of the 13th of November 2024, Return On Capital Employed is likely to grow to 0.03, while Return On Equity is likely to drop 0.06. At this time, Bank of Montreal's Non Current Assets Total are very stable compared to the past year. As of the 13th of November 2024, Return On Tangible Assets is likely to grow to 0.01, while Total Assets are likely to drop about 626.6 B. Bank of Montreal's management efficiency ratios could be used to measure how well Bank of Montreal manages its routine affairs as well as how well it operates its assets and liabilities.
Bank of Montreal has accumulated 248.74 B in total debt with debt to equity ratio (D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Debt can assist Bank of Montreal until it has trouble settling it off, either with new capital or with free cash flow. So, Bank of Montreal's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bank of Montreal sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bank to invest in growth at high rates of return. When we think about Bank of Montreal's use of debt, we should always consider it together with cash and equity.

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Bank of Montreal provides diversified financial services primarily in North America. The company was founded in 1817 and is headquartered in Montreal, Canada. BANK OF MONTREAL operates under BanksDiversified classification in Canada and is traded on Toronto Stock Exchange. It employs 45513 people. Bank of Montreal (BMO) is traded on Toronto Exchange in Canada and employs 55,767 people. Bank of Montreal is listed under Diversified Banks category by Fama And French industry classification.

Management Performance

Bank of Montreal Leadership Team

Elected by the shareholders, the Bank of Montreal's board of directors comprises two types of representatives: Bank of Montreal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bank. The board's role is to monitor Bank of Montreal's management team and ensure that shareholders' interests are well served. Bank of Montreal's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bank of Montreal's outside directors are responsible for providing unbiased perspectives on the board's policies.
Eric Fleche, Independent Director
Herbert Mazariegos, Chief Officer
Thomas Flynn, Chief Financial Officer
Craig Broderick, Independent Director
Patrick Cronin, Chief Risk Officer, BMO Financial Group
Martin Eichenbaum, Independent Director
Larry Zelvin, EVP Unit
Erminia Johannson, Group Head, North American Personal Banking & U.S. Business Banking, BMO Financial Group
Michael Bonner, Senior Yukon
Catherine Roche, Head, Office of Strategic Management
Sophie Brochu, Independent Director
Cameron Fowler, President - North American Personal and Business Banking
Tayfun Tuzun, Chief Officer
Kimberley Goode, Chief Officer
Sharon HawardLaird, General Counsel
Steve Tennyson, Chief Technology and Operations Officer
David Harquail, Independent Director
William White, CEO Director
Richard Rudderham, Chief Human Resource Officer
Steve CFA, Chief Officer
Christine Viau, Head Relations
Geoff Barsky, CoHead Markets
Deland Kamanga, Group Management
Mona Malone, Chief Human Resources Officer and Head of People & Culture, BMO Financial Group
Ronald Farmer, Independent Director
Simon Fish, General Counsel
Gary CFA, Europe Banking
Gail CPA, Chief Auditor
Janice Babiak, Independent Director
Darryl White, Chief Executive Officer, Director
James Walsh, Managing Director
George Cope, Chairman of the Board
David Casper, U.S. Chief Executive Officer, BMO Financial Group, Chair and Chief Executive Officer, BMO Harris Bank N.A. and Group Head, North American Commercial Banking
Christine Edwards, Independent Director
Linda Huber, Independent Director
Daniel Barclay, Chief Executive Officer & Group Head, BMO Capital Markets
Joanna Rotenberg, Chief Marketing Officer & Head - Strategy
Lorraine Mitchelmore, Independent Director

Bank Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bank of Montreal a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Bank of Montreal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of Montreal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of Montreal will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bank Stock

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The ability to find closely correlated positions to Bank of Montreal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Montreal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of Montreal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of Montreal to buy it.
The correlation of Bank of Montreal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of Montreal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Montreal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of Montreal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Bank of Montreal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of Montreal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of Montreal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of Montreal Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Montreal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Please note, there is a significant difference between Bank of Montreal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Montreal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Montreal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.